Verity & Verity 13F: Adds $664K to VZ Stake

Verity & Verity increased its holdings in Verizon Communications Inc. (NYSE:VZ) by 2.6%, adding 14,477 shares during the period to bring its total investment to 563,522 shares. According to a Form 13F filing disclosed on October 23, 2026, the updated stake carried a value of $25,848,770. The fund held 549,045 shares previously.

VZ Verizon Communications Inc.

$45.20 ▲ +18.98% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Verity & Verity's Verizon Position

The firm grew its position by 14,477 shares, representing a 2.6% increase from its prior holding of 549,045 shares. The resulting 563,522 shares were valued at $25,848,770 as of the filing date.

Other Institutional Activity in Verizon Communications

Other institutional investors recently adjusted their holdings in the telecom company as well. Y-Intercept opened a new position with 362,110 shares valued at $16,609,986. Euro Pacific Asset Management added 5,200 shares, ending with 5,200 shares worth $261,638. Summit Financial Strategies sold out entirely, cutting its 4,932 shares to close its position. Wilmington Savings Fund Society, FSB trimmed its stake by 10.99%, reducing its holdings by 31,571 shares to finish with 256,497 shares worth $11,765,518. Carnegie Investment Counsel reduced its holdings by 4.49%, shedding 36,765 shares to end with 782,621 shares valued at $33,949,026.

Verizon Communications Inc. Stock Up 2.4%

Verizon shares recently traded around $44.62, down about 0.1% from an event close of $44.66 on October 23, 2026. The stock trades below its 50-day moving average of $47.62 and below its 200-day moving average of $46.70. The shares sit 13.7% below their 52-week high of $51.68 and 16.2% above their 52-week low of $38.39.

Recent Earnings

Verizon Communications generated $138,894,999,552 in trailing-twelve-month revenue with a net profit margin of 11.6% and earnings of $3.84 per share. The company reported a return on equity of 15.8% alongside a year-over-year revenue decline of 0.7%. The firm's next earnings report is scheduled for October 26, 2026.

Dividend

Verizon pays an annual dividend rate of $2.83 per share, yielding 6.26%. The payout ratio stands at 72.8% of earnings.

Insider Buying and Selling at Verizon Communications Inc.

Company insiders executed several transactions prior to the filing. EVP Joseph Russo bought 84 shares on June 17, 2026, at $13.08 per share for a total of $1,098.72. EVP Villanueva Rodriguez Alfonso bought 80 shares on the same day at $13.08 per share totaling $1,046.40. EVP Kyle Malady sold 1,100 shares on October 13, 2026, at $42.93 per share for $47,223 under a planned trading program, and later sold another 1,100 shares on October 20, 2026, at $44.48 per share for $48,928 under a Rule 10b5-1 plan.

Analysts Set New Price Targets

Wall Street research firms maintain varied perspectives on the telecom provider. TD Cowen maintains a Buy rating with a $56.00 price target. Morgan Stanley maintains an Equal-Weight rating with a $52.00 price target. RBC Capital maintains a Sector Perform rating with a $47.00 price target. Scotiabank maintains a Sector Outperform rating, adjusting its target from $51.50 to $50.00 in an October report. Overall, the stock carries a consensus buy recommendation from 22 analysts with a mean price target of $51.24.

About Verizon Communications

Verizon Communications operates networks and digital platforms that deliver communication, technology, and information products to consumers, businesses, and government agencies. Through its consumer and business segments, the company provides wireless voice and data services, broadband connections, and enterprise networking solutions.

Bottom Line

Verity & Verity expanded its commitment to Verizon Communications during a period of steady institutional repositioning. Investors will look toward the company's upcoming earnings release on October 26, 2026, for fresh updates on profitability and subscriber metrics.