Twin Capital Management Inc. Acquires 20,007 Shares of Verizon Communications Inc. $VZ

Twin Capital Management Inc. increased its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 18.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 126,216 shares of the cell phone carrier’s stock after purchasing an additional 20,007 shares during the period. Verizon Communications accounts for 0.6% of Twin Capital Management Inc.’s holdings, making the stock its 27th biggest holding. Twin Capital Management Inc.’s holdings in Verizon Communications were worth $5,141,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VZ. Brighton Jones LLC boosted its stake in Verizon Communications by 61.2% in the fourth 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 boosted its stake in Verizon Communications by 11.5% in the second quarter. United Bank now owns 7,843 shares of the cell phone carrier’s stock valued at $339,000 after acquiring an additional 806 shares in the last quarter. Jump Financial LLC boosted its stake in Verizon Communications by 312.0% in the second quarter. Jump Financial LLC now owns 23,639 shares of the cell phone carrier’s stock valued at $1,023,000 after acquiring an additional 17,901 shares in the last quarter. HUB Investment Partners LLC boosted its stake in Verizon Communications by 17.2% in the second 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 in the last quarter. Finally, Vivaldi Capital Management LP boosted its stake in Verizon Communications by 5.2% in the second 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 in the last quarter. 62.06% of the stock is currently owned by institutional investors.

Verizon Communications Trading Up 0.1%

NYSE VZ opened at $47.80 on Thursday. The company has a fifty day simple moving average of $48.26 and a two-hundred day simple moving average of $44.69. The stock has a market cap of $199.57 billion, a P/E ratio of 11.66, a P/E/G ratio of 1.00 and a beta of 0.24. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $51.68. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38.

Verizon Communications (NYSE:VZ) last issued its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.07. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The firm had revenue of $34.44 billion during the quarter, compared to analysts’ expectations of $34.82 billion. During the same quarter last year, the company posted $1.19 earnings per share. The firm’s revenue was up 2.7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, analysts forecast that Verizon Communications Inc. will post 4.96 earnings per share for the current year.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Verizon highlighted stronger consumer traction in its latest earnings commentary, including postpaid phone growth and broadband gains, which supports the view that its core wireless business is stabilizing. Verizon Earnings Call Highlights Turnaround Momentum
• Positive Sentiment: Verizon, along with AT&T and T-Mobile, is advancing a satellite connectivity joint venture aimed at eliminating dead zones, a strategic move that could improve network coverage and long-term competitive positioning. Verizon to redeem debt securities on June 20, 2026
• Positive Sentiment: Verizon announced it will redeem about $1.3 billion of notes on June 20, signaling active debt management that may be viewed favorably by income-oriented investors. Verizon to redeem debt securities on June 20, 2026
• Neutral Sentiment: Verizon also announced the winner of its first Frontline App Developer Challenge, underscoring innovation in public safety and emergency response, but the near-term financial impact appears limited. Verizon champions the innovators of tomorrow, names winner of Verizon Frontline App Developer Challenge
• Neutral Sentiment: Verizon’s latest industry cybersecurity report drew attention to a surge in AI-driven social engineering and vulnerability exploitation, highlighting Verizon’s security expertise but not directly changing fundamentals. AI-related data breaches surpass stolen credentials in cyber incidents, Verizon report says

Insider Buying and Selling at Verizon Communications

In related news, SVP Mary-Lee Stillwell sold 8,569 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $50.00, for a total transaction of $428,450.00. Following the completion of the transaction, the senior vice president owned 43,782 shares of the company’s stock, valued at $2,189,100. This trade represents a 16.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Hans Erik Vestberg sold 200,000 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $7,196,873.09. This trade represents a 57.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on VZ. Wells Fargo & Company raised their target price on shares of Verizon Communications from $44.00 to $46.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Citigroup raised their target price on shares of Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, March 20th. 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. Williams Trading set a $54.00 target price on shares of Verizon Communications in a research note on Monday, February 2nd. Finally, Scotiabank upgraded shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $50.25 to $54.50 in a research note on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $50.59.

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.