Americana Partners LLC lifted its stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 8.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 406,432 shares of the cell phone carrier’s stock after purchasing an additional 31,527 shares during the period. Americana Partners LLC’s holdings in Verizon Communications were worth $16,554,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of VZ. Vanguard Group Inc. lifted its holdings in Verizon Communications by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 379,402,347 shares of the cell phone carrier’s stock worth $15,453,058,000 after acquiring an additional 5,497,598 shares during the last quarter. State Street Corp lifted its holdings in Verizon Communications by 3.5% in the third quarter. State Street Corp now owns 215,490,064 shares of the cell phone carrier’s stock worth $9,470,788,000 after acquiring an additional 7,276,809 shares during the last quarter. Northern Trust Corp lifted its holdings in Verizon Communications by 1.2% in the third quarter. Northern Trust Corp now owns 45,265,695 shares of the cell phone carrier’s stock worth $1,989,427,000 after acquiring an additional 557,576 shares during the last quarter. Legal & General Group Plc lifted its holdings in Verizon Communications by 4.5% in the third quarter. Legal & General Group Plc now owns 28,188,066 shares of the cell phone carrier’s stock worth $1,238,866,000 after acquiring an additional 1,203,445 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in Verizon Communications by 2.9% in the third quarter. Invesco Ltd. now owns 22,592,460 shares of the cell phone carrier’s stock worth $992,939,000 after acquiring an additional 646,537 shares during the last quarter. Institutional investors own 62.06% of the company’s stock.
More 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 Trading Up 0.3%
Verizon Communications (NYSE:VZ – Get Free Report) last posted its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, beating the consensus estimate of $1.21 by $0.07. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The business had revenue of $34.44 billion for the quarter, compared to analysts’ expectations of $34.82 billion. During the same period in the previous year, the company posted $1.19 EPS. Verizon Communications’s revenue was up 2.7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. As a group, equities research analysts forecast that Verizon Communications Inc. will post 4.96 earnings per share for the current fiscal year.
Insider Buying and Selling at Verizon Communications
In other news, Director Hans Erik Vestberg sold 200,000 shares of the business’s stock in a transaction 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 transaction, the director directly owned 145,069 shares in the company, valued at $7,196,873.09. The trade was a 57.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $2,189,100. This represents a 16.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.03% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price target on Verizon Communications from $49.00 to $52.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Erste Group Bank reaffirmed a “hold” rating on shares of Verizon Communications in a report on Tuesday, May 5th. William Blair raised Verizon Communications to an “outperform” rating in a report on Monday, February 2nd. Evercore lifted their price target on Verizon Communications from $48.00 to $50.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. Finally, Dbs Bank cut Verizon Communications from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $50.59.
Check Out Our Latest Report on Verizon Communications
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.
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