Atlas Private Wealth Advisors decreased its position in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 63.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 9,659 shares of the cell phone carrier’s stock after selling 16,802 shares during the quarter. Atlas Private Wealth Advisors’ holdings in Verizon Communications were worth $425,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Verizon Communications during the 2nd quarter valued at approximately $2,504,150,000. Vanguard Group Inc. raised its holdings in Verizon Communications by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 372,787,016 shares of the cell phone carrier’s stock valued at $16,130,494,000 after acquiring an additional 4,615,075 shares during the period. State Street Corp lifted its position in shares of Verizon Communications by 2.1% during the second quarter. State Street Corp now owns 208,213,255 shares of the cell phone carrier’s stock worth $9,009,388,000 after acquiring an additional 4,205,449 shares in the last quarter. California Public Employees Retirement System boosted its holdings in shares of Verizon Communications by 21.5% in the second quarter. California Public Employees Retirement System now owns 21,159,040 shares of the cell phone carrier’s stock worth $915,552,000 after acquiring an additional 3,743,892 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Verizon Communications in the second quarter worth $113,004,000. 62.06% of the stock is currently owned by institutional investors.
Verizon Communications Trading Up 11.8%
Shares of VZ opened at $44.52 on Friday. The firm’s 50 day simple moving average is $40.32 and its 200 day simple moving average is $41.57. The company has a market capitalization of $187.70 billion, a P/E ratio of 9.51, a P/E/G ratio of 3.80 and a beta of 0.34. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.74 and a quick ratio of 0.69. Verizon Communications Inc. has a 1-year low of $38.39 and a 1-year high of $47.35.
Verizon Communications Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 12th will be paid a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Monday, January 12th. Verizon Communications’s dividend payout ratio is currently 58.97%.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the company. Scotiabank increased their price objective on Verizon Communications from $50.50 to $51.00 and gave the stock a “sector perform” rating in a report on Thursday, October 30th. Barclays started coverage on shares of Verizon Communications in a report on Thursday, January 22nd. They issued an “equal weight” rating and a $43.00 price target on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Verizon Communications in a research report on Wednesday, January 21st. BNP Paribas Exane lowered shares of Verizon Communications from an “outperform” rating to a “neutral” rating and set a $44.00 target price on the stock. in a report on Tuesday, October 21st. Finally, TD Cowen cut their price target on shares of Verizon Communications from $56.00 to $51.00 and set a “buy” rating for the company in a report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $47.43.
View Our Latest Report on Verizon Communications
Trending Headlines about Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Q4 beat on EPS and revenue — Verizon reported $1.09 EPS vs. consensus $1.06 and revenue of $36.38B, topping estimates and showing 2% year-over-year revenue growth. Read More.
- Positive Sentiment: Raised FY?2026 EPS guidance — management set guidance of $4.90–$4.95, above consensus, improving forward earnings visibility and supporting valuation. Read More.
- Positive Sentiment: Strong subscriber momentum — Verizon logged its highest quarterly wireless net adds in years (notably large postpaid phone adds), a primary driver of the upside in revenue and service growth metrics. Read More.
- Positive Sentiment: Capital return program — management outlined a large buyback program (cited in call writeups), which supports EPS and signals confidence in cash flow. Read More.
- Positive Sentiment: Unusual options activity — heavy call buying was reported intraday, consistent with speculative/hedged bullish positioning by some investors. (Options volume report)
- Neutral Sentiment: Operational resilience highlighted — company actions to harden networks for winter storms were noted; supports customer experience but is a longer-term benefit. Read More.
- Neutral Sentiment: Positive media/analyst writeups emphasize value after the beat, framing VZ as an income + growth story for yield-seeking investors. Read More.
- Negative Sentiment: Execution and cost risks called out — deeper analysis warns that aggressive subscriber promotions, the Frontier deal and integration/unit economics could pressure margins and near-term earnings visibility. Read More.
- Negative Sentiment: Analyst target cut — Wells Fargo trimmed its target in a sector reassessment, a reminder that some shops remain cautious on wireless pricing and capital intensity. Read More.
- Negative Sentiment: Dividend-safety concerns re-surfacing — articles questioning sustainability of the ~7% yield could weigh on long-term income-focused demand if cash flow dynamics shift. Read More.
- Negative Sentiment: Minor institutional selling — a small manager reduced its position, noted in filings; not a major red flag but adds to mixed signals. Read More.
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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