Danica Pension Livsforsikringsaktieselskab Makes New Investment in Verizon Communications Inc. $VZ

22 Jul 2026, 08:45 by Sarita Garza · The Markets Daily

Danica Pension Livsforsikringsaktieselskab bought a new position in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 241,314 shares of the cell phone carrier’s stock, valued at approximately $12,114,000.

Other large investors have also made changes to their positions in the company. Strengthening Families & Communities LLC lifted 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 buying an additional 539 shares in the last quarter. Lam Group Inc. purchased a new stake in Verizon Communications in the 1st quarter valued at $28,000. EQ Wealth Advisors LLC purchased a new stake in Verizon Communications in the 4th quarter valued at $29,000. Sarver Vrooman Wealth Advisors grew its holdings 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 in the last quarter. Finally, Quattro Advisors LLC acquired a new stake in shares of Verizon Communications in the 4th quarter worth $30,000. 62.06% of the stock is currently owned by hedge funds and other institutional investors.

Verizon Communications Price Performance

VZ stock opened at $43.76 on Wednesday. The business has a fifty day moving average of $45.51 and a two-hundred day moving average of $46.15. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.38. The stock has a market cap of $182.71 billion, a price-to-earnings ratio of 10.67, a price-to-earnings-growth ratio of 1.06 and a beta of 0.26. Verizon Communications Inc. has a 52-week low of $38.39 and a 52-week high of $51.68.

Verizon Communications (NYSE:VZ – Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, beating the consensus estimate of $1.21 by $0.07. The business had revenue of $34.44 billion for the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. As a group, research analysts anticipate that Verizon Communications Inc. will post 4.98 earnings per share for the current year.

Verizon Communications Dividend Announcement

The business also recently announced 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 of this dividend is Friday, July 10th. This represents a $2.83 dividend on an annualized basis and a yield of 6.5%. Verizon Communications’s dividend payout ratio is presently 69.02%.

More Verizon Communications News

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

Positive Sentiment: Several recent pieces frame Verizon as a value stock, highlighting its relatively low valuation and dividend appeal for income-focused investors.
Positive Sentiment: Analysts cited FIFA-related network demand and stronger usage trends as potential near-term catalysts ahead of second-quarter earnings. Article Title
Neutral Sentiment: Verizon is preparing for heavy network traffic around the first-ever World Cup halftime show, which reinforces its network scale but is not clearly a direct earnings driver yet. Article Title
Neutral Sentiment: RBC lowered its price target on Verizon to $46 from $48 and kept a “sector perform” rating, signaling cautious sentiment rather than a major change in the thesis.
Negative Sentiment: Verizon plans to cut about 3,000 jobs and sell 274 stores to franchisees, underscoring ongoing restructuring and raising questions about growth and margins. Article Title
Negative Sentiment: Another report said Verizon will sell 274 stores and cut 500 office jobs, adding to concerns that management is leaning on cost reductions rather than clear revenue acceleration. Article Title

Analysts Set New Price Targets

Several research analysts have recently commented on VZ shares. Freedom Capital upgraded Verizon Communications to a “hold” rating in a report on Friday, June 12th. Weiss Ratings reissued a “buy (b)” rating on shares of Verizon Communications in a report on Friday, May 29th. Dbs Bank cut shares of Verizon Communications from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, April 7th. JPMorgan Chase & Co. raised their price objective on shares of Verizon Communications from $49.00 to $52.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Finally, Morgan Stanley lifted their target price on shares of Verizon Communications from $49.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. Nine investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, Verizon Communications has a consensus rating of “Hold” and a consensus target price of $50.03.

View Our Latest Research Report on Verizon Communications

About Verizon Communications

(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.