Verizon Communications Inc. $VZ Shares Sold by Twin Capital Management Inc.

Twin Capital Management Inc. lowered its position in shares of Verizon Communications Inc. (NYSE:VZ) by 19.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,209 shares of the cell phone carrier’s stock after selling 24,965 shares during the quarter. Twin Capital Management Inc.’s holdings in Verizon Communications were worth $4,668,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VZ. Hudock Inc. raised its position in shares of Verizon Communications by 0.6% in the second quarter. Hudock Inc. now owns 39,842 shares of the cell phone carrier’s stock valued at $1,724,000 after buying an additional 238 shares during the last quarter. McLean Asset Management Corp grew its stake in Verizon Communications by 2.9% during the 3rd quarter. McLean Asset Management Corp now owns 8,571 shares of the cell phone carrier’s stock valued at $355,000 after acquiring an additional 243 shares in the last quarter. Red Spruce Capital LLC lifted its stake in Verizon Communications by 0.3% in the 3rd quarter. Red Spruce Capital LLC now owns 71,541 shares of the cell phone carrier’s stock worth $3,144,000 after purchasing an additional 246 shares in the last quarter. Camden National Bank boosted its holdings in shares of Verizon Communications by 4.6% during the 2nd quarter. Camden National Bank now owns 5,666 shares of the cell phone carrier’s stock worth $245,000 after purchasing an additional 248 shares during the last quarter. Finally, FRG Family Wealth Advisors LLC boosted its holdings in shares of Verizon Communications by 1.8% during the 2nd quarter. FRG Family Wealth Advisors LLC now owns 14,517 shares of the cell phone carrier’s stock worth $628,000 after purchasing an additional 250 shares during the last quarter. 62.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VZ has been the subject of several recent research reports. BNP Paribas Exane cut Verizon Communications from an “outperform” rating to a “neutral” rating and set a $44.00 price target for the company. in a report on Tuesday, October 21st. KeyCorp reaffirmed a “sector weight” rating on shares of Verizon Communications in a research note on Monday, January 26th. Scotiabank lifted their price target on Verizon Communications from $48.00 to $50.25 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. TD Cowen dropped their price objective on shares of Verizon Communications from $56.00 to $51.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Verizon Communications from $47.00 to $49.00 and gave the stock a “neutral” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $49.02.

Insider Buying and Selling at Verizon Communications

In related news, EVP Joseph J. Russo sold 9,579 shares of the business’s stock in a transaction 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.10% of the company’s stock.

Verizon Communications Trading Down 1.7%

Shares of VZ stock opened at $46.32 on Friday. Verizon Communications Inc. has a 1-year low of $38.39 and a 1-year high of $47.58. The firm has a market cap of $195.30 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 1.99 and a beta of 0.33. The company has a 50-day moving average of $40.87 and a two-hundred day moving average of $41.75. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.87.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings data on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, topping the consensus estimate of $1.06 by $0.03. The firm had revenue of $36.38 billion for the quarter, compared to analyst estimates 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 for the quarter was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.10 EPS. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. On average, analysts predict that Verizon Communications Inc. will post 4.69 EPS for the current year.

Verizon Communications Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be paid a $0.7075 dividend. 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. This represents a $2.83 dividend on an annualized basis and a dividend yield of 6.1%. Verizon Communications’s payout ratio is presently 68.15%.

Verizon Communications News Roundup

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

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.