818,440 Shares in Verizon Communications Inc. $VZ Bought by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Verizon Communications Inc. (NYSE:VZ) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 818,440 shares of the cell phone carrier’s stock, valued at approximately $33,335,000. Verizon Communications comprises 1.2% of Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings, making the stock its 15th largest position.

A number of other institutional investors have also modified their holdings of VZ. Brighton Jones LLC raised its stake in shares of Verizon Communications by 61.2% during the 4th 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 last quarter. United Bank raised its stake in shares of Verizon Communications by 11.5% during the 2nd quarter. United Bank now owns 7,843 shares of the cell phone carrier’s stock valued at $339,000 after buying an additional 806 shares during the last quarter. Jump Financial LLC raised its stake in shares of Verizon Communications by 312.0% during the 2nd quarter. Jump Financial LLC now owns 23,639 shares of the cell phone carrier’s stock valued at $1,023,000 after buying an additional 17,901 shares during the last quarter. HUB Investment Partners LLC increased 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 purchasing an additional 6,034 shares in the last quarter. Finally, Vivaldi Capital Management LP increased 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 purchasing an additional 443 shares in the last quarter. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Insider Activity

In other news, SVP Mary-Lee Stillwell sold 8,569 shares of the business’s 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 transaction, the senior vice president directly owned 43,782 shares in the company, valued at $2,189,100. The trade was a 16.37% decrease in their position. 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 business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $49.61, for a total value of $9,922,000.00. Following the transaction, the director owned 145,069 shares in the company, valued at approximately $7,196,873.09. This represents a 57.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Wells Fargo & Company lifted their price target on Verizon Communications from $44.00 to $46.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Sanford C. Bernstein restated a “market perform” rating and issued a $48.00 price target on shares of Verizon Communications in a research note on Monday, February 2nd. Royal Bank Of Canada lifted their price target on Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 3rd. Barclays lifted their price target on Verizon Communications from $43.00 to $47.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 31st. Finally, Evercore lifted their price target on Verizon Communications from $48.00 to $50.00 and gave the company an “outperform” rating in a research note on Monday, February 2nd. One investment 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, Verizon Communications currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.59.

Key Stories Impacting Verizon Communications

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

• Positive Sentiment: Verizon said it added postpaid phone customers for the first time since 2013, while broadband growth and the Frontier deal are helping retention and supporting the consumer segment. VZ Gains From Solid Traction in the Consumer Segment: Will it Sustain?
• Positive Sentiment: Verizon is being highlighted as an attractive undervalued dividend stock, reinforcing its appeal for income-oriented investors. Is Verizon Communications (VZ) One of the Top 12 Undervalued Dividend Stocks to Buy Now?
• Positive Sentiment: The FCC approved Verizon’s spectrum-related move, and the company is also part of a new satellite-based mobile coverage initiative that could help reduce dead zones and improve network reach over time. T-Mobile US Joins Rivals On Satellite Push To Extend Coverage Story
• Neutral Sentiment: Verizon’s annual Data Breach Investigations Report drew broad media attention, but it is mainly a research publication and not a direct business catalyst for the stock. AI-related data breaches surpass stolen credentials in cyber incidents, Verizon report says
• Neutral Sentiment: Comparisons with AT&T and valuation-focused commentary are keeping Verizon in the spotlight, but these pieces mostly reinforce the company’s steady revenue profile rather than adding a new fundamental catalyst. AT&T vs Verizon. One of These Telecoms Has Raised Its Dividend 20 Straight Times and the Market Is Finally Noticing
• Negative Sentiment: Some market commentary continues to flag Verizon as a potentially risky Dow stock, reflecting lingering concerns about growth and the telecom sector’s maturity. 3 Dow Jones Stocks We Find Risky

Verizon Communications Trading Up 2.1%

VZ stock opened at $47.77 on Wednesday. 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 Inc. has a 12-month low of $38.39 and a 12-month high of $51.68. The stock has a market cap of $199.45 billion, a price-to-earnings ratio of 11.65, a PEG ratio of 0.98 and a beta of 0.24. The business’s 50-day moving average is $48.31 and its 200 day moving average is $44.62.

Verizon Communications (NYSE:VZ) last posted its quarterly earnings data 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 return on equity of 19.25% and a net margin of 12.46%.The company had revenue of $34.44 billion for the quarter, compared to analysts’ expectations of $34.82 billion. During the same period in the previous year, the firm posted $1.19 EPS. Verizon Communications’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, sell-side analysts anticipate that Verizon Communications Inc. will post 4.96 EPS for the current fiscal year.

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.