Coldstream Capital Management Inc. Sells 20,207 Shares of Verizon Communications Inc. $VZ

Coldstream Capital Management Inc. lessened its stake in Verizon Communications Inc. (NYSE:VZ) by 9.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 186,594 shares of the cell phone carrier’s stock after selling 20,207 shares during the period. Coldstream Capital Management Inc.’s holdings in Verizon Communications were worth $7,600,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of Verizon Communications by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 379,402,347 shares of the cell phone carrier’s stock valued at $15,453,058,000 after acquiring an additional 5,497,598 shares during the period. State Street Corp grew its position in shares of Verizon Communications by 3.5% during the 3rd quarter. State Street Corp now owns 215,490,064 shares of the cell phone carrier’s stock valued at $9,470,788,000 after acquiring an additional 7,276,809 shares during the period. Northern Trust Corp grew its position in shares of Verizon Communications by 1.2% during the 3rd quarter. Northern Trust Corp now owns 45,265,695 shares of the cell phone carrier’s stock valued at $1,989,427,000 after acquiring an additional 557,576 shares during the period. Legal & General Group Plc grew its position in shares of Verizon Communications by 4.5% during the 3rd quarter. Legal & General Group Plc now owns 28,188,066 shares of the cell phone carrier’s stock valued at $1,238,866,000 after acquiring an additional 1,203,445 shares during the period. Finally, Invesco Ltd. grew its position in shares of Verizon Communications by 2.9% during the 3rd quarter. Invesco Ltd. now owns 22,592,460 shares of the cell phone carrier’s stock valued at $992,939,000 after acquiring an additional 646,537 shares during the period. Institutional investors own 62.06% of the company’s stock.

Key Stories Impacting Verizon Communications

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

• Positive Sentiment: Verizon is part of a proposed joint venture with AT&T and T-Mobile to eliminate mobile dead zones, a move that could strengthen coverage in underserved areas and support long-term wireless demand. Verizon (VZ), AT&T, and T-Mobile Form A Joint Venture to End Mobile Dead Zones Across the US
• Positive Sentiment: Verizon’s annual meeting results showed shareholders backed all nine director nominees and approved key management proposals, suggesting continued investor confidence in the company’s direction and governance. Verizon Announces Preliminary Shareholder Voting Results from 2026 Annual Meeting
• Positive Sentiment: Verizon was named California SBDC’s Corporate Small Business Champion of the Year, reinforcing its brand and relationships with small business customers, a valuable segment for wireless and connectivity services. California SBDC Names Verizon Corporate Small Business Champion of the Year
• Positive Sentiment: Recent commentary highlighting Verizon’s dividend strength and earnings momentum may be helping sentiment, with investors viewing VZ as a defensive income stock that can keep paying down debt and potentially repurchase shares. Verizon: A Bright Future With Growing Dividends
• Neutral Sentiment: Verizon’s new Motorola razr 2026 promotion and FIFA World Cup ticket giveaway are marketing initiatives that could support customer engagement, but they are not likely to move the stock on their own. The iconic flip meets incredible value: The new motorola razr 2026 joins Verizon’s lineup Verizon announces a massive ticket drop for FIFA World Cup 2026™
• Neutral Sentiment: Several third-party articles frame Verizon as an undervalued or top-ranked stock, which may reinforce bullish sentiment, but these are opinion pieces rather than direct business catalysts. Verizon Communications (VZ) is a Top-Ranked Momentum Stock: Should You Buy?

Verizon Communications Stock Up 0.3%

Shares of VZ stock opened at $48.43 on Friday. The stock has a market cap of $202.23 billion, a P/E ratio of 11.81, a PEG ratio of 1.15 and a beta of 0.24. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.38. The company’s fifty day simple moving average is $48.16 and its two-hundred day simple moving average is $44.77.

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, topping the consensus estimate of $1.21 by $0.07. The business had revenue of $34.44 billion for the quarter, compared to analysts’ expectations of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Analysts predict that Verizon Communications Inc. will post 4.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VZ. Dbs Bank downgraded shares of Verizon Communications from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Williams Trading set a $54.00 price objective on shares of Verizon Communications in a research report on Monday, February 2nd. Erste Group Bank reissued a “hold” rating on shares of Verizon Communications in a research report on Tuesday, May 5th. KeyCorp reissued a “sector weight” rating on shares of Verizon Communications in a research report on Monday, January 26th. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $48.00 price objective on shares of Verizon Communications in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $50.59.

Insider Buying and Selling at Verizon Communications

In other news, Director Hans Erik Vestberg sold 200,000 shares of the company’s stock in a transaction dated 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 directly owned 145,069 shares in the company, valued at approximately $7,196,873.09. This represents a 57.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $50.00, for a total transaction of $428,450.00. Following the sale, the senior vice president owned 43,782 shares in the company, valued at $2,189,100. This represents a 16.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.03% of the stock is owned by insiders.

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.