Vise Technologies Inc. Purchases 24,776 Shares of Verizon Communications Inc. $VZ

Vise Technologies Inc. raised its position in shares of Verizon Communications Inc. (NYSE:VZ) by 5.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 446,924 shares of the cell phone carrier’s stock after acquiring an additional 24,776 shares during the period. Vise Technologies Inc.’s holdings in Verizon Communications were worth $20,500,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VZ. Bank of America Corp DE raised its holdings in Verizon Communications by 15.4% in the 1st quarter. Bank of America Corp DE now owns 62,101,021 shares of the cell phone carrier’s stock valued at $3,117,471,000 after acquiring an additional 8,289,877 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Verizon Communications by 14.1% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 41,173,226 shares of the cell phone carrier’s stock worth $1,743,274,000 after buying an additional 5,075,794 shares during the period. Bank of New York Mellon Corp boosted its holdings in Verizon Communications by 20.8% during the first quarter. Bank of New York Mellon Corp now owns 38,164,982 shares of the cell phone carrier’s stock worth $1,915,882,000 after buying an additional 6,580,820 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Verizon Communications by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 32,734,998 shares of the cell phone carrier’s stock valued at $1,643,339,000 after buying an additional 1,972,634 shares during the period. Finally, Deutsche Bank AG lifted its holdings in shares of Verizon Communications by 6.7% during the 2nd quarter. Deutsche Bank AG now owns 20,882,074 shares of the cell phone carrier’s stock valued at $884,147,000 after purchasing an additional 1,305,471 shares in the last quarter. Institutional investors own 62.06% of the company’s stock.

Verizon Communications Price Performance

NYSE:VZ opened at $44.81 on Friday. The firm has a market capitalization of $186.18 billion, a price-to-earnings ratio of 11.43, a PEG ratio of 1.81 and a beta of 0.26. Verizon Communications Inc. has a 1 year low of $38.68 and a 1 year high of $51.68. The business has a 50 day simple moving average of $47.04 and a 200-day simple moving average of $46.73. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.63 and a quick ratio of 0.57.

Verizon Communications (NYSE:VZ) last posted its earnings results on Monday, October 26th. The cell phone carrier reported $1.31 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.04. Verizon Communications had a net margin of 11.78% and a return on equity of 19.75%. The business had revenue of $34.31 billion for the quarter, compared to the consensus estimate of $34.77 billion. During the same quarter last year, the firm posted $1.21 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Equities analysts forecast that Verizon Communications Inc. will post 5.08 EPS for the current year.

Verizon Communications Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 9th will be issued a dividend of $0.7075 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $2.83 dividend on an annualized basis and a yield of 6.3%. Verizon Communications’s dividend payout ratio (DPR) is presently 72.19%.

Insider Buying and Selling at Verizon Communications

In related news, CEO Kyle Malady sold 1,100 shares of the stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $43.00, for a total transaction of $47,300.00. Following the completion of the sale, the chief executive officer owned 98,866 shares in the company, valued at $4,251,238. This represents a 1.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 11,000 shares of company stock worth $516,373. 0.03% of the stock is currently owned by insiders.

Key Stories Impacting Verizon Communications

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

• Positive Sentiment: Better earnings and higher guidance: Verizon reported quarterly adjusted EPS of $1.31, above the $1.27 consensus estimate, while revenue rose 1.5% year over year. Growth in postpaid phone additions and broadband, lower promotional spending and margin expansion helped support an increase to the company’s 2026 outlook. Verizon raises 2026 guidance
• Positive Sentiment: Income appeal remains strong: Verizon’s dividend yield is above 6%, the company has raised its payout for 20 consecutive years, and dividends consumed approximately 49% of recent free cash flow. This supports the view that the payout is financially sustainable despite Verizon’s substantial debt load. Verizon dividend analysis
• Positive Sentiment: Analyst upgrade and supplier investment: Freedom Broker upgraded VZ from “hold” to “buy” and raised its price target to $55. Separately, Verizon announced a $5 billion, five-year commitment to U.S. small-business suppliers, which could strengthen procurement relationships and support its network expansion ecosystem. Freedom Broker upgrade
• Neutral Sentiment: SpaceX competition remains a long-term issue: Verizon CEO Dan Schulman said a fully competitive SpaceX wireless network could take years and require enormous investment. Verizon remains open to a Starlink partnership, but not one that would enable direct competition through Verizon’s infrastructure. Verizon CEO on Starlink partnership
• Negative Sentiment: Countervailing concerns: Several firms, including Barclays, Daiwa, Goldman Sachs and TD Cowen, lowered their price targets. Investors are also watching reports of declining phone upgrades, while CEO Kyle Malady’s recurring Rule 10b5-1 stock sales may weigh modestly on sentiment. Verizon phone upgrade trend

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Moffett Nathanson boosted their price target on shares of Verizon Communications from $49.00 to $50.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 22nd. Scotiabank decreased their price target on Verizon Communications from $51.50 to $50.00 and set a “sector outperform” rating on the stock in a research report on Friday, October 9th. Royal Bank Of Canada boosted their target price on shares of Verizon Communications from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research note on Monday, July 27th. Wells Fargo & Company lifted their target price on shares of Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Monday, July 27th. Finally, Freedom Broker raised shares of Verizon Communications from a “hold” rating to a “buy” rating and raised their price objective for the company from $53.00 to $55.00 in a research note on Wednesday. Thirteen research analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $51.05.

Verizon Communications Company Profile

Verizon Communications Inc is a telecommunications company that provides wireless communications, broadband, and digital connectivity services. Through its consumer business, Verizon offers mobile voice and data plans, smartphones and other connected devices, home internet, fixed wireless access, and fiber-optic broadband services under the Fios brand.

Verizon also serves businesses, government agencies, and other organizations with wireless connectivity, private networks, internet and data services, managed communications, cloud and security solutions, and Internet of Things services.