OLD National Bancorp IN Has $12.74 Million Holdings in Verizon Communications Inc. $VZ

OLD National Bancorp IN lowered its holdings in Verizon Communications Inc. (NYSE:VZ) by 5.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 312,667 shares of the cell phone carrier’s stock after selling 17,849 shares during the period. OLD National Bancorp IN’s holdings in Verizon Communications were worth $12,735,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. TruNorth Capital Management LLC raised its stake in Verizon Communications by 95.3% in the third quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after purchasing an additional 305 shares in the last quarter. Holos Integrated Wealth LLC acquired a new stake in shares of Verizon Communications during the 4th quarter worth approximately $28,000. Foster Dykema Cabot & Partners LLC bought a new stake in Verizon Communications during the third quarter worth $29,000. Daytona Street Capital LLC bought a new position in shares of Verizon Communications in the 4th quarter valued at $33,000. Finally, Accordant Advisory Group Inc raised its holdings in shares of Verizon Communications by 152.9% during the 4th quarter. Accordant Advisory Group Inc now owns 827 shares of the cell phone carrier’s stock worth $34,000 after buying an additional 500 shares in the last quarter. 62.06% of the stock is owned by institutional investors.

Verizon Communications Stock Up 2.3%

Shares of NYSE VZ opened at $47.06 on Thursday. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $51.68. 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 firm has a market cap of $196.70 billion, a PE ratio of 11.59, a P/E/G ratio of 1.19 and a beta of 0.29. The company’s fifty day simple moving average is $49.15 and its 200 day simple moving average is $43.76.

Verizon Communications (NYSE:VZ) last released its quarterly earnings data on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share (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 net margin of 12.43% and a return on equity of 19.03%. The business’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.10 EPS. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, sell-side analysts forecast that Verizon Communications Inc. will post 4.9 earnings per share for the current fiscal year.

Verizon Communications Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a dividend of $0.7075 per share. The ex-dividend date of this dividend 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 dividend yield of 6.0%. Verizon Communications’s payout ratio is currently 69.88%.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Dividend reliability attracts income investors — Barron’s highlights Verizon’s ~4.4% yield as a steady, lower-volatility telecom holding, supporting demand from dividend-focused funds and long-term income buyers. AT&T vs. Verizon vs. T-Mobile: Why This 4.4% Yield Is the Steadiest Bet in Telecom.
• Neutral Sentiment: Earnings event in focus — Verizon confirmed its Q1 2026 earnings/webcast on April 27; the report will be the key near-term catalyst for the stock as investors look for revenue, wireless trends, and fiber progress. Verizon to report first-quarter earnings on April 27, 2026
• Neutral Sentiment: Market prep and estimates — preview pieces (Yahoo Finance, Zacks) urge investors to focus on key metrics (wireless service revenue, broadband/fiber growth, Frontier integration) ahead of Q1; expectations are mixed and will frame the stock’s immediate move. Verizon to Report Q1 Earnings: How to Approach the Stock Now?
• Negative Sentiment: Industry competition and near-term headwinds — previews note that intensifying competition (wireless pricing and fiber buildouts) could limit upside in the quarter even as longer-term 5G and fiber investments continue. Verizon to Report Q1 Earnings: How to Approach the Stock Now?
• Negative Sentiment: Partner and vendor execution risks — AST SpaceMobile’s recent launch mishap and resulting share drop highlight third-party deployment risks for space-based services; any dependency or perceived tie to similar projects can spook investors. AST SpaceMobile Drops 15% After Blue Origin Satellite Mishap (VZ)
• Negative Sentiment: Insider selling and institutional repositioning — recent Quiver/GlobeNewswire data show notable insider sales and large institutional trimming by some big holders, which can weigh on sentiment even if other institutions add exposure. Verizon Communications Inc. Schedules First-Quarter 2026 Earnings Report and Webcast

Insider Activity at Verizon Communications

In other Verizon Communications news, EVP Joseph J. Russo sold 9,579 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $44.88, for a total transaction of $429,905.52. Following the completion of the sale, the executive vice president 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 document filed with the SEC, which can be accessed through the SEC website. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the business’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 sale, the senior vice president directly owned 43,782 shares of the company’s stock, valued at approximately $2,189,100. The trade was a 16.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 218,148 shares of company stock valued at $10,780,356. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on VZ. Evercore raised their target price on shares of Verizon Communications from $48.00 to $50.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Wells Fargo & Company raised their target price on Verizon Communications from $41.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Monday, February 2nd. Raymond James Financial reiterated an “outperform” rating and issued a $56.00 target price on shares of Verizon Communications in a report on Thursday, March 12th. Royal Bank Of Canada upped their price objective on shares of Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 3rd. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $48.00 target price on shares of Verizon Communications in a report on Monday, February 2nd. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $50.56.

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.