DJE Kapital AG raised its stake in Verizon Communications Inc. (NYSE:VZ – Free Report) by 99.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,328,343 shares of the cell phone carrier’s stock after buying an additional 1,659,523 shares during the period. Verizon Communications comprises about 3.7% of DJE Kapital AG’s investment portfolio, making the stock its 6th biggest position. DJE Kapital AG’s holdings in Verizon Communications were worth $166,912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently made changes to their positions in VZ. Wilkerson Advisory Group LLC lifted its stake in Verizon Communications by 89.3% during the first quarter. Wilkerson Advisory Group LLC now owns 2,599 shares of the cell phone carrier’s stock worth $130,000 after purchasing an additional 1,226 shares during the last quarter. Atlantic Family Wealth LLC boosted its holdings in shares of Verizon Communications by 21.2% in the 1st quarter. Atlantic Family Wealth LLC now owns 7,411 shares of the cell phone carrier’s stock worth $372,000 after purchasing an additional 1,294 shares in the last quarter. Convergence Investment Partners LLC increased its position in shares of Verizon Communications by 5.9% during the 1st quarter. Convergence Investment Partners LLC now owns 37,401 shares of the cell phone carrier’s stock valued at $1,878,000 after purchasing an additional 2,082 shares during the last quarter. Commerzbank Aktiengesellschaft FI increased its position in shares of Verizon Communications by 14.6% during the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 1,389,489 shares of the cell phone carrier’s stock valued at $69,752,000 after purchasing an additional 176,816 shares during the last quarter. Finally, Florida Financial Advisors LLC raised its holdings in shares of Verizon Communications by 34.4% during the 1st quarter. Florida Financial Advisors LLC now owns 7,976 shares of the cell phone carrier’s stock valued at $400,000 after buying an additional 2,041 shares in the last quarter. Hedge funds and other institutional investors own 62.06% of the company’s stock.
Verizon Communications Price Performance
VZ opened at $43.51 on Tuesday. The stock’s 50 day simple moving average is $45.59 and its 200 day simple moving average is $46.13. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68. The firm has a market cap of $181.68 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 1.07 and a beta of 0.26.
Verizon Communications Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders 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 dividend on an annualized basis and a dividend yield of 6.5%. Verizon Communications’s payout ratio is presently 69.02%.
Key Stories Impacting Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Several articles continue to frame Verizon as a long-term value name, highlighting its relatively low valuation and income appeal for investors looking for defensive cash flow. Article Title
- Positive Sentiment: Brokerage commentary also points to bullish expectations for Verizon’s FY2026 earnings, reinforcing the idea that the company may be able to maintain stable profitability. Article Title
- Neutral Sentiment: Verizon is being mentioned in broader “stocks to watch” coverage ahead of a busy earnings week, but this is more of a market context story than a company-specific catalyst. Article Title
- Neutral Sentiment: Coverage of Verizon preparing its network for record-setting traffic during the first-ever World Cup halftime show underscores operational readiness, but it is unlikely to materially move the stock on its own. Article Title
- Negative Sentiment: Royal Bank of Canada cut its price target on Verizon from $48 to $46 while keeping a “sector perform” rating, a sign that analysts see limited upside near term and that may be weighing on shares. Article Title
- Negative Sentiment: Investor concern also remains centered on whether Verizon can fully protect its dividend, suggesting the market is still sensitive to debt and payout sustainability risks. Article Title
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on VZ shares. Freedom Capital upgraded Verizon Communications to a “hold” rating in a research report on Friday, June 12th. 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. Wells Fargo & Company initiated coverage on shares of Verizon Communications in a research note on Wednesday, July 8th. They set an “equal weight” rating and a $43.00 price target on the stock. BNP Paribas Exane cut their price objective on shares of Verizon Communications from $46.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada reduced their target price on shares of Verizon Communications from $48.00 to $46.00 and set a “sector perform” rating on the stock in a report on Monday. Nine analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $49.97.
Check Out Our Latest Report on Verizon Communications
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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