Capital Research Global Investors Cuts Stake in Verizon Communications Inc. $VZ

Posted by Francis Steltz on Jun 8th, 2026

Verizon Communications logo Capital Research Global Investors reduced its stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 30.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,911,354 shares of the cell phone carrier’s stock after selling 5,265,587 shares during the quarter. Capital Research Global Investors’ holdings in Verizon Communications were worth $485,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in VZ. Brighton Jones LLC grew its holdings in Verizon Communications by 61.2% during the 4th quarter. Brighton Jones LLC now owns 43,986 shares of the cell phone carrier’s stock valued at $1,759,000 after buying an additional 16,704 shares in the last quarter. United Bank grew its holdings in Verizon Communications by 11.5% during the 2nd quarter. United Bank now owns 7,843 shares of the cell phone carrier’s stock valued at $339,000 after buying an additional 806 shares in the last quarter. Jump Financial LLC grew its holdings in Verizon Communications by 312.0% during the 2nd quarter. Jump Financial LLC now owns 23,639 shares of the cell phone carrier’s stock valued at $1,023,000 after buying an additional 17,901 shares in the last quarter. HUB Investment Partners LLC grew its holdings in Verizon Communications by 17.2% during the 2nd quarter. HUB Investment Partners LLC now owns 41,121 shares of the cell phone carrier’s stock valued at $1,779,000 after buying an additional 6,034 shares in the last quarter. Finally, Vivaldi Capital Management LP grew its holdings in Verizon Communications by 5.2% during the 2nd quarter. Vivaldi Capital Management LP now owns 8,993 shares of the cell phone carrier’s stock valued at $389,000 after buying an additional 443 shares in the last quarter. 62.06% of the stock is owned by hedge funds and other institutional investors.

Verizon Communications Trading Up 0.0%

Shares of VZ opened at $45.39 on Monday. The company’s fifty day moving average is $47.55 and its 200 day moving average is $45.30. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68. The stock has a market capitalization of $189.53 billion, a PE ratio of 11.07, a P/E/G ratio of 1.11 and a beta of 0.24. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64.

Verizon Communications (NYSE:VZ – Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.07. The company had revenue of $34.44 billion for the quarter, compared to analysts’ expectations of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. Verizon Communications’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.19 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Sell-side analysts expect that Verizon Communications Inc. will post 4.97 earnings per share for the current fiscal year.

Verizon Communications Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be paid a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Friday, July 10th. Verizon Communications’s payout ratio is presently 69.02%.

Verizon Communications News Summary

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

Positive Sentiment: Verizon declared a quarterly dividend of $0.7075 per share, reinforcing its reputation as a high-yield income stock and signaling stable cash returns to shareholders. Verizon declares quarterly dividend on June 4, 2026
Positive Sentiment: Recent commentary noted Verizon has outperformed over the past several months on the back of subscriber gains, broadband growth, and AI-related initiatives, which may support the stock’s longer-term narrative. VZ Shares Rise 8.6% in Six Months: What’s the Next Move for Investors?
Neutral Sentiment: Several market pieces focused on Verizon’s valuation and dividend appeal, with some arguing the stock is still compelling for income investors while others question whether the upside is limited. Forget Wall Street’s Ultimate Telecom Value Trap and Buy the Real Free Cash Flow King
Neutral Sentiment: Verizon’s debt tender and exchange offers, along with broader capital-priority discussion, suggest management is actively managing leverage and liquidity, but the move is not an immediate fundamental catalyst. Do Verizon (VZ) Debt Tenders and Dividend Steadiness Hint at a Shifting Capital Priorities Playbook?
Negative Sentiment: The Supreme Court’s decision in the FCC dispute increases Verizon’s regulatory risk and could lead to continued fines or enforcement actions, weighing on investor sentiment. US Supreme Court backs FCC in clash with wireless carriers over fines
Negative Sentiment: Competitive pressure from Starlink and concerns about Verizon’s store/customer backlash have widened skepticism about the company’s growth outlook and valuation. Verizon Confronts Store Backlash And Starlink Threat As Valuation Gap Widens

Analysts Set New Price Targets

VZ has been the topic of several research reports. Dbs Bank cut shares of Verizon Communications from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Citigroup boosted their price target on shares of Verizon Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, March 20th. JPMorgan Chase & Co. boosted their price target on shares of Verizon Communications from $49.00 to $52.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Raymond James Financial restated an “outperform” rating and issued a $56.00 price target on shares of Verizon Communications in a research report on Thursday, March 12th. Finally, Oppenheimer boosted their price target on shares of Verizon Communications from $50.00 to $56.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $50.59.

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.