44 Wealth Management LLC Sells 20,630 Shares of Verizon Communications Inc. $VZ

44 Wealth Management LLC lowered its stake in shares of Verizon Communications Inc. (NYSE:VZ) by 52.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,846 shares of the cell phone carrier’s stock after selling 20,630 shares during the quarter. 44 Wealth Management LLC’s holdings in Verizon Communications were worth $768,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Blake Schutter Theil Wealth Advisors LLC grew its position in Verizon Communications by 3.8% during the fourth quarter. Blake Schutter Theil Wealth Advisors LLC now owns 6,305 shares of the cell phone carrier’s stock valued at $257,000 after buying an additional 233 shares during the period. Triton Wealth Management PLLC grew its position in Verizon Communications by 2.6% during the fourth quarter. Triton Wealth Management PLLC now owns 9,257 shares of the cell phone carrier’s stock valued at $377,000 after buying an additional 234 shares during the period. Clearstead Trust LLC grew its position in Verizon Communications by 2.5% during the fourth quarter. Clearstead Trust LLC now owns 9,788 shares of the cell phone carrier’s stock valued at $399,000 after buying an additional 240 shares during the period. CWS Financial Advisors LLC grew its position in Verizon Communications by 1.7% during the fourth quarter. CWS Financial Advisors LLC now owns 14,891 shares of the cell phone carrier’s stock valued at $607,000 after buying an additional 246 shares during the period. Finally, Creative Financial Designs Inc. ADV boosted its position in Verizon Communications by 0.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 27,471 shares of the cell phone carrier’s stock worth $1,119,000 after purchasing an additional 248 shares during the period. Institutional investors own 62.06% of the company’s stock.

Key Verizon Communications News

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 Price Performance

VZ stock opened at $48.43 on Monday. The firm has a 50 day moving average of $48.16 and a 200-day moving average of $44.81. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. 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 P/E ratio of 11.81, a price-to-earnings-growth ratio of 1.15 and a beta of 0.24.

Verizon Communications (NYSE:VZ) last released its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.07. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company had revenue of $34.44 billion during the quarter, compared to analyst estimates of $34.82 billion. During the same period last year, the business earned $1.19 earnings per share. Verizon Communications’s revenue 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. As a group, sell-side analysts predict that Verizon Communications Inc. will post 4.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Mary-Lee Stillwell sold 8,569 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were 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 in the company, valued at approximately $2,189,100. This trade represents a 16.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Hans Erik Vestberg sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $49.61, for a total transaction of $9,922,000.00. Following the completion of the transaction, the director owned 145,069 shares of the company’s stock, valued at $7,196,873.09. This trade represents a 57.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.03% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on VZ shares. Evercore increased their target price on shares of Verizon Communications from $48.00 to $50.00 and gave the stock an “outperform” rating in a research report on Monday, February 2nd. Scotiabank upgraded shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and increased their target price for the stock from $50.25 to $54.50 in a research report on Monday, March 9th. Wells Fargo & Company increased their target price on shares of Verizon Communications from $44.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Williams Trading set a $54.00 target price on shares of Verizon Communications in a research report on Monday, February 2nd. Finally, KeyCorp reiterated a “sector weight” rating on shares of Verizon Communications in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $50.59.

Verizon Communications Company 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.