Arbejdsmarkedets Tillaegspension Buys Shares of 579,446 Verizon Communications Inc. $VZ

Arbejdsmarkedets Tillaegspension bought a new stake in shares of Verizon Communications Inc. (NYSE:VZ) during the 4th quarter, Holdings Channel.com reports. The fund bought 579,446 shares of the cell phone carrier’s stock, valued at approximately $23,601,000.

Several other hedge funds and other institutional investors have also bought and sold shares of VZ. Strengthening Families & Communities LLC boosted its position in Verizon Communications by 490.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock valued at $26,000 after acquiring an additional 539 shares in the last quarter. Holos Integrated Wealth LLC bought a new stake in Verizon Communications during the 4th quarter valued at $28,000. Foster Dykema Cabot & Partners LLC bought a new stake in Verizon Communications during the 3rd quarter valued at $29,000. EQ Wealth Advisors LLC bought a new stake in Verizon Communications during the 4th quarter valued at $29,000. Finally, Daytona Street Capital LLC purchased a new stake in shares of Verizon Communications during the 4th quarter valued at $33,000. 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: The FCC approved Verizon’s $1 billion spectrum purchase from U.S. Cellular, removing a key regulatory hurdle and supporting Verizon’s efforts to expand network capacity and coverage. FCC approves Verizon’s $1 billion spectrum purchase
• Positive Sentiment: Verizon also launched a $4 billion junior subordinated notes offering and related debt exchange/tender activity, which suggests management is actively restructuring and extending its capital profile to improve financial flexibility. Verizon Strengthens Capital Structure with $4 Billion Notes
• Positive Sentiment: Verizon, AT&T, and T-Mobile said they plan to form a joint venture to improve rural coverage using satellite-based technology, a move that could improve service quality and reduce long-term coverage gaps. US wireless carriers to launch joint venture to address rural dead zones
• Neutral Sentiment: Verizon announced additional layoffs as part of a broader cost-cutting and AI automation push, which may help margins but also signals ongoing restructuring pressure. Verizon Announces New Layoffs as Cost-Cutting Continues Into 2026
• Negative Sentiment: Investor concern remains around Verizon’s heavy debt load and the need for repeated capital-structure changes, which can raise questions about balance-sheet risk even as the company refinances and reorganizes its obligations. Verizon Debt Moves Reshape Capital Structure And Investor Risk Profile
• Negative Sentiment: Some commentary also points to customer-retention pressure and plan changes that could drive churn, offsetting the more constructive news on spectrum and network expansion. Verizon’s latest phone plan change may drive away consumers

Analyst Upgrades and Downgrades

Several brokerages have recently commented on VZ. Wells Fargo & Company increased their price objective on Verizon Communications from $44.00 to $46.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Erste Group Bank reiterated a “hold” rating on shares of Verizon Communications in a report on Tuesday, May 5th. KeyCorp reiterated a “sector weight” rating on shares of Verizon Communications in a report on Monday, January 26th. Morgan Stanley increased their price objective on Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Finally, Williams Trading set a $54.00 price objective on Verizon Communications in a report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $50.59.

Verizon Communications Stock Performance

Shares of VZ stock opened at $47.03 on Friday. The firm has a market capitalization of $196.39 billion, a price-to-earnings ratio of 11.47, a price-to-earnings-growth ratio of 0.99 and a beta of 0.24. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61. The business has a fifty day moving average of $48.56 and a 200 day moving average of $44.47. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68.

Verizon Communications (NYSE:VZ) last issued its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.07. The company had revenue of $34.44 billion during the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the business posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. As a group, research analysts expect that Verizon Communications Inc. will post 4.96 earnings per share for the current year.

Insider Activity

In other Verizon Communications news, Director Hans Erik Vestberg sold 200,000 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $49.61, for a total transaction of $9,922,000.00. Following the sale, the director directly owned 145,069 shares of the company’s stock, valued at approximately $7,196,873.09. This trade represents a 57.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $50.00, for a total value of $428,450.00. Following the sale, the senior vice president directly owned 43,782 shares in the company, valued at $2,189,100. This represents a 16.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.03% of the stock is currently owned by company insiders.

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.