Longfellow Investment Management Co. LLC Has $9 Million Stock Position in Verizon Communications Inc. $VZ

Key Points

• Longfellow Investment Management increased its Verizon stake by 514.2% in the fourth quarter, buying 185,003 more shares and bringing its position to 220,979 shares worth about $9 million.
• Analysts remain generally positive on Verizon, with a consensus rating of Moderate Buy and an average price target of $50.59, while several firms recently raised their targets.
• Verizon continues to emphasize shareholder returns and financial stability, recently declaring a quarterly dividend of $0.7075 per share for an annualized yield of about 6.2%; its latest earnings also beat EPS expectations.

Longfellow Investment Management Co. LLC lifted its holdings in Verizon Communications Inc. (NYSE:VZ - Free Report) by 514.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 220,979 shares of the cell phone carrier's stock after acquiring an additional 185,003 shares during the period. Verizon Communications accounts for approximately 2.0% of Longfellow Investment Management Co. LLC's holdings, making the stock its 8th biggest holding. Longfellow Investment Management Co. LLC's holdings in Verizon Communications were worth $9,000,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Blake Schutter Theil Wealth Advisors LLC lifted its stake in Verizon Communications by 3.8% in the fourth quarter. Blake Schutter Theil Wealth Advisors LLC now owns 6,305 shares of the cell phone carrier's stock worth $257,000 after purchasing an additional 233 shares during the last quarter. Triton Wealth Management PLLC lifted its stake in Verizon Communications by 2.6% in the fourth quarter. Triton Wealth Management PLLC now owns 9,257 shares of the cell phone carrier's stock worth $377,000 after purchasing an additional 234 shares during the last quarter. Clearstead Trust LLC lifted its stake in Verizon Communications by 2.5% in the fourth quarter. Clearstead Trust LLC now owns 9,788 shares of the cell phone carrier's stock worth $399,000 after purchasing an additional 240 shares during the last quarter. CWS Financial Advisors LLC lifted its stake in Verizon Communications by 1.7% in the fourth quarter. CWS Financial Advisors LLC now owns 14,891 shares of the cell phone carrier's stock worth $607,000 after purchasing an additional 246 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its stake in Verizon Communications by 0.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 27,471 shares of the cell phone carrier's stock worth $1,119,000 after purchasing an additional 248 shares during the last quarter. Institutional investors own 62.06% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on VZ shares. Wells Fargo & Company raised their price objective on shares of Verizon Communications from $44.00 to $46.00 and gave the stock an "equal weight" rating in a research note on Tuesday, April 28th. Scotiabank raised shares of Verizon Communications from a "sector perform" rating to a "sector outperform" rating and raised their price objective for the stock from $50.25 to $54.50 in a research note on Monday, March 9th. Morgan Stanley raised their price objective on shares of Verizon Communications from $49.00 to $50.00 and gave the stock an "equal weight" rating in a research note on Tuesday, April 28th. Erste Group Bank reissued a "hold" rating on shares of Verizon Communications in a research note on Tuesday, May 5th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $56.00 price objective on shares of Verizon Communications in a research note on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $50.59.

Verizon Communications News Roundup

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

• Positive Sentiment: Verizon declared a quarterly dividend of $0.7075 per share, reinforcing its reputation as a high-yield income stock and signaling stable cash returns to shareholders. Verizon declares quarterly dividend on June 4, 2026
• Positive Sentiment: Recent commentary noted Verizon has outperformed over the past several months on the back of subscriber gains, broadband growth, and AI-related initiatives, which may support the stock’s longer-term narrative. VZ Shares Rise 8.6% in Six Months: What's the Next Move for Investors?
• Neutral Sentiment: Several market pieces focused on Verizon’s valuation and dividend appeal, with some arguing the stock is still compelling for income investors while others question whether the upside is limited. Forget Wall Street’s Ultimate Telecom Value Trap and Buy the Real Free Cash Flow King
• Neutral Sentiment: Verizon’s debt tender and exchange offers, along with broader capital-priority discussion, suggest management is actively managing leverage and liquidity, but the move is not an immediate fundamental catalyst. Do Verizon (VZ) Debt Tenders and Dividend Steadiness Hint at a Shifting Capital Priorities Playbook?
• Negative Sentiment: The Supreme Court’s decision in the FCC dispute increases Verizon’s regulatory risk and could lead to continued fines or enforcement actions, weighing on investor sentiment. US Supreme Court backs FCC in clash with wireless carriers over fines
• Negative Sentiment: Competitive pressure from Starlink and concerns about Verizon’s store/customer backlash have widened skepticism about the company’s growth outlook and valuation. Verizon Confronts Store Backlash And Starlink Threat As Valuation Gap Widens

Verizon Communications Stock Performance

Shares of NYSE:VZ opened at $45.39 on Friday. The firm has a market cap of $189.53 billion, a PE ratio of 11.07, a price-to-earnings-growth ratio of 1.08 and a beta of 0.24. The firm's 50 day simple moving average is $47.55 and its 200-day simple moving average is $45.27. Verizon Communications Inc. has a one year low of $38.39 and a one year high of $51.68. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64.

Verizon Communications (NYSE:VZ - Get Free Report) last issued its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.07. The business had revenue of $34.44 billion for the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company's quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the company posted $1.19 earnings per share. 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 EPS for the current year.

Verizon Communications Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a dividend of $0.7075 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 6.2%. Verizon Communications's dividend payout ratio (DPR) is 69.02%.

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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