Fulton Bank N.A. Sells 22,546 Shares of Verizon Communications Inc. $VZ

Fulton Bank N.A. cut its position in Verizon Communications Inc. (NYSE:VZ) by 14.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 135,182 shares of the cell phone carrier’s stock after selling 22,546 shares during the period. Fulton Bank N.A.’s holdings in Verizon Communications were worth $5,506,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. McLean Asset Management Corp increased its position in shares of Verizon Communications by 2.9% in the 3rd quarter. McLean Asset Management Corp now owns 8,571 shares of the cell phone carrier’s stock valued at $355,000 after buying an additional 243 shares in the last quarter. Red Spruce Capital LLC lifted its holdings in Verizon Communications by 0.3% during the third quarter. Red Spruce Capital LLC now owns 71,541 shares of the cell phone carrier’s stock worth $3,144,000 after acquiring an additional 246 shares in the last quarter. Camden National Bank lifted its holdings in Verizon Communications by 4.6% during the second quarter. Camden National Bank now owns 5,666 shares of the cell phone carrier’s stock worth $245,000 after acquiring an additional 248 shares in the last quarter. Cascade Financial Partners LLC grew its stake in Verizon Communications by 3.5% in the third quarter. Cascade Financial Partners LLC now owns 7,318 shares of the cell phone carrier’s stock valued at $322,000 after acquiring an additional 250 shares during the period. Finally, Monetary Management Group Inc. grew its stake in Verizon Communications by 0.8% in the second quarter. Monetary Management Group Inc. now owns 30,400 shares of the cell phone carrier’s stock valued at $1,315,000 after acquiring an additional 250 shares during the period. 62.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

VZ has been the topic of a number of research analyst reports. Raymond James Financial reaffirmed an “outperform” rating and set a $56.00 price target on shares of Verizon Communications in a research report on Thursday, March 12th. Wells Fargo & Company boosted their price objective on Verizon Communications from $41.00 to $44.00 and gave the company an “equal weight” rating in a research report on Monday, February 2nd. KeyCorp reissued a “sector weight” rating on shares of Verizon Communications in a research note on Monday, January 26th. William Blair upgraded shares of Verizon Communications to an “outperform” rating in a report on Monday, February 2nd. Finally, Morgan Stanley lifted their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the company an “equal weight” rating in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $50.32.

Verizon Communications Trading Up 1.2%

Shares of NYSE:VZ opened at $50.08 on Monday. The company’s 50-day moving average price is $46.39 and its two-hundred day moving average price is $43.03. Verizon Communications Inc. has a one year low of $38.39 and a one year high of $51.67. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.87. The stock has a market capitalization of $211.24 billion, a PE ratio of 12.37, a price-to-earnings-growth ratio of 2.09 and a beta of 0.30.

Verizon Communications (NYSE:VZ) last announced its quarterly earnings data on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.03. The company had revenue of $36.38 billion during the quarter, compared to analysts’ expectations of $36.20 billion. Verizon Communications had a return on equity of 19.03% and a net margin of 12.43%.Verizon Communications’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.10 EPS. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. On average, equities analysts forecast that Verizon Communications Inc. will post 4.69 EPS for the current fiscal 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 given a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a yield of 5.7%. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend is Friday, April 10th. Verizon Communications’s payout ratio is currently 68.15%.

Key Stories Impacting Verizon Communications

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

• Positive Sentiment: Citigroup raised its price target on VZ to $55 and initiated/maintained a “buy” stance, signaling analyst conviction and providing upside guidance that likely supported buying interest earlier in the session. Citigroup raises VZ price target to $55
• Positive Sentiment: Zacks published a piece highlighting Verizon as a “strong momentum stock” using its style scores, which can attract momentum and quant-focused buyers. Here’s Why Verizon Communications (VZ) is a Strong Momentum Stock
• Neutral Sentiment: Comparative coverage (AT&T vs. Verizon) discusses 5G and fiber growth and valuation differences — useful for investors evaluating sector allocation and relative upside but not a direct catalyst. AT&T vs. Verizon: Which Telecom Stock Has Better Upside Now?
• Neutral Sentiment: Zacks also published an AT&T vs. Verizon comparison with similar takeaways on network investment and valuation trade-offs — helpful context for longer-term positioning. AT&T vs. Verizon: Which Telecom Stock Has Better Upside Now?
• Neutral Sentiment: Investor-focused reviews and primers (e.g., The Motley Fool) reiterate VZ’s scale, heavy capex and leverage profile — factors that support stable cash flow and dividends but cap upside for some investors. Verizon Stock in 2026: What Every Investor Needs to Know
• Neutral Sentiment: Coverage of a new dividend-focused ETF and broader yield plays is peripheral but can influence income-seeking flows into telecom stocks like VZ. You Already Own SCHD. This New ETF Pays Twice the Yield With One Simple Swap
• Negative Sentiment: UBS moved VZ to a “hold,” a more cautious stance that can temper upside and weigh on sentiment among more conservative institutional holders. Verizon (VZ) Gets a Hold from UBS
• Negative Sentiment: Zacks noted a recent intraday decline in VZ’s share price in prior sessions, a reminder that short-term volatility has been present despite recent analyst support. Verizon Communications (VZ) Declines More Than Market

Insider Buying and Selling at Verizon Communications

In other Verizon Communications news, EVP Joseph J. Russo sold 9,579 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $44.88, for a total transaction of $429,905.52. Following the transaction, the executive vice president owned 44,045 shares of the company’s stock, valued at $1,976,739.60. The trade was a 17.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the company’s 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 sale, the senior vice president owned 43,782 shares in the company, valued at approximately $2,189,100. This represents a 16.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 218,148 shares of company stock worth $10,780,356 over the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

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.