Verizon Communications Inc. $VZ Shares Sold by Adell Harriman & Carpenter Inc.

Adell Harriman & Carpenter Inc. cut its position in Verizon Communications Inc. (NYSE:VZ) by 11.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 124,056 shares of the cell phone carrier’s stock after selling 15,515 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in Verizon Communications were worth $5,452,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cadinha & Co. LLC lifted its position in Verizon Communications by 2,916.8% during the second quarter. Cadinha & Co. LLC now owns 347,716 shares of the cell phone carrier’s stock valued at $15,046,000 after purchasing an additional 336,190 shares during the period. DekaBank Deutsche Girozentrale raised its stake in shares of Verizon Communications by 11.0% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 7,297,469 shares of the cell phone carrier’s stock valued at $309,551,000 after buying an additional 722,559 shares during the last quarter. CWA Asset Management Group LLC lifted its holdings in shares of Verizon Communications by 378.7% in the 3rd quarter. CWA Asset Management Group LLC now owns 93,732 shares of the cell phone carrier’s stock valued at $4,120,000 after buying an additional 74,151 shares during the period. D.A. Davidson & CO. boosted its stake in shares of Verizon Communications by 8.4% in the third quarter. D.A. Davidson & CO. now owns 555,785 shares of the cell phone carrier’s stock worth $24,427,000 after buying an additional 43,116 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in Verizon Communications by 5.8% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 2,762,705 shares of the cell phone carrier’s stock worth $121,421,000 after acquiring an additional 151,100 shares during the period. Institutional investors and hedge funds own 62.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Sanford C. Bernstein reissued a “market perform” rating and issued a $48.00 price target on shares of Verizon Communications in a report on Monday. Scotiabank boosted their target price on shares of Verizon Communications from $48.00 to $50.25 and gave the company a “sector perform” rating in a research note on Monday. BNP Paribas Exane lowered shares of Verizon Communications from an “outperform” rating to a “neutral” rating and set a $44.00 price target on the stock. in a research report on Tuesday, October 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Verizon Communications in a report on Wednesday, January 21st. Finally, Evercore ISI increased their target price on shares of Verizon Communications from $48.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $49.02.

Insider Activity at Verizon Communications

In related news, EVP Joseph J. Russo sold 9,579 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $44.88, for a total value of $429,905.52. Following the completion of the transaction, the executive vice president directly owned 44,045 shares of the company’s stock, valued at approximately $1,976,739.60. This represents a 17.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.10% of the company’s stock.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Multiple brokerages lifted price targets and ratings (Citigroup to $50 with a Buy, Evercore to $50 Outperform, Scotiabank to $50.25, Morgan Stanley/JPMorgan to $49, RBC higher) — bolstering near-term upside expectations. Citigroup PT Raise
• Positive Sentiment: Verizon reported a Q4 beat (EPS $1.09 vs $1.06 est.; revenue ~$36.4B vs ~$36.1B) and posted large wireless subscriber additions — fundamentals that support the rally. InsiderMonkey Q4/Subscriber Adds
• Positive Sentiment: Management actions: a raised quarterly dividend (new yield ~6.4%) plus headlines about cost cuts tied to the Frontier deal and a $25B buyback plan — both increase shareholder return potential. Yahoo Finance: Frontier deal & buyback
• Neutral Sentiment: Coverage and analyst-insight pieces are circulating (Globe and Mail, Zacks, AAII) parsing valuation and whether the Q4 beat merits portfolio re‑positioning — useful reading but not an immediate catalyst. Globe and Mail analyst insights
• Neutral Sentiment: Verizon’s stock is moving with the S&P 500 Communications Index — some of today’s move reflects sector flows rather than company-specific news. Kalkine Media
• Negative Sentiment: Senator Maria Cantwell said Verizon (and AT&T) are blocking release of key Salt Typhoon security assessment reports and called for CEOs to testify — this raises regulatory and reputational risk that investors will watch closely. Reuters: Senator on Salt Typhoon
• Negative Sentiment: Analysts and commentaries flag margin pressure from heavy 5G and fiber investment, price lock dynamics and the potential for customer losses tied to prior price cuts — factors that could cap multiple expansion. Zacks: Margin pressure
• Negative Sentiment: Some market pieces warn Verizon may encounter technical resistance near recent highs and note CEO comments that prior price cuts hurt customer counts — caution for momentum traders. USA Today: Price cuts cost customers

Verizon Communications Stock Up 3.9%

VZ stock opened at $46.34 on Wednesday. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $47.35. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. The firm has a 50-day simple moving average of $40.52 and a 200-day simple moving average of $41.64. The stock has a market capitalization of $195.41 billion, a P/E ratio of 11.44, a P/E/G ratio of 4.23 and a beta of 0.33.

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

Verizon Communications Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be given a dividend of $0.7075 per share. The ex-dividend date is Friday, April 10th. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.69. This represents a $2.83 annualized dividend and a dividend yield of 6.1%. Verizon Communications’s dividend payout ratio (DPR) is presently 68.15%.

Verizon Communications 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.