Munich Reinsurance Co Stock Corp in Munich purchased a new position in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 201,412 shares of the cell phone carrier’s stock, valued at approximately $8,852,000.
Several other institutional investors have also recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. grew its stake in Verizon Communications by 4.3% in 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 acquiring an additional 13,787 shares during the last quarter. Stratos Wealth Partners LTD. boosted its holdings in shares of Verizon Communications by 14.0% during the third quarter. Stratos Wealth Partners LTD. now owns 379,174 shares of the cell phone carrier’s stock worth $16,665,000 after purchasing an additional 46,699 shares during the last quarter. Wedbush Securities Inc. grew its holdings in Verizon Communications by 18.4% in the 3rd quarter. Wedbush Securities Inc. now owns 140,981 shares of the cell phone carrier’s stock valued at $6,196,000 after buying an additional 21,915 shares during the period. Assetmark Inc. increased its position in Verizon Communications by 2.8% during the third quarter. Assetmark Inc. now owns 3,667,402 shares of the cell phone carrier’s stock worth $161,182,000 after purchasing an additional 99,400 shares during the last quarter. Finally, CWA Asset Management Group LLC raised its position in shares of Verizon Communications by 378.7% in the 3rd quarter. CWA Asset Management Group LLC now owns 93,732 shares of the cell phone carrier’s stock worth $4,120,000 after buying an additional 74,151 shares during the period. Institutional investors and hedge funds own 62.06% of the company’s stock.
Verizon Communications Stock Performance
Shares of Verizon Communications stock opened at $51.17 on Friday. The stock has a market cap of $215.82 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 2.14 and a beta of 0.31. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $51.41. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. The business has a fifty day simple moving average of $44.40 and a 200-day simple moving average of $42.60.
Verizon Communications Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a yield of 5.5%. The ex-dividend date is Friday, April 10th. This is an increase from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s dividend payout ratio is currently 68.15%.
Wall Street Analysts Forecast Growth
VZ has been the topic of a number of research reports. Scotiabank raised their target price on shares of Verizon Communications from $48.00 to $50.25 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. Morgan Stanley lifted their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Monday, February 2nd. Williams Trading set a $54.00 price objective on Verizon Communications in a research note on Monday, February 2nd. JPMorgan Chase & Co. raised their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Finally, 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. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $49.02.
Read Our Latest Research Report on VZ
More Verizon Communications News
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon showcased a 5G + edge computing proof?of?concept for vehicle?to?everything (V2X) with Aptiv and Wind River at MWC — a practical demo that highlights potential enterprise/edge revenue and differentiates Verizon’s network capabilities. Verizon Weighs V2X Growth Opportunities Against Sponsorship Cost Controls
- Positive Sentiment: Management is reviewing large sponsorship deals (including the NFL partnership) as part of cost controls — cutting hundreds of millions in marketing/sponsorship spend could improve margins and free cash flow if executed. Verizon (VZ) Reviewing NFL Partnership and Other Sponsorship Deals to Cut Costs
- Positive Sentiment: Analyst pieces point to durable operational momentum — subscriber gains, broadband growth and AI/telematics initiatives alongside recent quarterly beats and FY26 guidance underpin the stock’s strong YTD performance and support dividend coverage. Verizon Shares Rise 19.4% in a Year: Should You Invest Now?
- Neutral Sentiment: Market commentary is asking whether Verizon is fairly valued after a strong year?to?date run — this could prompt profit?taking or re?ratings but is not a company action. Is It Time To Reassess Verizon (VZ) After Its Strong Year To Date Share Price Run?
- Neutral Sentiment: Verizon will present at the Deutsche Bank Media, Internet & Telecom conference on March 10 — an opportunity for management to update investors but not itself a catalyst. Verizon to speak at Deutsche Bank Media, Internet & Telecom Conference on March 10
- Negative Sentiment: A recent major network outage left hundreds of thousands of customers without service — this raises short?term churn, reputational risk and could attract regulatory scrutiny if issues persist. AT&T vs. Verizon in 2026: Which Telecom Dividend Stock Is Actually Worth Owning?
Insider Buying and Selling
In other news, SVP Mary-Lee Stillwell sold 8,569 shares of the business’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 transaction of $428,450.00. Following the sale, the senior vice president directly owned 43,782 shares in the company, valued at approximately $2,189,100. The trade was a 16.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Joseph J. Russo sold 9,579 shares of the firm’s stock in a transaction dated 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 directly owned 44,045 shares of the company’s stock, valued at $1,976,739.60. The trade was a 17.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 218,148 shares of company stock valued at $10,780,356 over the last three months. 0.10% of the stock is 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.
Recommended Stories
- Five stocks we like better than Verizon Communications
- “I just bought 10,000 shares of a $5 stock…”
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- How JPMorgan’s $8,000 Gold Call Will Leave Most Retirement Accounts Behind
- Silver Is the New Oil—And the World’s Running Dry
- Nvidia CEO Issues Bold Tesla Call
Want to see what other hedge funds are holding VZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verizon Communications Inc. (NYSE:VZ – Free Report).
Receive News & Ratings for Verizon Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verizon Communications and related companies with MarketBeat.com's FREE daily email newsletter.
