Mcdonald Partners LLC Sells 44,224 Shares of Verizon Communications Inc. $VZ

Mcdonald Partners LLC trimmed its position in Verizon Communications Inc. (NYSE:VZ) by 55.7% during the third quarter, HoldingsChannel.com reports. The fund owned 35,146 shares of the cell phone carrier’s stock after selling 44,224 shares during the period. Mcdonald Partners LLC’s holdings in Verizon Communications were worth $1,545,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. TruNorth Capital Management LLC raised its holdings in Verizon Communications by 95.3% in the third quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock worth $27,000 after purchasing an additional 305 shares during the period. Global Wealth Strategies & Associates increased its position in shares of Verizon Communications by 739.5% in the 3rd quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock valued at $30,000 after buying an additional 599 shares in the last quarter. Winnow Wealth LLC acquired a new stake in Verizon Communications during the 2nd quarter worth $34,000. Silicon Valley Capital Partners lifted its holdings in Verizon Communications by 52.4% during the second quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock worth $34,000 after acquiring an additional 269 shares in the last quarter. Finally, Richardson Capital Management LLC bought a new position in Verizon Communications during the third quarter worth about $35,000. Institutional investors own 62.06% of the company’s stock.

Insider Buying and Selling at Verizon Communications

In other Verizon Communications news, Director Hans Erik Vestberg sold 200,000 shares of Verizon Communications stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $49.61, for a total value of $9,922,000.00. Following the completion of the sale, the director owned 145,069 shares in the company, valued at $7,196,873.09. The trade was a 57.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the 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 sale, the senior vice president directly owned 43,782 shares in the company, valued at $2,189,100. This represents a 16.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 218,148 shares of company stock worth $10,780,356 over the last ninety days. Insiders own 0.10% of the company’s stock.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Verizon demonstrated a vehicle-to-everything (V2X) proof-of-concept at MWC Barcelona with Aptiv and Wind River that used Verizon’s 5G + edge compute to share real‑time sensor data between vehicles, highlighting concrete enterprise use cases (automatic emergency braking, cooperative driving) that could translate into new connected‑vehicle revenue streams for Verizon Business. Verizon V2X Trial Highlights 5G Edge Potential Aptiv/Wind River press release
• Neutral Sentiment: Management presented at the Morgan Stanley Technology, Media & Telecom conference — investor outreach that can help clarify strategy and guidance but contains no headline surprises in the summary provided. Conference transcript
• Neutral Sentiment: Coverage of AST SpaceMobile’s big revenue beat was noted in the newsfeed; while AST’s scale could be complementary to space-based cellular initiatives, any direct impact on Verizon is speculative at this point. AST SpaceMobile revenue story
• Negative Sentiment: Broader market weakness tied to escalation fears in the U.S.-Iran situation sent major indexes lower, a headwind for equities generally that can pressure shares even of defensive telecom names like VZ. Market coverage
• Negative Sentiment: Insider selling: SVP Mary‑Lee Stillwell sold 8,569 shares at about $50.00 (a ~16.4% reduction in her holdings) — a routine executive sale that may be viewed neutrally by some investors but can apply short‑term downward pressure on sentiment. SEC filing: Insider sale filing

Verizon Communications Price Performance

Shares of VZ opened at $50.86 on Wednesday. The stock has a market capitalization of $214.51 billion, a P/E ratio of 12.56, a P/E/G ratio of 2.09 and a beta of 0.31. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.10. The company has a 50 day moving average of $43.75 and a 200-day moving average of $42.45. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32.

Verizon Communications (NYSE:VZ) last announced its quarterly earnings data on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.03. The business had revenue of $36.38 billion for the quarter, compared to analyst estimates of $36.20 billion. Verizon Communications had a net margin of 12.43% and a return on equity of 19.03%. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.10 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, equities research analysts forecast that Verizon Communications Inc. will post 4.69 EPS for the current fiscal year.

Verizon Communications Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be issued a $0.7075 dividend. This represents a $2.83 annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend is Friday, April 10th. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s payout ratio is currently 68.15%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on VZ shares. 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. Wells Fargo & Company increased their target price on Verizon Communications from $41.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Monday, February 2nd. William Blair raised shares of Verizon Communications to an “outperform” rating in a research note on Monday, February 2nd. Citigroup increased their price objective on shares of Verizon Communications from $48.00 to $50.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Finally, Weiss Ratings upgraded shares of Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $49.02.

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.