Xponance LLC Purchases 38,175 Shares of Verizon Communications Inc. $VZ

Xponance LLC grew its position in Verizon Communications Inc. (NYSE:VZ) by 6.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 650,540 shares of the cell phone carrier’s stock after acquiring an additional 38,175 shares during the period. Xponance LLC’s holdings in Verizon Communications were worth $26,496,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Verizon Communications by 1.5% in 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 acquiring an additional 5,497,598 shares during the last quarter. State Street Corp raised its position in Verizon Communications by 3.5% during the 3rd quarter. State Street Corp now owns 215,490,064 shares of the cell phone carrier’s stock worth $9,470,788,000 after purchasing an additional 7,276,809 shares during the last quarter. Geode Capital Management LLC raised its position 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 worth $4,168,080,000 after purchasing an additional 867,694 shares during the last quarter. Norges Bank bought a new position in Verizon Communications during the 4th quarter worth $2,357,158,000. Finally, Northern Trust Corp raised its position in Verizon Communications by 1.2% during the 3rd quarter. Northern Trust Corp now owns 45,265,695 shares of the cell phone carrier’s stock worth $1,989,427,000 after purchasing an additional 557,576 shares during the last quarter. 62.06% of the stock is currently owned by institutional investors.

Verizon Communications Stock Performance

Shares of Verizon Communications stock opened at $47.04 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The business has a 50-day moving average price of $47.22 and a two-hundred day moving average price of $45.45. Verizon Communications Inc. has a 1-year low of $38.39 and a 1-year high of $51.68. The company has a market cap of $196.43 billion, a P/E ratio of 11.47, a PEG ratio of 1.15 and a beta of 0.24.

Verizon Communications (NYSE:VZ) last issued its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, beating the consensus estimate of $1.21 by $0.07. The company had revenue of $34.44 billion during the quarter, compared to the consensus estimate of $34.82 billion. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the business posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. As a group, analysts anticipate that Verizon Communications Inc. will post 4.97 EPS for the current year.

Verizon Communications Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be paid a $0.7075 dividend. The ex-dividend date is Friday, July 10th. This represents a $2.83 annualized dividend and a dividend yield of 6.0%. Verizon Communications’s dividend payout ratio (DPR) is currently 69.02%.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Several recent commentaries argue Verizon looks undervalued, citing its roughly 6% dividend yield, strong free-cash-flow generation, and defensive appeal in a volatile market. One note also highlights raised 2026 guidance, mid-single-digit EPS growth expectations, and robust postpaid net adds as signs of improving operating momentum. Article: Verizon: A Unique Opportunity In An Expensive Market
• Positive Sentiment: Investors are also focusing on Verizon’s fiber expansion, including the Frontier acquisition, which should broaden its broadband footprint and improve its competitive position versus satellite-based connectivity rivals and other wireless peers. Article: Verizon: Satellite Pessimism Overly Done – Rich Upside And Income Potential Ahead
• Positive Sentiment: A market note said Verizon rose while the broader market dipped, reinforcing its image as a defensive stock that can hold up when investors rotate toward steadier income names. Article: Verizon Communications (VZ) Rises As Market Takes a Dip: Key Facts
• Neutral Sentiment: Erste Group slightly lowered its FY2027 EPS estimate for Verizon, but the change was minimal and the firm kept a Hold rating, suggesting only a modest impact on the stock. Source: MarketBeat analyst update
• Neutral Sentiment: Other recent articles compare Verizon with AT&T and AST SpaceMobile, but these pieces are mostly relative-value discussions rather than direct catalysts for VZ. Article: VZ vs. ASTS: Which Connectivity Stock is the Better Buy?
• Negative Sentiment: Some commentary warns that Verizon still faces limits to future profitability improvement, meaning investors may want to temper expectations even though the stock has defensive qualities. Article: Verizon: A Good Defensive Play In Times Of Market Exuberance

Analysts Set New Price Targets

Several brokerages recently issued reports on VZ. Wells Fargo & Company raised their target price on Verizon Communications from $44.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Verizon Communications in a research report on Friday, May 29th. Dbs Bank lowered Verizon Communications from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Erste Group Bank reaffirmed a “hold” rating on shares of Verizon Communications in a research report on Tuesday, May 5th. Finally, Oppenheimer raised their target price on Verizon Communications from $50.00 to $56.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Verizon Communications has a consensus rating of “Moderate Buy” and an average target price of $50.59.

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.