Boston Family Office LLC Decreases Stake in Verizon Communications Inc. $VZ

Boston Family Office LLC cut its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 24.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 41,260 shares of the cell phone carrier’s stock after selling 13,400 shares during the quarter. Boston Family Office LLC’s holdings in Verizon Communications were worth $1,681,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VZ. Brighton Jones LLC increased its holdings in Verizon Communications by 61.2% in the 4th quarter. Brighton Jones LLC now owns 43,986 shares of the cell phone carrier’s stock worth $1,759,000 after acquiring an additional 16,704 shares in the last quarter. United Bank raised its position in shares of Verizon Communications by 11.5% in the second quarter. United Bank now owns 7,843 shares of the cell phone carrier’s stock valued at $339,000 after buying an additional 806 shares during the last quarter. Jump Financial LLC lifted its stake in Verizon Communications by 312.0% in the 2nd quarter. Jump Financial LLC now owns 23,639 shares of the cell phone carrier’s stock worth $1,023,000 after purchasing an additional 17,901 shares in the last quarter. HUB Investment Partners LLC grew its holdings in shares of Verizon Communications by 17.2% in the second quarter. HUB Investment Partners LLC now owns 41,121 shares of the cell phone carrier’s stock valued at $1,779,000 after purchasing an additional 6,034 shares during the period. Finally, Vivaldi Capital Management LP grew its holdings in shares of Verizon Communications by 5.2% in the second quarter. Vivaldi Capital Management LP now owns 8,993 shares of the cell phone carrier’s stock valued at $389,000 after purchasing an additional 443 shares during the period. 62.06% of the stock is owned by hedge funds and other institutional investors.

Verizon Communications Stock Up 2.5%

VZ stock opened at $48.10 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The stock has a market cap of $200.85 billion, a P/E ratio of 11.73, a PEG ratio of 1.15 and a beta of 0.24. The company’s 50 day moving average is $47.20 and its two-hundred day moving average is $45.47. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68.

Verizon Communications (NYSE:VZ) last announced its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.07. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The business had revenue of $34.44 billion for the quarter, compared to analyst estimates of $34.82 billion. During the same period last year, the firm posted $1.19 earnings per share. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Research analysts expect that Verizon Communications Inc. will post 4.97 earnings per share for the current fiscal year.

Verizon Communications Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be given a $0.7075 dividend. This represents a $2.83 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date is Friday, July 10th. Verizon Communications’s dividend payout ratio (DPR) is 69.02%.

More Verizon Communications News

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

• Positive Sentiment: Analysts and market commentary remain constructive on Verizon’s valuation, with several notes calling it inexpensive relative to its cash flow, earnings power, and dividend profile. Verizon: Steady, Cheap, And Still Standing
• Positive Sentiment: Verizon highlighted new AI-powered disaster-response tools, including “Digital Twin” network modeling, satellite connectivity, and mobile 5G assets, which could support network resilience and reinforce its infrastructure advantage. Verizon’s AI Disaster Tools Highlight Network Resilience And Valuation Gap
• Positive Sentiment: Investor sentiment has also been helped by upbeat pieces describing Verizon as a defensive stock with income potential, including mentions of its raised guidance, postpaid subscriber momentum, and fiber expansion after the Frontier deal. Verizon: A Unique Opportunity In An Expensive Market
• Neutral Sentiment: An insider sold about 80% of her shares in a roughly $3 million transaction, which can draw attention but does not necessarily signal a change in Verizon’s business outlook. 1 Verizon Insider Sells 80% of Her Stock in $3 Million Deal. For Everyone Else, VZ Is a Good Buy Now.
• Neutral Sentiment: Erste Group slightly trimmed its FY2027 earnings estimate for Verizon, but the change was minimal and the firm kept a Hold rating. Verizon Communications Inc. research note
• Neutral Sentiment: Some recent market updates noted Verizon outperforming a weaker broader market session, reinforcing the stock’s defensive character rather than pointing to a major company-specific catalyst. Verizon Communications (VZ) Rises As Market Takes a Dip: Key Facts

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on VZ shares. JPMorgan Chase & Co. upped their price objective on shares of Verizon Communications from $49.00 to $52.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Citigroup increased their target price on shares of Verizon Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, March 20th. Raymond James Financial reaffirmed an “outperform” rating and set a $56.00 target price on shares of Verizon Communications in a research note on Thursday, March 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Verizon Communications in a research note on Friday, May 29th. Finally, Erste Group Bank reaffirmed a “hold” rating on shares of Verizon Communications in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Verizon Communications currently has an average rating of “Moderate Buy” and an average price target of $50.59.

About Verizon Communications

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.