Verizon Communications Inc. $VZ Shares Sold by Evolution Wealth Management Inc.

Evolution Wealth Management Inc. reduced its position in Verizon Communications Inc. (NYSE:VZ) by 86.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,880 shares of the cell phone carrier’s stock after selling 12,062 shares during the period. Evolution Wealth Management Inc.’s holdings in Verizon Communications were worth $77,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VZ. SBI Securities Co. Ltd. lifted its position in Verizon Communications by 4.3% during the 3rd quarter. SBI Securities Co. Ltd. now owns 335,856 shares of the cell phone carrier’s stock worth $14,761,000 after acquiring an additional 13,787 shares during the period. Avanza Fonder AB increased its holdings in shares of Verizon Communications by 5.6% in the fourth quarter. Avanza Fonder AB now owns 331,962 shares of the cell phone carrier’s stock valued at $13,521,000 after purchasing an additional 17,495 shares during the period. Stratos Wealth Partners LTD. increased its holdings in shares of Verizon Communications by 14.0% in the third quarter. Stratos Wealth Partners LTD. now owns 379,174 shares of the cell phone carrier’s stock valued at $16,665,000 after purchasing an additional 46,699 shares during the period. Econ Financial Services Corp raised its stake in shares of Verizon Communications by 23.5% during the fourth quarter. Econ Financial Services Corp now owns 78,172 shares of the cell phone carrier’s stock worth $3,184,000 after purchasing an additional 14,862 shares during the last quarter. Finally, Wedbush Securities Inc. raised its stake in shares of Verizon Communications by 18.4% during the third quarter. Wedbush Securities Inc. now owns 140,981 shares of the cell phone carrier’s stock worth $6,196,000 after purchasing an additional 21,915 shares during the last quarter. 62.06% of the stock is owned by institutional investors and hedge funds.

More Verizon Communications News

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

• Positive Sentiment: Verizon declared its regular quarterly dividend of $0.7075 per share, unchanged from the prior quarter, which reinforces the company’s appeal to income-focused investors. Verizon declares quarterly dividend on June 4, 2026
• Neutral Sentiment: Verizon reported the results of its 2026 annual shareholder meeting, where shareholders elected all nine director nominees. This is routine governance news and does not appear to materially change the investment outlook. Verizon Communications (VZ) Announced Results for Annual 2026 Shareholder Meeting
• Negative Sentiment: The U.S. Supreme Court backed the FCC’s fine-collection process in a case involving Verizon and AT&T, removing a legal challenge that wireless carriers had hoped might limit regulatory penalties. Investors may view this as a modest negative for carrier risk exposure. US Supreme Court backs FCC in clash with wireless carriers over fines
• Negative Sentiment: Recent market coverage also highlighted Verizon’s weaker trading session versus the broader market, and another report noted operational friction from a strict in-store policy that could frustrate customers. Together, these items point to short-term sentiment pressure on the stock. Why Verizon Communications (VZ) Dipped More Than Broader Market Today

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on VZ shares. Morgan Stanley lifted their price objective on shares of Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. Scotiabank upgraded shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $50.25 to $54.50 in a research note on Monday, March 9th. Oppenheimer boosted their price target on shares of Verizon Communications from $50.00 to $56.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Barclays increased their price target on shares of Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 31st. Finally, Raymond James Financial restated an “outperform” rating and issued a $56.00 price objective on shares of Verizon Communications in a research report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $50.59.

Verizon Communications Stock Performance

Shares of VZ opened at $44.87 on Friday. The company has a 50-day simple moving average of $47.64 and a 200-day simple moving average of $45.27. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $187.37 billion, a PE ratio of 10.94, a P/E/G ratio of 1.11 and a beta of 0.24. Verizon Communications Inc. has a 52-week low of $38.39 and a 52-week high of $51.68.

Verizon Communications (NYSE:VZ) last released its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $34.82 billion. During the same quarter in the previous year, the firm earned $1.19 earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Equities research analysts predict that Verizon Communications Inc. will post 4.96 earnings per share for the current fiscal year.

Verizon Communications Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be issued a $0.7075 dividend. The ex-dividend date is Friday, July 10th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 6.3%. Verizon Communications’s dividend payout ratio is currently 69.02%.

Verizon Communications 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.