Verizon Communications Inc. $VZ Shares Acquired by Hourglass Capital LLC

Hourglass Capital LLC grew its stake in shares of Verizon Communications Inc. (NYSE:VZ) by 18.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 140,778 shares of the cell phone carrier’s stock after purchasing an additional 22,320 shares during the period. Hourglass Capital LLC’s holdings in Verizon Communications were worth $5,961,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VZ. USS Investment Management Ltd lifted its position in shares of Verizon Communications by 4.6% in the first quarter. USS Investment Management Ltd now owns 713,156 shares of the cell phone carrier’s stock worth $35,790,000 after purchasing an additional 31,354 shares in the last quarter. Teacher Retirement System of Texas grew its position in Verizon Communications by 41.0% during the fourth quarter. Teacher Retirement System of Texas now owns 2,197,366 shares of the cell phone carrier’s stock valued at $89,499,000 after purchasing an additional 639,380 shares in the last quarter. Clarity Financial LLC grew its position in Verizon Communications by 697.0% during the fourth quarter. Clarity Financial LLC now owns 471,127 shares of the cell phone carrier’s stock valued at $19,189,000 after purchasing an additional 412,018 shares in the last quarter. Cibc World Market Inc. increased its stake in Verizon Communications by 15.3% in the 4th quarter. Cibc World Market Inc. now owns 2,382,975 shares of the cell phone carrier’s stock valued at $97,059,000 after buying an additional 316,854 shares during the period. Finally, Keudell Morrison Wealth Management purchased a new stake in Verizon Communications in the 4th quarter worth approximately $2,171,000. Hedge funds and other institutional investors own 62.06% of the company’s stock.

More Verizon Communications News

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

• Positive Sentiment: Verizon is using its fiber network to support AI-related connectivity, including a reported $1 billion-plus agreement with Google and potential additional hyperscaler contracts. These deals could create new enterprise revenue opportunities beyond traditional wireless services. Can AI Infrastructure Drive Verizon’s Next Long-Term Growth?
• Positive Sentiment: Analysts continue to highlight Verizon as a value stock, supported by its relatively modest valuation, income potential and defensive telecommunications business. That profile may appeal to investors seeking stability while broader markets remain elevated. Here’s Why Verizon Communications Is a Strong Value Stock
• Positive Sentiment: Verizon’s preparation for Tropical Storm Lala in Hawaii— including backup generators, satellite assets and pre-positioned equipment— reinforces network reliability and customer support, though the immediate financial impact is likely limited. Verizon Readies for Tropical Storm Lala
• Neutral Sentiment: A comparison with Nokia emphasizes Verizon’s connectivity strengths as both companies position for AI-driven telecom demand. The article does not identify a material change to Verizon’s near-term earnings outlook. Verizon vs. Nokia: Which Telecom Stock is the Better Buy Now?
• Negative Sentiment: Investors remain mindful that Verizon has returned substantial cash to shareholders while its stock has lagged the broader market. This raises questions about whether dividends and buybacks are producing sufficient shareholder value compared with reinvestment in growth. VZ Paid Holders $59 Billion While the Stock Trailed the Market

Verizon Communications Stock Up 0.0%

Verizon Communications stock opened at $48.50 on Monday. The company has a current ratio of 0.60, a quick ratio of 0.57 and a debt-to-equity ratio of 1.36. Verizon Communications Inc. has a 1-year low of $38.39 and a 1-year high of $51.68. The firm’s fifty day simple moving average is $45.30 and its 200-day simple moving average is $47.05. The company has a market capitalization of $201.51 billion, a P/E ratio of 12.63, a P/E/G ratio of 1.35 and a beta of 0.25.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings data on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.03. The firm had revenue of $34.25 billion during the quarter, compared to analysts’ expectations of $35.16 billion. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. Verizon Communications’s revenue for the quarter was down .7% on a year-over-year basis. During the same period in the prior year, the company posted $1.22 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Sell-side analysts forecast that Verizon Communications Inc. will post 5.03 earnings per share for the current fiscal year.

Verizon Communications Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were issued a dividend of $0.7075 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 5.8%. Verizon Communications’s dividend payout ratio is currently 73.70%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on VZ. Freedom Capital raised shares of Verizon Communications to a “hold” rating in a research note on Friday, June 12th. Barclays increased their price objective on Verizon Communications from $45.00 to $46.00 and gave the stock an “equal weight” rating in a report on Monday, July 27th. Royal Bank Of Canada lifted their price objective on Verizon Communications from $46.00 to $47.00 and gave the company a “sector perform” rating in a research report on Monday, July 27th. Scotiabank boosted their target price on Verizon Communications from $51.50 to $52.50 and gave the company a “sector outperform” rating in a research note on Monday, July 27th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Verizon Communications in a research report on Friday, May 29th. Nine investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $50.84.

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.