Frank Rimerman Advisors LLC Sells 22,632 Shares of Verizon Communications Inc. $VZ

Frank Rimerman Advisors LLC decreased its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 19.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,226 shares of the cell phone carrier’s stock after selling 22,632 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Verizon Communications were worth $3,756,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in shares of Verizon Communications by 61.2% in the 4th quarter. Brighton Jones LLC now owns 43,986 shares of the cell phone carrier’s stock valued at $1,759,000 after acquiring an additional 16,704 shares in the last quarter. United Bank raised its holdings in Verizon Communications by 11.5% during the second quarter. United Bank now owns 7,843 shares of the cell phone carrier’s stock worth $339,000 after acquiring an additional 806 shares in the last quarter. Fisher Asset Management LLC boosted its position in Verizon Communications by 0.3% during the second quarter. Fisher Asset Management LLC now owns 83,102 shares of the cell phone carrier’s stock valued at $3,596,000 after purchasing an additional 275 shares during the last quarter. Van Hulzen Asset Management LLC boosted its position in Verizon Communications by 4.1% during the second quarter. Van Hulzen Asset Management LLC now owns 13,732 shares of the cell phone carrier’s stock valued at $594,000 after purchasing an additional 546 shares during the last quarter. Finally, Blueshift Asset Management LLC grew its stake in Verizon Communications by 17.0% in the second quarter. Blueshift Asset Management LLC now owns 36,625 shares of the cell phone carrier’s stock valued at $1,585,000 after purchasing an additional 5,315 shares in the last quarter. Institutional investors own 62.06% of the company’s stock.

Verizon Communications Price Performance

Shares of VZ opened at $50.15 on Wednesday. The company’s 50-day moving average is $47.95 and its 200-day moving average is $43.35. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.91 and a quick ratio of 0.87. The firm has a market capitalization of $211.52 billion, a PE ratio of 12.38, a PEG ratio of 2.11 and a beta of 0.31. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $51.68.

Verizon Communications (NYSE:VZ) last issued 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 net margin of 12.43% and a return on equity of 19.03%. The firm had revenue of $36.38 billion during the quarter, compared to the consensus estimate of $36.20 billion. During the same period last year, the business posted $1.10 earnings per share. The business’s revenue for the quarter 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 EPS for the current year.

Verizon Communications Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a $0.7075 dividend. 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 5.6%. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s payout ratio is currently 68.15%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $48.00 price target on shares of Verizon Communications in a research report on Monday, February 2nd. Raymond James Financial reissued an “outperform” rating and issued a $56.00 target price on shares of Verizon Communications in a research note on Thursday, March 12th. Barclays boosted their target price on shares of Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a report on Tuesday. Wells Fargo & Company upped their price target on shares of Verizon Communications from $41.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Monday, February 2nd. Finally, Weiss Ratings upgraded shares of Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $50.56.

Insider Buying and Selling at Verizon Communications

In other Verizon Communications 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 transaction of $429,905.52. Following the transaction, the executive vice president owned 44,045 shares in the company, valued at $1,976,739.60. This trade represents a 17.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Mary-Lee Stillwell sold 8,569 shares of Verizon Communications stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $50.00, for a total value of $428,450.00. Following the sale, the senior vice president directly owned 43,782 shares of the company’s stock, valued at $2,189,100. This represents a 16.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 218,148 shares of company stock valued at $10,780,356 in the last ninety days. 0.10% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Federal court granted Verizon a preliminary injunction blocking a T‑Mobile ad campaign that promised large savings to switch — a competitive win that protects Verizon’s customer messaging and could limit aggressive poaching by a rival. Article Title
• Positive Sentiment: Citi recently raised its price target to $55, signaling some analyst conviction behind upside potential and supporting the narrative that Verizon’s cost cuts and acquisition could boost margins. Article Title
• Positive Sentiment: Coverage highlighting Verizon as a top dividend stock and management’s actions (CEO Dan Schulman’s cost cuts and the Frontier acquisition) reinforces the income/turnaround thesis that has supported the rally earlier this year. Article Title
• Neutral Sentiment: Barclays raised its price target to $47 (maintaining an “Equal Weight” rating), citing signs of a subscriber turnaround and telecom’s defensive appeal — the move is a mild vote of confidence but the PT still sits below the current market price, so its net impact is mixed. Article Title
• Neutral Sentiment: Verizon set its Q1 2026 earnings date for April 27. The upcoming report and webcast present a catalyst for renewed volatility as investors look for subscriber trends and progress on margin targets. Article Title
• Neutral Sentiment: Verizon is a trending stock on some retail/coverage sites (Zacks, Business Insider), which can increase attention and trading volume but doesn’t directly change fundamentals. Article Title
• Negative Sentiment: The company raised the price on a heavily discounted customer offer — a potential short-term revenue boost but a risk for churn if customers react negatively, which could weigh on subscriber-growth confidence. Article Title
• Negative Sentiment: Recent data show notable insider selling activity and some large institutional reductions in recent quarters — these flows can add selling pressure or at least create caution among investors. Article Title

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.