Signal Advisors Wealth LLC grew its stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 44.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,503 shares of the cell phone carrier’s stock after acquiring an additional 10,348 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Verizon Communications were worth $1,365,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. McLean Asset Management Corp lifted its position in Verizon Communications by 2.9% during the third quarter. McLean Asset Management Corp now owns 8,571 shares of the cell phone carrier’s stock valued at $355,000 after purchasing an additional 243 shares during the period. Red Spruce Capital LLC grew its position in Verizon Communications by 0.3% in the 3rd quarter. Red Spruce Capital LLC now owns 71,541 shares of the cell phone carrier’s stock worth $3,144,000 after purchasing an additional 246 shares during the period. Cascade Financial Partners LLC raised its stake in Verizon Communications by 3.5% during the 3rd quarter. Cascade Financial Partners LLC now owns 7,318 shares of the cell phone carrier’s stock valued at $322,000 after buying an additional 250 shares during the last quarter. Monetary Management Group Inc. raised its stake in Verizon Communications by 0.8% during the 2nd quarter. Monetary Management Group Inc. now owns 30,400 shares of the cell phone carrier’s stock valued at $1,315,000 after buying an additional 250 shares during the last quarter. Finally, Centurion Wealth Management LLC lifted its holdings in shares of Verizon Communications by 4.1% during the 3rd quarter. Centurion Wealth Management LLC now owns 6,490 shares of the cell phone carrier’s stock valued at $285,000 after buying an additional 254 shares during the period. 62.06% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on VZ. William Blair upgraded Verizon Communications to an “outperform” rating in a research note on Monday, February 2nd. KeyCorp reissued a “sector weight” rating on shares of Verizon Communications in a report on Monday, January 26th. Barclays assumed coverage on Verizon Communications in a research report on Thursday, January 22nd. They issued an “equal weight” rating and a $43.00 target price on the stock. Sanford C. Bernstein restated a “market perform” rating and set a $48.00 price target on shares of Verizon Communications in a research note on Monday, February 2nd. Finally, JPMorgan Chase & Co. upped their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Verizon Communications has a consensus rating of “Moderate Buy” and a consensus price target of $50.32.
Insider Transactions at Verizon Communications
In related 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 completion of the transaction, the executive vice president directly owned 44,045 shares in the company, valued at approximately $1,976,739.60. The trade was a 17.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $50.00, for a total transaction of $428,450.00. Following the completion of the sale, the senior vice president directly owned 43,782 shares of the company’s stock, valued at $2,189,100. This represents a 16.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 218,148 shares of company stock valued at $10,780,356 over the last quarter. 0.10% of the stock is currently owned by company insiders.
Key Stories Impacting Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Fractus patent settlement removes a lingering legal overhang, lowering litigation risk and clarifying cash?flow expectations for Verizon. Fractus and Verizon settle patent litigation
- Positive Sentiment: Goldman Sachs and other analysts have raised price targets/issued upgrades, signaling institutional confidence and supporting short?term upside. Verizon Receives a Vote of Confidence as Goldman Sachs Raises Price Target
- Positive Sentiment: Analysts have nudged fair?value estimates modestly higher (example: an update to about $50.76), reflecting improved visibility on costs and subscriber trends. How The Verizon (VZ) Investment Story Is Shifting On Costs Transparency And Fair Value Estimates
- Positive Sentiment: Recent retail/investor writeups (MSN/Yahoo) highlight a bullish thesis around valuation (low trailing/forward P/E) and steady dividend profile, attracting buy interest. Is Verizon Communications Inc. (VZ) A Good Stock To Buy Now?
- Neutral Sentiment: Press coverage noted a small pullback in recent sessions, reflecting normal volatility as investors digest mixed signals rather than a new fundamental shift. Verizon Communications (VZ) Stock Sinks As Market Gains: Here’s Why
- Neutral Sentiment: Commentary on investor reaction to the Fractus settlement suggests the deal improves the risk profile but doesn’t materially change Verizon’s growth story. How Investors May Respond To Verizon (VZ) Settling Fractus Patent Dispute And Easing Legal Overhang
- Negative Sentiment: AT&T’s rollout of 5G coverage in NYC subway tunnels (with partners) is a competitive threat in dense urban markets that could pressure share gains and subscriber adds if it yields a clear customer advantage. AT&T 5G Powers New York’s Subway Connectivity: Will it Drive Revenues?
- Negative Sentiment: Reports on aggressive pricing and loyalty risks at rival carriers amplify the risk of promotional cycles that could pressure ARPU and churn. AT&T puts loyalty at risk with stern warning to customers
Verizon Communications Trading Up 0.6%
Shares of VZ stock opened at $50.70 on Friday. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68. The firm has a fifty day moving average price of $47.28 and a 200-day moving average price of $43.22. 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 company has a market cap of $213.82 billion, a price-to-earnings ratio of 12.52, a PEG ratio of 2.11 and a beta of 0.31.
Verizon Communications (NYSE:VZ – Get Free Report) last announced its earnings results on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.03. The company had revenue of $36.38 billion for 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 period last year, the firm earned $1.10 EPS. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, equities analysts predict that Verizon Communications Inc. will post 4.69 earnings per share for the current year.
Verizon Communications Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be given a $0.7075 dividend. The ex-dividend date is Friday, April 10th. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.69. This represents a $2.83 dividend on an annualized basis and a yield of 5.6%. Verizon Communications’s dividend payout ratio (DPR) is currently 68.15%.
About Verizon Communications
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
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