Verizon Communications Inc. $VZ Stock Holdings Cut by King Luther Capital Management Corp

Posted by Geri Gentry on May 28th, 2026

Verizon Communications logo King Luther Capital Management Corp reduced its position in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 10.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 161,911 shares of the cell phone carrier’s stock after selling 18,138 shares during the quarter. King Luther Capital Management Corp’s holdings in Verizon Communications were worth $6,595,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blake Schutter Theil Wealth Advisors LLC boosted its stake in Verizon Communications by 3.8% during the 4th quarter. Blake Schutter Theil Wealth Advisors LLC now owns 6,305 shares of the cell phone carrier’s stock valued at $257,000 after purchasing an additional 233 shares in the last quarter. Triton Wealth Management PLLC boosted its stake in Verizon Communications by 2.6% during the 4th quarter. Triton Wealth Management PLLC now owns 9,257 shares of the cell phone carrier’s stock valued at $377,000 after purchasing an additional 234 shares in the last quarter. Clearstead Trust LLC boosted its stake in Verizon Communications by 2.5% during the 4th quarter. Clearstead Trust LLC now owns 9,788 shares of the cell phone carrier’s stock valued at $399,000 after purchasing an additional 240 shares in the last quarter. CWS Financial Advisors LLC boosted its stake in Verizon Communications by 1.7% during the 4th quarter. CWS Financial Advisors LLC now owns 14,891 shares of the cell phone carrier’s stock valued at $607,000 after purchasing an additional 246 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in Verizon Communications by 0.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 27,471 shares of the cell phone carrier’s stock valued at $1,119,000 after purchasing an additional 248 shares in the last quarter. 62.06% of the stock is owned by institutional investors.

More Verizon Communications News

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

Positive Sentiment: Verizon is part of a proposed satellite direct-to-device venture with AT&T and T-Mobile, a move that could help expand coverage, reduce dead zones, and improve emergency communications capabilities. T-Mobile Joins Rivals On Satellite Venture With Shares Below Targets
Positive Sentiment: Investor attention remains elevated after Verizon’s last earnings report, where the company beat EPS estimates, supporting confidence in its cash generation and wireless business. Why Is Verizon (VZ) Up 2.7% Since Last Earnings Report?
Neutral Sentiment: Verizon continues to show up on trader screens and stock-watch lists, suggesting the market is still focused on its upcoming catalysts rather than any single major new development. Here is What to Know Beyond Why Verizon Communications Inc. (VZ) is a Trending Stock
Neutral Sentiment: Sector commentary around 5G, AI connectivity, and telecom infrastructure may be giving Verizon some broader support, but these themes are more long-term than immediate stock-moving news. AI Can’t Reach the Real World Without These 3 Stocks
Neutral Sentiment: Articles discussing a broader fleet-telematics market expansion are not specific to Verizon, so any stock impact is likely indirect at best. Fleet Telematics Market Forecast

Analysts Set New Price Targets

VZ has been the subject of a number of research reports. Wells Fargo & Company increased their price target on Verizon Communications from $44.00 to $46.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Citigroup increased their price objective on Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Williams Trading set a $54.00 price objective on Verizon Communications in a research report on Monday, February 2nd. JPMorgan Chase & Co. increased their price objective on Verizon Communications from $49.00 to $52.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Finally, Weiss Ratings upgraded Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $50.59.

View Our Latest Report on VZ

Insider Activity

In other news, SVP Mary-Lee Stillwell sold 8,569 shares of the stock in a transaction 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 sale, the senior vice president owned 43,782 shares in the company, valued at $2,189,100. This represents a 16.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is owned by insiders.

Verizon Communications Price Performance

Shares of NYSE:VZ opened at $48.30 on Thursday. Verizon Communications Inc. has a one year low of $38.39 and a one year high of $51.68. The stock has a fifty day moving average of $48.01 and a 200-day moving average of $44.99. The company has a market capitalization of $201.70 billion, a PE ratio of 11.78, a price-to-earnings-growth ratio of 1.16 and a beta of 0.24. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64.

Verizon Communications (NYSE:VZ – Get Free Report) last announced its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 EPS 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 company had revenue of $34.44 billion during the quarter, compared to the consensus estimate of $34.82 billion. During the same quarter in the prior year, the firm earned $1.19 EPS. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. As a group, equities analysts anticipate that Verizon Communications Inc. will post 4.96 EPS for the current fiscal year.

About Verizon Communications

(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.