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Stocks•11 February 2026•

1 min read

Rhumbline Advisers Trims Verizon Stake Amidst Strong Q4 and Institutional Interest

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Rhumbline Advisers slightly reduced its stake in Verizon Communications Inc. (NYSE:VZ) during the third quarter, divesting 22,768 shares, representing a 0.3% decrease in its holdings. This move contrasts with the broader trend among other prominent institutional investors. Firms like Vanguard Group Inc. and State Street Corp. significantly increased their positions in Verizon, signaling strong confidence. The telecommunications giant recently reported robust fourth-quarter results, surpassing both revenue and earnings per share estimates. Furthermore, Verizon demonstrated its commitment to shareholder returns by raising its quarterly dividend to $0.7075 per share. Despite Rhumbline's minor sale, the overall picture suggests a positive outlook for VZ, driven by strong fundamentals and sustained institutional interest.

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