Intech Investment Management LLC Has $5.97 Million Stock Holdings in Verizon Communications Inc. $VZ

Intech Investment Management LLC trimmed its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 52.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 135,895 shares of the cell phone carrier’s stock after selling 150,160 shares during the quarter. Intech Investment Management LLC’s holdings in Verizon Communications were worth $5,973,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC increased its stake in shares of 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 buying an additional 16,704 shares during the period. United Bank boosted its holdings 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 during the last quarter. Jennison Associates LLC increased its position in Verizon Communications by 141.6% during the 2nd quarter. Jennison Associates LLC now owns 36,139 shares of the cell phone carrier’s stock valued at $1,564,000 after purchasing an additional 21,180 shares during the period. Earned Wealth Advisors LLC increased its position in Verizon Communications by 16.7% during the 2nd quarter. Earned Wealth Advisors LLC now owns 5,933 shares of the cell phone carrier’s stock valued at $257,000 after purchasing an additional 849 shares during the period. Finally, GAM Holding AG bought a new position in Verizon Communications during the 2nd quarter worth approximately $433,000. Institutional investors own 62.06% of the company’s stock.

Verizon Communications Price Performance

Shares of NYSE:VZ opened at $49.98 on Friday. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $50.47. The stock’s 50 day moving average is $43.33 and its 200-day moving average is $42.37. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. The firm has a market capitalization of $210.80 billion, a price-to-earnings ratio of 12.34, a PEG ratio of 2.10 and a beta of 0.33.

Verizon Communications (NYSE:VZ) last announced its quarterly earnings results on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. Verizon Communications had a net margin of 12.43% and a return on equity of 19.03%. The business had revenue of $36.38 billion during the quarter, compared to analyst estimates of $36.20 billion. During the same quarter in the previous year, the business posted $1.10 EPS. Verizon Communications’s quarterly revenue was up 2.0% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. Sell-side analysts forecast that Verizon Communications Inc. will post 4.69 EPS for the current fiscal year.

Verizon Communications Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be issued a $0.7075 dividend. The ex-dividend date is Friday, April 10th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 5.7%. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s dividend payout ratio (DPR) is currently 68.15%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Sanford C. Bernstein reiterated a “market perform” rating and set a $48.00 price objective on shares of Verizon Communications in a research report on Monday, February 2nd. Evercore increased their price target on Verizon Communications from $48.00 to $50.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. Citigroup boosted their price objective on Verizon Communications from $48.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Scotiabank upped their target price on Verizon Communications from $48.00 to $50.25 and gave the company a “sector perform” rating in a research report on Monday, February 2nd. Finally, Morgan Stanley lifted their target price on Verizon Communications from $47.00 to $49.00 and gave the stock an “equal weight” rating in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $49.02.

Key Verizon Communications News

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

• Positive Sentiment: Verizon-backed Aduna hit a major milestone as the leading provider of U.S. network APIs, giving Verizon a stronger position to sell standardized, CAMARA‑compliant network intelligence to large enterprises — a potential revenue and competitive win. Aduna Reaches Milestone as a Leading Provider of U.S. Network APIs
• Positive Sentiment: Verizon closed its Frontier assets deal and launched a transformation focused on expanding fiber, cutting costs and reshaping enterprise services — management says this could deliver several billion in annual savings and scale fiber reach, supporting longer‑term margin improvement. Verizon Reshapes Fiber, Costs And Enterprise Services With Frontier And Aduna
• Positive Sentiment: NJIT announced an expanded, Verizon‑supported AI and cybersecurity workforce training program (no‑cost to eligible residents), which boosts Verizon’s public positioning on talent development for 5G/AI services and could help with hiring/retention in AI and network security roles. NJIT to Launch Expanded AI and Cybersecurity Workforce Training in Partnership with Verizon
• Neutral Sentiment: Industry and analyst pieces (Zacks, MWC coverage, 5G market reports) highlight Verizon’s value metrics and role in 5G/edge opportunities; useful for sentiment but not immediate catalysts. Here’s Why Verizon Communications (VZ) is a Strong Value Stock
• Neutral Sentiment: Broader telecom ecosystem stories — HCLTech’s AI‑native telecom focus at MWC and a growing 5G smart‑stadium market — underscore secular demand for Verizon’s network services but are industry-level rather than firm-specific catalysts. HCLTech to drive dialogues on AI-native future of telecom industry at MWC 2026
• Negative Sentiment: Director Hans Erik Vestberg sold 200,000 VZ shares on Feb. 24 for roughly $9.9M — a large disclosed insider sale that can raise investor concerns about insider confidence or be interpreted as routine liquidity. Hans Erik Vestberg Insider Sale
• Negative Sentiment: Short interest jumped ~34.8% in February to ~148.3M shares (about 3.5% of float), which increases downward pressure risk and could amplify volatility if sentiment shifts. (Source: short‑interest update provided in filings/news aggregation.)

Insider Activity

In other Verizon Communications news, Director Hans Erik Vestberg sold 200,000 shares of Verizon Communications 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 completion of the transaction, the director owned 145,069 shares in the company, valued at approximately $7,196,873.09. The trade was a 57.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Joseph J. Russo sold 9,579 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $44.88, for a total value of $429,905.52. Following the sale, the executive vice president directly owned 44,045 shares of the company’s stock, valued at $1,976,739.60. This represents a 17.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is currently owned by company insiders.

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.