Barr E S & Co. bought a new stake in Verizon Communications Inc. (NYSE:VZ – Free Report) during the 4th quarter, Holdings Channel reports. The fund bought 12,511 shares of the cell phone carrier’s stock, valued at approximately $510,000.
Other hedge funds also recently modified their holdings of the company. Strengthening Families & Communities LLC lifted its holdings in shares of 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 purchasing an additional 539 shares in the last quarter. Holos Integrated Wealth LLC bought a new position in shares of Verizon Communications during the 4th quarter valued at about $28,000. Foster Dykema Cabot & Partners LLC bought a new position in shares of Verizon Communications during the 3rd quarter valued at about $29,000. EQ Wealth Advisors LLC bought a new position in shares of Verizon Communications during the 4th quarter valued at about $29,000. Finally, Daytona Street Capital LLC bought a new position in shares of Verizon Communications during the 4th quarter valued at about $33,000. Institutional investors and hedge funds own 62.06% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the company. Barclays lifted their price objective on Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a report on Tuesday, March 31st. Sanford C. Bernstein reiterated a “market perform” rating and set a $48.00 price objective on shares of Verizon Communications in a report on Monday, February 2nd. Erste Group Bank reiterated a “hold” rating on shares of Verizon Communications in a report on Tuesday, May 5th. Royal Bank Of Canada increased their target price on Verizon Communications from $44.00 to $48.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. increased their target price on Verizon Communications from $49.00 to $52.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, Verizon Communications currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.59.
Insiders Place Their Bets
In other Verizon Communications news, Director Hans Erik Vestberg sold 200,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the director owned 145,069 shares of the company’s stock, valued at $7,196,873.09. The trade was a 57.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $50.00, for a total value of $428,450.00. Following the transaction, the senior vice president directly owned 43,782 shares in the company, valued at $2,189,100. This trade represents a 16.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.03% of the company’s stock.
Verizon Communications News Roundup
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: The FCC approved Verizon’s $1 billion purchase of spectrum assets from U.S. Cellular, a move that should expand Verizon’s network capacity and coverage and strengthen its competitive position. FCC approves Verizon’s $1 billion spectrum purchase
- Positive Sentiment: Verizon joined AT&T and T-Mobile in a proposed satellite-based joint venture aimed at closing rural wireless dead zones, which could improve service quality, coverage reliability, and the industry’s long-term growth narrative. Verizon Joins Rivals On Satellite Venture Reshaping Coverage And Investor Focus
- Positive Sentiment: Verizon closed a $4 billion junior subordinated notes offering, which was framed as strengthening its capital structure and supporting refinancing/funding flexibility. Verizon Strengthens Capital Structure with $4 Billion Notes
- Positive Sentiment: A bullish piece highlighted Verizon as one of 2026’s top defensive picks, citing undervaluation, a well-covered dividend, and potential upside over the next year. Why Verizon Is One of Our Top Defensive Picks In 2026
- Neutral Sentiment: Several articles focused on Verizon’s competitive position versus T-Mobile, customer retention, and a customer-facing website blocking issue; these are more mixed in nature and do not clearly change the near-term investment case. T-Mobile vs. Verizon: Is It Time to Choose a New Carrier?
- Negative Sentiment: A report on new layoffs suggests Verizon is still pushing hard on cost cuts and restructuring, which may help margins but can also signal pressure on operations and demand. Verizon Announces New Layoffs as Cost-Cutting Continues Into 2026
- Negative Sentiment: One article warned that Verizon’s latest phone plan changes could push away customers, reinforcing concerns about churn in a highly competitive wireless market. Verizon’s latest phone plan change may drive away consumers
Verizon Communications Stock Performance
Shares of VZ stock opened at $46.44 on Friday. The company’s fifty day simple moving average is $48.46 and its 200-day simple moving average is $44.48. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.38. The firm has a market cap of $193.90 billion, a PE ratio of 11.33, a P/E/G ratio of 0.97 and a beta of 0.24. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $51.68.
Verizon Communications (NYSE:VZ – Get Free Report) last announced its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.07. The business had revenue of $34.44 billion for the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.19 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Equities research analysts expect that Verizon Communications Inc. will post 4.96 EPS for the current fiscal year.
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.
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