Verizon Communications Inc. $VZ Shares Purchased by NewEdge Wealth LLC

NewEdge Wealth LLC boosted its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 185.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 95,853 shares of the cell phone carrier’s stock after purchasing an additional 62,219 shares during the period. NewEdge Wealth LLC’s holdings in Verizon Communications were worth $4,213,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in VZ. TruNorth Capital Management LLC increased its position in Verizon Communications by 95.3% in the 3rd quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after acquiring an additional 305 shares during the period. Global Wealth Strategies & Associates grew its stake in shares of Verizon Communications by 739.5% in the 3rd quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock valued at $30,000 after purchasing an additional 599 shares during the last quarter. Winnow Wealth LLC purchased a new position in shares of Verizon Communications in the 2nd quarter valued at approximately $34,000. Silicon Valley Capital Partners increased its holdings in shares of Verizon Communications by 52.4% in the second quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock valued at $34,000 after purchasing an additional 269 shares during the period. Finally, Richardson Capital Management LLC purchased a new stake in shares of Verizon Communications during the third quarter worth approximately $35,000. 62.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on VZ. Weiss Ratings upgraded shares of Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. KeyCorp restated a “sector weight” rating on shares of Verizon Communications in a research note on Monday, January 26th. JPMorgan Chase & Co. lifted their target price on shares of Verizon Communications from $47.00 to $49.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Williams Trading set a $54.00 price target on shares of Verizon Communications in a report on Monday, February 2nd. Finally, TD Cowen reduced their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $49.02.

Insider Transactions at Verizon Communications

In other Verizon Communications news, EVP Joseph J. Russo sold 9,579 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $44.88, for a total transaction of $429,905.52. Following the sale, the executive vice president directly owned 44,045 shares in the company, valued at approximately $1,976,739.60. The trade was a 17.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.10% of the company’s stock.

Verizon Communications News Summary

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

• Positive Sentiment: Daiwa Capital upgraded Verizon, a bullish broker action that likely helped lift sentiment and buying interest in the stock. Daiwa Capital upgrades Verizon Communications (VZ)
• Positive Sentiment: Brokerage coverage shows a constructive tilt: an aggregate “Moderate Buy” consensus helps validate demand among institutional investors and supports the stock’s rebound. Verizon Communications Inc. (NYSE:VZ) Receives Average Rating of “Moderate Buy” from Brokerages
• Positive Sentiment: Dividend-focused coverage is highlighting Verizon as a reliable income name this year, which can attract retail and institutional dividend-seeking flows that support the share price. Retirees Are Winning Big in 2026: 3 Popular Dividend Stocks Are Soaring
• Positive Sentiment: Underlying fundamentals remain supportive: Verizon beat Q4 revenue and EPS expectations and set FY2026 EPS guidance near $4.90–4.95, which gives investors confidence in cash flow and dividend coverage. (Company Q4 earnings release)
• Neutral Sentiment: Analysis pieces are debating whether the recent price rebound already reflects Verizon’s long‑term value — useful reading for investors weighing further entry points versus taking profits. Is Verizon (VZ) Pricing Reflect Long Term Value After Recent Share Price Rebound
• Negative Sentiment: Balance-sheet and liquidity metrics remain points of caution: debt-to-equity is elevated and current/quick ratios are below 1, which could constrain capital flexibility if macro or capex pressures rise.

Verizon Communications Stock Performance

NYSE:VZ opened at $49.24 on Friday. The firm’s fifty day simple moving average is $42.43 and its 200-day simple moving average is $42.14. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. The stock has a market cap of $207.70 billion, a PE ratio of 12.16, a price-to-earnings-growth ratio of 2.04 and a beta of 0.33. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $50.24.

Verizon Communications (NYSE:VZ) last released its quarterly earnings data on Friday, January 30th. The cell phone carrier reported $1.09 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 firm earned $1.10 earnings per share. The firm’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. Analysts expect that Verizon Communications Inc. will post 4.69 earnings per share for the current fiscal year.

Verizon Communications Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a $0.7075 dividend. This represents a $2.83 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Friday, April 10th. This is an increase from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s dividend payout ratio (DPR) is 69.88%.

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.