Rep. Julie Johnson Sells Off Shares of Verizon Communications Inc. (NYSE:VZ)

Representative Julie Johnson (D-Texas) recently sold shares of Verizon Communications Inc. (NYSE:VZ). In a filing disclosed on December 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Verizon Communications stock on November 13th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Cigna Group (NYSE:CI) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 11/13/2025.

Verizon Communications Trading Up 1.7%

VZ opened at $40.91 on Monday. The business has a 50 day simple moving average of $40.42 and a two-hundred day simple moving average of $42.24. The firm has a market capitalization of $172.49 billion, a price-to-earnings ratio of 8.74, a PEG ratio of 3.65 and a beta of 0.33. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.74 and a quick ratio of 0.69. Verizon Communications Inc. has a one year low of $37.58 and a one year high of $47.35.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings data on Wednesday, October 29th. The cell phone carrier reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.02. Verizon Communications had a return on equity of 19.31% and a net margin of 14.43%.The firm had revenue of $33.82 billion for the quarter, compared to analyst estimates of $34.19 billion. During the same period last year, the company earned $1.19 EPS. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Analysts predict that Verizon Communications Inc. will post 4.69 EPS for the current year.

Verizon Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 12th will be issued a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Monday, January 12th. Verizon Communications’s payout ratio is currently 58.97%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. TD Cowen reduced their price objective on shares of Verizon Communications from $56.00 to $51.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Weiss Ratings cut shares of Verizon Communications from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 24th. Morgan Stanley decreased their price target on shares of Verizon Communications from $48.00 to $47.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 10th. Scotiabank raised their price objective on shares of Verizon Communications from $50.50 to $51.00 and gave the stock a “sector perform” rating in a report on Thursday, October 30th. Finally, BNP Paribas downgraded Verizon Communications from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, Verizon Communications currently has a consensus rating of “Moderate Buy” and an average price target of $47.31.

Hedge Funds Weigh In On Verizon Communications

Several institutional investors and hedge funds have recently modified their holdings of VZ. Kestra Investment Management LLC boosted its stake in Verizon Communications by 121.8% during the first quarter. Kestra Investment Management LLC now owns 176,531 shares of the cell phone carrier’s stock worth $8,007,000 after buying an additional 96,931 shares during the period. Cadinha & Co. LLC raised its stake in shares of Verizon Communications by 2,916.8% in the second quarter. Cadinha & Co. LLC now owns 347,716 shares of the cell phone carrier’s stock valued at $15,046,000 after acquiring an additional 336,190 shares during the period. DekaBank Deutsche Girozentrale lifted its holdings in shares of Verizon Communications by 11.0% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 7,297,469 shares of the cell phone carrier’s stock worth $309,551,000 after acquiring an additional 722,559 shares during the last quarter. Element Capital Management LLC purchased a new position in shares of Verizon Communications during the 1st quarter worth about $2,799,000. Finally, Ritholtz Wealth Management grew its holdings in Verizon Communications by 23.8% during the 2nd quarter. Ritholtz Wealth Management now owns 205,416 shares of the cell phone carrier’s stock valued at $8,888,000 after purchasing an additional 39,445 shares during the last quarter. 62.06% of the stock is currently owned by institutional investors.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Verizon Communications Company Profile

Verizon Communications Inc, through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).