Sharpepoint LLC Buys 40,042 Shares of Verizon Communications Inc. $VZ

Sharpepoint LLC boosted its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 757.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,331 shares of the cell phone carrier’s stock after acquiring an additional 40,042 shares during the period. Sharpepoint LLC’s holdings in Verizon Communications were worth $1,919,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the business. Hourglass Capital LLC boosted its position in Verizon Communications by 18.8% during the 2nd quarter. Hourglass Capital LLC now owns 140,778 shares of the cell phone carrier’s stock valued at $5,961,000 after acquiring an additional 22,320 shares in the last quarter. Saiph Capital LLC bought a new stake in Verizon Communications during the second quarter valued at about $640,000. Ethic Inc. grew its stake in Verizon Communications by 7.6% in the second quarter. Ethic Inc. now owns 606,443 shares of the cell phone carrier’s stock valued at $25,677,000 after purchasing an additional 42,971 shares during the last quarter. Invera Wealth Advisors LLC raised its holdings in Verizon Communications by 11.9% in the second quarter. Invera Wealth Advisors LLC now owns 11,820 shares of the cell phone carrier’s stock worth $500,000 after purchasing an additional 1,258 shares in the last quarter. Finally, Junk Investment Group LLC raised its stake in shares of Verizon Communications by 18.8% during the 2nd quarter. Junk Investment Group LLC now owns 6,453 shares of the cell phone carrier’s stock worth $273,000 after acquiring an additional 1,022 shares in the last quarter. Institutional investors own 62.06% of the company’s stock.

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

Analysts Set New Price Targets

VZ has been the subject of a number of research analyst reports. Morgan Stanley increased their price target on Verizon Communications from $50.00 to $52.00 and gave the company an “equal weight” rating in a research note on Monday, July 27th. Barclays boosted their price target on Verizon Communications from $45.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday, July 27th. Scotiabank increased their price objective on shares of Verizon Communications from $51.50 to $52.50 and gave the company a “sector outperform” rating in a research report on Monday, July 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Verizon Communications in a research note on Friday, May 29th. Finally, Erste Group Bank reissued a “hold” rating on shares of Verizon Communications in a research report on Tuesday, May 5th. Nine investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $50.84.

Verizon Communications Trading Up 0.0%

Shares of NYSE:VZ opened at $48.50 on Monday. The company has a quick ratio of 0.57, a current ratio of 0.60 and a debt-to-equity ratio of 1.36. Verizon Communications Inc. has a 52-week low of $38.39 and a 52-week high of $51.68. The stock has a market cap of $201.51 billion, a price-to-earnings ratio of 12.63, a PEG ratio of 1.35 and a beta of 0.25. The business has a 50-day moving average price of $45.30 and a 200-day moving average price of $47.05.

Verizon Communications (NYSE:VZ) last issued its earnings results on Friday, July 24th. The cell phone carrier reported $1.30 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.03. Verizon Communications had a return on equity of 19.48% and a net margin of 11.64%.The firm had revenue of $34.25 billion for the quarter, compared to analyst estimates of $35.16 billion. During the same quarter in the prior year, the firm earned $1.22 earnings per share. Verizon Communications’s revenue for the quarter was down .7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Equities analysts predict that Verizon Communications Inc. will post 5.03 EPS for the current year.

Verizon Communications Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were issued a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend was Friday, July 10th. Verizon Communications’s dividend payout ratio (DPR) is 73.70%.

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.