Verizon Communications Inc. $VZ Shares Bought by Arkadios Wealth Advisors

Arkadios Wealth Advisors raised its stake in Verizon Communications Inc. (NYSE:VZ - Free Report) by 19.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 332,384 shares of the cell phone carrier's stock after buying an additional 54,948 shares during the quarter. Arkadios Wealth Advisors' holdings in Verizon Communications were worth $16,686,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Strengthening Families & Communities LLC boosted its holdings in Verizon Communications by 490.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier's stock valued at $26,000 after acquiring an additional 539 shares during the period. Lam Group Inc. purchased a new position in Verizon Communications in the first quarter valued at approximately $28,000. EQ Wealth Advisors LLC acquired a new stake in Verizon Communications during the fourth quarter worth approximately $29,000. Sarver Vrooman Wealth Advisors raised its holdings in Verizon Communications by 173.0% during the fourth quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier's stock worth $29,000 after purchasing an additional 448 shares in the last quarter. Finally, Quattro Advisors LLC purchased a new stake in shares of Verizon Communications during the 4th quarter worth approximately $30,000. 62.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on VZ. Barclays upped their target price on shares of Verizon Communications from $45.00 to $46.00 and gave the company an "equal weight" rating in a report on Monday. Wells Fargo & Company increased their price objective on Verizon Communications from $43.00 to $47.00 and gave the company an "equal weight" rating in a report on Monday. Morgan Stanley raised their price objective on shares of Verizon Communications from $50.00 to $52.00 and gave the company an "equal weight" rating in a research report on Monday. Erste Group Bank reaffirmed a "hold" rating on shares of Verizon Communications in a research note on Tuesday, May 5th. Finally, Dbs Bank downgraded shares of Verizon Communications from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, April 7th. Nine analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $50.84.

Verizon Communications News Summary

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

• Positive Sentiment: Verizon’s second-quarter results showed adjusted earnings of $1.30 per share, ahead of the $1.27 consensus, while profit increased year over year. The stock also remains inexpensive relative to communications peers, trading at a low forward earnings multiple and offering a dividend yield above 6%. Verizon After Earnings: Cheap Stock or Value Trap?
• Positive Sentiment: Bain Capital and Tillman Global Holdings announced a $1.5 billion investment in Eaton Fiber, intended to fund Ripple Fiber’s acquisition and accelerate Verizon’s fiber broadband expansion across the United States. The investment could support Verizon’s fixed-wireless and fiber growth without representing a direct funding burden for Verizon. Bain Capital and Tillman Global Holdings Announce $1.5 Billion Investment in Eaton Fiber
• Positive Sentiment: Analysts raised several price targets, including TD Cowen’s increase to $56 and Morgan Stanley’s increase to $52. Recent commentary also points to improved subscriber growth, lower churn, bundling gains, and potential future revenue from AI infrastructure and data-center connectivity.
• Neutral Sentiment: Verizon’s earnings beat was tempered by revenue of $34.25 billion, below the $35.16 billion consensus, with revenue down year over year. Analysts remain divided over whether the stock’s discount reflects attractive value or persistent growth concerns. With a 6% Yield, Is Verizon Stock a Buy as Turnaround Continues?
• Negative Sentiment: The immediate pressure came from reports that SpaceX is exploring urban-grade wireless spectrum through acquisitions or a potential federal auction bid. Investors fear a direct satellite-to-mobile competitor could challenge Verizon’s pricing power, customer retention, and market share, weighing on major U.S. wireless carriers. AT&T and Verizon Tumble as Musk’s SpaceX Plots Direct Mobile Threat

Verizon Communications Stock Down 2.0%

Shares of VZ opened at $47.21 on Thursday. The company's fifty day moving average is $45.39 and its two-hundred day moving average is $46.40. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68. The company has a quick ratio of 0.57, a current ratio of 0.60 and a debt-to-equity ratio of 1.36. The firm has a market cap of $197.11 billion, a PE ratio of 12.29, a price-to-earnings-growth ratio of 1.34 and a beta of 0.26.

Verizon Communications (NYSE:VZ - Get Free Report) last announced its quarterly earnings results on Friday, July 24th. The cell phone carrier reported $1.30 EPS for the quarter, topping the consensus estimate of $1.27 by $0.03. The company had revenue of $34.25 billion during the quarter, compared to analyst estimates of $35.16 billion. Verizon Communications had a return on equity of 19.48% and a net margin of 11.64%.The firm's revenue was down .7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.22 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Analysts forecast that Verizon Communications Inc. will post 5.03 earnings per share for the current year.

Verizon Communications Announces Dividend

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 paid a dividend of $0.7075 per share. This represents a $2.83 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Friday, July 10th. Verizon Communications's payout ratio is currently 73.70%.

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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