Verizon Communications Inc. $VZ Shares Sold by Wellington Management Group LLP

Posted by Geri Gentry on Sep 3rd, 2026

Verizon Communications logo Wellington Management Group LLP trimmed its holdings in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 26.2% during the second quarter, Holdings Channel reports. The firm owned 1,524,337 shares of the cell phone carrier’s stock after selling 541,593 shares during the quarter. Wellington Management Group LLP’s holdings in Verizon Communications were worth $64,540,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Robinswood Financial LLC bought a new stake in shares of Verizon Communications during the 1st quarter valued at about $27,000. Lam Group Inc. bought a new position in Verizon Communications in the first quarter worth about $28,000. Strengthening Families & Communities LLC boosted its stake in Verizon Communications by 490.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock valued at $26,000 after acquiring an additional 539 shares during the period. Sarver Vrooman Wealth Advisors grew its holdings in shares of Verizon Communications by 173.0% during the fourth quarter. Sarver Vrooman Wealth Advisors now owns 707 shares of the cell phone carrier’s stock valued at $29,000 after purchasing an additional 448 shares during the last quarter. Finally, Quattro Advisors LLC bought a new position in shares of Verizon Communications during the fourth quarter valued at approximately $30,000. 62.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. TD Cowen raised their price target on Verizon Communications from $54.00 to $56.00 and gave the stock a “buy” rating in a report on Monday, July 27th. Barclays upped their price objective on Verizon Communications from $45.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday, July 27th. Scotiabank increased their target price on Verizon Communications from $51.50 to $52.50 and gave the stock a “sector outperform” rating in a research report on Monday, July 27th. BNP Paribas Exane reduced their price target on shares of Verizon Communications from $46.00 to $44.00 and set a “neutral” rating for the company in a report on Tuesday, July 14th. Finally, Morgan Stanley upped their price target on shares of Verizon Communications from $50.00 to $52.00 and gave the stock an “equal weight” rating in a research report on Monday, July 27th. Eight equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $50.97.

Read Our Latest Research Report on VZ

Verizon Communications Stock Down 0.2%

VZ stock opened at $50.21 on Thursday. The firm’s 50-day moving average is $46.16 and its two-hundred day moving average is $47.45. The company has a current ratio of 0.60, a quick ratio of 0.57 and a debt-to-equity ratio of 1.36. The company has a market capitalization of $208.60 billion, a price-to-earnings ratio of 13.07, a price-to-earnings-growth ratio of 1.71 and a beta of 0.26. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68.

Verizon Communications (NYSE:VZ – Get Free Report) last posted its quarterly earnings data on Friday, July 24th. The cell phone carrier reported $1.30 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.03. The business had revenue of $34.25 billion for the quarter, compared to analyst estimates of $35.16 billion. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The business’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter last year, the business earned $1.22 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. On average, analysts forecast that Verizon Communications Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Buying and Selling at Verizon Communications

In related news, CEO Kyle Malady sold 1,100 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $50.50, for a total transaction of $55,550.00. Following the completion of the transaction, the chief executive officer owned 107,666 shares of the company’s stock, valued at $5,437,133. This trade represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,300 shares of company stock valued at $164,164 in the last ninety days. Corporate insiders own 0.03% of the company’s stock.

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.