Moneco Advisors LLC reduced its stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 39.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,112 shares of the cell phone carrier’s stock after selling 18,670 shares during the quarter. Moneco Advisors LLC’s holdings in Verizon Communications were worth $1,145,000 as of its most recent filing with the SEC.
Other hedge funds have also modified their holdings of the company. SBI Securities Co. Ltd. grew its stake in Verizon Communications by 4.3% during the 3rd quarter. SBI Securities Co. Ltd. now owns 335,856 shares of the cell phone carrier’s stock valued at $14,761,000 after purchasing an additional 13,787 shares in the last quarter. Avanza Fonder AB grew its stake in Verizon Communications by 5.6% during the 4th quarter. Avanza Fonder AB now owns 331,962 shares of the cell phone carrier’s stock valued at $13,521,000 after purchasing an additional 17,495 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in shares of Verizon Communications by 14.0% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 379,174 shares of the cell phone carrier’s stock worth $16,665,000 after acquiring an additional 46,699 shares in the last quarter. Econ Financial Services Corp grew its position in shares of Verizon Communications by 23.5% in the 4th quarter. Econ Financial Services Corp now owns 78,172 shares of the cell phone carrier’s stock worth $3,184,000 after acquiring an additional 14,862 shares in the last quarter. Finally, Wedbush Securities Inc. grew its position in shares of Verizon Communications by 18.4% in the 3rd quarter. Wedbush Securities Inc. now owns 140,981 shares of the cell phone carrier’s stock worth $6,196,000 after acquiring an additional 21,915 shares in the last quarter. 62.06% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, Director Hans Erik Vestberg sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $49.61, for a total transaction 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. The trade was a 57.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the business’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 value of $428,450.00. Following the transaction, the senior vice president owned 43,782 shares of the company’s stock, valued at $2,189,100. This represents a 16.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.03% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Research Report on Verizon Communications
Verizon Communications Trading Down 0.4%
NYSE:VZ opened at $47.03 on Friday. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $51.68. The firm has a market capitalization of $196.39 billion, a P/E ratio of 11.47, a P/E/G ratio of 0.99 and a beta of 0.24. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61. The business has a 50 day simple moving average of $48.56 and a 200 day simple moving average of $44.47.
Verizon Communications (NYSE:VZ – Get Free Report) last released its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (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 business had revenue of $34.44 billion during the quarter, compared to analyst estimates of $34.82 billion. During the same quarter in the previous year, the firm posted $1.19 EPS. The business’s revenue for the quarter 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. Equities research analysts predict that Verizon Communications Inc. will post 4.96 EPS for the current year.
Key Verizon Communications News
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: The FCC approved Verizon’s $1 billion spectrum purchase from U.S. Cellular, removing a key regulatory hurdle and supporting Verizon’s efforts to expand network capacity and coverage. FCC approves Verizon’s $1 billion spectrum purchase
- Positive Sentiment: Verizon also launched a $4 billion junior subordinated notes offering and related debt exchange/tender activity, which suggests management is actively restructuring and extending its capital profile to improve financial flexibility. Verizon Strengthens Capital Structure with $4 Billion Notes
- Positive Sentiment: Verizon, AT&T, and T-Mobile said they plan to form a joint venture to improve rural coverage using satellite-based technology, a move that could improve service quality and reduce long-term coverage gaps. US wireless carriers to launch joint venture to address rural dead zones
- Neutral Sentiment: Verizon announced additional layoffs as part of a broader cost-cutting and AI automation push, which may help margins but also signals ongoing restructuring pressure. Verizon Announces New Layoffs as Cost-Cutting Continues Into 2026
- Negative Sentiment: Investor concern remains around Verizon’s heavy debt load and the need for repeated capital-structure changes, which can raise questions about balance-sheet risk even as the company refinances and reorganizes its obligations. Verizon Debt Moves Reshape Capital Structure And Investor Risk Profile
- Negative Sentiment: Some commentary also points to customer-retention pressure and plan changes that could drive churn, offsetting the more constructive news on spectrum and network expansion. Verizon’s latest phone plan change may drive away consumers
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.
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