1,314,891 Shares in Verizon Communications Inc. $VZ Purchased by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in Verizon Communications Inc. (NYSE:VZ) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,314,891 shares of the cell phone carrier’s stock, valued at approximately $53,556,000.

A number of other institutional investors have also recently bought and sold shares of VZ. State Street Corp increased its stake in Verizon Communications by 3.5% in the 3rd quarter. State Street Corp now owns 215,490,064 shares of the cell phone carrier’s stock worth $9,470,788,000 after purchasing an additional 7,276,809 shares in the last quarter. Vanguard Group Inc. increased its stake in Verizon Communications by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 379,402,347 shares of the cell phone carrier’s stock worth $15,453,058,000 after purchasing an additional 5,497,598 shares in the last quarter. Capital World Investors increased its stake in Verizon Communications by 51.1% in the 3rd quarter. Capital World Investors now owns 14,512,228 shares of the cell phone carrier’s stock worth $637,812,000 after purchasing an additional 4,905,101 shares in the last quarter. Danske Bank A S purchased a new position in Verizon Communications in the 3rd quarter worth about $161,346,000. Finally, AQR Capital Management LLC increased its stake in Verizon Communications by 50.4% in the 3rd quarter. AQR Capital Management LLC now owns 8,848,766 shares of the cell phone carrier’s stock worth $385,983,000 after purchasing an additional 2,965,033 shares in the last quarter. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Mary-Lee Stillwell sold 8,569 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $50.00, for a total value of $428,450.00. Following the completion of the sale, the senior vice president directly owned 43,782 shares in the company, valued at approximately $2,189,100. The trade was a 16.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.03% of the company’s stock.

Verizon Communications Trading Down 0.4%

Shares of NYSE VZ opened at $48.03 on Friday. The stock has a market cap of $200.56 billion, a price-to-earnings ratio of 11.71, a PEG ratio of 1.15 and a beta of 0.24. The business has a 50 day simple moving average of $47.96 and a 200 day simple moving average of $45.05. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64.

Verizon Communications (NYSE:VZ) last announced its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, beating the consensus estimate of $1.21 by $0.07. The business had revenue of $34.44 billion during the quarter, compared to analysts’ expectations of $34.82 billion. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, research analysts predict that Verizon Communications Inc. will post 4.96 earnings per share for the current fiscal year.

More Verizon Communications News

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

• Positive Sentiment: Verizon shareholders approved the company’s 2026 long-term incentive plan at the annual meeting, a sign of continued support for management’s compensation and retention framework. Verizon Shareholders Approve 2026 Long-Term Incentive Plan
• Positive Sentiment: Investor articles highlighted Verizon as a sub-$50 cash-flow and dividend-style stock that can still look attractive even with elevated Treasury yields, reinforcing the appeal of its steady earnings and income profile. The Sub-$50 Institutional Cash-Flow Machine That Remains Attractive Despite High Risk Free Yields
• Positive Sentiment: Coverage noting Verizon has been trading in the green for multiple sessions and remains a trending stock suggests improving near-term sentiment around the shares. Verizon trades in green for the seventh session
• Positive Sentiment: Analyst-style articles also pointed to Verizon’s role in the growing 5G and AI connectivity theme, which can support the bull case for longer-term revenue opportunities. AI Can’t Reach the Real World Without These 3 Stocks

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on VZ shares. Erste Group Bank reissued a “hold” rating on shares of Verizon Communications in a research note on Tuesday, May 5th. Citigroup increased their price target on shares of Verizon Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, March 20th. William Blair raised shares of Verizon Communications to an “outperform” rating in a research report on Monday, February 2nd. Evercore increased their price target on shares of Verizon Communications from $48.00 to $50.00 and gave the stock an “outperform” rating in a research report on Monday, February 2nd. Finally, Raymond James Financial reissued an “outperform” rating and issued a $56.00 price target on shares of Verizon Communications in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $50.59.

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.