TMB Capital Partners LLC Takes Position in Verizon Communications Inc. $VZ

TMB Capital Partners LLC purchased a new position in Verizon Communications Inc. (NYSE:VZ) in the fourth quarter, Holdings Channel reports. The fund purchased 42,018 shares of the cell phone carrier’s stock, valued at approximately $1,711,000.

Several other large investors also recently made changes to their positions in the stock. Strengthening Families & Communities LLC boosted its position in Verizon Communications by 490.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after purchasing an additional 539 shares during the period. Holos Integrated Wealth LLC acquired a new stake in shares of Verizon Communications in the fourth quarter worth $28,000. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Verizon Communications in the third quarter worth $29,000. EQ Wealth Advisors LLC bought a new stake in shares of Verizon Communications during the 4th quarter worth $29,000. Finally, Sarver Vrooman Wealth Advisors grew its stake in 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 buying an additional 448 shares during the last quarter. Institutional investors own 62.06% of the company’s stock.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Verizon unveiled a customer offer that removes two major fees, part of a broader loyalty push that also eliminates activation/upgrade charges. That could help improve retention and ease pressure from elevated wireless churn, potentially supporting revenue stability. Verizon adds new offer that removes 2 major fees for customers
• Neutral Sentiment: Verizon completed the expiration and final results of several debt exchange/tender and consent solicitations, a balance-sheet management move that is likely routine rather than a major near-term earnings driver. Verizon announces expiration and final results of its private exchange offers and consent solicitations for 11 series of notes
• Neutral Sentiment: Verizon also announced final results for tender offers and consent solicitations across multiple note series, which may modestly support financial flexibility but does not change the core operating outlook by itself. Verizon announces expiration and final results of its tender offers and consent solicitations for 20 series of Verizon and certain of its subsidiaries’ notes
• Neutral Sentiment: Several articles noted that Verizon remains on investor watch lists because of its dividend yield and valuation, but these pieces were mostly commentary rather than new company-specific catalysts. Why Is Verizon Communications (NYSE:VZ) Drawing Telecom Investor Attention?
• Negative Sentiment: Recent trading showed VZ underperforming the broader market, with investors still concerned about competitive pressure and churn in the wireless business. Verizon Communications (VZ) Falls More Steeply Than Broader Market: What Investors Need to Know

Verizon Communications Stock Performance

Shares of NYSE:VZ opened at $45.44 on Friday. The business’s fifty day moving average price is $46.97 and its two-hundred day moving average price is $45.66. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68. The stock has a market capitalization of $189.72 billion, a price-to-earnings ratio of 11.08, a price-to-earnings-growth ratio of 1.12 and a beta of 0.24. 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) last issued its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.07. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The company had revenue of $34.44 billion during the quarter, compared to analysts’ expectations of $34.82 billion. During the same period last year, the business earned $1.19 earnings per share. The business’s revenue was up 2.7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. As a group, analysts predict that Verizon Communications Inc. will post 4.97 EPS for the current fiscal year.

Verizon Communications Announces Dividend

The company 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 $0.7075 dividend. The ex-dividend date is Friday, July 10th. This represents a $2.83 dividend on an annualized basis and a yield of 6.2%. Verizon Communications’s payout ratio is 69.02%.

Analysts Set New Price Targets

A number of research firms have issued reports on VZ. Weiss Ratings restated a “buy (b)” rating on shares of Verizon Communications in a report on Friday, May 29th. Citigroup boosted their price objective on Verizon Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, March 20th. Erste Group Bank restated a “hold” rating on shares of Verizon Communications in a research note on Tuesday, May 5th. Scotiabank raised Verizon Communications from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $50.25 to $54.50 in a report on Monday, March 9th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $56.00 price target on shares of Verizon Communications in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, Verizon Communications presently has an average rating of “Moderate Buy” and an average target price of $50.59.

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.