Verizon Communications Inc. $VZ Shares Sold by Tcfg Wealth Management LLC

Tcfg Wealth Management LLC lessened its holdings in Verizon Communications Inc. (NYSE:VZ) by 60.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,614 shares of the cell phone carrier’s stock after selling 25,060 shares during the period. Tcfg Wealth Management LLC’s holdings in Verizon Communications were worth $730,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VZ. McLean Asset Management Corp raised its position in shares of Verizon Communications by 2.9% during the 3rd quarter. McLean Asset Management Corp now owns 8,571 shares of the cell phone carrier’s stock worth $355,000 after purchasing an additional 243 shares during the last quarter. Red Spruce Capital LLC increased its position in Verizon Communications by 0.3% during the third quarter. Red Spruce Capital LLC now owns 71,541 shares of the cell phone carrier’s stock worth $3,144,000 after buying an additional 246 shares in the last quarter. Camden National Bank raised its holdings in shares of Verizon Communications by 4.6% in the second quarter. Camden National Bank now owns 5,666 shares of the cell phone carrier’s stock worth $245,000 after acquiring an additional 248 shares during the last quarter. Cascade Financial Partners LLC lifted its position in shares of Verizon Communications by 3.5% in the third quarter. Cascade Financial Partners LLC now owns 7,318 shares of the cell phone carrier’s stock valued at $322,000 after acquiring an additional 250 shares in the last quarter. Finally, Monetary Management Group Inc. lifted its position in shares of Verizon Communications by 0.8% in the second quarter. Monetary Management Group Inc. now owns 30,400 shares of the cell phone carrier’s stock valued at $1,315,000 after acquiring an additional 250 shares in the last quarter. 62.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VZ has been the subject of several analyst reports. Royal Bank Of Canada boosted their target price on shares of Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 3rd. Sanford C. Bernstein reissued a “market perform” rating and issued a $48.00 price objective on shares of Verizon Communications in a research report on Monday, February 2nd. Morgan Stanley upped their price objective on shares of Verizon Communications from $47.00 to $49.00 and gave the company an “equal weight” rating in a research note on Monday, February 2nd. KeyCorp restated a “sector weight” rating on shares of Verizon Communications in a research report on Monday, January 26th. Finally, Weiss Ratings raised shares of Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, Verizon Communications currently has a consensus rating of “Moderate Buy” and an average target price of $50.03.

Insider Buying and Selling at Verizon Communications

In related news, Director Hans Erik Vestberg sold 200,000 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $49.61, for a total value of $9,922,000.00. Following the transaction, the director directly owned 145,069 shares of the company’s stock, valued at approximately $7,196,873.09. This trade represents a 57.96% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Mary-Lee Stillwell sold 8,569 shares of Verizon Communications stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $50.00, for a total value of $428,450.00. Following the completion of the transaction, the senior vice president owned 43,782 shares in the company, valued at $2,189,100. The trade was a 16.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 218,148 shares of company stock worth $10,780,356 in the last quarter. 0.10% of the stock is owned by insiders.

Verizon Communications Stock Down 2.0%

VZ opened at $49.50 on Thursday. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $51.67. The business has a 50-day moving average of $46.02 and a two-hundred day moving average of $42.95. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.87. The stock has a market capitalization of $208.78 billion, a price-to-earnings ratio of 12.22, a price-to-earnings-growth ratio of 2.12 and a beta of 0.31.

Verizon Communications (NYSE:VZ) last announced its quarterly earnings data on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.03. Verizon Communications had a net margin of 12.43% and a return on equity of 19.03%. The business had revenue of $36.38 billion for the quarter, compared to analyst estimates of $36.20 billion. During the same period in the prior year, the firm posted $1.10 EPS. The company’s revenue was up 2.0% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. On average, research analysts expect that Verizon Communications Inc. will post 4.69 earnings per share for the current year.

Verizon Communications Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a $0.7075 dividend. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. The ex-dividend date is Friday, April 10th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 5.7%. Verizon Communications’s dividend payout ratio (DPR) is 68.15%.

Key Verizon Communications News

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

• Positive Sentiment: J.P. Morgan says near-term earnings headwinds are being offset by Verizon’s strategic fiber expansion, which supports medium-term growth prospects and helps justify a Hold rating. This highlights durable capital allocation toward higher-margin fiber that could underpin stable cash flow. Verizon Communications: Near-Term Earnings Headwinds Offset by Strategic Fiber Expansion, Justifying a Hold Rating
• Neutral Sentiment: New federal legislation (H.R.7752, the Kelsey Smith Act) would tighten requirements for emergency disclosure of device location data. Verizon may need process and systems updates; financial impact is unclear and likely limited to compliance costs unless the law changes operator liability or timelines materially. New Bill: Representative Derek Schmidt introduces H.R. 7752: Kelsey Smith Act
• Neutral Sentiment: Sector Q4 benchmarking pieces review Verizon’s recent results in context of wireless/cable peers. Useful for investors comparing execution and margins, but the writeup is largely descriptive rather than introducing new catalysts. Consumer Discretionary – Wireless, Cable and Satellite Stocks Q4 Results: Benchmarking Verizon (NYSE:VZ)
• Negative Sentiment: KeyBanc criticized Verizon’s new reporting structure (starting in Q1) as investor-unfriendly and said the disclosures reduce modeling transparency—this can increase uncertainty among quant and income investors who rely on detailed segment metrics. Reduced visibility often weighs on multiples for dividend-oriented stocks. KeyBanc Flags Verizon’s (VZ) New Reporting Structure as Investor-Unfriendly
• Negative Sentiment: Sen. Elizabeth Warren has questioned Verizon over recent layoffs and prior tax benefits, drawing political and reputational scrutiny that could bring regulatory or PR risk. That attention can pressure the stock if it prompts investigations or forces changes to workforce/cost plans. Verizon Faces Warren Scrutiny On Layoffs As Valuation Gap Draws Focus
• Negative Sentiment: A market note flagged Verizon’s share decline (larger than the market) in the latest session, reflecting investor reaction to the combined signals above (mixed analyst views, disclosure changes, and political scrutiny). Short-term sentiment appears negative as traders reprice uncertainty. Verizon Communications (VZ) Declines More Than Market: Some Information for Investors

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.