Townsquare Capital LLC Has $5.42 Million Position in Verizon Communications Inc. $VZ

Posted by Francis Steltz on Jun 11th, 2026

Verizon Communications logo Townsquare Capital LLC lessened its stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 7.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 133,127 shares of the cell phone carrier’s stock after selling 10,990 shares during the quarter. Verizon Communications comprises about 1.2% of Townsquare Capital LLC’s portfolio, making the stock its 21st largest holding. Townsquare Capital LLC’s holdings in Verizon Communications were worth $5,422,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Strengthening Families & Communities LLC lifted its stake in shares of 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 during the last quarter. Holos Integrated Wealth LLC acquired a new stake in shares of Verizon Communications during the 4th quarter worth about $28,000. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Verizon Communications during the 3rd quarter worth about $29,000. EQ Wealth Advisors LLC acquired a new stake in shares of Verizon Communications during the 4th quarter worth about $29,000. Finally, Sarver Vrooman Wealth Advisors lifted its stake in shares of Verizon Communications by 173.0% during the 4th quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier’s stock worth $29,000 after buying an additional 448 shares during the last quarter. Institutional investors and hedge funds own 62.06% of the company’s stock.

Analysts Set New Price Targets

VZ has been the subject of a number of research reports. Dbs Bank cut shares of Verizon Communications from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. JPMorgan Chase & Co. lifted their price objective on shares of Verizon Communications from $49.00 to $52.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Morgan Stanley lifted their price objective on shares of Verizon Communications from $49.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. Weiss Ratings reiterated a “buy (b)” rating on shares of Verizon Communications in a research note on Friday, May 29th. Finally, Scotiabank upgraded shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and lifted their price objective for the stock from $50.25 to $54.50 in a research note on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.59.

View Our Latest Research Report on VZ

Verizon Communications Trading Up 2.6%

Shares of Verizon Communications stock opened at $46.95 on Thursday. The firm has a market capitalization of $196.06 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 1.12 and a beta of 0.24. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The firm’s 50 day moving average is $47.29 and its 200 day moving average is $45.41. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68.

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 (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.07. The company had revenue of $34.44 billion for the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The firm’s revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Equities research analysts forecast that Verizon Communications Inc. will post 4.97 earnings per share for the current fiscal year.

Verizon Communications Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be issued a dividend of $0.7075 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.83 annualized dividend and a dividend yield of 6.0%. Verizon Communications’s payout ratio is 69.02%.

Trending Headlines about Verizon Communications

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

Positive Sentiment: Verizon’s shares have been rising alongside a broader market pullback, suggesting investors are favoring the stock’s defensive characteristics and income appeal. Verizon Communications (VZ) Rises As Market Takes a Dip: Key Facts
Positive Sentiment: Analyst coverage is emphasizing Verizon’s fiber expansion and its potential to benefit from rising AI, cloud, and data-center connectivity demand, which supports the long-term growth case for VZ. Can Verizon’s Fiber Expansion Strategy Benefit From Rising AI Demand?
Positive Sentiment: Verizon continues to be framed as a compelling dividend stock for income-focused investors, which can attract buyers seeking stable cash flow and relatively low volatility. 3 Dividend Stocks Built for Retirement to Buy in June
Neutral Sentiment: Several comparison articles pitted Verizon against AT&T, T-Mobile, and AST SpaceMobile, keeping the stock in focus but not adding a clear new catalyst by themselves. VZ vs. ASTS: Which Connectivity Stock is the Better Buy?
Neutral Sentiment: Verizon has also seen increased investor attention online, which can reflect growing interest but does not necessarily signal a fundamental change. Investors Heavily Search Verizon Communications Inc. (VZ): Here is What You Need to Know

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.