Dynamic Technology Lab Private Ltd Reduces Holdings in Verizon Communications Inc. $VZ

Dynamic Technology Lab Private Ltd trimmed its holdings in Verizon Communications Inc. (NYSE:VZ) by 72.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,351 shares of the cell phone carrier’s stock after selling 16,689 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Verizon Communications were worth $279,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Verizon Communications in the second quarter valued at about $2,504,150,000. Vanguard Group Inc. raised its holdings in Verizon Communications by 1.3% during the second quarter. Vanguard Group Inc. now owns 372,787,016 shares of the cell phone carrier’s stock worth $16,130,494,000 after purchasing an additional 4,615,075 shares during the last quarter. State Street Corp raised its stake in shares of Verizon Communications by 2.1% during the 2nd quarter. State Street Corp now owns 208,213,255 shares of the cell phone carrier’s stock worth $9,009,388,000 after buying an additional 4,205,449 shares during the last quarter. California Public Employees Retirement System lifted its holdings in shares of Verizon Communications by 21.5% in the second quarter. California Public Employees Retirement System now owns 21,159,040 shares of the cell phone carrier’s stock valued at $915,552,000 after purchasing an additional 3,743,892 shares in the last quarter. Finally, Laurel Wealth Advisors LLC lifted its stake in Verizon Communications by 4,274.6% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,917,508 shares of the cell phone carrier’s stock valued at $82,971,000 after buying an additional 1,873,675 shares in the last quarter. 62.06% of the stock is owned by institutional investors and hedge funds.

Key Verizon Communications News

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

• Positive Sentiment: Analysts lifted outlook and price targets—Oppenheimer raised its price target to $56 with an “outperform” call, backing upside vs. current levels. Oppenheimer Raises Price Target
• Positive Sentiment: Scotiabank upgraded VZ to Sector Outperform, citing the shares as cheap at current levels—another boost to investor sentiment. Scotiabank Upgrade
• Positive Sentiment: Fundamentals remain supportive: Q4 beat on EPS and revenue, strong postpaid and broadband net adds, Frontier acquisition expanded subscriber base, and management set FY26 EPS guidance (4.90–4.95) that keeps cash-flow and dividend narratives intact. Safe Stock / Conference Coverage
• Positive Sentiment: Commercial partnerships continue to expand—Kodiak AI disclosed deeper ties with Verizon around autonomous trucking deployments, reflecting potential incremental revenue or product integration opportunities. Kodiak AI Partnership
• Neutral Sentiment: Several media pieces profile Verizon as a “safe” dividend stock and highlight its 20-year dividend growth and ~5% yield—this supports income-focused demand but may not drive aggressive growth buying. Dividend / Safe-Stock Coverage
• Negative Sentiment: Valuation and momentum concerns: after a recent run, shares have consolidated near $50 and technical indicators (RSI) showed overbought conditions, which can cap upside in the near term.
• Negative Sentiment: Balance-sheet/liquidity metrics remain watchpoints—current and quick ratios below 1.0 and a debt-to-equity around 1.32 mean interest-rate or capex risks could pressure margins if growth slows.

Analyst Ratings Changes

VZ has been the topic of a number of analyst reports. Sanford C. Bernstein restated a “market perform” rating and set a $48.00 target price on shares of Verizon Communications in a research report on Monday, February 2nd. Evercore raised their price target 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. Williams Trading set a $54.00 price objective on Verizon Communications in a research note on Monday, February 2nd. JPMorgan Chase & Co. upped their target price on shares of Verizon Communications from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Tuesday, February 3rd. Finally, Weiss Ratings upgraded Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $50.03.

Insider Activity at Verizon Communications

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

Verizon Communications Trading Down 0.2%

Shares of VZ stock opened at $50.59 on Friday. The stock has a fifty day moving average of $45.19 and a two-hundred day moving average of $42.78. The firm has a market capitalization of $213.36 billion, a PE ratio of 12.49, a price-to-earnings-growth ratio of 2.12 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 Inc. has a 1 year low of $38.39 and a 1 year high of $51.41.

Verizon Communications (NYSE:VZ) last issued its quarterly earnings results on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share (EPS) for the quarter, beating 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 last year, the firm earned $1.10 EPS. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. As a group, research analysts expect that Verizon Communications Inc. will post 4.69 EPS for the current year.

Verizon Communications Increases Dividend

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

About Verizon Communications

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.