Keudell Morrison Wealth Management Purchases Shares of 53,295 Verizon Communications Inc. $VZ

Keudell Morrison Wealth Management purchased a new stake in shares of Verizon Communications Inc. (NYSE:VZ) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 53,295 shares of the cell phone carrier’s stock, valued at approximately $2,171,000.

Other institutional investors have also added to or reduced their stakes in the company. Strengthening Families & Communities LLC boosted its position in Verizon Communications by 490.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock valued at $26,000 after buying an additional 539 shares during the period. Holos Integrated Wealth LLC purchased a new stake in Verizon Communications during the 4th quarter valued at $28,000. Foster Dykema Cabot & Partners LLC purchased a new stake in Verizon Communications during the 3rd quarter valued at $29,000. EQ Wealth Advisors LLC purchased a new stake in Verizon Communications during the 4th quarter valued at $29,000. Finally, Daytona Street Capital LLC purchased a new stake in Verizon Communications during the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Verizon Communications Stock Up 0.9%

Shares of NYSE VZ opened at $48.26 on Friday. 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 Inc. has a 12 month low of $38.39 and a 12 month high of $51.68. The firm has a market capitalization of $201.52 billion, a PE ratio of 11.77, a price-to-earnings-growth ratio of 1.00 and a beta of 0.24. The firm has a fifty day simple moving average of $48.21 and a two-hundred day simple moving average of $44.75.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.07. The company had revenue of $34.44 billion during the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. Verizon Communications’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the business earned $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Equities analysts expect that Verizon Communications Inc. will post 4.96 earnings per share for the current year.

Verizon Communications News Roundup

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

• Positive Sentiment: Verizon announced preliminary results from its 2026 annual shareholder meeting, with investors electing all nine director nominees and approving key management proposals, signaling continued governance support and no signs of shareholder pushback. Verizon Announces Preliminary Shareholder Voting Results from 2026 Annual Meeting
• Positive Sentiment: The company also announced a debt redemption scheduled for June 20, which may be viewed favorably as part of ongoing balance-sheet management after its Frontier acquisition. Verizon to redeem debt securities on June 20, 2026
• Positive Sentiment: Verizon continues to highlight consumer and brand-engagement initiatives, including a big FIFA World Cup 2026 ticket giveaway and the launch of the motorola razr 2026 on Verizon’s lineup, both of which could support customer acquisition and retention. Verizon announces a massive ticket drop for FIFA World Cup 2026™ The iconic flip meets incredible value: The new motorola razr 2026 joins Verizon’s lineup
• Neutral Sentiment: Several analyst-style pieces were published citing Verizon as a momentum or dividend stock, but these are mostly commentary rather than new company-specific fundamentals. Verizon Communications (VZ) is a Top-Ranked Momentum Stock: Should You Buy? Verizon: A Bright Future With Growing Dividends
• Neutral Sentiment: Industry coverage around private 5G growth and telecom comparisons may be supportive for the sector, but it does not directly change Verizon’s near-term outlook. Latest Global Private 5G Network Market to Reach USD 312.2 Billion by 2035 What the SpaceX IPO filing revealed for telecom stocks AT&T, Verizon, T-Mobile
• Negative Sentiment: No major negative company-specific headlines were included in the latest batch, though broader analyst comparisons and sector competition remain ongoing considerations for investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Royal Bank Of Canada upped their price objective on shares of Verizon Communications from $44.00 to $48.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 3rd. Barclays upped their price objective on shares of Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 31st. Weiss Ratings upgraded shares of Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. William Blair upgraded shares of Verizon Communications to an “outperform” rating in a report on Monday, February 2nd. Finally, Dbs Bank lowered shares of Verizon Communications from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, Verizon Communications has an average rating of “Moderate Buy” and a consensus target price of $50.59.

Insider Activity

In related news, Director Hans Erik Vestberg sold 200,000 shares of the 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 transaction, the director directly owned 145,069 shares in the company, valued at $7,196,873.09. This trade represents a 57.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the 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 completion of the transaction, the senior vice president owned 43,782 shares of the company’s stock, valued at approximately $2,189,100. The trade was 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 company insiders.

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.