Choreo LLC Has $9.26 Million Stock Holdings in Verizon Communications Inc. $VZ

Choreo LLC raised its stake in Verizon Communications Inc. (NYSE:VZ) by 15.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 210,594 shares of the cell phone carrier’s stock after buying an additional 27,913 shares during the period. Choreo LLC’s holdings in Verizon Communications were worth $9,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Norges Bank bought a new position in Verizon Communications in the 2nd quarter valued at about $2,504,150,000. Vanguard Group Inc. grew its position in shares of Verizon Communications by 1.3% in the second quarter. Vanguard Group Inc. now owns 372,787,016 shares of the cell phone carrier’s stock valued at $16,130,494,000 after purchasing an additional 4,615,075 shares during the last quarter. State Street Corp increased its stake in shares of Verizon Communications by 2.1% during the second quarter. State Street Corp now owns 208,213,255 shares of the cell phone carrier’s stock worth $9,009,388,000 after purchasing an additional 4,205,449 shares during the period. California Public Employees Retirement System lifted its holdings in Verizon Communications by 21.5% during the 2nd quarter. California Public Employees Retirement System now owns 21,159,040 shares of the cell phone carrier’s stock worth $915,552,000 after purchasing an additional 3,743,892 shares during the last quarter. Finally, Laurel Wealth Advisors LLC boosted its stake in Verizon Communications by 4,274.6% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,917,508 shares of the cell phone carrier’s stock valued at $82,971,000 after purchasing an additional 1,873,675 shares during the period. 62.06% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Joseph J. Russo sold 9,579 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was 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 directly owned 44,045 shares in the company, valued at $1,976,739.60. This represents a 17.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Hans Erik Vestberg sold 200,000 shares of the business’s stock in a transaction dated 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 transaction, the director directly owned 145,069 shares of the company’s stock, valued at approximately $7,196,873.09. The trade was a 57.96% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by insiders.

Verizon Communications Trading Down 0.7%

Shares of Verizon Communications stock opened at $48.90 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $50.47. The company has a market capitalization of $206.24 billion, a price-to-earnings ratio of 12.07, a PEG ratio of 2.06 and a beta of 0.33. The firm’s 50-day moving average price is $43.13 and its two-hundred day moving average price is $42.33.

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

Verizon Communications Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be issued a dividend of $0.7075 per share. This is an increase 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 dividend on an annualized basis and a dividend yield of 5.8%. Verizon Communications’s payout ratio is presently 68.15%.

Analyst Ratings Changes

Several research firms have weighed in on VZ. TD Cowen lowered their price objective on Verizon Communications from $56.00 to $51.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Williams Trading set a $54.00 price target on shares of Verizon Communications in a research report on Monday, February 2nd. KeyCorp reiterated a “sector weight” rating on shares of Verizon Communications in a research note on Monday, January 26th. Citigroup boosted their price objective on shares of Verizon Communications from $48.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. Finally, William Blair raised shares of Verizon Communications to an “outperform” rating in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $49.02.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Verizon closed its Frontier asset acquisition and rolled out a transformation plan targeting several billion dollars in annual cost savings while integrating industry‑wide APIs via Aduna—moves that should expand fiber scale and improve margins. Verizon Reshapes Fiber, Costs And Enterprise Services With Frontier And Aduna
• Positive Sentiment: Aduna reached a milestone securing CAMARA‑compliant U.S. network API coverage with backing from AT&T, T‑Mobile and Verizon, strengthening Verizon’s ability to sell standardized network intelligence to large enterprises. Aduna Reaches Milestone as a Leading Provider of U.S. Network APIs
• Positive Sentiment: Analysts and outlets continue to highlight Verizon as a value/momentum/dividend name given recent performance, steady cash flow and yield — supporting investor interest from income and value buyers. Here’s Why Verizon Communications (VZ) is a Strong Value Stock
• Positive Sentiment: Industry reports highlight a growing 5G smart‑stadium and venue market where Verizon is listed among key players — reinforcing long‑term demand for Verizon’s 5G and edge services. Fifth Generation (5G)-Powered Smart Stadiums Analysis Report 2026-2035
• Neutral Sentiment: CEO Dan Schulman will speak at the Morgan Stanley TMT conference on March 2; the webcast could prompt volatility or new guidance commentary but is not expected to change fundamentals by itself. Verizon to speak at Morgan Stanley Technology, Media & Telecom Conference on March 2
• Neutral Sentiment: Coverage notes show modest analyst target‑price tweaks (around $49–$50), reflecting slight recalibration rather than a consensus re‑rating. How The Verizon Communications (VZ) Investment Narrative Is Shifting As Analysts Rework Price Targets
• Negative Sentiment: Short interest jumped ~34.8% in mid‑February to ~148.3M shares (~3.5% of float), increasing potential selling pressure and amplifying downside risk if momentum or headlines flip negative. (Short‑interest data reported 2/25/2026)

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.