Hayek Kallen Investment Management Acquires 10,007 Shares of Verizon Communications Inc. $VZ

Hayek Kallen Investment Management increased its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 8.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,992 shares of the cell phone carrier’s stock after purchasing an additional 10,007 shares during the quarter. Verizon Communications makes up 1.7% of Hayek Kallen Investment Management’s portfolio, making the stock its 15th biggest holding. Hayek Kallen Investment Management’s holdings in Verizon Communications were worth $5,537,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. TruNorth Capital Management LLC grew its holdings in Verizon Communications by 95.3% during the 3rd quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after buying an additional 305 shares in the last quarter. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Verizon Communications in the third quarter worth $29,000. Global Wealth Strategies & Associates lifted its holdings in shares of Verizon Communications by 739.5% in the third quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock worth $30,000 after buying an additional 599 shares in the last quarter. Winnow Wealth LLC bought a new position in shares of Verizon Communications during the second quarter worth $34,000. Finally, Silicon Valley Capital Partners grew its stake in Verizon Communications by 52.4% during the second quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock valued at $34,000 after acquiring an additional 269 shares in the last quarter. 62.06% of the stock is owned by hedge funds and other institutional investors.

Verizon Communications Trading Up 1.4%

Shares of NYSE VZ opened at $51.36 on Monday. Verizon Communications Inc. has a 1-year low of $38.39 and a 1-year high of $51.67. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.87. The business’s 50 day moving average is $45.41 and its two-hundred day moving average is $42.81. The stock has a market capitalization of $216.60 billion, a P/E ratio of 12.68, a PEG ratio of 2.15 and a beta of 0.30.

Verizon Communications (NYSE:VZ) last posted its quarterly earnings data on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.03. The business had revenue of $36.38 billion during the quarter, compared to analyst estimates of $36.20 billion. Verizon Communications had a return on equity of 19.03% and a net margin of 12.43%.The company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period last year, the company earned $1.10 EPS. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, research analysts expect that Verizon Communications Inc. will post 4.69 EPS for the current year.

Verizon Communications Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be paid a dividend of $0.7075 per share. The ex-dividend date of this dividend is Friday, April 10th. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.69. This represents a $2.83 annualized dividend and a yield of 5.5%. Verizon Communications’s payout ratio is presently 68.15%.

Analysts Set New Price Targets

A number of brokerages have issued reports on VZ. Morgan Stanley lifted their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the company an “equal weight” rating in a report on Monday, February 2nd. Williams Trading set a $54.00 price objective on Verizon Communications in a research report on Monday, February 2nd. Evercore lifted their target price on Verizon Communications from $48.00 to $50.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. Royal Bank Of Canada increased their price target on Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 3rd. Finally, Raymond James Financial restated an “outperform” rating and set a $56.00 price target on shares of Verizon Communications in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $50.03.

Insiders Place Their Bets

In other Verizon Communications news, EVP Joseph J. Russo sold 9,579 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $44.88, for a total transaction of $429,905.52. Following the transaction, the executive vice president owned 44,045 shares in the company, valued at $1,976,739.60. The trade was a 17.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $50.00, for a total transaction of $428,450.00. Following the completion of the sale, the senior vice president directly owned 43,782 shares in the company, valued at approximately $2,189,100. This represents a 16.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 218,148 shares of company stock valued at $10,780,356 over the last three months. 0.10% of the stock is owned by company insiders.

More Verizon Communications News

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

• Positive Sentiment: Q4/earnings + guidance — Verizon beat Q4 EPS estimates and set FY2026 EPS guidance of $4.90–$4.95, reinforcing cash flow and dividend coverage that investors prize. This underpins the stock’s recent upward move and supports dividend-focused buying. MarketBeat VZ overview
• Positive Sentiment: Analyst upgrade/price target lift — Oppenheimer set a new $56 price target on VZ, suggesting upside from current levels and giving investors confidence in consensus estimates and valuation support. Oppenheimer price target
• Positive Sentiment: Partnership/enterprise traction — Coverage of Kodiak AI’s milestones highlights expanded partnerships with Verizon, signaling enterprise & network monetization opportunities beyond core wireless services. That diversification can boost long-term revenue potential. Kodiak AI partnership mention
• Neutral Sentiment: Subscriber momentum — Analysts note solid postpaid phone adds and fixed wireless subscriber growth, which improve churn and lifetime value but have yet to fully translate into stronger service revenue growth. This is constructive for ARPU stability and churn metrics. Zacks subscriber growth article
• Negative Sentiment: Revenue ceiling risk — Despite subscriber gains, analysts and company commentary expect wireless service revenues to remain roughly flat near-term, which could cap share-price upside until service revenue or margin expansion resumes. Zacks revenue outlook
• Neutral Sentiment: Dividend/resilience narrative — Coverage highlighting Verizon as a high-yield, U.S.-focused defensive stock has driven demand from income-focused investors amid geopolitical volatility; this supports a higher valuation multiple relative to risk-off peers. MarketBeat dividend safe-haven piece

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.