111 Capital Sells 10,331 Shares of Verizon Communications Inc. $VZ

111 Capital decreased its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 54.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,497 shares of the cell phone carrier’s stock after selling 10,331 shares during the period. 111 Capital’s holdings in Verizon Communications were worth $373,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. TruNorth Capital Management LLC boosted its stake in Verizon Communications by 95.3% during the 3rd quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after purchasing an additional 305 shares during the last quarter. Global Wealth Strategies & Associates lifted its holdings in shares of Verizon Communications by 739.5% in the third 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 in the last quarter. Winnow Wealth LLC purchased a new position in shares of Verizon Communications during the second quarter valued at approximately $34,000. Silicon Valley Capital Partners grew 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 buying an additional 269 shares in the last quarter. Finally, Richardson Capital Management LLC bought a new stake in Verizon Communications during the third quarter worth $35,000. 62.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Mary-Lee Stillwell sold 8,569 shares of Verizon Communications stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $50.00, for a total value of $428,450.00. Following the completion of the transaction, the senior vice president directly owned 43,782 shares in the company, valued at approximately $2,189,100. The trade was a 16.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Hans Erik Vestberg sold 200,000 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $49.61, for a total transaction of $9,922,000.00. Following the sale, the director directly owned 145,069 shares in the company, valued at $7,196,873.09. The trade was a 57.96% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 218,148 shares of company stock valued at $10,780,356. Company insiders own 0.10% of the company’s stock.

More Verizon Communications News

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 Stock Up 1.8%

VZ stock opened at $50.86 on Wednesday. The stock has a fifty day moving average of $43.75 and a 200-day moving average of $42.45. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.10. The company has a market capitalization of $214.51 billion, a price-to-earnings ratio of 12.56, a PEG ratio of 2.09 and a beta of 0.31. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.87 and a current ratio of 0.91.

Verizon Communications (NYSE:VZ) last announced its quarterly earnings data 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. The business had revenue of $36.38 billion for the quarter, compared to analysts’ expectations of $36.20 billion. Verizon Communications had a return on equity of 19.03% and a net margin of 12.43%.The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.10 EPS. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, equities research analysts predict that Verizon Communications Inc. will post 4.69 earnings per share for the current year.

Verizon Communications Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a dividend of $0.7075 per share. This represents a $2.83 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Friday, April 10th. This is an increase from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s dividend payout ratio is currently 68.15%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. raised their price objective on Verizon Communications from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Tuesday, February 3rd. Evercore increased their target price on shares of Verizon Communications from $48.00 to $50.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. Morgan Stanley boosted their price target on shares of Verizon Communications from $47.00 to $49.00 and gave the stock an “equal weight” rating in a report on Monday, February 2nd. William Blair raised shares of Verizon Communications to an “outperform” rating in a research report on Monday, February 2nd. Finally, Barclays began coverage on shares of Verizon Communications in a research note on Thursday, January 22nd. They issued an “equal weight” rating and a $43.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, Verizon Communications 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.