Verizon Communications Inc. $VZ Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. decreased its position in Verizon Communications Inc. (NYSE:VZ) by 9.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 867,206 shares of the cell phone carrier’s stock after selling 94,416 shares during the period. TD Waterhouse Canada Inc.’s holdings in Verizon Communications were worth $36,443,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Strengthening Families & Communities LLC lifted its holdings in Verizon Communications by 490.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock valued at $26,000 after acquiring an additional 539 shares during the last quarter. Robinswood Financial LLC acquired a new stake in Verizon Communications during the first quarter worth $27,000. Lam Group Inc. acquired a new stake in Verizon Communications during the first quarter worth $28,000. EQ Wealth Advisors LLC purchased a new stake in Verizon Communications in the fourth quarter valued at $29,000. Finally, Sarver Vrooman Wealth Advisors raised its position in Verizon Communications by 173.0% in the fourth quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier’s stock valued at $29,000 after purchasing an additional 448 shares during the period. Institutional investors and hedge funds own 62.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on VZ shares. Moffett Nathanson lowered their price target on Verizon Communications from $56.00 to $49.00 and set a “neutral” rating for the company in a report on Monday, July 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 report on Thursday, April 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Verizon Communications in a research report on Friday, May 29th. Barclays increased their target price on shares of Verizon Communications from $45.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday, July 27th. Finally, Freedom Capital upgraded shares of Verizon Communications to a “hold” rating in a research report on Friday, June 12th. Nine equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, Verizon Communications has a consensus rating of “Hold” and an average target price of $50.84.

Verizon Communications Stock Up 2.6%

Shares of VZ opened at $48.19 on Friday. The company’s 50-day simple moving average is $45.23 and its 200-day simple moving average is $46.98. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.57 and a current ratio of 0.60. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68. The stock has a market capitalization of $200.20 billion, a PE ratio of 12.55, a P/E/G ratio of 1.31 and a beta of 0.25.

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

Verizon Communications Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 10th were paid a $0.7075 dividend. The ex-dividend date was Friday, July 10th. This represents a $2.83 annualized dividend and a dividend yield of 5.9%. Verizon Communications’s payout ratio is 73.70%.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Verizon is using its fiber network to support AI data-center and hyperscaler connectivity. A reported deal worth more than $1 billion with Google, along with additional potential hyperscaler agreements, could create new revenue opportunities beyond traditional wireless services. Can AI Infrastructure Drive Verizon’s Next Long-Term Growth?
• Positive Sentiment: Recent commentary highlights rising earnings estimates, stronger wireless performance and fiber expansion as reasons for a more constructive long-term outlook. Verizon’s value characteristics— including a relatively low earnings multiple and substantial shareholder distributions—may attract income- and value-focused investors. Should You Bet on VZ Stock Amid Rising Earnings Estimate Revisions?
• Positive Sentiment: Verizon has begun Pixel 11 preorders with installment and upgrade offerings, supporting device-sales activity and customer acquisition while reinforcing its partnership with Google. Verizon Simplicity meets Google AI
• Neutral Sentiment: The company has prepared its Hawai‘i network for Tropical Storm Lala with generators, satellite assets and pre-positioned equipment. Coordination with emergency agencies supports reliability and reputation, but the announcement is unlikely to materially affect near-term earnings. Verizon readies for Tropical Storm Lala
• Negative Sentiment: Investors continue to weigh Verizon’s heavy debt load, competitive wireless market and capital requirements for fiber and AI infrastructure. Analysts’ average recommendation remains “Hold,” reflecting limited conviction despite the improved growth narrative. Verizon Receives Average Hold Recommendation

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.