Cambridge Investment Research Advisors Inc. raised its position in Verizon Communications Inc. (NYSE:VZ – Free Report) by 3.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,502,547 shares of the cell phone carrier’s stock after purchasing an additional 46,671 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Verizon Communications were worth $61,199,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of VZ. Brighton Jones LLC boosted its holdings in 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 purchasing an additional 16,704 shares during the last quarter. United Bank boosted its holdings in Verizon Communications by 11.5% in the 2nd quarter. United Bank now owns 7,843 shares of the cell phone carrier’s stock valued at $339,000 after purchasing an additional 806 shares during the last quarter. Jump Financial LLC boosted its holdings in Verizon Communications by 312.0% in the 2nd quarter. Jump Financial LLC now owns 23,639 shares of the cell phone carrier’s stock valued at $1,023,000 after purchasing an additional 17,901 shares during the last quarter. HUB Investment Partners LLC raised its stake in shares of Verizon Communications by 17.2% in the 2nd quarter. HUB Investment Partners LLC now owns 41,121 shares of the cell phone carrier’s stock valued at $1,779,000 after acquiring an additional 6,034 shares during the period. Finally, Vivaldi Capital Management LP raised its stake in shares of Verizon Communications by 5.2% in the 2nd quarter. Vivaldi Capital Management LP now owns 8,993 shares of the cell phone carrier’s stock valued at $389,000 after acquiring an additional 443 shares during the period. 62.06% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on VZ. Erste Group Bank reissued a “hold” rating on shares of Verizon Communications in a research note on Tuesday, May 5th. Royal Bank Of Canada boosted their price target on shares of Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 3rd. Evercore boosted their price target on shares of Verizon Communications from $48.00 to $50.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. Oppenheimer boosted their price target on shares of Verizon Communications from $50.00 to $56.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Finally, Barclays boosted their price target on shares of Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, Verizon Communications presently has a consensus rating of “Moderate Buy” and a consensus target price of $50.59.
Insider Buying and Selling
In other Verizon Communications news, Director Hans Erik Vestberg sold 200,000 shares of the stock in a transaction that occurred 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. This represents a 57.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the stock in a transaction that occurred 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 sale, the senior vice president owned 43,782 shares in the company, valued at approximately $2,189,100. This trade represents a 16.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.03% of the stock is owned by corporate insiders.
Verizon Communications Price Performance
Verizon Communications stock opened at $46.44 on Friday. Verizon Communications Inc. has a 1 year low of $38.39 and a 1 year high of $51.68. The company’s 50 day simple moving average is $48.46 and its 200-day simple moving average is $44.48. The company has a market capitalization of $193.90 billion, a price-to-earnings ratio of 11.33, a price-to-earnings-growth ratio of 0.97 and a beta of 0.24. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.61 and a current ratio of 0.64.
Verizon Communications (NYSE:VZ – Get Free Report) last released its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.07. The company had revenue of $34.44 billion for the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. As a group, equities research analysts expect that Verizon Communications Inc. will post 4.96 earnings per share for the current year.
Trending Headlines about Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: The FCC approved Verizon’s $1 billion purchase of spectrum assets from U.S. Cellular, a move that should expand Verizon’s network capacity and coverage and strengthen its competitive position. FCC approves Verizon’s $1 billion spectrum purchase
- Positive Sentiment: Verizon joined AT&T and T-Mobile in a proposed satellite-based joint venture aimed at closing rural wireless dead zones, which could improve service quality, coverage reliability, and the industry’s long-term growth narrative. Verizon Joins Rivals On Satellite Venture Reshaping Coverage And Investor Focus
- Positive Sentiment: Verizon closed a $4 billion junior subordinated notes offering, which was framed as strengthening its capital structure and supporting refinancing/funding flexibility. Verizon Strengthens Capital Structure with $4 Billion Notes
- Positive Sentiment: A bullish piece highlighted Verizon as one of 2026’s top defensive picks, citing undervaluation, a well-covered dividend, and potential upside over the next year. Why Verizon Is One of Our Top Defensive Picks In 2026
- Neutral Sentiment: Several articles focused on Verizon’s competitive position versus T-Mobile, customer retention, and a customer-facing website blocking issue; these are more mixed in nature and do not clearly change the near-term investment case. T-Mobile vs. Verizon: Is It Time to Choose a New Carrier?
- Negative Sentiment: A report on new layoffs suggests Verizon is still pushing hard on cost cuts and restructuring, which may help margins but can also signal pressure on operations and demand. Verizon Announces New Layoffs as Cost-Cutting Continues Into 2026
- Negative Sentiment: One article warned that Verizon’s latest phone plan changes could push away customers, reinforcing concerns about churn in a highly competitive wireless market. Verizon’s latest phone plan change may drive away consumers
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.
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