Verizon Communications Inc. $VZ Holdings Boosted by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC grew its holdings in Verizon Communications Inc. (NYSE:VZ) by 80.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 492,823 shares of the cell phone carrier’s stock after purchasing an additional 220,413 shares during the period. Integrated Wealth Concepts LLC’s holdings in Verizon Communications were worth $20,866,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. USS Investment Management Ltd boosted its position in Verizon Communications by 4.6% during the first quarter. USS Investment Management Ltd now owns 713,156 shares of the cell phone carrier’s stock valued at $35,790,000 after purchasing an additional 31,354 shares during the last quarter. Cornerstone Capital Inc. grew its stake in Verizon Communications by 8.6% in the second quarter. Cornerstone Capital Inc. now owns 317,284 shares of the cell phone carrier’s stock valued at $13,434,000 after purchasing an additional 25,156 shares in the last quarter. Cibc World Market Inc. increased its position in Verizon Communications by 15.3% in the 4th quarter. Cibc World Market Inc. now owns 2,382,975 shares of the cell phone carrier’s stock worth $97,059,000 after purchasing an additional 316,854 shares during the last quarter. University of Texas Texas AM Investment Management Co. raised its stake in shares of Verizon Communications by 127.0% during the 2nd quarter. University of Texas Texas AM Investment Management Co. now owns 184,170 shares of the cell phone carrier’s stock worth $7,798,000 after purchasing an additional 103,046 shares in the last quarter. Finally, Keudell Morrison Wealth Management acquired a new stake in shares of Verizon Communications during the 4th quarter valued at about $2,171,000. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Insider Activity at Verizon Communications

In other news, CEO Kyle Malady sold 1,100 shares of Verizon Communications stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $49.98, for a total value of $54,978.00. Following the transaction, the chief executive officer owned 106,566 shares of the company’s stock, valued at $5,326,168.68. This trade represents a 1.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 4,400 shares of company stock valued at $219,142 over the last 90 days. Company insiders own 0.03% of the company’s stock.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Verizon agreed to secure more than 80 million miles of high-density optical fiber from Corning through 2032. The supply should support expansion toward 40 million–50 million broadband passings, strengthen fiber-and-wireless bundles, and provide capacity for AI-related data-center connections. Verizon signs optical fiber deal with Corning to expand broadband, support AI growth
• Positive Sentiment: CEO Dan Schulman said Verizon has seen “zero discernible impact” on broadband growth from low-Earth-orbit providers such as Starlink, easing concerns that satellite broadband will quickly erode Verizon’s fixed-line opportunity. Verizon Waves Off Starlink, Bets On Cities And Old Phone Buildings
• Neutral Sentiment: Verizon declared a quarterly dividend of $0.7075 per share, unchanged from the prior quarter. The payout reinforces its income appeal but provides no new dividend-growth catalyst. Verizon declares quarterly dividend on September 9, 2026
• Neutral Sentiment: CEO Kyle Malady sold 1,100 shares under a pre-arranged Rule 10b5-1 plan. The relatively small transaction reduces its signaling value, though insider selling can add modest investor caution.
• Negative Sentiment: The broader shift away from defensive plays is weighing on Verizon as investors favor higher-growth sectors. The stock’s proximity to its 52-week high may also encourage profit-taking, while the fiber agreement requires significant investment and is not expected to begin delivering volume until 2027. Shift Away from Defensive Plays Hits Verizon Communications

Verizon Communications Stock Performance

VZ opened at $49.70 on Thursday. The company has a market cap of $206.48 billion, a PE ratio of 12.94, a price-to-earnings-growth ratio of 1.71 and a beta of 0.26. The stock has a 50-day moving average of $46.76 and a 200-day moving average of $47.51. Verizon Communications Inc. has a 52-week low of $38.39 and a 52-week high of $51.68. 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 (NYSE:VZ) last issued its quarterly earnings data on Friday, July 24th. The cell phone carrier reported $1.30 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.03. Verizon Communications had a return on equity of 19.48% and a net margin of 11.64%.The business had revenue of $34.25 billion for the quarter, compared to analyst estimates of $35.16 billion. During the same quarter in the prior year, the firm posted $1.22 EPS. The firm’s revenue for the quarter was down .7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. As a group, equities research analysts forecast that Verizon Communications Inc. will post 5.03 earnings per share for the current fiscal year.

Verizon Communications Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 9th will be issued a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a yield of 5.7%. The ex-dividend date is Friday, October 9th. Verizon Communications’s dividend payout ratio (DPR) is 73.70%.

Analyst Ratings Changes

Several equities research analysts recently commented on VZ shares. TD Cowen boosted their price target on Verizon Communications from $54.00 to $56.00 and gave the company a “buy” rating in a research note on Monday, July 27th. Moffett Nathanson cut their price objective on shares of Verizon Communications from $56.00 to $49.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Morgan Stanley lifted their target price on shares of Verizon Communications from $50.00 to $52.00 and gave the company an “equal weight” rating in a research note on Monday, July 27th. Barclays boosted 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 report on Monday, July 27th. Finally, Wells Fargo & Company increased their price target on shares of Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Monday, July 27th. Eight equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $50.97.

Verizon Communications Profile

Verizon Communications Inc is a telecommunications company that provides wireless communications, broadband, and related technology services. Its offerings include mobile voice and data plans, 5G connectivity, fixed wireless access, fiber-optic internet through Verizon Fios, home services, and connected-device solutions.

Through Verizon Business, the company serves enterprises, government agencies, and other organizations with communications networks, managed connectivity, cybersecurity, cloud and edge-computing services, unified communications, and Internet of Things solutions.