VZ
Another investor just hit the Verizon button
Lbp Am Sa bought an extra 286,053 shares of Verizon, according to a filing with the SEC. That pushed its total stake up 298% to 382,040 shares, worth roughly $15.56 million.
For investors, this is the kind of move that can make you look twice at a sleepy telecom name. Big funds don’t usually make seven-figure bets for the fun of it — they’re either seeing value, cash flow, or both.
The rest of the article is basically a Verizon sampler platter
The piece also notes that:
- Verizon raised its quarterly dividend to $0.7075 per share, which works out to an annualized $2.83 and a hefty 6.3% yield.
- The company also guided FY2026 EPS to $4.900-$4.950 after a slight Q1 beat.
- Insiders have been net sellers this quarter, which is a little less romantic than the fund-buying headline.
So yes, this isn’t a “company is on fire” moment. It’s more of a slow-burn, cash-cow story: one investor is buying, the dividend is growing, and the stock keeps trying to convince you that boring can still be profitable.
Big picture: when a giant telecom starts attracting fresh institutional money while still throwing off a fat dividend, the market’s basically saying, “Don’t mind me, I’m just here for the yield.”