PARK CIRCLE Co Has $6.98 Million Stock Holdings in Verizon Communications Inc. $VZ

Key Points

• PARK CIRCLE Co boosted its Verizon stake by 24.9% in the fourth quarter, adding 34,135 shares to bring its total holdings to 171,340 shares worth about $6.98 million.
• Verizon reported better-than-expected quarterly earnings of $1.28 per share, though revenue came in slightly below estimates at $34.44 billion. The company also raised its FY2026 EPS guidance to 4.950–4.990.
• Verizon declared a quarterly dividend of $0.7075 per share, implying an annualized yield of about 5.9%. Analysts currently have a consensus rating of Moderate Buy with an average price target of $50.59.

PARK CIRCLE Co increased its position in shares of Verizon Communications Inc. (NYSE:VZ - Free Report) by 24.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,340 shares of the cell phone carrier's stock after acquiring an additional 34,135 shares during the quarter. Verizon Communications comprises 6.0% of PARK CIRCLE Co's holdings, making the stock its 4th biggest position. PARK CIRCLE Co's holdings in Verizon Communications were worth $6,979,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Verizon Communications by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 379,402,347 shares of the cell phone carrier's stock valued at $15,453,058,000 after purchasing an additional 5,497,598 shares in the last quarter. State Street Corp increased its stake in Verizon Communications by 3.5% during the 4th quarter. State Street Corp now owns 222,951,399 shares of the cell phone carrier's stock valued at $9,080,810,000 after purchasing an additional 7,461,335 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Verizon Communications by 5.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 116,570,816 shares of the cell phone carrier's stock valued at $4,747,930,000 after purchasing an additional 5,851,715 shares in the last quarter. Geode Capital Management LLC increased its stake in Verizon Communications by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 102,632,509 shares of the cell phone carrier's stock valued at $4,168,080,000 after purchasing an additional 867,694 shares in the last quarter. Finally, Norges Bank acquired a new position in Verizon Communications during the 4th quarter valued at approximately $2,357,158,000. Institutional investors own 62.06% of the company's stock.

Verizon Communications Stock Performance

Shares of NYSE VZ opened at $48.10 on Monday. The company's fifty day moving average price is $47.20 and its 200 day moving average price is $45.50. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68. The company has a market capitalization of $200.85 billion, a PE ratio of 11.73, a price-to-earnings-growth ratio of 1.17 and a beta of 0.24. 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 announced its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.07. The firm had revenue of $34.44 billion for the quarter, compared to the consensus estimate of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The firm's quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.19 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, research 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 disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders 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 yield of 5.9%. The ex-dividend date of this dividend is Friday, July 10th. Verizon Communications's dividend payout ratio (DPR) is presently 69.02%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Weiss Ratings restated a "buy (b)" rating on shares of Verizon Communications in a research note on Friday, May 29th. Wells Fargo & Company upped 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 note on Tuesday, April 28th. Morgan Stanley upped their price objective on shares of Verizon Communications from $49.00 to $50.00 and gave the company an "equal weight" rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. upped their price objective on shares of Verizon Communications from $49.00 to $52.00 and gave the company a "neutral" rating in a report on Thursday, April 30th. Finally, Raymond James Financial reaffirmed an "outperform" rating and issued a $56.00 price objective on shares of Verizon Communications in a report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $50.59.

More Verizon Communications News

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

• Positive Sentiment: Analysts and market commentary remain constructive on Verizon’s valuation, with several notes calling it inexpensive relative to its cash flow, earnings power, and dividend profile. Verizon: Steady, Cheap, And Still Standing
• Positive Sentiment: Verizon highlighted new AI-powered disaster-response tools, including “Digital Twin” network modeling, satellite connectivity, and mobile 5G assets, which could support network resilience and reinforce its infrastructure advantage. Verizon’s AI Disaster Tools Highlight Network Resilience And Valuation Gap
• Positive Sentiment: Investor sentiment has also been helped by upbeat pieces describing Verizon as a defensive stock with income potential, including mentions of its raised guidance, postpaid subscriber momentum, and fiber expansion after the Frontier deal. Verizon: A Unique Opportunity In An Expensive Market
• Neutral Sentiment: An insider sold about 80% of her shares in a roughly $3 million transaction, which can draw attention but does not necessarily signal a change in Verizon’s business outlook. 1 Verizon Insider Sells 80% of Her Stock in $3 Million Deal. For Everyone Else, VZ Is a Good Buy Now.
• Neutral Sentiment: Erste Group slightly trimmed its FY2027 earnings estimate for Verizon, but the change was minimal and the firm kept a Hold rating. Verizon Communications Inc. research note
• Neutral Sentiment: Some recent market updates noted Verizon outperforming a weaker broader market session, reinforcing the stock’s defensive character rather than pointing to a major company-specific catalyst. Verizon Communications (VZ) Rises As Market Takes a Dip: Key Facts

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.

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