Saiph Capital LLC Acquires Shares of 15,113 Verizon Communications Inc. $VZ

Posted by on Aug 17th, 2026

Saiph Capital LLC bought a new position in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) in the second quarter, HoldingsChannel reports. The firm bought 15,113 shares of the cell phone carrier’s stock, valued at approximately $640,000.

Several other hedge funds have also modified their holdings of the business. Ethic Inc. boosted its stake in shares of Verizon Communications by 7.6% in the second quarter. Ethic Inc. now owns 606,443 shares of the cell phone carrier’s stock valued at $25,677,000 after buying an additional 42,971 shares in the last quarter. Invera Wealth Advisors LLC raised its position in Verizon Communications by 11.9% in the second quarter. Invera Wealth Advisors LLC now owns 11,820 shares of the cell phone carrier’s stock worth $500,000 after acquiring an additional 1,258 shares in the last quarter. Junk Investment Group LLC raised its position in Verizon Communications by 18.8% in the second quarter. Junk Investment Group LLC now owns 6,453 shares of the cell phone carrier’s stock worth $273,000 after acquiring an additional 1,022 shares in the last quarter. Westfuller Advisors LLC lifted its holdings in Verizon Communications by 104.0% in the second quarter. Westfuller Advisors LLC now owns 6,242 shares of the cell phone carrier’s stock valued at $264,000 after acquiring an additional 3,182 shares during the period. Finally, TCI Wealth Advisors Inc. boosted its position in shares of Verizon Communications by 14.3% during the 2nd quarter. TCI Wealth Advisors Inc. now owns 27,159 shares of the cell phone carrier’s stock worth $1,150,000 after purchasing an additional 3,399 shares in the last quarter. 62.06% of the stock is owned by institutional investors and hedge funds.

Verizon Communications Price Performance

Shares of NYSE VZ opened at $48.50 on Monday. The stock has a market cap of $201.51 billion, a price-to-earnings ratio of 12.63, a PEG ratio of 1.35 and a beta of 0.25. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68. The company’s 50-day moving average price is $45.30 and its 200 day moving average price is $47.05. The company has a current ratio of 0.60, a quick ratio of 0.57 and a debt-to-equity ratio of 1.36.

Verizon Communications (NYSE:VZ – Get Free Report) last announced its earnings results on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.03. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The company had revenue of $34.25 billion during the quarter, compared to analysts’ expectations of $35.16 billion. During the same quarter in the previous year, the business posted $1.22 earnings per share. The firm’s quarterly revenue was down .7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. As a group, research analysts forecast that Verizon Communications Inc. will post 5.03 earnings per share for the current fiscal year.

Verizon Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were given a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a dividend yield of 5.8%. The ex-dividend date was Friday, July 10th. Verizon Communications’s payout ratio is currently 73.70%.

More Verizon Communications News

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

  • Positive Sentiment: Verizon is using its fiber network to support AI-related connectivity, including a reported $1 billion-plus agreement with Google and potential additional hyperscaler contracts. These deals could create new enterprise revenue opportunities beyond traditional wireless services. Can AI Infrastructure Drive Verizon’s Next Long-Term Growth?
  • Positive Sentiment: Analysts continue to highlight Verizon as a value stock, supported by its relatively modest valuation, income potential and defensive telecommunications business. That profile may appeal to investors seeking stability while broader markets remain elevated. Here’s Why Verizon Communications Is a Strong Value Stock
  • Positive Sentiment: Verizon’s preparation for Tropical Storm Lala in Hawaii— including backup generators, satellite assets and pre-positioned equipment— reinforces network reliability and customer support, though the immediate financial impact is likely limited. Verizon Readies for Tropical Storm Lala
  • Neutral Sentiment: A comparison with Nokia emphasizes Verizon’s connectivity strengths as both companies position for AI-driven telecom demand. The article does not identify a material change to Verizon’s near-term earnings outlook. Verizon vs. Nokia: Which Telecom Stock is the Better Buy Now?
  • Negative Sentiment: Investors remain mindful that Verizon has returned substantial cash to shareholders while its stock has lagged the broader market. This raises questions about whether dividends and buybacks are producing sufficient shareholder value compared with reinvestment in growth. VZ Paid Holders $59 Billion While the Stock Trailed the Market

Analyst Upgrades and Downgrades

VZ has been the topic of a number of recent analyst reports. Erste Group Bank reaffirmed a “hold” rating on shares of Verizon Communications in a research note on Tuesday, May 5th. Scotiabank boosted their price objective on shares of Verizon Communications from $51.50 to $52.50 and gave the stock a “sector outperform” rating in a report on Monday, July 27th. Moffett Nathanson lowered their target price on shares of Verizon Communications from $56.00 to $49.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Royal Bank Of Canada increased their target price on shares of Verizon Communications from $46.00 to $47.00 and gave the company a “sector perform” rating in a report on Monday, July 27th. Finally, Freedom Capital upgraded shares of Verizon Communications to a “hold” rating in a research report on Friday, June 12th. Nine analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $50.84.

View Our Latest Analysis on Verizon Communications

About Verizon Communications

(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.

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Institutional Ownership by Quarter for Verizon Communications (NYSE:VZ)

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