Signet Financial Management LLC increased its holdings in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 61.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,843 shares of the cell phone carrier’s stock after buying an additional 12,159 shares during the period. Signet Financial Management LLC’s holdings in Verizon Communications were worth $1,399,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TruNorth Capital Management LLC increased its holdings in Verizon Communications by 95.3% in the third quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after purchasing an additional 305 shares during the period. Global Wealth Strategies & Associates grew its position in shares of Verizon Communications by 739.5% in the 3rd quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock valued at $30,000 after buying an additional 599 shares during the last quarter. Winnow Wealth LLC bought a new stake in shares of Verizon Communications in the 2nd quarter valued at about $34,000. Silicon Valley Capital Partners increased its stake in shares of Verizon Communications by 52.4% in the second quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock valued at $34,000 after buying an additional 269 shares during the period. Finally, Richardson Capital Management LLC bought a new position in shares of Verizon Communications during the third quarter worth about $35,000. 62.06% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
VZ has been the topic of several analyst reports. Royal Bank Of Canada upped their target price on Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a report on Tuesday, February 3rd. KeyCorp restated a “sector weight” rating on shares of Verizon Communications in a research report on Monday, January 26th. Citigroup increased their price objective on shares of Verizon Communications from $48.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. TD Cowen lowered their target price on shares of Verizon Communications from $56.00 to $51.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Finally, Williams Trading set a $54.00 target price on shares of Verizon Communications in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, Verizon Communications has a consensus rating of “Moderate Buy” and a consensus price target of $49.02.
Key Stories Impacting Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Analysts are generally constructive: brokerages’ consensus is an average “Moderate Buy,” supporting demand from institutional investors. Verizon Communications Inc. (NYSE:VZ) Receives Average Rating of “Moderate Buy” from Brokerages
- Positive Sentiment: Dividend narrative remains a tailwind for income investors; Verizon is featured among dividend stalwarts attracting retirees seeking yield and stability. That investor demand can buoy the stock. Retirees Are Winning Big in 2026: 3 Popular Dividend Stocks Are Soaring
- Positive Sentiment: Comparisons after the recent dividend hike highlight Verizon as a yield play vs. peers, reinforcing long-term income investor interest. Verizon vs Johnson & Johnson: Which Dividend Hike Winner Is the Better Buy?
- Positive Sentiment: Operational momentum in the Consumer segment (postpaid phone adds and subscriber trends) is cited as a near-term growth driver, supporting revenue stability. Verizon Rides on Strength in Consumer Segment: Will it Sustain?
- Neutral Sentiment: Valuation debate: coverage asks whether the recent share rebound now correctly prices Verizon’s long?term value — useful for investors considering entry points but not a catalyst by itself. Is Verizon (VZ) Pricing Reflect Long Term Value After Recent Share Price Rebound
- Neutral Sentiment: Management will present at the Barclays Communications & Content Symposium on Feb. 24 — an upcoming event where guidance clarity or strategic color could move the stock. Verizon to speak at Barclays Communications and Content Symposium on February 24
- Negative Sentiment: Leadership change in the Consumer unit — the CEO exit and an interim appointment — raises execution risk during a transformation, which can pressure investor confidence. Did Verizon’s Consumer CEO Exit and Interim Shift Just Reframe Its Transformation Story (VZ)?
- Negative Sentiment: Concerns about Verizon’s $55 billion capital-return plan: analysts flag trade-offs between buybacks and dividend flexibility, adding uncertainty around how buybacks will be executed. That risk can cap upside. Uncertainty Clouds Verizon’s $55 Billion Capital Return Plan as Buybacks and Dividends Face Flexibility and Risk Trade-Offs
- Negative Sentiment: Relative performance risk: recent reports note Verizon underperformed peers on a given trading day, a reminder that sector rotations can weigh on the stock. Verizon Communications Inc. stock underperforms Wednesday when compared to competitors
Verizon Communications Stock Up 1.2%
Verizon Communications stock opened at $48.62 on Friday. The company has a market capitalization of $205.07 billion, a PE ratio of 12.01, a PEG ratio of 2.01 and a beta of 0.33. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $50.24. The firm’s fifty day moving average is $42.26 and its 200 day moving average is $42.10. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32.
Verizon Communications (NYSE:VZ – Get Free Report) last posted its quarterly earnings results on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.03. Verizon Communications had a net margin of 12.43% and a return on equity of 19.03%. The firm had revenue of $36.38 billion during the quarter, compared to the consensus estimate of $36.20 billion. During the same period in the previous year, the firm posted $1.10 earnings per share. The business’s revenue was up 2.0% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, sell-side analysts predict that Verizon Communications Inc. will post 4.69 EPS for the current fiscal year.
Verizon Communications Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a dividend of $0.7075 per share. This is an increase from Verizon Communications’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend is Friday, April 10th. This represents a $2.83 dividend on an annualized basis and a yield of 5.8%. Verizon Communications’s dividend payout ratio (DPR) is currently 68.15%.
Insider Transactions at Verizon Communications
In other Verizon Communications news, EVP Joseph J. Russo sold 9,579 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $44.88, for a total value of $429,905.52. Following the completion of the sale, the executive vice president owned 44,045 shares of the company’s stock, valued at approximately $1,976,739.60. This trade represents a 17.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.
Verizon Communications Company 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.
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