Titan Investment Management LLC Takes $2.13 Million Position in Verizon Communications Inc. $VZ

Titan Investment Management LLC acquired a new stake in shares of Verizon Communications Inc. (NYSE:VZ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 52,263 shares of the cell phone carrier’s stock, valued at approximately $2,129,000. Verizon Communications comprises approximately 1.9% of Titan Investment Management LLC’s holdings, making the stock its 17th biggest holding.

Several other hedge funds have also recently made changes to their positions in VZ. Avanza Fonder AB raised its position in Verizon Communications by 5.6% during the 4th quarter. Avanza Fonder AB now owns 331,962 shares of the cell phone carrier’s stock worth $13,521,000 after buying an additional 17,495 shares during the last quarter. Econ Financial Services Corp boosted its holdings in shares of Verizon Communications by 23.5% in the fourth quarter. Econ Financial Services Corp now owns 78,172 shares of the cell phone carrier’s stock valued at $3,184,000 after acquiring an additional 14,862 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in shares of Verizon Communications by 41.0% in the fourth quarter. Teacher Retirement System of Texas now owns 2,197,366 shares of the cell phone carrier’s stock valued at $89,499,000 after acquiring an additional 639,380 shares in the last quarter. Clarity Financial LLC increased its stake in shares of Verizon Communications by 697.0% during the fourth quarter. Clarity Financial LLC now owns 471,127 shares of the cell phone carrier’s stock worth $19,189,000 after acquiring an additional 412,018 shares during the period. Finally, Cibc World Market Inc. increased its stake in shares of Verizon Communications by 15.3% during the fourth quarter. Cibc World Market Inc. now owns 2,382,975 shares of the cell phone carrier’s stock worth $97,059,000 after acquiring an additional 316,854 shares during the period. 62.06% of the stock is owned by institutional investors and hedge funds.

Verizon Communications Trading Down 0.9%

NYSE VZ opened at $45.44 on Friday. Verizon Communications Inc. has a one year low of $38.39 and a one year high of $51.68. The company’s 50 day moving average price is $46.97 and its 200 day moving average price is $45.66. 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 firm has a market capitalization of $189.72 billion, a price-to-earnings ratio of 11.08, a PEG ratio of 1.12 and a beta of 0.24.

Verizon Communications (NYSE:VZ) last released its 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 during the quarter, compared to the consensus estimate of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, sell-side analysts predict that Verizon Communications Inc. will post 4.97 EPS for the current year.

Verizon Communications Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.83 annualized dividend and a yield of 6.2%. Verizon Communications’s payout ratio is presently 69.02%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on VZ. JPMorgan Chase & Co. increased 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. Scotiabank upgraded 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 report on Monday, March 9th. Dbs Bank lowered Verizon Communications from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Barclays increased their target price on Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a report on Tuesday, March 31st. Finally, Freedom Capital raised Verizon Communications to a “hold” rating in a research report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $50.59.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Verizon unveiled a customer offer that removes two major fees, part of a broader loyalty push that also eliminates activation/upgrade charges. That could help improve retention and ease pressure from elevated wireless churn, potentially supporting revenue stability. Verizon adds new offer that removes 2 major fees for customers
• Neutral Sentiment: Verizon completed the expiration and final results of several debt exchange/tender and consent solicitations, a balance-sheet management move that is likely routine rather than a major near-term earnings driver. Verizon announces expiration and final results of its private exchange offers and consent solicitations for 11 series of notes
• Neutral Sentiment: Verizon also announced final results for tender offers and consent solicitations across multiple note series, which may modestly support financial flexibility but does not change the core operating outlook by itself. Verizon announces expiration and final results of its tender offers and consent solicitations for 20 series of Verizon and certain of its subsidiaries’ notes
• Neutral Sentiment: Several articles noted that Verizon remains on investor watch lists because of its dividend yield and valuation, but these pieces were mostly commentary rather than new company-specific catalysts. Why Is Verizon Communications (NYSE:VZ) Drawing Telecom Investor Attention?
• Negative Sentiment: Recent trading showed VZ underperforming the broader market, with investors still concerned about competitive pressure and churn in the wireless business. Verizon Communications (VZ) Falls More Steeply Than Broader Market: What Investors Need to Know

Verizon Communications Profile

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.