Gateway Wealth Partners LLC raised its stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 309.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 48,734 shares of the cell phone carrier’s stock after purchasing an additional 36,842 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Verizon Communications were worth $2,446,000 as of its most recent filing with the SEC.
A number of other large investors have also made changes to their positions in the stock. Strengthening Families & Communities LLC raised its stake in shares of Verizon Communications by 490.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock valued at $26,000 after purchasing an additional 539 shares in the last quarter. Lam Group Inc. acquired a new stake in Verizon Communications during the first quarter worth $28,000. EQ Wealth Advisors LLC bought a new stake in Verizon Communications in the 4th quarter valued at $29,000. Sarver Vrooman Wealth Advisors increased its holdings in Verizon Communications by 173.0% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier’s stock valued at $29,000 after buying an additional 448 shares during the period. Finally, Quattro Advisors LLC acquired a new position in shares of Verizon Communications in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 62.06% of the company’s stock.
Trending Headlines about Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon reported second-quarter adjusted EPS of $1.30, ahead of the $1.27 consensus estimate. Lower customer churn, reduced device-subsidy costs, and stronger broadband additions supported expectations for improved earnings and cash flow. VZ Q2 Earnings Call Signals Faster Growth From Churn Gains
- Positive Sentiment: Management raised its 2026 financial and free-cash-flow outlook after stronger subscriber trends and operating performance. The company’s robust free cash flow also continues to provide substantial coverage for its dividend, supporting Verizon’s appeal to income-focused investors. Is VZ Stock a Buy After Verizon Raises Its 2026 Financial Outlook?
- Positive Sentiment: A wireless subscriber beat, broadband growth, and expanding 5G and fiber services are strengthening Verizon’s longer-term growth profile beyond its traditional wireless business. Verizon Communications Rides a Wireless Subscriber Beat
- Positive Sentiment: Verizon’s more than $1 billion dark-fiber agreement with Alphabet highlights possible demand from AI infrastructure and data connectivity. Analysts also raised price targets, including TD Cowen to $56 and Scotiabank to $52.50. Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
- Neutral Sentiment: Analyst sentiment remains mixed: Morgan Stanley, Wells Fargo, Barclays, and RBC maintained neutral or equal-weight ratings despite raising targets, while several targets remain near the current trading level.
- Negative Sentiment: Quarterly revenue fell year over year and missed estimates by roughly $1 billion, indicating that cost controls and subscriber gains have not yet translated into broad-based top-line growth. Verizon Structural Problems Persist
- Negative Sentiment: Investors continue to monitor heavy debt, substantial dividend commitments, competitive pressure, and execution risks associated with Verizon’s fiber and AI investments.
Verizon Communications Price Performance
Verizon Communications (NYSE:VZ – Get Free Report) last posted its earnings results on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.03. The company had revenue of $34.25 billion during the quarter, compared to analysts’ expectations of $35.16 billion. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. Verizon Communications’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.22 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. On average, equities analysts predict that Verizon Communications Inc. will post 5 earnings per share for the current fiscal year.
Verizon Communications Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders 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 dividend yield of 6.0%. The ex-dividend date is Friday, July 10th. Verizon Communications’s dividend payout ratio is presently 73.70%.
Analyst Ratings Changes
A number of research firms have recently commented on VZ. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Verizon Communications in a report on Friday, May 29th. Erste Group Bank reissued a “hold” rating on shares of Verizon Communications in a research report on Tuesday, May 5th. JPMorgan Chase & Co. raised their price target on shares of Verizon Communications from $49.00 to $52.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Morgan Stanley lifted their price objective on Verizon Communications from $50.00 to $52.00 and gave the company an “equal weight” rating in a report on Monday. Finally, Dbs Bank cut Verizon Communications from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. Nine research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $50.97.
Read Our Latest Analysis on Verizon Communications
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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