Katamaran Capital LLP Invests $4.60 Million in Verizon Communications Inc. $VZ

Katamaran Capital LLP bought a new position in shares of Verizon Communications Inc. (NYSE:VZ) during the fourth quarter, Holdings Channel.com reports. The fund bought 113,023 shares of the cell phone carrier’s stock, valued at approximately $4,603,000. Verizon Communications accounts for approximately 3.5% of Katamaran Capital LLP’s portfolio, making the stock its 11th biggest holding.

Several other institutional investors have also recently added to or reduced their stakes in VZ. Brighton Jones LLC increased its position in Verizon Communications by 61.2% in the 4th quarter. Brighton Jones LLC now owns 43,986 shares of the cell phone carrier’s stock valued at $1,759,000 after acquiring an additional 16,704 shares during the period. United Bank lifted its stake in Verizon Communications by 11.5% in the 2nd quarter. United Bank now owns 7,843 shares of the cell phone carrier’s stock valued at $339,000 after buying an additional 806 shares in the last quarter. Jump Financial LLC raised its holdings in Verizon Communications by 312.0% in the 2nd quarter. Jump Financial LLC now owns 23,639 shares of the cell phone carrier’s stock valued at $1,023,000 after acquiring an additional 17,901 shares during the last quarter. HUB Investment Partners LLC raised its holdings in Verizon Communications by 17.2% in the 2nd quarter. HUB Investment Partners LLC now owns 41,121 shares of the cell phone carrier’s stock valued at $1,779,000 after acquiring an additional 6,034 shares during the last quarter. Finally, Vivaldi Capital Management LP increased its holdings in shares of Verizon Communications by 5.2% during the 2nd quarter. Vivaldi Capital Management LP now owns 8,993 shares of the cell phone carrier’s stock worth $389,000 after buying an additional 443 shares during the last quarter. Institutional investors and hedge funds own 62.06% of the company’s stock.

Verizon Communications Stock Performance

NYSE:VZ opened at $47.21 on Monday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61. The firm has a 50-day moving average of $48.81 and a two-hundred day moving average of $44.20. The stock has a market cap of $197.12 billion, a P/E ratio of 11.51, a PEG ratio of 0.99 and a beta of 0.24. Verizon Communications Inc. has a 1-year low of $38.39 and a 1-year high of $51.68.

Verizon Communications (NYSE:VZ) last posted its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.07. The company had revenue of $34.44 billion during 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 firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, research analysts expect that Verizon Communications Inc. will post 4.96 earnings per share for the current fiscal year.

Verizon Communications News Summary

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

• Positive Sentiment: Verizon will have CEO Dan Schulman speak at two upcoming investor conferences, giving management a chance to outline strategy, answer questions on the business outlook, and potentially reinforce confidence in the company’s execution. Verizon to Speak at Upcoming Investor Conferences
• Positive Sentiment: Erste Group raised its FY2026 EPS estimate for Verizon to $4.96 from $4.92, signaling slightly better earnings expectations and suggesting analysts see stable fundamentals ahead. Verizon Communications (VZ) Surged from Excellent Execution
• Positive Sentiment: Verizon’s broader fiber expansion and buyback plans continue to support the investment case, as the company now has a larger fiber footprint and a $25 billion repurchase authorization that can help offset share dilution and support per-share metrics. Verizon Weighs Frontier Fiber Expansion Against Buybacks And Cost Cuts
• Neutral Sentiment: Verizon also confirmed a few hundred job cuts as part of an ongoing operational revamp. The move supports cost discipline, but it is not large enough on its own to materially change the near-term earnings outlook. Verizon cutting a few hundred jobs nationwide

Insider Transactions at Verizon Communications

In other Verizon Communications news, 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 value of $428,450.00. Following the completion of the transaction, the senior vice president directly owned 43,782 shares of the company’s stock, valued at $2,189,100. This represents a 16.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Hans Erik Vestberg sold 200,000 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $49.61, for a total transaction of $9,922,000.00. Following the transaction, the director directly owned 145,069 shares in the company, valued at $7,196,873.09. The trade was a 57.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on VZ shares. Raymond James Financial restated an “outperform” rating and set a $56.00 price objective on shares of Verizon Communications in a report on Thursday, March 12th. Barclays increased their price target on Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a report on Tuesday, March 31st. Scotiabank upgraded Verizon Communications from a “sector perform” rating to a “sector outperform” rating and increased their price target for the company from $50.25 to $54.50 in a report on Monday, March 9th. Weiss Ratings upgraded Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. Finally, Oppenheimer upped their price objective on shares of Verizon Communications from $50.00 to $56.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.