Comerica Bank Has $44.96 Million Stock Position in Verizon Communications Inc. $VZ

Comerica Bank reduced its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 4.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,023,051 shares of the cell phone carrier’s stock after selling 52,202 shares during the quarter. Comerica Bank’s holdings in Verizon Communications were worth $44,963,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of VZ. Brighton Jones LLC lifted its stake in Verizon Communications by 61.2% in the 4th quarter. Brighton Jones LLC now owns 43,986 shares of the cell phone carrier’s stock valued at $1,759,000 after purchasing an additional 16,704 shares during the last quarter. United Bank grew its stake in shares of Verizon Communications by 11.5% during the second quarter. United Bank now owns 7,843 shares of the cell phone carrier’s stock worth $339,000 after buying an additional 806 shares during the last quarter. Impax Asset Management Group plc bought a new stake in shares of Verizon Communications during the second quarter worth $1,430,000. Candriam S.C.A. increased its holdings in shares of Verizon Communications by 2.2% during the second quarter. Candriam S.C.A. now owns 422,583 shares of the cell phone carrier’s stock worth $18,286,000 after buying an additional 9,174 shares in the last quarter. Finally, Arvest Bank Trust Division acquired a new position in shares of Verizon Communications during the second quarter worth $699,000. 62.06% of the stock is owned by institutional investors and hedge funds.

Verizon Communications Price Performance

VZ stock opened at $51.36 on Friday. The company has a market capitalization of $216.60 billion, a P/E ratio of 12.68, a PEG ratio of 2.12 and a beta of 0.31. The company has a fifty day moving average price of $45.41 and a 200-day moving average price of $42.83. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.87 and a current ratio of 0.91. Verizon Communications Inc. has a 52-week low of $38.39 and a 52-week high of $51.67.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings data on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share for the quarter, topping the consensus estimate 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 net margin of 12.43% and a return on equity of 19.03%. Verizon Communications’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.10 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, equities analysts expect that Verizon Communications Inc. will post 4.69 EPS for the current year.

Verizon Communications Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Friday, April 10th. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s dividend payout ratio (DPR) is presently 68.15%.

Insider Buying and Selling at Verizon Communications

In other news, SVP Mary-Lee Stillwell sold 8,569 shares of the firm’s stock in a transaction dated 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 transaction, the senior vice president directly owned 43,782 shares in the company, valued at $2,189,100. This trade represents a 16.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Joseph J. Russo sold 9,579 shares of Verizon Communications stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $44.88, for a total value 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. This represents a 17.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 218,148 shares of company stock worth $10,780,356. Insiders own 0.10% of the company’s stock.

Verizon Communications News Summary

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

• Positive Sentiment: Q4/earnings + guidance — Verizon beat Q4 EPS estimates and set FY2026 EPS guidance of $4.90–$4.95, reinforcing cash flow and dividend coverage that investors prize. This underpins the stock’s recent upward move and supports dividend-focused buying. MarketBeat VZ overview
• Positive Sentiment: Analyst upgrade/price target lift — Oppenheimer set a new $56 price target on VZ, suggesting upside from current levels and giving investors confidence in consensus estimates and valuation support. Oppenheimer price target
• Positive Sentiment: Partnership/enterprise traction — Coverage of Kodiak AI’s milestones highlights expanded partnerships with Verizon, signaling enterprise & network monetization opportunities beyond core wireless services. That diversification can boost long-term revenue potential. Kodiak AI partnership mention
• Neutral Sentiment: Subscriber momentum — Analysts note solid postpaid phone adds and fixed wireless subscriber growth, which improve churn and lifetime value but have yet to fully translate into stronger service revenue growth. This is constructive for ARPU stability and churn metrics. Zacks subscriber growth article
• Negative Sentiment: Revenue ceiling risk — Despite subscriber gains, analysts and company commentary expect wireless service revenues to remain roughly flat near-term, which could cap share-price upside until service revenue or margin expansion resumes. Zacks revenue outlook
• Neutral Sentiment: Dividend/resilience narrative — Coverage highlighting Verizon as a high-yield, U.S.-focused defensive stock has driven demand from income-focused investors amid geopolitical volatility; this supports a higher valuation multiple relative to risk-off peers. MarketBeat dividend safe-haven piece

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on VZ. Weiss Ratings raised Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. Wells Fargo & Company upped their target price on Verizon Communications from $41.00 to $44.00 and gave the stock an “equal weight” rating in a report on Monday, February 2nd. Morgan Stanley increased their target price on Verizon Communications from $47.00 to $49.00 and gave the company an “equal weight” rating in a research report on Monday, February 2nd. JPMorgan Chase & Co. lifted their price target on Verizon Communications from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Tuesday, February 3rd. Finally, Oppenheimer boosted their price target on Verizon Communications from $50.00 to $56.00 and gave the stock an “outperform” rating in a report on Wednesday. One investment 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 stock. According to MarketBeat.com, Verizon Communications presently has an average rating of “Moderate Buy” and a consensus price target of $50.03.

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.