Carrera Capital Advisors Buys 36,074 Shares of Verizon Communications Inc. $VZ

Key Points

• Carrera Capital Advisors increased its stake in Verizon by 25%, buying 36,074 shares to own 180,419 shares worth about $7.35 million, making VZ 1.2% of the fund's portfolio and its 18th largest holding.
• Verizon beat Q1 EPS estimates ($1.28 vs. $1.21), raised FY‑2026 EPS guidance to $4.95–$4.99, reported subscriber and margin gains despite a slight revenue miss, and raised its quarterly dividend to $0.7075 (approx. 6.0% yield).

Carrera Capital Advisors boosted its stake in Verizon Communications Inc. (NYSE:VZ - Free Report) by 25.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 180,419 shares of the cell phone carrier's stock after buying an additional 36,074 shares during the period. Verizon Communications makes up 1.2% of Carrera Capital Advisors' portfolio, making the stock its 18th largest holding. Carrera Capital Advisors' holdings in Verizon Communications were worth $7,348,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Cascade Financial Partners LLC grew its position in shares of Verizon Communications by 3.5% in the third quarter. Cascade Financial Partners LLC now owns 7,318 shares of the cell phone carrier's stock valued at $322,000 after purchasing an additional 250 shares during the last quarter. Monetary Management Group Inc. lifted its holdings in Verizon Communications by 0.8% during the 2nd quarter. Monetary Management Group Inc. now owns 30,400 shares of the cell phone carrier's stock worth $1,315,000 after purchasing an additional 250 shares during the last quarter. Hughes Financial Services LLC boosted its stake in Verizon Communications by 5.3% in the 3rd quarter. Hughes Financial Services LLC now owns 5,035 shares of the cell phone carrier's stock valued at $221,000 after purchasing an additional 255 shares during the period. Hager Investment Management Services LLC boosted its stake in Verizon Communications by 26.2% in the 3rd quarter. Hager Investment Management Services LLC now owns 1,233 shares of the cell phone carrier's stock valued at $54,000 after purchasing an additional 256 shares during the period. Finally, Western Financial Corp CA grew its holdings in Verizon Communications by 1.4% in the 3rd quarter. Western Financial Corp CA now owns 18,522 shares of the cell phone carrier's stock valued at $814,000 after buying an additional 258 shares in the last quarter. 62.06% of the stock is owned by institutional investors.

Verizon Communications Stock Up 1.4%

Shares of NYSE VZ opened at $47.04 on Tuesday. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 1.32. The company has a market cap of $196.63 billion, a price-to-earnings ratio of 11.62, a PEG ratio of 1.19 and a beta of 0.29. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $51.68. The stock has a 50-day moving average price of $49.02 and a two-hundred day moving average price of $43.90.

Verizon Communications (NYSE:VZ - Get Free Report) last announced its quarterly 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 return on equity of 19.03% and a net margin of 12.43%.The company had revenue of $34.44 billion during the quarter, compared to analysts' expectations of $34.79 billion. During the same period in the prior year, the company earned $1.19 EPS. Verizon Communications's revenue 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 forecast that Verizon Communications Inc. will post 4.9 earnings per share for the current fiscal year.

Verizon Communications Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be paid a $0.7075 dividend. This is an increase from Verizon Communications's previous quarterly dividend of $0.69. This represents a $2.83 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Friday, April 10th. Verizon Communications's payout ratio is currently 69.88%.

Insider Activity at Verizon Communications

In other news, Director Hans Erik Vestberg sold 200,000 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $49.61, for a total value of $9,922,000.00. Following the completion of the sale, the director owned 145,069 shares of the company's stock, valued at approximately $7,196,873.09. This represents a 57.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the firm's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $50.00, for a total value of $428,450.00. Following the transaction, the senior vice president owned 43,782 shares of the company's stock, valued at $2,189,100. This trade represents a 16.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 218,148 shares of company stock worth $10,780,356 in the last quarter. 0.03% of the stock is owned by insiders.

Verizon Communications News Summary

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

• Positive Sentiment: Beat-and-raise: Verizon reported Q1 adjusted EPS above estimates and raised FY‑2026 EPS guidance to $4.95–$4.99, giving investors confidence in cash flow and earnings visibility. Verizon lifts annual profit forecast (Reuters)
• Positive Sentiment: Subscriber and margin surprise: Verizon delivered its first positive Q1 postpaid phone net adds since 2013 and reported record adjusted EBITDA and stronger margins — a core reason traders are rewarding the stock despite a modest revenue miss. Verizon's Turnaround Story (Yahoo Finance)
• Positive Sentiment: Large‑addressable AI/5G opportunity: Management said it is in advanced talks with hyperscalers, cloud providers and large enterprises to deploy fiber + 5G for AI infrastructure — a potential multibillion-dollar revenue stream if commercialized. Verizon lifts profit guidance after solid Q1 (Proactive)
• Neutral Sentiment: Revenue slight miss: Q1 revenue of ~$34.4B narrowly missed consensus (~$34.8B); investors are focusing on margins, EBITDA and subs instead of the top‑line shortfall. Why investors are ignoring the revenue miss (Invezz)
• Neutral Sentiment: Broader market backdrop: The Dow was softer while chip/AI names drove market moves; sector and index action may amplify or temper VZ’s intraday reaction. Stock Market Today: Dow Dips (Yahoo Finance)
• Negative Sentiment: Revenue headwinds from outage: Management noted that a January network outage weighed on revenue — a reminder that operational incidents can blunt top‑line momentum even as costs and margins improve. Verizon adds wireless subscribers but outage affected revenue (WSJ)

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on VZ. Morgan Stanley initiated coverage on Verizon Communications in a report on Thursday, April 16th. They issued an "equal weight" rating and a $49.00 price objective for the company. William Blair raised Verizon Communications to an "outperform" rating in a research note on Monday, February 2nd. Erste Group Bank raised shares of Verizon Communications from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 2nd. JPMorgan Chase & Co. increased their price objective on shares of Verizon Communications from $47.00 to $49.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 3rd. Finally, Williams Trading set a $54.00 target price on shares of Verizon Communications in a research report on Monday, February 2nd. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $50.22.

Verizon Communications Company 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.

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