BI Asset Management Fondsmaeglerselskab A S Has $77.65 Million Holdings in Verizon Communications Inc. $VZ

BI Asset Management Fondsmaeglerselskab A S increased its position in Verizon Communications Inc. (NYSE:VZ) by 2.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,766,734 shares of the cell phone carrier’s stock after acquiring an additional 41,319 shares during the quarter. Verizon Communications comprises about 0.7% of BI Asset Management Fondsmaeglerselskab A S’s investment portfolio, making the stock its 28th biggest position. BI Asset Management Fondsmaeglerselskab A S’s holdings in Verizon Communications were worth $77,648,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Norges Bank bought a new position in Verizon Communications during the second quarter worth $2,504,150,000. Vanguard Group Inc. boosted its holdings in Verizon Communications by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 372,787,016 shares of the cell phone carrier’s stock valued at $16,130,494,000 after purchasing an additional 4,615,075 shares during the period. State Street Corp boosted its holdings in Verizon Communications by 2.1% in the 2nd quarter. State Street Corp now owns 208,213,255 shares of the cell phone carrier’s stock valued at $9,009,388,000 after purchasing an additional 4,205,449 shares during the period. California Public Employees Retirement System grew its position in Verizon Communications by 21.5% in the 2nd quarter. California Public Employees Retirement System now owns 21,159,040 shares of the cell phone carrier’s stock worth $915,552,000 after purchasing an additional 3,743,892 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Verizon Communications during the 2nd quarter worth about $113,004,000. 62.06% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Verizon Communications

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 value of $429,905.52. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. BNP Paribas Exane cut shares of Verizon Communications from an “outperform” rating to a “neutral” rating and set a $44.00 target price for the company. in a research note on Tuesday, October 21st. Williams Trading set a $54.00 price objective on Verizon Communications in a research report on Monday. Wells Fargo & Company lifted their price objective on Verizon Communications from $41.00 to $44.00 and gave the stock an “equal weight” rating in a report on Monday. William Blair upgraded Verizon Communications to an “outperform” rating in a research note on Monday. Finally, Royal Bank Of Canada raised their target price on Verizon Communications from $44.00 to $48.00 and gave the stock a “sector perform” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, Verizon Communications has a consensus rating of “Hold” and an average price target of $49.02.

Verizon Communications Stock Performance

Shares of NYSE:VZ opened at $46.97 on Thursday. 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 business’s fifty day moving average price is $40.64 and its two-hundred day moving average price is $41.68. Verizon Communications Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $47.55. The stock has a market capitalization of $198.05 billion, a price-to-earnings ratio of 11.60, a price-to-earnings-growth ratio of 2.95 and a beta of 0.33.

Verizon Communications (NYSE:VZ) last issued its earnings results on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, beating 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 company had revenue of $36.38 billion for the quarter, compared to the consensus estimate of $36.20 billion. During the same quarter in the previous year, the company earned $1.10 EPS. The firm’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. As a group, analysts predict that Verizon Communications Inc. will post 4.69 EPS for the current fiscal 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 paid a dividend of $0.7075 per share. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.69. This represents a $2.83 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Friday, April 10th. Verizon Communications’s payout ratio is currently 68.15%.

Key Verizon Communications News

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

• Positive Sentiment: Q4 beat and subscriber strength — Verizon posted a fourth‑quarter earnings and revenue beat and reported sizable wireless subscriber additions, which underpins near‑term revenue momentum and investor confidence. InsiderMonkey Q4/Subscriber Adds
• Positive Sentiment: Analyst upgrades and higher price targets — multiple firms have raised price targets or ratings (Citigroup to $50 buy, Evercore/Scotiabank, JPMorgan raised) supporting upside expectations and helping buying interest. Citigroup PT Raise
• Positive Sentiment: Shareholder returns and cost actions — management is executing cost savings, pursuing a $25B buyback program and recently increased the quarterly dividend, all of which bolster EPS and free‑cash‑flow outlook for 2026. Seeking Alpha: Momentum & Buyback
• Neutral Sentiment: Analyst and media coverage parsing valuation — pieces from Zacks and others are discussing whether the Q4 beat and yield justify repositioning into VZ; useful background but not an immediate catalyst. Zacks Trending Stock
• Neutral Sentiment: Sector/flow influence — some of today’s move reflects the S&P 500 Communications Index and sector flows rather than pure company‑specific news. Kalkine Media
• Negative Sentiment: Regulatory/reputational risk — Senator Maria Cantwell said Verizon (and AT&T) are blocking release of Salt Typhoon security assessment reports and requested CEOs testify before Congress, creating potential regulatory scrutiny and reputational risk. Reuters: Senator on Salt Typhoon
• Negative Sentiment: Legal/competitive escalation — Verizon filed a suit accusing T‑Mobile of false advertising over savings claims; this could intensify competitive spending on promotions and trigger legal costs or a public dispute. Reuters: Verizon sues T‑Mobile
• Negative Sentiment: Insider selling and margin concerns — an EVP disclosed a sizable share sale and analysts warn that heavy 5G/fiber investment, price‑lock dynamics and margin pressure could limit multiple expansion. SEC Form 4: Russo Sale

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.