OneDigital Investment Advisors LLC Has $4.69 Million Stock Position in Verizon Communications Inc. $VZ

OneDigital Investment Advisors LLC lessened its stake in shares of Verizon Communications Inc. (NYSE:VZ) by 12.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 106,757 shares of the cell phone carrier’s stock after selling 14,536 shares during the period. OneDigital Investment Advisors LLC’s holdings in Verizon Communications were worth $4,692,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. TruNorth Capital Management LLC increased its stake in shares of Verizon Communications by 95.3% in the third quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after buying an additional 305 shares during the period. Global Wealth Strategies & Associates grew its holdings in Verizon Communications by 739.5% during the 3rd quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock worth $30,000 after acquiring an additional 599 shares during the last quarter. Winnow Wealth LLC acquired a new position in Verizon Communications in the 2nd quarter valued at approximately $34,000. Silicon Valley Capital Partners raised its stake in shares of Verizon Communications by 52.4% during the second quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock valued at $34,000 after acquiring an additional 269 shares during the last quarter. Finally, Richardson Capital Management LLC acquired a new position in shares of Verizon Communications during the third quarter worth $35,000. Institutional investors and hedge funds own 62.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Wells Fargo & Company increased their price objective on Verizon Communications from $41.00 to $44.00 and gave the company an “equal weight” rating in a report on Monday, February 2nd. Weiss Ratings upgraded Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. TD Cowen reduced their target price on Verizon Communications from $56.00 to $51.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Citigroup raised their price target on shares of Verizon Communications from $48.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Verizon Communications in a research note on Monday, January 26th. One investment 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $49.02.

Verizon Communications Stock Performance

Shares of VZ stock opened at $49.63 on Tuesday. The firm has a 50 day moving average of $42.60 and a 200-day moving average of $42.18. The company has a market cap of $209.33 billion, a price-to-earnings ratio of 12.25, a price-to-earnings-growth ratio of 2.06 and a beta of 0.33. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $50.48.

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

Verizon Communications Increases Dividend

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

More Verizon Communications News

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

• Positive Sentiment: Daiwa upgraded VZ to Buy and raised its price target to $58 (from $48), citing clear momentum from Verizon’s Q4 results and subscriber growth; that lift in analyst sentiment supports upside for the shares. Daiwa Upgrades Verizon (VZ) as Subscriber Growth Signals Strong Momentum
• Positive Sentiment: Technical indicator: VZ recently cleared a “golden cross” (50‑day SMA above 200‑day SMA), which often attracts momentum and technical traders and can increase buying interest. Verizon Communications (VZ) Now Trades Above Golden Cross: Time to Buy?
• Positive Sentiment: Price action: the stock reached a 52‑week high (~$50.25 in recent headlines), reinforcing the bullish narrative and likely drawing fresh attention from momentum and dividend-seeking investors. Verizon Communications stock hits 52-week high at 50.25 USD
• Neutral Sentiment: Debt issuance: Verizon completed a sale of €2.25 billion of junior subordinated notes (and related sterling issuance) — this raises liquidity but also adds subordinated debt; impact depends on use of proceeds and investor view on leverage. Verizon Issues Euro and Sterling Junior Subordinated Notes
• Neutral Sentiment: Dividend/defensive demand: VZ continues to appear on lists of attractive dividend or low‑volatility names, which supports interest from income investors but is unlikely to produce large near‑term price moves by itself. My 5 Favorite Dividend Stocks to Buy Right Now
• Negative Sentiment: Macro/headwinds: broader market weakness tied to tariff news and geopolitical headlines is pressuring indexes; such market-wide pullbacks can cap gains in telecom stocks despite company‑specific positives. Stock Market Today: Dow Dives As EU Makes Trump Tariff Move; Novo Plunges On This (Live Coverage)

Insider Activity

In other news, EVP Joseph J. Russo sold 9,579 shares of Verizon Communications stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $44.88, for a total transaction of $429,905.52. Following the completion of the transaction, the executive vice president directly owned 44,045 shares in the company, valued at $1,976,739.60. This trade represents a 17.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is owned by corporate insiders.

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.