Canada Post Corp Registered Pension Plan Acquires 44,241 Shares of Verizon Communications Inc. $VZ

Canada Post Corp Registered Pension Plan boosted its holdings in Verizon Communications Inc. (NYSE:VZ) by 66.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 110,896 shares of the cell phone carrier’s stock after acquiring an additional 44,241 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in Verizon Communications were worth $4,796,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Renasant Bank acquired a new stake in Verizon Communications during the third quarter valued at approximately $275,000. Appleton Partners Inc. MA boosted its stake in Verizon Communications by 13.8% in the 3rd quarter. Appleton Partners Inc. MA now owns 10,549 shares of the cell phone carrier’s stock valued at $464,000 after buying an additional 1,281 shares in the last quarter. Concord Wealth Partners boosted its stake in Verizon Communications by 5.1% in the 3rd quarter. Concord Wealth Partners now owns 41,101 shares of the cell phone carrier’s stock valued at $1,806,000 after buying an additional 1,976 shares in the last quarter. MMA Asset Management LLC grew its position in Verizon Communications by 41.8% in the third quarter. MMA Asset Management LLC now owns 10,908 shares of the cell phone carrier’s stock valued at $479,000 after acquiring an additional 3,215 shares during the period. Finally, Coston McIsaac & Partners raised its stake in Verizon Communications by 2.3% during the third quarter. Coston McIsaac & Partners now owns 112,011 shares of the cell phone carrier’s stock worth $4,922,000 after acquiring an additional 2,547 shares in the last quarter. Institutional investors own 62.06% of the company’s stock.

Insider Activity at Verizon Communications

In other Verizon Communications news, EVP Joseph J. Russo sold 9,579 shares of the company’s stock in a transaction 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 completion of the sale, the executive vice president owned 44,045 shares in the company, valued at approximately $1,976,739.60. The trade was a 17.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 analyst upgrades and bullish notes lifted momentum and helped extend the rally, with coverage citing higher target prices and “buy”/outperform views that attracted short‑term buyers. Verizon Communications (NYSE:VZ) Stock Price Up 1.6% After Analyst Upgrade
• Positive Sentiment: Income investors are re‑rating Verizon because it appears on multiple recent lists of high‑yield dividend picks, supporting steady demand from dividend/seeking portfolios. 3 High-Yield Dividend Stocks Perfect For Retirees
• Neutral Sentiment: Zacks highlighted VZ as a top‑ranked momentum stock under its style scores — this can draw quant/momentum flows but doesn’t guarantee fundamental change. Verizon Communications (VZ) is a Top-Ranked Momentum Stock: Should You Buy?
• Neutral Sentiment: Coverage of AST SpaceMobile and its 2026 launch targets (a partner/adjacent play for telecoms) is being watched for potential upside exposure, but execution risks keep this as an uncertain catalyst. Can SpaceX Rival AST SpaceMobile Meet Its 2026 Launch Targets? (VZ)
• Negative Sentiment: Verizon’s consumer‑unit CEO Sowmyanarayan Sampath is stepping down amid a companywide turnaround under new CEO Dan Schulman — management turnover raises near‑term execution and strategy questions for the core wireless business. Verizon’s Consumer Unit CEO Sowmyanarayan Sampath to Step Down
• Negative Sentiment: Verizon filed suit accusing T‑Mobile of false advertising — the legal fight could be a distraction and pose litigation costs, though it may also be intended to blunt competitive messaging. Verizon Wireless sues T-Mobile, alleges false advertising

Verizon Communications Price Performance

Verizon Communications stock opened at $46.32 on Friday. The business’s 50-day simple moving average is $40.87 and its 200 day simple moving average is $41.75. 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 stock has a market cap of $195.30 billion, a price-to-earnings ratio of 11.44, a P/E/G ratio of 1.99 and a beta of 0.33. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $47.58.

Verizon Communications (NYSE:VZ) last released its earnings results on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. Verizon Communications had a net margin of 12.43% and a return on equity of 19.03%. The company had revenue of $36.38 billion for the quarter, compared to the consensus estimate of $36.20 billion. During the same period in the prior year, the company posted $1.10 EPS. The company’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. As a group, research analysts anticipate that Verizon Communications Inc. will post 4.69 earnings per share for the current year.

Verizon Communications Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a dividend of $0.7075 per share. The ex-dividend date of this dividend is Friday, April 10th. This represents a $2.83 dividend on an annualized basis and a yield of 6.1%. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s dividend payout ratio (DPR) is presently 68.15%.

Wall Street Analysts Forecast Growth

VZ has been the topic of several analyst reports. Barclays assumed coverage on shares of Verizon Communications in a report on Thursday, January 22nd. They issued an “equal weight” rating and a $43.00 target price on the stock. Weiss Ratings raised shares of Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Wells Fargo & Company lifted their target price on shares of Verizon Communications from $41.00 to $44.00 and gave the company an “equal weight” rating in a research note on Monday, February 2nd. Citigroup boosted their target price on Verizon Communications from $48.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $48.00 price target on shares of Verizon Communications in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company 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.