First National Trust Co reduced its position in Verizon Communications Inc. (NYSE:VZ – Free Report) by 16.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 205,857 shares of the cell phone carrier’s stock after selling 41,351 shares during the quarter. First National Trust Co’s holdings in Verizon Communications were worth $8,385,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Foster Dykema Cabot & Partners LLC bought a new position in shares of Verizon Communications during the third quarter valued at approximately $29,000. Strengthening Families & Communities LLC grew its holdings in shares of Verizon Communications by 490.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock valued at $26,000 after purchasing an additional 539 shares during the last quarter. Holos Integrated Wealth LLC bought a new position in shares of Verizon Communications during the fourth quarter valued at approximately $28,000. EQ Wealth Advisors LLC bought a new position in shares of Verizon Communications during the fourth quarter valued at approximately $29,000. Finally, Richardson Capital Management LLC bought a new position in shares of Verizon Communications during the third quarter valued at approximately $35,000. 62.06% of the stock is owned by institutional investors.
Insider Buying and Selling
In related news, Director Hans Erik Vestberg sold 200,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was 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 directly owned 145,069 shares of the company’s stock, valued at $7,196,873.09. This represents a 57.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $50.00, for a total value of $428,450.00. Following the completion of the transaction, the senior vice president directly owned 43,782 shares of the company’s stock, valued at $2,189,100. This trade represents a 16.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.03% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Report on Verizon Communications
Trending Headlines about Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Verizon is part of a proposed joint venture with AT&T and T-Mobile to eliminate mobile dead zones, a move that could strengthen coverage in underserved areas and support long-term wireless demand. Verizon (VZ), AT&T, and T-Mobile Form A Joint Venture to End Mobile Dead Zones Across the US
- Positive Sentiment: Verizon’s annual meeting results showed shareholders backed all nine director nominees and approved key management proposals, suggesting continued investor confidence in the company’s direction and governance. Verizon Announces Preliminary Shareholder Voting Results from 2026 Annual Meeting
- Positive Sentiment: Verizon was named California SBDC’s Corporate Small Business Champion of the Year, reinforcing its brand and relationships with small business customers, a valuable segment for wireless and connectivity services. California SBDC Names Verizon Corporate Small Business Champion of the Year
- Positive Sentiment: Recent commentary highlighting Verizon’s dividend strength and earnings momentum may be helping sentiment, with investors viewing VZ as a defensive income stock that can keep paying down debt and potentially repurchase shares. Verizon: A Bright Future With Growing Dividends
- Neutral Sentiment: Verizon’s new Motorola razr 2026 promotion and FIFA World Cup ticket giveaway are marketing initiatives that could support customer engagement, but they are not likely to move the stock on their own. The iconic flip meets incredible value: The new motorola razr 2026 joins Verizon’s lineup Verizon announces a massive ticket drop for FIFA World Cup 2026™
- Neutral Sentiment: Several third-party articles frame Verizon as an undervalued or top-ranked stock, which may reinforce bullish sentiment, but these are opinion pieces rather than direct business catalysts. Verizon Communications (VZ) is a Top-Ranked Momentum Stock: Should You Buy?
Verizon Communications Stock Performance
Shares of VZ stock opened at $48.43 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 $202.23 billion, a price-to-earnings ratio of 11.81, a price-to-earnings-growth ratio of 1.15 and a beta of 0.24. The business has a 50 day simple moving average of $48.16 and a 200 day simple moving average of $44.77. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61.
Verizon Communications (NYSE:VZ – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, topping 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 period in the prior year, the company 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. On average, equities research analysts anticipate that Verizon Communications Inc. will post 4.96 EPS for the current year.
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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