Oregon Public Employees Retirement Fund boosted its position in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 6.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 513,353 shares of the cell phone carrier’s stock after purchasing an additional 30,448 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Verizon Communications were worth $21,735,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Strengthening Families & Communities LLC boosted its holdings in shares of Verizon Communications by 490.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after acquiring an additional 539 shares in the last quarter. Robinswood Financial LLC acquired a new stake in Verizon Communications during the 1st quarter valued at $27,000. Lam Group Inc. acquired a new stake in Verizon Communications during the 1st quarter valued at $28,000. EQ Wealth Advisors LLC bought a new position in Verizon Communications in the 4th quarter valued at $29,000. Finally, Sarver Vrooman Wealth Advisors raised its position in Verizon Communications by 173.0% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier’s stock valued at $29,000 after purchasing an additional 448 shares during the last quarter. 62.06% of the stock is owned by institutional investors.
Verizon Communications News Summary
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon is using its fiber network to support AI-related connectivity, including a reported $1 billion-plus agreement with Google and potential additional hyperscaler contracts. These deals could create new enterprise revenue opportunities beyond traditional wireless services. Can AI Infrastructure Drive Verizon’s Next Long-Term Growth?
- Positive Sentiment: Analysts continue to highlight Verizon as a value stock, supported by its relatively modest valuation, income potential and defensive telecommunications business. That profile may appeal to investors seeking stability while broader markets remain elevated. Here’s Why Verizon Communications Is a Strong Value Stock
- Positive Sentiment: Verizon’s preparation for Tropical Storm Lala in Hawaii— including backup generators, satellite assets and pre-positioned equipment— reinforces network reliability and customer support, though the immediate financial impact is likely limited. Verizon Readies for Tropical Storm Lala
- Neutral Sentiment: A comparison with Nokia emphasizes Verizon’s connectivity strengths as both companies position for AI-driven telecom demand. The article does not identify a material change to Verizon’s near-term earnings outlook. Verizon vs. Nokia: Which Telecom Stock is the Better Buy Now?
- Negative Sentiment: Investors remain mindful that Verizon has returned substantial cash to shareholders while its stock has lagged the broader market. This raises questions about whether dividends and buybacks are producing sufficient shareholder value compared with reinvestment in growth. VZ Paid Holders $59 Billion While the Stock Trailed the Market
Verizon Communications Trading Up 0.6%
Verizon Communications (NYSE:VZ – Get Free Report) last released its earnings results on Friday, July 24th. The cell phone carrier reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.03. The firm had revenue of $34.25 billion during the quarter, compared to analyst estimates of $35.16 billion. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The business’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.22 EPS. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. On average, analysts predict that Verizon Communications Inc. will post 5.03 EPS for the current year.
Verizon Communications Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were given a $0.7075 dividend. This represents a $2.83 annualized dividend and a dividend yield of 5.8%. The ex-dividend date was Friday, July 10th. Verizon Communications’s dividend payout ratio (DPR) is currently 73.70%.
Wall Street Analyst Weigh In
Several analysts have recently commented on the company. Moffett Nathanson decreased their target price on Verizon Communications from $56.00 to $49.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. Scotiabank upped their price target on shares of Verizon Communications from $51.50 to $52.50 and gave the stock a “sector outperform” rating in a research report on Monday, July 27th. Wells Fargo & Company increased their price objective on shares of Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a report on Monday, July 27th. BNP Paribas Exane lowered 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 report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. boosted their target price 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. Nine equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, Verizon Communications presently has an average rating of “Hold” and an average price target of $50.84.
Check Out Our Latest Analysis on Verizon Communications
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.
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