O Shaughnessy Asset Management LLC reduced its holdings in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 10.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,631,883 shares of the cell phone carrier’s stock after selling 196,049 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Verizon Communications were worth $66,467,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in VZ. CenterBook Partners LP grew its stake in Verizon Communications by 250.8% during the 4th quarter. CenterBook Partners LP now owns 57,360 shares of the cell phone carrier’s stock worth $2,336,000 after purchasing an additional 41,008 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in shares of Verizon Communications during the fourth quarter worth about $975,000. Bcwm LLC grew its position in shares of Verizon Communications by 0.4% during the fourth quarter. Bcwm LLC now owns 115,240 shares of the cell phone carrier’s stock worth $4,694,000 after buying an additional 455 shares in the last quarter. ING Groep NV grew its position in shares of Verizon Communications by 9,331.7% during the fourth quarter. ING Groep NV now owns 701,152 shares of the cell phone carrier’s stock worth $28,558,000 after buying an additional 693,718 shares in the last quarter. Finally, Modus Advisors LLC acquired a new position in shares of Verizon Communications during the fourth quarter worth about $47,000. 62.06% of the stock is owned by hedge funds and other institutional investors.
Verizon Communications Trading Up 0.0%
Shares of Verizon Communications stock opened at $45.39 on Monday. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64. The company has a market capitalization of $189.53 billion, a P/E ratio of 11.07, a PEG ratio of 1.11 and a beta of 0.24. The company’s fifty day moving average is $47.55 and its two-hundred day moving average is $45.30.
Verizon Communications Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a $0.7075 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.83 annualized dividend and a dividend yield of 6.2%. Verizon Communications’s payout ratio is presently 69.02%.
Trending Headlines about Verizon Communications
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
A number of brokerages have commented on VZ. Morgan Stanley increased their price objective on shares of Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Verizon Communications in a research report on Friday, May 29th. Wells Fargo & Company increased their price objective on shares of Verizon Communications from $44.00 to $46.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Barclays boosted their price target on shares of Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 31st. Finally, JPMorgan Chase & Co. boosted their price target on shares of Verizon Communications from $49.00 to $52.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $50.59.
Get Our Latest Research Report on Verizon Communications
About Verizon Communications
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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