St. Louis Firm Boosts Stake in Verizon Communications

Asset management firm increases holdings in telecom giant by 35.5% in Q4 2025

Mar. 21, 2026 at 10:39am

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St. Louis Financial Planners Asset Management LLC grew its stake in Verizon Communications Inc. (NYSE:VZ) by 35.5% during the fourth quarter of 2025, according to a recent 13F filing with the SEC. The firm now owns 91,015 shares of the cell phone carrier's stock, valued at $3.7 million.

Why it matters

Verizon is one of the largest telecommunications companies in the U.S., providing a wide range of consumer and business services. This investment by a St. Louis-based firm highlights ongoing institutional interest in Verizon's stock and the company's position as a stable, dividend-paying blue-chip.

The details

According to the 13F filing, St. Louis Financial Planners Asset Management LLC acquired an additional 23,843 shares of Verizon during the fourth quarter, increasing its total holdings to 91,015 shares. This represents 2.3% of the firm's total investment portfolio, making Verizon its 12th largest holding.

  • St. Louis Financial Planners Asset Management LLC filed its 13F report for the fourth quarter of 2025 on March 21, 2026.

The players

St. Louis Financial Planners Asset Management LLC

A St. Louis-based investment management firm that oversees a portfolio of stocks, bonds, and other assets for individual and institutional clients.

Verizon Communications Inc.

A major U.S. telecommunications company that provides a broad range of wireless, broadband, and enterprise networking services to consumer and business customers nationwide.

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The takeaway

This investment by a St. Louis-based asset manager underscores the continued appeal of Verizon's stock among institutional investors seeking stable, dividend-paying blue-chip companies. Verizon's nationwide wireless network and diversified telecommunications offerings have made it a long-term holding for many investment firms.