Teachers Retirement System of The State of Kentucky Lowers Stock Holdings in Verizon Communications Inc. $VZ

Teachers Retirement System of The State of Kentucky significantly reduced its stake in Verizon Communications (NYSE:VZ) by 18.6% in the fourth quarter, selling 146,000 shares to hold 638,086 shares valued at approximately $25.99 million. This adjustment comes as Verizon recently announced a boosted quarterly dividend of $0.7075 per share, representing an annualized yield of 6.1%. The company also reported strong Q4 earnings, surpassing estimates with EPS of $1.09, and provided optimistic FY2026 guidance, while analysts maintain a “Moderate Buy” consensus rating with a target price of $50.56.

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