Foundations Investment Advisors LLC Buys 62,461 Shares of Verizon Communications Inc. $VZ

Foundations Investment Advisors LLC boosted its stake in shares of Verizon Communications Inc. (NYSE:VZ) by 19.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 383,281 shares of the cell phone carrier’s stock after acquiring an additional 62,461 shares during the period. Foundations Investment Advisors LLC’s holdings in Verizon Communications were worth $15,611,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VZ. SBI Securities Co. Ltd. boosted its holdings in shares of Verizon Communications by 4.3% in the 3rd quarter. SBI Securities Co. Ltd. now owns 335,856 shares of the cell phone carrier’s stock valued at $14,761,000 after purchasing an additional 13,787 shares in the last quarter. Avanza Fonder AB boosted its holdings in shares of Verizon Communications by 5.6% in the 4th quarter. Avanza Fonder AB now owns 331,962 shares of the cell phone carrier’s stock valued at $13,521,000 after purchasing an additional 17,495 shares in the last quarter. Stratos Wealth Partners LTD. boosted its holdings in shares of Verizon Communications by 14.0% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 379,174 shares of the cell phone carrier’s stock valued at $16,665,000 after purchasing an additional 46,699 shares in the last quarter. Econ Financial Services Corp boosted its holdings in shares of Verizon Communications by 23.5% in the 4th quarter. Econ Financial Services Corp now owns 78,172 shares of the cell phone carrier’s stock valued at $3,184,000 after purchasing an additional 14,862 shares in the last quarter. Finally, Wedbush Securities Inc. boosted its holdings in shares of Verizon Communications by 18.4% in the 3rd quarter. Wedbush Securities Inc. now owns 140,981 shares of the cell phone carrier’s stock valued at $6,196,000 after purchasing an additional 21,915 shares in the last quarter. Institutional investors own 62.06% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on VZ shares. Raymond James Financial reaffirmed an “outperform” rating and issued a $56.00 target price on shares of Verizon Communications in a report on Thursday, March 12th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $48.00 target price on shares of Verizon Communications in a report on Monday, February 2nd. Morgan Stanley raised their price objective on Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Royal Bank Of Canada raised their price objective on Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a report on Tuesday, February 3rd. Finally, Williams Trading set a $54.00 price objective on Verizon Communications in a report on Monday, February 2nd. One investment 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. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $50.59.

Insider Buying and Selling

In other Verizon Communications news, SVP Mary-Lee Stillwell sold 8,569 shares of Verizon Communications 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 transaction, the senior vice president directly owned 43,782 shares of the company’s stock, valued at approximately $2,189,100. The trade was a 16.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.03% of the company’s stock.

Key Verizon Communications News

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

• Positive Sentiment: Verizon is part of a proposed satellite direct-to-device venture with AT&T and T-Mobile, a move that could help expand coverage, reduce dead zones, and improve emergency communications capabilities. T-Mobile Joins Rivals On Satellite Venture With Shares Below Targets
• Positive Sentiment: Investor attention remains elevated after Verizon’s last earnings report, where the company beat EPS estimates, supporting confidence in its cash generation and wireless business. Why Is Verizon (VZ) Up 2.7% Since Last Earnings Report?
• Neutral Sentiment: Verizon continues to show up on trader screens and stock-watch lists, suggesting the market is still focused on its upcoming catalysts rather than any single major new development. Here is What to Know Beyond Why Verizon Communications Inc. (VZ) is a Trending Stock
• Neutral Sentiment: Sector commentary around 5G, AI connectivity, and telecom infrastructure may be giving Verizon some broader support, but these themes are more long-term than immediate stock-moving news. AI Can’t Reach the Real World Without These 3 Stocks
• Neutral Sentiment: Articles discussing a broader fleet-telematics market expansion are not specific to Verizon, so any stock impact is likely indirect at best. Fleet Telematics Market Forecast

Verizon Communications Stock Down 0.4%

Shares of VZ opened at $48.30 on Thursday. The company has a market capitalization of $201.70 billion, a PE ratio of 11.78, a PEG ratio of 1.16 and a beta of 0.24. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $51.68. The stock’s 50-day moving average price is $48.01 and its two-hundred day moving average price is $44.99. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38.

Verizon Communications (NYSE:VZ) last announced 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 for the quarter, compared to the consensus estimate of $34.82 billion. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, analysts anticipate that Verizon Communications Inc. will post 4.96 EPS for the current year.

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.