Cadinha & Co. LLC lowered its holdings in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 50.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,705 shares of the cell phone carrier’s stock after selling 18,990 shares during the quarter. Cadinha & Co. LLC’s holdings in Verizon Communications were worth $762,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also bought and sold shares of VZ. Brighton Jones LLC lifted its position in Verizon Communications by 61.2% during the fourth quarter. Brighton Jones LLC now owns 43,986 shares of the cell phone carrier’s stock valued at $1,759,000 after purchasing an additional 16,704 shares during the last quarter. United Bank lifted its position in Verizon Communications by 11.5% during the second quarter. United Bank now owns 7,843 shares of the cell phone carrier’s stock valued at $339,000 after purchasing an additional 806 shares during the last quarter. Jump Financial LLC lifted its position in Verizon Communications by 312.0% during the second quarter. Jump Financial LLC now owns 23,639 shares of the cell phone carrier’s stock valued at $1,023,000 after purchasing an additional 17,901 shares during the last quarter. HUB Investment Partners LLC lifted its position in Verizon Communications by 17.2% during the second quarter. HUB Investment Partners LLC now owns 41,121 shares of the cell phone carrier’s stock valued at $1,779,000 after purchasing an additional 6,034 shares during the last quarter. Finally, Vivaldi Capital Management LP lifted its position in Verizon Communications by 5.2% during the second quarter. Vivaldi Capital Management LP now owns 8,993 shares of the cell phone carrier’s stock valued at $389,000 after purchasing an additional 443 shares during the last quarter. Institutional investors own 62.06% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have commented on VZ shares. Dbs Bank lowered shares of Verizon Communications from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Sanford C. Bernstein reiterated a “market perform” rating and set a $48.00 price objective on shares of Verizon Communications in a research report on Monday, February 2nd. Erste Group Bank upgraded shares of Verizon Communications from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 2nd. Scotiabank upgraded shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $50.25 to $54.50 in a report on Monday, March 9th. Finally, Citigroup raised their target price on shares of Verizon Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, March 20th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Verizon Communications currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.56.
Insider Buying and Selling
In related news, SVP Mary-Lee Stillwell sold 8,569 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $50.00, for a total value of $428,450.00. Following the transaction, the senior vice president owned 43,782 shares of the company’s stock, valued at $2,189,100. This trade represents a 16.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Hans Erik Vestberg sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $49.61, for a total transaction of $9,922,000.00. Following the completion of the transaction, the director directly owned 145,069 shares in the company, valued at $7,196,873.09. This represents a 57.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 218,148 shares of company stock valued at $10,780,356 in the last 90 days. Company insiders own 0.10% of the company’s stock.
Trending Headlines about Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon expanded its Frontline Network Slice to compatible laptops, tablets and smartphones, strengthening its value proposition for government and first‑responder contracts and differentiating its enterprise/resiliency offerings. Verizon Frontline Network Slice available for laptops, tablets and smartphones nationwide
- Positive Sentiment: Coverage highlighting Verizon’s high dividend yield and defensive income profile keeps income‑oriented buyers interested; analysts and dividend investors view VZ as a steady telecom income play. AT&T vs. Verizon vs. T-Mobile: Why This 4.4% Yield Is the Steadiest Bet in Telecom.
- Neutral Sentiment: Verizon set its Q1 2026 earnings date for April 27 (webcast at 8:30 a.m. ET); the upcoming report is the main near‑term catalyst and likely explains some of today’s positioning. Verizon to report first-quarter earnings on April 27, 2026
- Neutral Sentiment: Pre‑earnings commentary and preview pieces are weighing Frontier deal progress, 5G and fiber expansion as positives while noting rising competition could cap near‑term upside—this feeds mixed expectations into the tape. Verizon to Report Q1 Earnings: How to Approach the Stock Now?
- Neutral Sentiment: Market headlines noting VZ rose while broader indices dipped signal relative defensive demand rather than company‑specific surprise. Verizon Communications (VZ) Rises As Market Takes a Dip: Key Facts
- Negative Sentiment: Recent data show insider selling activity and large institutional reductions by some asset managers in recent quarters; heavy insider sales and notable fund exits can weigh on sentiment and put pressure on the stock if they continue. Verizon Communications Inc. Schedules First-Quarter 2026 Earnings Report and Webcast
- Negative Sentiment: Satellite and space‑based cellular developments (AST SpaceMobile) are drawing regulatory approvals and industry attention; these could represent longer‑term competitive or partner‑risk dynamics for terrestrial carriers, and recent launch hiccups add uncertainty to any partnership timelines. FCC Grants AST SpaceMobile Commercial Authority to Deliver Direct-to-Device Cellular Broadband from Space
Verizon Communications Trading Up 2.7%
VZ stock opened at $47.23 on Friday. The company has a market capitalization of $197.43 billion, a PE ratio of 11.66, a P/E/G ratio of 1.18 and a beta of 0.29. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $51.68. The firm’s 50-day moving average is $49.11 and its 200 day moving average is $43.79. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.87.
Verizon Communications (NYSE:VZ – Get Free Report) last posted its quarterly earnings results on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, topping the consensus estimate of $1.06 by $0.03. The company had revenue of $36.38 billion for the quarter, compared to the consensus estimate of $36.20 billion. Verizon Communications had a net margin of 12.43% and a return on equity of 19.03%. The firm’s revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.10 EPS. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. On average, research analysts anticipate that Verizon Communications Inc. will post 4.9 EPS for the current year.
Verizon Communications Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a $0.7075 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $2.83 annualized dividend and a yield of 6.0%. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s payout ratio is 69.88%.
Verizon Communications Company Profile
Verizon Communications Inc (NYSE: VZ) is a major U.S.-based telecommunications company that provides a broad range of communications and information services. Its operations span consumer and business markets, with core offerings that include wireless voice and data services, fixed-line broadband and fiber-optic services, and enterprise networking solutions. Verizon is headquartered in New York City and operates a nationwide wireless network that supports consumer subscribers as well as business and government customers.
The company’s consumer products include mobile phone plans, unlimited data services, and Fios, its branded fiber-optic internet, television and voice service for homes and small businesses.
Further Reading
Want to see what other hedge funds are holding VZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verizon Communications Inc. (NYSE:VZ – Free Report).
Receive News & Ratings for Verizon Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verizon Communications and related companies with MarketBeat.com's FREE daily email newsletter.
