Osprey Private Wealth LLC Purchases 32,550 Shares of Verizon Communications Inc. $VZ

Osprey Private Wealth LLC increased its position in shares of Verizon Communications Inc. (NYSE:VZ) by 125.9% in the 4th quarter, HoldingsChannel reports. The firm owned 58,400 shares of the cell phone carrier’s stock after acquiring an additional 32,550 shares during the quarter. Osprey Private Wealth LLC’s holdings in Verizon Communications were worth $2,379,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of VZ. Strengthening Families & Communities LLC lifted its position in Verizon Communications by 490.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after purchasing an additional 539 shares during the period. Holos Integrated Wealth LLC bought a new stake in Verizon Communications during the fourth quarter worth about $28,000. Foster Dykema Cabot & Partners LLC bought a new stake in Verizon Communications during the third quarter worth about $29,000. EQ Wealth Advisors LLC bought a new stake in Verizon Communications during the fourth quarter worth about $29,000. Finally, Daytona Street Capital LLC bought a new stake in Verizon Communications during the fourth quarter worth about $33,000. Institutional investors own 62.06% of the company’s stock.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Verizon will have CEO Dan Schulman speak at two upcoming investor conferences, giving management a chance to outline strategy, answer questions on the business outlook, and potentially reinforce confidence in the company’s execution. Verizon to Speak at Upcoming Investor Conferences
• Positive Sentiment: Erste Group raised its FY2026 EPS estimate for Verizon to $4.96 from $4.92, signaling slightly better earnings expectations and suggesting analysts see stable fundamentals ahead. Verizon Communications (VZ) Surged from Excellent Execution
• Positive Sentiment: Verizon’s broader fiber expansion and buyback plans continue to support the investment case, as the company now has a larger fiber footprint and a $25 billion repurchase authorization that can help offset share dilution and support per-share metrics. Verizon Weighs Frontier Fiber Expansion Against Buybacks And Cost Cuts
• Neutral Sentiment: Verizon also confirmed a few hundred job cuts as part of an ongoing operational revamp. The move supports cost discipline, but it is not large enough on its own to materially change the near-term earnings outlook. Verizon cutting a few hundred jobs nationwide

Wall Street Analyst Weigh In

Several brokerages have commented on VZ. Erste Group Bank reissued a “hold” rating on shares of Verizon Communications in a research note on Tuesday, May 5th. Raymond James Financial reissued an “outperform” rating and set a $56.00 target price on shares of Verizon Communications in a research note on Thursday, March 12th. Sanford C. Bernstein reissued a “market perform” rating and set a $48.00 target price on shares of Verizon Communications in a research note on Monday, February 2nd. Weiss Ratings raised Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Finally, Wells Fargo & Company boosted their target price on Verizon Communications from $44.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. One investment 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $50.59.

Insider Buying and Selling

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

Verizon Communications Stock Up 0.2%

Shares of NYSE VZ opened at $47.21 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The company has a market cap of $197.12 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 0.99 and a beta of 0.24. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $51.68. The stock has a 50-day moving average price of $48.81 and a two-hundred day moving average price of $44.20.

Verizon Communications (NYSE:VZ) last issued its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $34.82 billion. During the same quarter in the previous year, the firm earned $1.19 earnings per share. The business’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. As a group, analysts forecast that Verizon Communications Inc. will post 4.96 earnings per share for the current fiscal year.

Verizon Communications 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.