Royal Fund Management LLC Sells 109,846 Shares of Verizon Communications Inc. $VZ

Royal Fund Management LLC trimmed its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 47.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 121,391 shares of the cell phone carrier’s stock after selling 109,846 shares during the quarter. Royal Fund Management LLC’s holdings in Verizon Communications were worth $6,093,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Strengthening Families & Communities LLC boosted its stake in shares of Verizon Communications by 490.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after acquiring an additional 539 shares in the last quarter. Lam Group Inc. bought a new position in shares of Verizon Communications in the 1st quarter valued at approximately $28,000. EQ Wealth Advisors LLC bought a new position in shares of Verizon Communications in the 4th quarter valued at approximately $29,000. Sarver Vrooman Wealth Advisors lifted 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 worth $29,000 after purchasing an additional 448 shares during the last quarter. Finally, Quattro Advisors LLC acquired a new stake in Verizon Communications in the 4th quarter worth approximately $30,000. 62.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Wells Fargo & Company increased their price target on Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a report on Monday. Freedom Capital raised shares of Verizon Communications to a “hold” rating in a report on Friday, June 12th. BNP Paribas Exane lowered their target price on shares of Verizon Communications from $46.00 to $44.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. Moffett Nathanson cut their target price on shares of Verizon Communications from $56.00 to $49.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. Finally, Scotiabank upped their price target on shares of Verizon Communications from $51.50 to $52.50 and gave the company a “sector outperform” rating in a report on Monday. Nine investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price 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 has a debt-to-equity ratio of 1.36, a quick ratio of 0.57 and a current ratio of 0.60. The company has a 50-day simple moving average of $45.39 and a 200-day simple moving average of $46.40. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68. The firm has a market capitalization of $197.11 billion, a P/E ratio of 12.29, a P/E/G ratio of 1.34 and a beta of 0.26.

Verizon Communications (NYSE:VZ) last released its earnings results on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.03. Verizon Communications had a return on equity of 19.48% and a net margin of 11.64%.The business had revenue of $34.25 billion for the quarter, compared to the consensus estimate of $35.16 billion. During the same period last year, the business earned $1.22 earnings per share. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. On average, equities research analysts expect that Verizon Communications Inc. will post 5.03 earnings per share for the current year.

Verizon Communications Announces Dividend

The company also recently disclosed 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 of this dividend is Friday, July 10th. Verizon Communications’s dividend payout ratio (DPR) is presently 73.70%.

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.