Kingsview Wealth Management LLC Raises Stock Position in Verizon Communications Inc. $VZ

Kingsview Wealth Management LLC lifted its position in Verizon Communications Inc. (NYSE:VZ) by 21.7% in the fourth quarter, Holdings Channel reports. The firm owned 163,411 shares of the cell phone carrier’s stock after buying an additional 29,105 shares during the period. Kingsview Wealth Management LLC’s holdings in Verizon Communications were worth $6,656,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of VZ. Smith Chas P & Associates PA Cpas raised its holdings in shares of Verizon Communications by 20.2% in the 4th quarter. Smith Chas P & Associates PA Cpas now owns 16,890 shares of the cell phone carrier’s stock valued at $688,000 after purchasing an additional 2,835 shares in the last quarter. Severin Investments LLC boosted its stake in shares of Verizon Communications by 34.3% during the fourth quarter. Severin Investments LLC now owns 11,625 shares of the cell phone carrier’s stock valued at $473,000 after purchasing an additional 2,967 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc boosted its stake in shares of Verizon Communications by 23.8% during the fourth quarter. Texas Capital Bank Wealth Management Services Inc now owns 60,224 shares of the cell phone carrier’s stock valued at $2,453,000 after purchasing an additional 11,591 shares in the last quarter. Geode Capital Management LLC increased its holdings in Verizon Communications by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 102,632,509 shares of the cell phone carrier’s stock valued at $4,168,080,000 after buying an additional 867,694 shares during the period. Finally, Knights of Columbus Asset Advisors LLC raised its stake in Verizon Communications by 5.1% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 108,214 shares of the cell phone carrier’s stock worth $4,408,000 after buying an additional 5,245 shares in the last quarter. 62.06% of the stock is owned by institutional investors.

Insider Buying and Selling at Verizon Communications

In other news, SVP Mary-Lee Stillwell sold 8,569 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was 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 of the company’s stock, valued at approximately $2,189,100. This trade represents a 16.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

VZ has been the topic of several recent research reports. William Blair raised Verizon Communications to an “outperform” rating in a research report on Monday, February 2nd. Oppenheimer lifted their target price on Verizon Communications from $50.00 to $56.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Erste Group Bank reissued a “hold” rating on shares of Verizon Communications in a research report on Tuesday, May 5th. Sanford C. Bernstein restated a “market perform” rating and issued a $48.00 price target on shares of Verizon Communications in a report on Monday, February 2nd. Finally, Citigroup increased their target price on shares of Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, March 20th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, Verizon Communications presently has an average rating of “Moderate Buy” and a consensus price target of $50.59.

Verizon Communications Trading Down 0.4%

Shares of NYSE:VZ opened at $48.03 on Friday. The business has a 50-day moving average price of $47.96 and a 200-day moving average price of $45.05. 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. 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.

Verizon Communications (NYSE:VZ) last released its 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 firm 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%.Verizon Communications’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Equities analysts predict that Verizon Communications Inc. will post 4.96 EPS for the current year.

Verizon Communications News Summary

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

About Verizon Communications

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.