Kathmere Capital Management LLC Sells 10,295 Shares of Verizon Communications Inc. $VZ

Kathmere Capital Management LLC cut its position in Verizon Communications Inc. (NYSE:VZ) by 11.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,299 shares of the cell phone carrier’s stock after selling 10,295 shares during the quarter. Kathmere Capital Management LLC’s holdings in Verizon Communications were worth $3,189,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. TruNorth Capital Management LLC grew its holdings in shares of Verizon Communications by 95.3% during the third quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock worth $27,000 after purchasing an additional 305 shares during the last quarter. Holos Integrated Wealth LLC bought a new position in Verizon Communications in the 4th quarter valued at approximately $28,000. Foster Dykema Cabot & Partners LLC bought a new position in Verizon Communications in the 3rd quarter valued at approximately $29,000. Global Wealth Strategies & Associates boosted its position in Verizon Communications by 739.5% during the 3rd quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock worth $30,000 after buying an additional 599 shares during the period. Finally, Silicon Valley Capital Partners boosted its position in Verizon Communications by 52.4% during the 2nd quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock worth $34,000 after buying an additional 269 shares during the period. 62.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Verizon Communications

In other Verizon Communications news, Director Hans Erik Vestberg sold 200,000 shares of the company’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 sale, the director owned 145,069 shares of the company’s stock, valued at approximately $7,196,873.09. This represents a 57.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Joseph J. Russo sold 9,579 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $44.88, for a total value of $429,905.52. Following the sale, the executive vice president owned 44,045 shares of the company’s stock, valued at approximately $1,976,739.60. The trade was a 17.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 218,148 shares of company stock valued at $10,780,356. 0.10% of the stock is currently owned by insiders.

Verizon Communications Stock Performance

NYSE:VZ opened at $50.70 on Friday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.87 and a current ratio of 0.91. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68. The company has a 50 day simple moving average of $47.28 and a two-hundred day simple moving average of $43.22. The company has a market capitalization of $213.82 billion, a PE ratio of 12.52, a P/E/G ratio of 2.11 and a beta of 0.31.

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

Verizon Communications Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be issued a $0.7075 dividend. The ex-dividend date is Friday, April 10th. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.69. This represents a $2.83 annualized dividend and a yield of 5.6%. Verizon Communications’s dividend payout ratio (DPR) is presently 68.15%.

Verizon Communications News Roundup

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

• Positive Sentiment: Fractus patent settlement removes a lingering legal overhang, lowering litigation risk and clarifying cash‑flow expectations for Verizon. Fractus and Verizon settle patent litigation
• Positive Sentiment: Goldman Sachs and other analysts have raised price targets/issued upgrades, signaling institutional confidence and supporting short‑term upside. Verizon Receives a Vote of Confidence as Goldman Sachs Raises Price Target
• Positive Sentiment: Analysts have nudged fair‑value estimates modestly higher (example: an update to about $50.76), reflecting improved visibility on costs and subscriber trends. How The Verizon (VZ) Investment Story Is Shifting On Costs Transparency And Fair Value Estimates
• Positive Sentiment: Recent retail/investor writeups (MSN/Yahoo) highlight a bullish thesis around valuation (low trailing/forward P/E) and steady dividend profile, attracting buy interest. Is Verizon Communications Inc. (VZ) A Good Stock To Buy Now?
• Neutral Sentiment: Press coverage noted a small pullback in recent sessions, reflecting normal volatility as investors digest mixed signals rather than a new fundamental shift. Verizon Communications (VZ) Stock Sinks As Market Gains: Here’s Why
• Neutral Sentiment: Commentary on investor reaction to the Fractus settlement suggests the deal improves the risk profile but doesn’t materially change Verizon’s growth story. How Investors May Respond To Verizon (VZ) Settling Fractus Patent Dispute And Easing Legal Overhang
• Negative Sentiment: AT&T’s rollout of 5G coverage in NYC subway tunnels (with partners) is a competitive threat in dense urban markets that could pressure share gains and subscriber adds if it yields a clear customer advantage. AT&T 5G Powers New York’s Subway Connectivity: Will it Drive Revenues?
• Negative Sentiment: Reports on aggressive pricing and loyalty risks at rival carriers amplify the risk of promotional cycles that could pressure ARPU and churn. AT&T puts loyalty at risk with stern warning to customers

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on VZ shares. Scotiabank upgraded shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and upped their price target for the company from $50.25 to $54.50 in a research report on Monday, March 9th. Citigroup lifted their price target on shares of Verizon Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, March 20th. Barclays initiated coverage on shares of Verizon Communications in a research note on Thursday, January 22nd. They issued an “equal weight” rating and a $43.00 price objective on the stock. Williams Trading set a $54.00 price objective on Verizon Communications in a report on Monday, February 2nd. Finally, JPMorgan Chase & Co. raised their target price on Verizon Communications from $47.00 to $49.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.32.

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.