Wealth Alliance LLC Has $3.85 Million Position in Verizon Communications Inc. $VZ

Wealth Alliance LLC raised its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 23.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,697 shares of the cell phone carrier’s stock after purchasing an additional 14,486 shares during the quarter. Wealth Alliance LLC’s holdings in Verizon Communications were worth $3,850,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Lam Group Inc. acquired a new position in Verizon Communications during the 1st quarter valued at about $28,000. Strengthening Families & Communities LLC raised its stake in shares of Verizon Communications by 490.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after purchasing an additional 539 shares during the last quarter. EQ Wealth Advisors LLC purchased a new stake in shares of Verizon Communications in the fourth quarter worth approximately $29,000. Sarver Vrooman Wealth Advisors lifted its holdings in shares of Verizon Communications by 173.0% in the fourth 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 in the last quarter. Finally, Quattro Advisors LLC bought a new position in shares of Verizon Communications in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 62.06% of the company’s stock.

Verizon Communications Price Performance

Shares of Verizon Communications stock opened at $46.34 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61. Verizon Communications Inc. has a one year low of $38.39 and a one year high of $51.68. The business’s 50 day simple moving average is $45.39 and its two-hundred day simple moving average is $46.20. The stock has a market capitalization of $193.47 billion, a P/E ratio of 11.30, a price-to-earnings-growth ratio of 1.07 and a beta of 0.26.

Verizon Communications (NYSE:VZ) last announced its quarterly earnings results on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.03. The business had revenue of $34.25 billion during the quarter, compared to analysts’ expectations of $35.16 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.22 EPS. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Analysts forecast that Verizon Communications Inc. will post 4.98 EPS for the current year.

Verizon Communications Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders 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 dividend yield of 6.1%. The ex-dividend date is Friday, July 10th. Verizon Communications’s dividend payout ratio (DPR) is currently 69.02%.

Analyst Upgrades and Downgrades

VZ has been the topic of several analyst reports. Erste Group Bank restated a “hold” rating on shares of Verizon Communications in a report on Tuesday, May 5th. JPMorgan Chase & Co. raised their price target on Verizon Communications from $49.00 to $52.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Dbs Bank lowered shares of Verizon Communications from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Freedom Capital upgraded Verizon Communications to a “hold” rating in a research report on Friday, June 12th. Finally, BNP Paribas Exane cut their price target on shares of Verizon Communications from $46.00 to $44.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Nine equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $50.03.

More Verizon Communications News

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

• Positive Sentiment: Verizon beat Q2 adjusted EPS estimates at $1.30 versus $1.27 expected, helped by record EBITDA margins and stronger cash generation. Verizon earnings report
• Positive Sentiment: The company raised its full-year 2026 guidance for adjusted EPS, mobility and broadband service revenue, and free cash flow, signaling management confidence in the outlook. Reuters guidance article
• Positive Sentiment: Verizon posted better-than-expected subscriber momentum, including 184,000 postpaid phone additions and more than 550,000 total mobility and broadband net adds, showing the core business is improving. Verizon press release
• Positive Sentiment: Free cash flow rose 24.4% and Verizon expanded its full-year buyback target to as much as $4.5 billion, both supportive of shareholder returns. Verizon press release
• Positive Sentiment: Verizon also announced a more than $1 billion dark fiber deal with Google for AI data centers, suggesting potential upside from infrastructure demand and additional AI-related contracts. Reuters Google deal article
• Neutral Sentiment: Revenue came in below Wall Street expectations and was slightly lower year over year, so top-line pressure is still a concern. Verizon earnings report
• Neutral Sentiment: Options activity was unusually heavy, with traders buying more call options than normal, which may reflect speculative bullish positioning rather than fundamental news. GuruFocus earnings call highlights

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.