Carrera Capital Advisors Has $7.35 Million Holdings in Verizon Communications Inc. $VZ

Carrera Capital Advisors increased its position in shares of Verizon Communications Inc. (NYSE:VZ) by 25.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 180,419 shares of the cell phone carrier’s stock after buying an additional 36,074 shares during the period. Verizon Communications makes up 1.2% of Carrera Capital Advisors’ holdings, making the stock its 18th biggest holding. Carrera Capital Advisors’ holdings in Verizon Communications were worth $7,348,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. TruNorth Capital Management LLC raised its position in shares of Verizon Communications by 95.3% in the 3rd 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 in the last quarter. Holos Integrated Wealth LLC bought a new stake in shares of Verizon Communications during the 4th quarter valued at about $28,000. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Verizon Communications during the 3rd quarter valued at about $29,000. Daytona Street Capital LLC acquired a new stake in Verizon Communications during the fourth quarter worth approximately $33,000. Finally, Accordant Advisory Group Inc grew its stake in Verizon Communications by 152.9% during the fourth quarter. Accordant Advisory Group Inc now owns 827 shares of the cell phone carrier’s stock worth $34,000 after purchasing an additional 500 shares during the period. Institutional investors and hedge funds own 62.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VZ. JPMorgan Chase & Co. boosted their price target on Verizon Communications from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Tuesday, February 3rd. KeyCorp reaffirmed a “sector weight” rating on shares of Verizon Communications in a research report on Monday, January 26th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $48.00 price objective on shares of Verizon Communications in a research note on Monday, February 2nd. Scotiabank upgraded shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and raised their price target for the stock from $50.25 to $54.50 in a report on Monday, March 9th. Finally, Citigroup lifted their price target on shares of Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, March 20th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, Verizon Communications presently has a consensus rating of “Moderate Buy” and a consensus target price of $50.22.

Insider Transactions at Verizon Communications

In other news, EVP Joseph J. Russo sold 9,579 shares of Verizon Communications stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $44.88, for a total value of $429,905.52. Following the completion of the transaction, the executive vice president owned 44,045 shares in the company, valued at $1,976,739.60. This trade represents a 17.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the business’s 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 completion of the sale, the senior vice president directly owned 43,782 shares in the company, valued at approximately $2,189,100. This trade represents a 16.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 218,148 shares of company stock worth $10,780,356 over the last quarter. Corporate insiders own 0.03% of the company’s stock.

Verizon Communications Stock Performance

Shares of VZ stock opened at $47.04 on Tuesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.87 and a current ratio of 0.91. The firm has a market cap of $196.63 billion, a price-to-earnings ratio of 11.62, a P/E/G ratio of 1.19 and a beta of 0.29. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68. The firm’s 50-day simple moving average is $49.02 and its two-hundred day simple moving average is $43.90.

Verizon Communications (NYSE:VZ) last released its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.07. Verizon Communications had a net margin of 12.43% and a return on equity of 19.03%. The firm had revenue of $34.44 billion during the quarter, compared to the consensus estimate of $34.79 billion. During the same period in the prior year, the firm earned $1.19 EPS. The company’s revenue was up 2.7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. As a group, equities analysts forecast that Verizon Communications Inc. will post 4.9 earnings per share for the current year.

Verizon Communications Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a yield of 6.0%. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend is Friday, April 10th. Verizon Communications’s payout ratio is currently 69.88%.

Verizon Communications News Summary

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

• Positive Sentiment: Beat-and-raise: Verizon reported Q1 adjusted EPS above estimates and raised FY‑2026 EPS guidance to $4.95–$4.99, giving investors confidence in cash flow and earnings visibility. Verizon lifts annual profit forecast (Reuters)
• Positive Sentiment: Subscriber and margin surprise: Verizon delivered its first positive Q1 postpaid phone net adds since 2013 and reported record adjusted EBITDA and stronger margins — a core reason traders are rewarding the stock despite a modest revenue miss. Verizon’s Turnaround Story (Yahoo Finance)
• Positive Sentiment: Large‑addressable AI/5G opportunity: Management said it is in advanced talks with hyperscalers, cloud providers and large enterprises to deploy fiber + 5G for AI infrastructure — a potential multibillion-dollar revenue stream if commercialized. Verizon lifts profit guidance after solid Q1 (Proactive)
• Neutral Sentiment: Revenue slight miss: Q1 revenue of ~$34.4B narrowly missed consensus (~$34.8B); investors are focusing on margins, EBITDA and subs instead of the top‑line shortfall. Why investors are ignoring the revenue miss (Invezz)
• Neutral Sentiment: Broader market backdrop: The Dow was softer while chip/AI names drove market moves; sector and index action may amplify or temper VZ’s intraday reaction. Stock Market Today: Dow Dips (Yahoo Finance)
• Negative Sentiment: Revenue headwinds from outage: Management noted that a January network outage weighed on revenue — a reminder that operational incidents can blunt top‑line momentum even as costs and margins improve. Verizon adds wireless subscribers but outage affected revenue (WSJ)

Verizon Communications 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.