TIAA Trust National Association Reduces Position in Verizon Communications Inc. $VZ

TIAA Trust National Association decreased its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 12.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,031 shares of the cell phone carrier’s stock after selling 16,475 shares during the quarter. TIAA Trust National Association’s holdings in Verizon Communications were worth $4,685,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of VZ. Brighton Jones LLC grew its holdings in shares of Verizon Communications by 61.2% during the fourth quarter. Brighton Jones LLC now owns 43,986 shares of the cell phone carrier’s stock worth $1,759,000 after buying an additional 16,704 shares in the last quarter. United Bank grew its holdings in shares of Verizon Communications by 11.5% during the second quarter. United Bank now owns 7,843 shares of the cell phone carrier’s stock worth $339,000 after buying an additional 806 shares in the last quarter. Jump Financial LLC grew its holdings in shares of Verizon Communications by 312.0% during the second quarter. Jump Financial LLC now owns 23,639 shares of the cell phone carrier’s stock worth $1,023,000 after buying an additional 17,901 shares in the last quarter. HUB Investment Partners LLC grew its holdings in shares of Verizon Communications by 17.2% during the second quarter. HUB Investment Partners LLC now owns 41,121 shares of the cell phone carrier’s stock worth $1,779,000 after buying an additional 6,034 shares in the last quarter. Finally, Vivaldi Capital Management LP grew its holdings in shares of Verizon Communications by 5.2% during the second quarter. Vivaldi Capital Management LP now owns 8,993 shares of the cell phone carrier’s stock worth $389,000 after buying an additional 443 shares in the last quarter. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Verizon’s shares have been rising alongside a broader market pullback, suggesting investors are favoring the stock’s defensive characteristics and income appeal. Verizon Communications (VZ) Rises As Market Takes a Dip: Key Facts
• Positive Sentiment: Analyst coverage is emphasizing Verizon’s fiber expansion and its potential to benefit from rising AI, cloud, and data-center connectivity demand, which supports the long-term growth case for VZ. Can Verizon’s Fiber Expansion Strategy Benefit From Rising AI Demand?
• Positive Sentiment: Verizon continues to be framed as a compelling dividend stock for income-focused investors, which can attract buyers seeking stable cash flow and relatively low volatility. 3 Dividend Stocks Built for Retirement to Buy in June
• Neutral Sentiment: Several comparison articles pitted Verizon against AT&T, T-Mobile, and AST SpaceMobile, keeping the stock in focus but not adding a clear new catalyst by themselves. VZ vs. ASTS: Which Connectivity Stock is the Better Buy?
• Neutral Sentiment: Verizon has also seen increased investor attention online, which can reflect growing interest but does not necessarily signal a fundamental change. Investors Heavily Search Verizon Communications Inc. (VZ): Here is What You Need to Know

Verizon Communications Trading Up 2.6%

Shares of VZ stock opened at $46.95 on Thursday. The company’s 50-day moving average price is $47.29 and its 200-day moving average price is $45.41. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68. 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 $196.06 billion, a price-to-earnings ratio of 11.45, a PEG ratio of 1.12 and a beta of 0.24.

Verizon Communications (NYSE:VZ) last posted its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, beating 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 company had revenue of $34.44 billion for the quarter, compared to analysts’ expectations of $34.82 billion. During the same quarter in the prior year, the company posted $1.19 earnings per share. Verizon Communications’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. As a group, equities analysts predict that Verizon Communications Inc. will post 4.97 earnings per share for the current year.

Verizon Communications Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be given a $0.7075 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.83 dividend on an annualized basis and a yield of 6.0%. Verizon Communications’s dividend payout ratio is presently 69.02%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Raymond James Financial reissued an “outperform” rating and set a $56.00 price target on shares of Verizon Communications in a research report on Thursday, March 12th. Morgan Stanley boosted their price target on shares of Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Wells Fargo & Company boosted their price target on shares of Verizon Communications from $44.00 to $46.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Oppenheimer boosted their price target on shares of Verizon Communications from $50.00 to $56.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Finally, Citigroup boosted their price target on shares of Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, March 20th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $50.59.

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.