ABN Amro Investment Solutions Buys 93,292 Shares of Verizon Communications Inc. $VZ

ABN Amro Investment Solutions increased its stake in shares of Verizon Communications Inc. (NYSE:VZ) by 19.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 562,951 shares of the cell phone carrier’s stock after purchasing an additional 93,292 shares during the period. ABN Amro Investment Solutions’ holdings in Verizon Communications were worth $22,929,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VZ. SBI Securities Co. Ltd. lifted its position in Verizon Communications by 4.3% during the third quarter. SBI Securities Co. Ltd. now owns 335,856 shares of the cell phone carrier’s stock valued at $14,761,000 after purchasing an additional 13,787 shares during the last quarter. Avanza Fonder AB lifted its holdings in shares of Verizon Communications by 5.6% in the 4th quarter. Avanza Fonder AB now owns 331,962 shares of the cell phone carrier’s stock worth $13,521,000 after acquiring an additional 17,495 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Verizon Communications by 14.0% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 379,174 shares of the cell phone carrier’s stock worth $16,665,000 after acquiring an additional 46,699 shares during the last quarter. Econ Financial Services Corp lifted its holdings in shares of Verizon Communications by 23.5% in the 4th quarter. Econ Financial Services Corp now owns 78,172 shares of the cell phone carrier’s stock worth $3,184,000 after acquiring an additional 14,862 shares during the last quarter. Finally, Wedbush Securities Inc. lifted its holdings in shares of Verizon Communications by 18.4% in the 3rd quarter. Wedbush Securities Inc. now owns 140,981 shares of the cell phone carrier’s stock worth $6,196,000 after acquiring an additional 21,915 shares during the last quarter. Institutional investors own 62.06% of the company’s stock.

Verizon Communications Trading Up 0.1%

VZ stock opened at $47.80 on Thursday. The company has a market capitalization of $199.57 billion, a PE ratio of 11.66, a P/E/G ratio of 1.00 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. The firm’s 50-day moving average is $48.26 and its 200 day moving average is $44.69. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61.

Verizon Communications (NYSE:VZ) last posted its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, topping the consensus estimate of $1.21 by $0.07. The company had revenue of $34.44 billion for the quarter, compared to the consensus estimate 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 was up 2.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, research analysts anticipate that Verizon Communications Inc. will post 4.96 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on VZ. JPMorgan Chase & Co. raised their target price on shares of Verizon Communications from $49.00 to $52.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Williams Trading set a $54.00 target price on shares of Verizon Communications in a report on Monday, February 2nd. Weiss Ratings upgraded shares of Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. Oppenheimer raised their target price on shares of Verizon Communications from $50.00 to $56.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Finally, Royal Bank Of Canada raised their target price on shares of Verizon Communications from $44.00 to $48.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $50.59.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Verizon highlighted stronger consumer traction in its latest earnings commentary, including postpaid phone growth and broadband gains, which supports the view that its core wireless business is stabilizing. Verizon Earnings Call Highlights Turnaround Momentum
• Positive Sentiment: Verizon, along with AT&T and T-Mobile, is advancing a satellite connectivity joint venture aimed at eliminating dead zones, a strategic move that could improve network coverage and long-term competitive positioning. Verizon to redeem debt securities on June 20, 2026
• Positive Sentiment: Verizon announced it will redeem about $1.3 billion of notes on June 20, signaling active debt management that may be viewed favorably by income-oriented investors. Verizon to redeem debt securities on June 20, 2026
• Neutral Sentiment: Verizon also announced the winner of its first Frontline App Developer Challenge, underscoring innovation in public safety and emergency response, but the near-term financial impact appears limited. Verizon champions the innovators of tomorrow, names winner of Verizon Frontline App Developer Challenge
• Neutral Sentiment: Verizon’s latest industry cybersecurity report drew attention to a surge in AI-driven social engineering and vulnerability exploitation, highlighting Verizon’s security expertise but not directly changing fundamentals. AI-related data breaches surpass stolen credentials in cyber incidents, Verizon report says

Insider Activity

In other Verizon Communications news, SVP Mary-Lee Stillwell sold 8,569 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $50.00, for a total transaction of $428,450.00. Following the transaction, the senior vice president owned 43,782 shares of the company’s stock, valued at approximately $2,189,100. This trade represents a 16.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Hans Erik Vestberg sold 200,000 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 145,069 shares in the company, valued at $7,196,873.09. This trade represents a 57.96% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.03% of the company’s stock.

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.