Stevens Capital Management LP Invests $6.35 Million in Verizon Communications Inc. $VZ

Stevens Capital Management LP bought a new stake in Verizon Communications Inc. (NYSE:VZFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 144,462 shares of the cell phone carrier’s stock, valued at approximately $6,349,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Hudock Inc. grew its stake in shares of Verizon Communications by 0.6% during the second quarter. Hudock Inc. now owns 39,842 shares of the cell phone carrier’s stock worth $1,724,000 after purchasing an additional 238 shares during the period. McLean Asset Management Corp increased its position in shares of Verizon Communications by 2.9% during the third quarter. McLean Asset Management Corp now owns 8,571 shares of the cell phone carrier’s stock worth $355,000 after acquiring an additional 243 shares in the last quarter. Red Spruce Capital LLC raised its stake in shares of Verizon Communications by 0.3% in the 3rd quarter. Red Spruce Capital LLC now owns 71,541 shares of the cell phone carrier’s stock valued at $3,144,000 after purchasing an additional 246 shares during the period. Camden National Bank raised its position in Verizon Communications by 4.6% in the 2nd quarter. Camden National Bank now owns 5,666 shares of the cell phone carrier’s stock valued at $245,000 after buying an additional 248 shares during the last quarter. Finally, FRG Family Wealth Advisors LLC raised its holdings in shares of Verizon Communications by 1.8% in the second quarter. FRG Family Wealth Advisors LLC now owns 14,517 shares of the cell phone carrier’s stock valued at $628,000 after purchasing an additional 250 shares during the last quarter. 62.06% of the stock is owned by institutional investors.

More Verizon Communications News

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

  • Positive Sentiment: Daiwa Capital upgraded Verizon, a bullish broker action that likely helped lift sentiment and buying interest in the stock. Daiwa Capital upgrades Verizon Communications (VZ)
  • Positive Sentiment: Brokerage coverage shows a constructive tilt: an aggregate “Moderate Buy” consensus helps validate demand among institutional investors and supports the stock’s rebound. Verizon Communications Inc. (NYSE:VZ) Receives Average Rating of “Moderate Buy” from Brokerages
  • Positive Sentiment: Dividend-focused coverage is highlighting Verizon as a reliable income name this year, which can attract retail and institutional dividend-seeking flows that support the share price. Retirees Are Winning Big in 2026: 3 Popular Dividend Stocks Are Soaring
  • Positive Sentiment: Underlying fundamentals remain supportive: Verizon beat Q4 revenue and EPS expectations and set FY2026 EPS guidance near $4.90–4.95, which gives investors confidence in cash flow and dividend coverage. (Company Q4 earnings release)
  • Neutral Sentiment: Analysis pieces are debating whether the recent price rebound already reflects Verizon’s long‑term value — useful reading for investors weighing further entry points versus taking profits. Is Verizon (VZ) Pricing Reflect Long Term Value After Recent Share Price Rebound
  • Negative Sentiment: Balance-sheet and liquidity metrics remain points of caution: debt-to-equity is elevated and current/quick ratios are below 1, which could constrain capital flexibility if macro or capex pressures rise.

Insider Buying and Selling at Verizon Communications

In other news, EVP Joseph J. Russo sold 9,579 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $44.88, for a total value of $429,905.52. Following the transaction, the executive vice president directly owned 44,045 shares of the company’s stock, valued at $1,976,739.60. The trade was a 17.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on VZ shares. KeyCorp reaffirmed a “sector weight” rating on shares of Verizon Communications in a research report on Monday, January 26th. Barclays started coverage on shares of Verizon Communications in a research note on Thursday, January 22nd. They set an “equal weight” rating and a $43.00 target price for the company. TD Cowen reduced their price target on Verizon Communications from $56.00 to $51.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Citigroup boosted their price objective on shares of Verizon Communications from $48.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $48.00 target price on shares of Verizon Communications in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $49.02.

Check Out Our Latest Report on Verizon Communications

Verizon Communications Trading Up 1.2%

Shares of NYSE VZ opened at $49.24 on Friday. The stock has a market cap of $207.70 billion, a P/E ratio of 12.16, a price-to-earnings-growth ratio of 2.04 and a beta of 0.33. Verizon Communications Inc. has a 52-week low of $38.39 and a 52-week high of $50.24. The firm has a 50 day moving average price of $42.43 and a two-hundred day moving average price of $42.14. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.87 and a current ratio of 0.91.

Verizon Communications (NYSE:VZGet Free Report) last announced its earnings results on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, topping the consensus estimate of $1.06 by $0.03. Verizon Communications had a return on equity of 19.03% and a net margin of 12.43%.The firm had revenue of $36.38 billion for the quarter, compared to the consensus estimate of $36.20 billion. During the same period in the previous year, the business earned $1.10 EPS. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, equities analysts forecast that Verizon Communications Inc. will post 4.69 EPS for the current year.

Verizon Communications Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a dividend of $0.7075 per share. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. This represents a $2.83 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Friday, April 10th. Verizon Communications’s payout ratio is 69.88%.

Verizon Communications Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Verizon Communications (NYSE:VZ)

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