Security National Bank of Sioux City Iowa IA Boosts Stake in Verizon Communications Inc. $VZ

Security National Bank of Sioux City Iowa IA increased its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 33.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 63,011 shares of the cell phone carrier’s stock after acquiring an additional 15,714 shares during the period. Verizon Communications makes up approximately 1.1% of Security National Bank of Sioux City Iowa IA’s portfolio, making the stock its 28th biggest holding. Security National Bank of Sioux City Iowa IA’s holdings in Verizon Communications were worth $2,668,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VZ. Cornerstone Financial Management LLC boosted its position in shares of Verizon Communications by 6.2% during the 2nd quarter. Cornerstone Financial Management LLC now owns 3,568 shares of the cell phone carrier’s stock worth $151,000 after purchasing an additional 207 shares in the last quarter. RKL Wealth Management LLC increased its holdings in shares of Verizon Communications by 4.3% in the 1st quarter. RKL Wealth Management LLC now owns 5,338 shares of the cell phone carrier’s stock valued at $268,000 after purchasing an additional 218 shares in the last quarter. Manchester Financial Inc. lifted its stake in shares of Verizon Communications by 0.6% in the second quarter. Manchester Financial Inc. now owns 34,924 shares of the cell phone carrier’s stock valued at $1,479,000 after purchasing an additional 218 shares during the period. Strategic Investment Solutions Inc. IL boosted its holdings in Verizon Communications by 8.6% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 2,765 shares of the cell phone carrier’s stock worth $113,000 after buying an additional 219 shares in the last quarter. Finally, Frazier Financial Advisors LLC boosted its holdings in Verizon Communications by 32.7% during the first quarter. Frazier Financial Advisors LLC now owns 888 shares of the cell phone carrier’s stock worth $45,000 after buying an additional 219 shares in the last quarter. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Insider Activity

In related news, CEO Kyle Malady sold 1,100 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $49.98, for a total value of $54,978.00. Following the sale, the chief executive officer owned 106,566 shares of the company’s stock, valued at approximately $5,326,168.68. This represents a 1.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 4,400 shares of company stock worth $219,142. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Scotiabank upped their target price on shares of Verizon Communications from $51.50 to $52.50 and gave the stock a “sector outperform” rating in a research report on Monday, July 27th. Barclays boosted their price target on Verizon Communications from $45.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Monday, July 27th. Freedom Capital upgraded Verizon Communications to a “hold” rating in a report on Friday, June 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Verizon Communications in a research note on Wednesday, August 26th. Finally, TD Cowen lifted their price objective on Verizon Communications from $54.00 to $56.00 and gave the stock a “buy” rating in a report on Monday, July 27th. Eight investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, Verizon Communications presently has a consensus rating of “Hold” and a consensus target price of $50.97.

Key Verizon Communications News

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

• Positive Sentiment: Verizon continues to offer a substantial income return, maintaining its $0.7075 quarterly dividend, or $2.83 annualized. The next payment is scheduled for November 2, 2026. The roughly 5.6% yield may help support the shares among income-focused investors. Verizon’s Dividend Story: Reliable Income with Gradual Growth
• Positive Sentiment: Analysts and investors continue to point to Verizon’s turnaround under CEO Dan Schulman, with the Frontier Communications acquisition expanding its fiber broadband footprint. The company’s steady cash flow and telecommunications scale remain supportive of its valuation and dividend strategy. Is Verizon the Year’s Best Telecom Stock?
• Positive Sentiment: Verizon is launching Siyata PTT’s rugged SD7 Ultra 5G push-to-talk handset for mission-critical customers. The partnership broadens Verizon’s enterprise and public-safety communications offerings, although the near-term financial impact is likely limited. Siyata PTT and Verizon to Launch SD7 Ultra 5G Push-to-Talk Handset
• Neutral Sentiment: Apple’s higher iPhone 18 pricing could affect upgrade demand, trade-in values and customer financing economics across Verizon, AT&T and T-Mobile. The impact on Verizon is uncertain and depends on how customers respond to the increased device costs. How Apple’s iPhone 18 price increases impact your trade-in value
• Negative Sentiment: Verizon recently underperformed its telecommunications peers and fell while the broader market moved higher, indicating renewed investor caution. Earlier results also showed an earnings-per-share beat but revenue below expectations and a year-over-year revenue decline, highlighting ongoing growth concerns. Verizon Stock Falls Amid Market Uptick

Verizon Communications Price Performance

NYSE VZ traded down $0.26 during trading hours on Friday, reaching $48.07. The company’s stock had a trading volume of 45,484,229 shares, compared to its average volume of 27,448,422. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.57 and a current ratio of 0.60. The company’s 50-day moving average is $47.70 and its two-hundred day moving average is $47.54. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68. The stock has a market cap of $199.72 billion, a PE ratio of 12.52, a PEG ratio of 1.69 and a beta of 0.26.

Verizon Communications (NYSE:VZ) last announced its earnings results on Friday, July 24th. The cell phone carrier reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.03. Verizon Communications had a net margin of 11.64% and a return on equity of 19.48%. The company had revenue of $34.25 billion during the quarter, compared to analysts’ expectations of $35.16 billion. During the same quarter in the previous year, the business posted $1.22 earnings per share. The firm’s quarterly revenue was down .7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.990-5.040 EPS. Analysts forecast that Verizon Communications Inc. will post 5.03 EPS for the current year.

Verizon Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Friday, October 9th will be given a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a dividend yield of 5.9%. The ex-dividend date is Friday, October 9th. Verizon Communications’s payout ratio is currently 73.70%.

Verizon Communications Company Profile

Verizon Communications Inc is a telecommunications company that provides wireless communications, broadband, and related technology services. Its offerings include mobile voice and data plans, 5G connectivity, fixed wireless access, fiber-optic internet through Verizon Fios, home services, and connected-device solutions.

Through Verizon Business, the company serves enterprises, government agencies, and other organizations with communications networks, managed connectivity, cybersecurity, cloud and edge-computing services, unified communications, and Internet of Things solutions.