Sen. Gary C. Peters Buys Verizon Communications Inc. (NYSE:VZ) Stock

Senator Gary C. Peters (D-Michigan) recently bought shares of Verizon Communications Inc. (NYSE:VZ). In a filing disclosed on January 07th, the Senator disclosed that they had bought between $1,001 and $15,000 in Verizon Communications stock on December 12th.

Senator Gary C. Peters also recently made the following trade(s):

  • Sold $15,001 – $50,000 in shares of Intel (NASDAQ:INTC) on 12/12/2025.
  • Purchased $1,001 – $15,000 in shares of Conagra Brands (NYSE:CAG) on 11/14/2025.

Verizon Communications Stock Up 1.1%

VZ stock opened at $40.56 on Friday. The firm has a market cap of $171.00 billion, a price-to-earnings ratio of 8.67, a PEG ratio of 3.48 and a beta of 0.34. Verizon Communications Inc. has a 1-year low of $10.60 and a 1-year high of $47.35. The firm has a fifty day moving average price of $40.53 and a two-hundred day moving average price of $41.90. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.74 and a quick ratio of 0.69.

Verizon Communications (NYSE:VZGet Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The cell phone carrier reported $1.21 EPS for the quarter, beating the consensus estimate of $1.19 by $0.02. The business had revenue of $33.82 billion during the quarter, compared to analyst estimates of $34.19 billion. Verizon Communications had a net margin of 14.43% and a return on equity of 19.31%. The company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.19 EPS. Research analysts predict that Verizon Communications Inc. will post 4.69 EPS for the current year.

Verizon Communications Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 12th will be paid a dividend of $0.69 per share. The ex-dividend date is Monday, January 12th. This represents a $2.76 annualized dividend and a yield of 6.8%. Verizon Communications’s payout ratio is presently 58.97%.

Verizon Communications News Roundup

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

Wall Street Analyst Weigh In

VZ has been the subject of several recent research reports. JPMorgan Chase & Co. lowered their target price on Verizon Communications from $49.00 to $47.00 and set a “neutral” rating for the company in a report on Thursday, October 30th. Wall Street Zen downgraded Verizon Communications from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. Royal Bank Of Canada dropped their target price on Verizon Communications from $46.00 to $44.00 and set a “sector perform” rating on the stock in a research report on Thursday, October 30th. BNP Paribas Exane cut Verizon Communications from an “outperform” rating to a “neutral” rating and set a $44.00 target price on the stock. in a research note on Tuesday, October 21st. Finally, TD Cowen lowered their price target on shares of Verizon Communications from $56.00 to $51.00 and set a “buy” rating for the company in a research report on Thursday, October 30th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $47.47.

View Our Latest Stock Report on Verizon Communications

Institutional Investors Weigh In On Verizon Communications

Several institutional investors have recently bought and sold shares of the stock. Bulwark Capital Corp acquired a new position in shares of Verizon Communications during the second quarter valued at approximately $25,000. Advantage Trust Co boosted its stake in Verizon Communications by 549.5% during the 2nd quarter. Advantage Trust Co now owns 591 shares of the cell phone carrier’s stock valued at $26,000 after purchasing an additional 500 shares in the last quarter. TruNorth Capital Management LLC boosted its stake in Verizon Communications by 95.3% during the 3rd quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after purchasing an additional 305 shares in the last quarter. Holos Integrated Wealth LLC acquired a new position in shares of Verizon Communications during the 4th quarter valued at $28,000. Finally, Foster Dykema Cabot & Partners LLC bought a new stake in shares of Verizon Communications in the 3rd quarter worth $29,000. Institutional investors and hedge funds own 62.06% of the company’s stock.

About Senator Peters

Gary Peters (Democratic Party) is a member of the U.S. Senate from Michigan. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Peters (Democratic Party) ran for re-election to the U.S. Senate to represent Michigan. He won in the general election on November 3, 2020. Peters completed Ballotpedia’s Candidate Connection survey in 2020. Click here to read the survey answers. Peters was elected to the Senate in 2014. On May 1, 2013, Peters announced he would seek election to the United States Senate seat that was being vacated in 2014 by retiring Michigan Sen. Carl Levin. Peters ran unopposed in the Democratic primary on August 5, 2014, before he defeated Terri Lynn Land (R), Jim Fulner (Libertarian), Richard Matkin (U.S. Taxpayers), and Chris Wahmhoff (Green) in the general election on November 4, 2014. Peters was previously a member of the U.S. House of Representatives representing Michigan’s 9th Congressional District from 2009 to 2013 and Michigan’s 14th Congressional District from 2013 to 2015. He also served as Commissioner of the Michigan Lottery from 2003 to 2007. As of a 2014 analysis of multiple outside rankings, Peters is an average Democratic member of Congress, meaning he will vote with the Democratic Party on the majority of bills. On January 28, 2021, Senate Majority Leader Chuck Schumer (D-N.Y.) appointed Peters to head the Democratic Senatorial Campaign Committee for the 2022 campaign cycle. Peters was born in 1958 in Pontiac, Michigan. After graduating from Alma College in 1980, Peters went on to receive his M.B.A. from the University of Detroit and his J.D. from Wayne State University in 1985 and 1989, respectively. Prior to his political career, Peters worked as a professor and investment banker. He also served in the United States Naval Reserve from 1993 to 2000 and from 2001 to 2005.

About Verizon Communications

(Get Free Report)

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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