Hillsdale Investment Management Inc. Has $891,000 Holdings in Verizon Communications Inc. $VZ

Posted by Geri Gentry on Jul 17th, 2026

Verizon Communications logo Hillsdale Investment Management Inc. cut its stake in Verizon Communications Inc. (NYSE:VZ – Free Report) by 40.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,750 shares of the cell phone carrier’s stock after selling 12,246 shares during the period. Hillsdale Investment Management Inc.’s holdings in Verizon Communications were worth $891,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of VZ. Strengthening Families & Communities LLC lifted its holdings in Verizon Communications by 490.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after buying an additional 539 shares in the last quarter. Holos Integrated Wealth LLC acquired a new stake in shares of Verizon Communications in the 4th quarter valued at $28,000. Lam Group Inc. acquired a new stake in shares of Verizon Communications in the 1st quarter valued at $28,000. EQ Wealth Advisors LLC bought a new stake in shares of Verizon Communications during the fourth quarter worth $29,000. Finally, Sarver Vrooman Wealth Advisors raised its position in shares of Verizon Communications by 173.0% during the fourth quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier’s stock worth $29,000 after acquiring an additional 448 shares during the last quarter. 62.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on VZ shares. Citigroup raised their price target on Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a report on Friday, March 20th. Wells Fargo & Company began coverage on Verizon Communications in a report on Wednesday, July 8th. They set an “equal weight” rating and a $43.00 price objective for the company. BNP Paribas Exane cut their target price on shares of Verizon Communications from $46.00 to $44.00 and set a “neutral” rating on the stock in a research report on Tuesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Verizon Communications in a research note on Friday, May 29th. Finally, Scotiabank lowered their price target on shares of Verizon Communications from $54.50 to $51.50 and set a “sector outperform” rating for the company in a research report on Wednesday. Nine research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $50.09.

Get Our Latest Analysis on VZ

Key Stories Impacting Verizon Communications

Here are the key news stories impacting Verizon Communications this week:

Positive Sentiment: Verizon’s store divestitures and layoffs could lower operating costs and support margins as the company restructures its retail footprint. VZ Stock Rises — Verizon Moves To Slash Costs With Major Store Shakeup
Positive Sentiment: KeyCorp raised multiple earnings estimates for Verizon, including FY2027 EPS to $5.40, suggesting analysts see improving profitability ahead.
Positive Sentiment: Verizon is also benefiting from signs of operational strength, including strong wireless network quality rankings and a new BMW connected-car partnership that could expand 5G and IoT revenue opportunities. Wireless Network Quality Returns to Record High, JD Power Finds
Neutral Sentiment: Scotiabank lowered its price target to $51.50 from $54.50 but kept a “sector outperform” rating, so the note was cautious but not bearish.
Negative Sentiment: The restructuring includes significant layoffs and store sales, which can signal pressure on the core business and create near-term disruption for employees and operations. Verizon to shed 274 stores, lay off another 500 corporate employees

Verizon Communications Stock Performance

VZ stock opened at $43.84 on Friday. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.38. The company has a market cap of $183.08 billion, a P/E ratio of 10.69, a price-to-earnings-growth ratio of 1.05 and a beta of 0.26. The business’s fifty day moving average is $45.74 and its 200-day moving average is $46.09.

Verizon Communications (NYSE:VZ – Get Free Report) last announced its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.07. The business had revenue of $34.44 billion during the quarter, compared to analysts’ expectations of $34.82 billion. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.19 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Equities research analysts forecast that Verizon Communications Inc. will post 4.98 EPS for the current year.

Verizon Communications Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a dividend yield of 6.5%. The ex-dividend date is Friday, July 10th. Verizon Communications’s payout ratio is presently 69.02%.

Verizon Communications Profile

(Free Report)

Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.

The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.