Mosley Wealth Management acquired a new stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,538 shares of the cell phone carrier’s stock, valued at approximately $559,000.
A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Verizon Communications by 1.5% during 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 buying an additional 5,497,598 shares during the last quarter. State Street Corp grew its position in shares of 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 valued at $9,470,788,000 after buying an additional 7,276,809 shares during the last quarter. Geode Capital Management LLC grew its position in shares of 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 valued at $4,168,080,000 after buying an additional 867,694 shares during the last quarter. Norges Bank bought a new stake in shares of Verizon Communications during the 4th quarter valued at about $2,357,158,000. Finally, Northern Trust Corp grew its position in shares of 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 valued at $1,989,427,000 after buying an additional 557,576 shares during the last quarter. Institutional investors own 62.06% of the company’s stock.
Verizon Communications Stock Up 0.2%
Shares of NYSE:VZ opened at $47.04 on Friday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64. The company has a market cap of $196.43 billion, a PE ratio of 11.47, a price-to-earnings-growth ratio of 1.15 and a beta of 0.24. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68. The firm has a 50 day simple moving average of $47.22 and a 200 day simple moving average of $45.45.
Verizon Communications Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be given a $0.7075 dividend. This represents a $2.83 annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Friday, July 10th. Verizon Communications’s dividend payout ratio is 69.02%.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on VZ shares. Raymond James Financial reaffirmed an “outperform” rating and set a $56.00 price objective on shares of Verizon Communications in a research report on Thursday, March 12th. Wells Fargo & Company boosted their price objective on shares of Verizon Communications from $44.00 to $46.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Citigroup boosted their price objective on shares of Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, March 20th. JPMorgan Chase & Co. boosted their price objective on shares of Verizon Communications from $49.00 to $52.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Finally, Erste Group Bank restated a “hold” rating on shares of Verizon Communications in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $50.59.
View Our Latest Stock Analysis on VZ
More Verizon Communications News
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
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.
See Also
- Five stocks we like better than Verizon Communications
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Receive News & Ratings for Verizon Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verizon Communications and related companies with MarketBeat.com's FREE daily email newsletter.
