Integrated Advisors Network LLC Reduces Holdings in Verizon Communications Inc. $VZ

Integrated Advisors Network LLC decreased its stake in shares of Verizon Communications Inc. (NYSE:VZ) by 36.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,039 shares of the cell phone carrier’s stock after selling 16,045 shares during the period. Integrated Advisors Network LLC’s holdings in Verizon Communications were worth $1,408,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of VZ. Brighton Jones LLC grew its stake in Verizon Communications by 61.2% in the fourth quarter. Brighton Jones LLC now owns 43,986 shares of the cell phone carrier’s stock worth $1,759,000 after purchasing an additional 16,704 shares during the period. United Bank lifted its position in Verizon Communications by 11.5% during 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 period. Jump Financial LLC lifted its position in Verizon Communications by 312.0% during the second quarter. Jump Financial LLC now owns 23,639 shares of the cell phone carrier’s stock valued at $1,023,000 after buying an additional 17,901 shares during the period. HUB Investment Partners LLC boosted its holdings in shares of Verizon Communications by 17.2% during the 2nd quarter. HUB Investment Partners LLC now owns 41,121 shares of the cell phone carrier’s stock valued at $1,779,000 after buying an additional 6,034 shares in the last quarter. Finally, Vivaldi Capital Management LP grew its position in shares of Verizon Communications by 5.2% in the 2nd 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 during the period. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on VZ shares. Barclays decreased their price target on shares of Verizon Communications from $47.00 to $45.00 and set an “equal weight” rating for the company in a research note on Wednesday. Citigroup upped their price objective on shares of Verizon Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, March 20th. Morgan Stanley raised their target price on shares of Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Wells Fargo & Company assumed coverage on shares of Verizon Communications in a report on Wednesday. They set an “equal weight” rating and a $43.00 target price for the company. Finally, Freedom Capital raised Verizon Communications to a “hold” rating in a research report on Friday, June 12th. Nine research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $50.28.

Verizon Communications Stock Performance

Shares of NYSE VZ opened at $42.47 on Thursday. The firm’s 50-day moving average price is $46.29 and its 200-day moving average price is $45.98. Verizon Communications Inc. has a 52-week low of $38.39 and a 52-week high of $51.68. The company has a market cap of $177.32 billion, a PE ratio of 10.36, a PEG ratio of 1.04 and a beta of 0.26. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.38.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share 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 the consensus estimate of $34.82 billion. During the same quarter in the prior year, the firm earned $1.19 earnings per share. The firm’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, analysts anticipate that Verizon Communications Inc. will post 4.98 EPS for the current year.

Verizon Communications Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Friday, July 10th. Verizon Communications’s dividend payout ratio is presently 69.02%.

Key Verizon Communications News

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

• Positive Sentiment: Wells Fargo assigned Verizon an equal weight rating with a $43 price target, which is slightly above recent trading levels and suggests limited downside from current prices. Benzinga coverage
• Positive Sentiment: Barclays kept an equal weight view and only modestly cut its target to $45, indicating analysts still see some fair value in the stock despite the pullback. Benzinga coverage
• Positive Sentiment: Recent coverage highlighted Verizon’s high-yield dividend appeal and argued the stock may still look attractive to income investors after its decline. 3 High-Yield Dividends That Pay You Soon (But You Must Act Quickly)
• Neutral Sentiment: BT Group and Verizon’s new 50:50 global enterprise joint venture is being watched as a possible boost to cash flow, but investors are still waiting to see the financial impact. BT–Verizon Joint Venture article
• Neutral Sentiment: Verizon continues to be viewed as a value stock after its pullback, with commentary noting broadband gains, AI initiatives, and convergence strategy could support longer-term growth. Verizon Stock Underperforms Industry in a Year: Buy, Sell or Hold?
• Negative Sentiment: Wells Fargo and other analysts flagged Starlink as a new competitive threat, raising concerns about pressure on Verizon’s fixed wireless and postpaid growth. SpaceX’s Starlink Puts Verizon, AT&T, and T-Mobile Under the Microscope
• Negative Sentiment: Several articles noted Verizon has underperformed peers and the broader industry over the past year, reinforcing the market’s cautious view. Zacks coverage

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.