Canada Post Corp Registered Pension Plan Has $4.80 Million Position in Verizon Communications Inc. $VZ

Canada Post Corp Registered Pension Plan grew its stake in Verizon Communications Inc. (NYSE:VZ) by 66.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,896 shares of the cell phone carrier’s stock after acquiring an additional 44,241 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in Verizon Communications were worth $4,796,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of VZ. Brighton Jones LLC boosted its position in shares of Verizon Communications by 61.2% during the fourth quarter. Brighton Jones LLC now owns 43,986 shares of the cell phone carrier’s stock worth $1,759,000 after purchasing an additional 16,704 shares in the last quarter. Blair William & Co. IL raised its stake in Verizon Communications by 0.8% during the 2nd quarter. Blair William & Co. IL now owns 625,288 shares of the cell phone carrier’s stock worth $27,056,000 after buying an additional 4,964 shares during the period. Callan Family Office LLC lifted its holdings in Verizon Communications by 303.3% during the second quarter. Callan Family Office LLC now owns 57,389 shares of the cell phone carrier’s stock worth $2,483,000 after acquiring an additional 43,158 shares in the last quarter. Moseley Investment Management Inc. grew its stake in Verizon Communications by 3.3% in the second quarter. Moseley Investment Management Inc. now owns 43,273 shares of the cell phone carrier’s stock valued at $1,872,000 after acquiring an additional 1,371 shares during the period. Finally, Pinion Investment Advisors LLC increased its holdings in shares of Verizon Communications by 24.6% in the second quarter. Pinion Investment Advisors LLC now owns 6,675 shares of the cell phone carrier’s stock worth $289,000 after acquiring an additional 1,319 shares in the last quarter. Institutional investors own 62.06% of the company’s stock.

Key Stories Impacting Verizon Communications

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

• Positive Sentiment: Multiple analyst upgrades and bullish notes lifted momentum and helped extend the rally, with coverage citing higher target prices and “buy”/outperform views that attracted short‑term buyers. Verizon Communications (NYSE:VZ) Stock Price Up 1.6% After Analyst Upgrade
• Positive Sentiment: Income investors are re‑rating Verizon because it appears on multiple recent lists of high‑yield dividend picks, supporting steady demand from dividend/seeking portfolios. 3 High-Yield Dividend Stocks Perfect For Retirees
• Neutral Sentiment: Zacks highlighted VZ as a top‑ranked momentum stock under its style scores — this can draw quant/momentum flows but doesn’t guarantee fundamental change. Verizon Communications (VZ) is a Top-Ranked Momentum Stock: Should You Buy?
• Neutral Sentiment: Coverage of AST SpaceMobile and its 2026 launch targets (a partner/adjacent play for telecoms) is being watched for potential upside exposure, but execution risks keep this as an uncertain catalyst. Can SpaceX Rival AST SpaceMobile Meet Its 2026 Launch Targets? (VZ)
• Negative Sentiment: Verizon’s consumer‑unit CEO Sowmyanarayan Sampath is stepping down amid a companywide turnaround under new CEO Dan Schulman — management turnover raises near‑term execution and strategy questions for the core wireless business. Verizon’s Consumer Unit CEO Sowmyanarayan Sampath to Step Down
• Negative Sentiment: Verizon filed suit accusing T‑Mobile of false advertising — the legal fight could be a distraction and pose litigation costs, though it may also be intended to blunt competitive messaging. Verizon Wireless sues T-Mobile, alleges false advertising

Insider Activity

In other news, EVP Joseph J. Russo sold 9,579 shares of the 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 sale, the executive vice president owned 44,045 shares of the company’s stock, valued at approximately $1,976,739.60. This represents a 17.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on VZ shares. Weiss Ratings upgraded Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Morgan Stanley raised their target price on shares of Verizon Communications from $47.00 to $49.00 and gave the stock an “equal weight” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. upped their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the company a “neutral” rating in a report on Tuesday. Royal Bank Of Canada raised their price objective on shares of Verizon Communications from $44.00 to $48.00 and gave the stock a “sector perform” rating in a report on Tuesday. Finally, Barclays assumed coverage on shares of Verizon Communications in a research report on Thursday, January 22nd. They issued an “equal weight” rating and a $43.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $49.02.

Verizon Communications Stock Down 1.7%

Shares of VZ stock opened at $46.32 on Friday. The firm’s fifty day moving average price is $40.87 and its two-hundred day moving average price is $41.75. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 1.32. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $47.58. The firm has a market capitalization of $195.30 billion, a P/E ratio of 11.44, a PEG ratio of 1.99 and a beta of 0.33.

Verizon Communications (NYSE:VZ) last announced its quarterly earnings data on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.03. The company had revenue of $36.38 billion during the quarter, compared to analysts’ expectations of $36.20 billion. Verizon Communications had a return on equity of 19.03% and a net margin of 12.43%.Verizon Communications’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.10 EPS. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. On average, equities analysts predict that Verizon Communications Inc. will post 4.69 EPS for the current fiscal year.

Verizon Communications Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be given a dividend of $0.7075 per share. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend is Friday, April 10th. This represents a $2.83 annualized dividend and a dividend yield of 6.1%. Verizon Communications’s payout ratio is presently 68.15%.

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.