Hayek Kallen Investment Management Acquires 10,007 Shares of Verizon Communications Inc. $VZ

Hayek Kallen Investment Management boosted its holdings in Verizon Communications Inc. (NYSE:VZ) by 8.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 125,992 shares of the cell phone carrier’s stock after buying an additional 10,007 shares during the quarter. Verizon Communications accounts for approximately 1.7% of Hayek Kallen Investment Management’s holdings, making the stock its 15th biggest position. Hayek Kallen Investment Management’s holdings in Verizon Communications were worth $5,537,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. TruNorth Capital Management LLC grew its stake in shares of Verizon Communications by 95.3% in the third quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock worth $27,000 after acquiring an additional 305 shares during the period. Foster Dykema Cabot & Partners LLC bought a new position in Verizon Communications during the third quarter valued at approximately $29,000. Global Wealth Strategies & Associates lifted its position in Verizon Communications by 739.5% during the third quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock valued at $30,000 after purchasing an additional 599 shares during the period. Winnow Wealth LLC purchased a new stake in Verizon Communications in the second quarter worth approximately $34,000. Finally, Silicon Valley Capital Partners boosted its holdings in Verizon Communications by 52.4% in the second quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock worth $34,000 after purchasing an additional 269 shares during the last quarter. Institutional investors own 62.06% of the company’s stock.

Insider Buying and Selling

In other Verizon Communications news, EVP Joseph J. Russo sold 9,579 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $44.88, for a total transaction of $429,905.52. Following the sale, the executive vice president owned 44,045 shares in the company, valued at approximately $1,976,739.60. This trade represents a 17.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mary-Lee Stillwell sold 8,569 shares of Verizon Communications stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $50.00, for a total transaction of $428,450.00. Following the transaction, the senior vice president directly owned 43,782 shares in the company, valued at $2,189,100. This represents a 16.37% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 218,148 shares of company stock valued at $10,780,356. 0.10% of the stock is owned by corporate insiders.

Verizon Communications Trading Up 1.4%

NYSE:VZ opened at $51.36 on Monday. Verizon Communications Inc. has a one year low of $38.39 and a one year high of $51.67. The business has a fifty day moving average price of $45.41 and a 200-day moving average price of $42.81. The firm has a market capitalization of $216.60 billion, a price-to-earnings ratio of 12.68, a price-to-earnings-growth ratio of 2.15 and a beta of 0.30. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.87.

Verizon Communications (NYSE:VZ) last released its earnings results on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.03. The company had revenue of $36.38 billion for the quarter, compared to the consensus estimate of $36.20 billion. Verizon Communications had a return on equity of 19.03% and a net margin of 12.43%.Verizon Communications’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.10 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. Sell-side analysts forecast that Verizon Communications Inc. will post 4.69 EPS for the current year.

Verizon Communications Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be issued a $0.7075 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $2.83 annualized dividend and a yield of 5.5%. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s payout ratio is currently 68.15%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on VZ shares. Raymond James Financial reissued an “outperform” rating and set a $56.00 price target on shares of Verizon Communications in a report on Thursday. Evercore upped their price objective on Verizon Communications from $48.00 to $50.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. William Blair raised Verizon Communications to an “outperform” rating in a report on Monday, February 2nd. Royal Bank Of Canada raised their target price on Verizon Communications from $44.00 to $48.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 3rd. Finally, Scotiabank raised shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and upped their price target for the company from $50.25 to $54.50 in a research report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $50.03.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Q4/earnings + guidance — Verizon beat Q4 EPS estimates and set FY2026 EPS guidance of $4.90–$4.95, reinforcing cash flow and dividend coverage that investors prize. This underpins the stock’s recent upward move and supports dividend-focused buying. MarketBeat VZ overview
• Positive Sentiment: Analyst upgrade/price target lift — Oppenheimer set a new $56 price target on VZ, suggesting upside from current levels and giving investors confidence in consensus estimates and valuation support. Oppenheimer price target
• Positive Sentiment: Partnership/enterprise traction — Coverage of Kodiak AI’s milestones highlights expanded partnerships with Verizon, signaling enterprise & network monetization opportunities beyond core wireless services. That diversification can boost long-term revenue potential. Kodiak AI partnership mention
• Neutral Sentiment: Subscriber momentum — Analysts note solid postpaid phone adds and fixed wireless subscriber growth, which improve churn and lifetime value but have yet to fully translate into stronger service revenue growth. This is constructive for ARPU stability and churn metrics. Zacks subscriber growth article
• Negative Sentiment: Revenue ceiling risk — Despite subscriber gains, analysts and company commentary expect wireless service revenues to remain roughly flat near-term, which could cap share-price upside until service revenue or margin expansion resumes. Zacks revenue outlook
• Neutral Sentiment: Dividend/resilience narrative — Coverage highlighting Verizon as a high-yield, U.S.-focused defensive stock has driven demand from income-focused investors amid geopolitical volatility; this supports a higher valuation multiple relative to risk-off peers. MarketBeat dividend safe-haven piece

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.