Entropy Technologies LP grew its holdings in Verizon Communications Inc. (NYSE:VZ – Free Report) by 49.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 77,400 shares of the cell phone carrier’s stock after purchasing an additional 25,745 shares during the quarter. Entropy Technologies LP’s holdings in Verizon Communications were worth $3,885,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of VZ. Strengthening Families & Communities LLC boosted its holdings in shares of Verizon Communications by 490.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock valued at $26,000 after buying an additional 539 shares in the last quarter. Lam Group Inc. purchased a new stake in Verizon Communications during the 1st quarter worth approximately $28,000. EQ Wealth Advisors LLC acquired a new position in Verizon Communications during the 4th quarter valued at approximately $29,000. Sarver Vrooman Wealth Advisors increased its position in shares of 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 acquiring 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 own 62.06% of the company’s stock.
Analyst Ratings Changes
VZ has been the subject of a number of research analyst reports. Royal Bank Of Canada reduced their target price on Verizon Communications from $48.00 to $46.00 and set a “sector perform” rating for the company in a research note on Monday, July 20th. JPMorgan Chase & Co. increased their price objective on Verizon Communications from $49.00 to $52.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. BNP Paribas Exane reduced their price target on shares of Verizon Communications from $46.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. Dbs Bank cut Verizon Communications from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Verizon Communications in a report on Friday, May 29th. Nine equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $50.03.
More Verizon Communications News
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon beat Q2 adjusted EPS estimates at $1.30 versus $1.27 expected, helped by record EBITDA margins and stronger cash generation. Verizon earnings report
- Positive Sentiment: The company raised its full-year 2026 guidance for adjusted EPS, mobility and broadband service revenue, and free cash flow, signaling management confidence in the outlook. Reuters guidance article
- Positive Sentiment: Verizon posted better-than-expected subscriber momentum, including 184,000 postpaid phone additions and more than 550,000 total mobility and broadband net adds, showing the core business is improving. Verizon press release
- Positive Sentiment: Free cash flow rose 24.4% and Verizon expanded its full-year buyback target to as much as $4.5 billion, both supportive of shareholder returns. Verizon press release
- Positive Sentiment: Verizon also announced a more than $1 billion dark fiber deal with Google for AI data centers, suggesting potential upside from infrastructure demand and additional AI-related contracts. Reuters Google deal article
- Neutral Sentiment: Revenue came in below Wall Street expectations and was slightly lower year over year, so top-line pressure is still a concern. Verizon earnings report
- Neutral Sentiment: Options activity was unusually heavy, with traders buying more call options than normal, which may reflect speculative bullish positioning rather than fundamental news. GuruFocus earnings call highlights
Verizon Communications Trading Up 5.7%
VZ opened at $46.34 on Friday. The firm has a market capitalization of $193.47 billion, a price-to-earnings ratio of 12.07, a price-to-earnings-growth ratio of 1.14 and a beta of 0.26. The company’s 50 day simple moving average is $45.39 and its two-hundred day simple moving average is $46.20. Verizon Communications Inc. has a 1-year low of $38.39 and a 1-year high of $51.68. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61.
Verizon Communications (NYSE:VZ – Get Free Report) last announced its quarterly earnings results on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.03. The firm had revenue of $34.25 billion for the quarter, compared to analysts’ expectations of $35.16 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company’s revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.22 EPS. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Analysts expect that Verizon Communications Inc. will post 5 EPS for the current fiscal year.
Verizon Communications Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be given a dividend of $0.7075 per share. The ex-dividend date is Friday, July 10th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 6.1%. Verizon Communications’s dividend payout ratio (DPR) is currently 69.02%.
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.
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