Kovitz Investment Group Partners LLC Acquires 28,446 Shares of Verizon Communications Inc. $VZ

NodeGuardian · 2026-03-05T12:08:05+00:00

Kovitz Investment Group increased its Verizon stake by 4.1%, totaling 728,644 shares valued at $32.02 million. Verizon raised its dividend and exceeded Q4 revenue estimates, earning a "Moderate Buy" rating with a target price of $49.02.

NodeGuardian

2026-03-05 12:08:05

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Kovitz Investment Group Partners LLC increased its stake in Verizon Communications Inc. by 4.1% during the third quarter, acquiring an additional 28,446 shares, bringing their total holdings to 728,644 shares valued at $32.02 million. Verizon has also raised its quarterly dividend to $0.7075, resulting in an annualized dividend of $2.83 and a yield of approximately 5.7%. The company recently surpassed Q4 revenue and EPS estimates and provided positive FY2026 EPS guidance, leading to a consensus “Moderate Buy” rating from analysts with an average target price of $49.02.

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