MAI Capital Management lifted its stake in Verizon Communications Inc. (NYSE:VZ – Free Report) by 2.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,005,992 shares of the cell phone carrier’s stock after buying an additional 21,050 shares during the quarter. MAI Capital Management’s holdings in Verizon Communications were worth $44,213,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the stock. TruNorth Capital Management LLC increased its stake in Verizon Communications by 95.3% in the 3rd quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock worth $27,000 after acquiring an additional 305 shares during the last quarter. Global Wealth Strategies & Associates lifted its stake 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 purchasing an additional 599 shares during the last quarter. Winnow Wealth LLC purchased a new position in shares of Verizon Communications in the 2nd quarter worth approximately $34,000. Silicon Valley Capital Partners increased its position in shares of Verizon Communications by 52.4% during the 2nd quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock valued at $34,000 after purchasing an additional 269 shares during the last quarter. Finally, Richardson Capital Management LLC purchased a new stake in Verizon Communications during the 3rd quarter valued at $35,000. 62.06% of the stock is owned by hedge funds and other institutional investors.
Verizon Communications Stock Up 0.4%
Shares of VZ opened at $49.87 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 1.32. The firm has a market cap of $210.35 billion, a P/E ratio of 12.31, a PEG ratio of 2.08 and a beta of 0.33. Verizon Communications Inc. has a 12 month low of $38.39 and a 12 month high of $50.47. The stock’s 50 day moving average is $42.79 and its two-hundred day moving average is $42.23.
Verizon Communications Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be paid a $0.7075 dividend. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend is Friday, April 10th. This represents a $2.83 annualized dividend and a dividend yield of 5.7%. Verizon Communications’s dividend payout ratio is currently 68.15%.
Insider Activity
In other news, EVP Joseph J. Russo sold 9,579 shares of Verizon Communications stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $44.88, for a total transaction of $429,905.52. Following the sale, the executive vice president owned 44,045 shares of the company’s stock, valued at approximately $1,976,739.60. The trade was a 17.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
VZ has been the subject of several recent analyst reports. Wells Fargo & Company lifted their price objective on shares of 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. KeyCorp reiterated a “sector weight” rating on shares of Verizon Communications in a report on Monday, January 26th. JPMorgan Chase & Co. boosted their target price on Verizon Communications from $47.00 to $49.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $48.00 price target on shares of Verizon Communications in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Verizon Communications has a consensus rating of “Moderate Buy” and an average price target of $49.02.
Read Our Latest Stock Report on Verizon Communications
Trending Headlines about Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Daiwa upgraded VZ to Buy and raised its price target to $58, citing stronger-than-expected subscriber growth and fourth-quarter momentum that supports upside to estimates. Daiwa Upgrades Verizon (VZ) as Subscriber Growth Signals Strong Momentum
- Positive Sentiment: Technical momentum — VZ recently traded to a 52‑week high and cleared a “golden cross” (50‑day SMA above 200‑day SMA), which often attracts momentum and technical funds. Verizon Communications stock hits 52-week high at 50.25 USD
- Positive Sentiment: Additional technical coverage highlights the golden cross as a potential buy signal for traders, reinforcing the recent price strength. Verizon Communications (VZ) Now Trades Above Golden Cross: Time to Buy?
- Positive Sentiment: Zacks and other analysts spotlight VZ as a momentum/value pick versus peers — noting cheaper valuation and rising 2026 estimates relative to T-Mobile, which supports rotation into VZ for income + growth exposure. Verizon vs. T-Mobile: Which 5G Stock is the Better Buy Today?
- Positive Sentiment: Dividend/income investors are noticing VZ again — it was listed among high‑yield dividend stalwarts that appeal to conservative, yield-seeking portfolios. That can support demand from income funds. 20 Years on Wall Street Taught Me: Boomers Feel Safe With 5 High-Yield Dividend Giants
- Neutral Sentiment: Verizon completed a €2.25 billion euro and sterling junior subordinated notes sale — a debt raise that appears aimed at refinancing/capital management; it increases outstanding debt but is structured debt, so the near‑term impact is neutral unless credit costs change. Verizon Issues Euro and Sterling Junior Subordinated Notes
- Neutral Sentiment: Management presentation transcript from the Barclays Communications & Content Symposium is available — useful for detail on strategy and 5G/content initiatives, but it contains no major surprises in this release cycle. Verizon Communications Inc. (VZ) Presents at Barclays Communications and Content Symposium 2026 Transcript
- Neutral Sentiment: Broad market volatility headlines (Dow weakness) could cap upside in short windows despite company-specific strength — macro moves remain a watch point for timing. Stock Market Today: Dow Dives As EU Makes Trump Tariff Move; Novo Plunges On This (Live Coverage)
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.
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