Envestnet Portfolio Solutions Inc. Trims Stock Position in Verizon Communications Inc. $VZ

Posted by Brian Himes on May 21st, 2026

Verizon Communications logo Envestnet Portfolio Solutions Inc. cut its holdings in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 9.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 210,877 shares of the cell phone carrier’s stock after selling 21,408 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Verizon Communications were worth $8,589,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in VZ. State Street Corp lifted its position in Verizon Communications by 3.5% during the third quarter. State Street Corp now owns 215,490,064 shares of the cell phone carrier’s stock worth $9,470,788,000 after buying an additional 7,276,809 shares during the period. Vanguard Group Inc. raised its holdings in shares of Verizon Communications by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 379,402,347 shares of the cell phone carrier’s stock worth $15,453,058,000 after purchasing an additional 5,497,598 shares during the period. Capital World Investors raised its holdings in shares of Verizon Communications by 51.1% in the 3rd quarter. Capital World Investors now owns 14,512,228 shares of the cell phone carrier’s stock worth $637,812,000 after purchasing an additional 4,905,101 shares during the period. Danske Bank A S purchased a new position in shares of Verizon Communications in the 3rd quarter worth about $161,346,000. Finally, AQR Capital Management LLC raised its holdings in shares of Verizon Communications by 50.4% in the 3rd quarter. AQR Capital Management LLC now owns 8,848,766 shares of the cell phone carrier’s stock worth $385,983,000 after purchasing an additional 2,965,033 shares during the period. 62.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on VZ shares. Royal Bank Of Canada raised their price objective on Verizon Communications from $44.00 to $48.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 3rd. Barclays raised their price objective on Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 31st. Dbs Bank downgraded Verizon Communications from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. Williams Trading set a $54.00 price objective on Verizon Communications in a report on Monday, February 2nd. Finally, Erste Group Bank restated a “hold” rating on shares of Verizon Communications in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $50.59.

View Our Latest Stock Analysis on Verizon Communications

More Verizon Communications News

Here are the key news stories impacting Verizon Communications this week:

Positive Sentiment: Verizon highlighted stronger consumer traction in its latest earnings commentary, including postpaid phone growth and broadband gains, which supports the view that its core wireless business is stabilizing. Verizon Earnings Call Highlights Turnaround Momentum
Positive Sentiment: Verizon, along with AT&T and T-Mobile, is advancing a satellite connectivity joint venture aimed at eliminating dead zones, a strategic move that could improve network coverage and long-term competitive positioning. Verizon to redeem debt securities on June 20, 2026
Positive Sentiment: Verizon announced it will redeem about $1.3 billion of notes on June 20, signaling active debt management that may be viewed favorably by income-oriented investors. Verizon to redeem debt securities on June 20, 2026
Neutral Sentiment: Verizon also announced the winner of its first Frontline App Developer Challenge, underscoring innovation in public safety and emergency response, but the near-term financial impact appears limited. Verizon champions the innovators of tomorrow, names winner of Verizon Frontline App Developer Challenge
Neutral Sentiment: Verizon’s latest industry cybersecurity report drew attention to a surge in AI-driven social engineering and vulnerability exploitation, highlighting Verizon’s security expertise but not directly changing fundamentals. AI-related data breaches surpass stolen credentials in cyber incidents, Verizon report says

Verizon Communications Price Performance

Shares of NYSE VZ opened at $47.80 on Thursday. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68. The business has a 50 day moving average price of $48.26 and a two-hundred day moving average price of $44.69. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.38. The firm has a market cap of $199.57 billion, a PE ratio of 11.66, a price-to-earnings-growth ratio of 1.00 and a beta of 0.24.

Verizon Communications (NYSE:VZ – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.07. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The firm had revenue of $34.44 billion during the quarter, compared to analyst estimates of $34.82 billion. During the same quarter last year, the firm earned $1.19 EPS. Verizon Communications’s quarterly revenue was up 2.7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Sell-side analysts expect that Verizon Communications Inc. will post 4.96 earnings per share for the current fiscal year.

Insider Activity at Verizon Communications

In other news, SVP Mary-Lee Stillwell sold 8,569 shares of Verizon Communications stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $50.00, for a total value of $428,450.00. Following the completion of the transaction, the senior vice president owned 43,782 shares in the company, valued at approximately $2,189,100. This trade represents a 16.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Hans Erik Vestberg sold 200,000 shares of Verizon Communications stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $49.61, for a total value of $9,922,000.00. Following the completion of the transaction, the director owned 145,069 shares of the company’s stock, valued at approximately $7,196,873.09. The trade was a 57.96% decrease in their position. The SEC filing for this sale provides additional information. 0.03% of the stock is currently owned by company insiders.

Verizon Communications Profile

(Free Report)

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.