ORG Wealth Partners LLC trimmed its stake in Verizon Communications Inc. (NYSE:VZ – Free Report) by 97.2% in the fourth quarter, HoldingsChannel reports. The firm owned 711 shares of the cell phone carrier’s stock after selling 24,772 shares during the period. ORG Wealth Partners LLC’s holdings in Verizon Communications were worth $29,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in VZ. McLean Asset Management Corp grew its stake in shares of Verizon Communications by 2.9% in the 3rd quarter. McLean Asset Management Corp now owns 8,571 shares of the cell phone carrier’s stock valued at $355,000 after buying an additional 243 shares during the period. Red Spruce Capital LLC raised its stake in Verizon Communications by 0.3% during the 3rd quarter. Red Spruce Capital LLC now owns 71,541 shares of the cell phone carrier’s stock worth $3,144,000 after buying an additional 246 shares during the period. Cascade Financial Partners LLC raised its stake in Verizon Communications by 3.5% during the 3rd quarter. Cascade Financial Partners LLC now owns 7,318 shares of the cell phone carrier’s stock worth $322,000 after buying an additional 250 shares during the period. Monetary Management Group Inc. boosted its holdings in Verizon Communications by 0.8% in the second quarter. Monetary Management Group Inc. now owns 30,400 shares of the cell phone carrier’s stock worth $1,315,000 after acquiring an additional 250 shares in the last quarter. Finally, Centurion Wealth Management LLC grew its stake in Verizon Communications by 4.1% in the third quarter. Centurion Wealth Management LLC now owns 6,490 shares of the cell phone carrier’s stock valued at $285,000 after acquiring an additional 254 shares during the period. Institutional investors and hedge funds own 62.06% of the company’s stock.
Verizon Communications Stock Down 0.1%
VZ stock opened at $50.26 on Tuesday. The firm has a market capitalization of $211.99 billion, a PE ratio of 12.41, a P/E/G ratio of 2.11 and a beta of 0.30. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68. The stock’s 50 day moving average is $47.73 and its 200-day moving average is $43.31.
Verizon Communications Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a dividend of $0.7075 per share. The ex-dividend date of this dividend is Friday, April 10th. This represents a $2.83 dividend on an annualized basis and a yield of 5.6%. This is a positive change from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s payout ratio is presently 68.15%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the company. Barclays initiated coverage on Verizon Communications in a report on Thursday, January 22nd. They set an “equal weight” rating and a $43.00 price objective for the company. Citigroup lifted their price target on shares of Verizon Communications from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, March 20th. William Blair upgraded shares of Verizon Communications to an “outperform” rating in a research note on Monday, February 2nd. Williams Trading set a $54.00 price objective on shares of Verizon Communications in a report on Monday, February 2nd. Finally, Royal Bank Of Canada lifted their price objective on shares of Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Verizon Communications has an average rating of “Moderate Buy” and a consensus target price of $50.32.
Trending Headlines about Verizon Communications
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Management execution: new CEO Dan Schulman has driven aggressive cost cuts and closed the $20B Frontier acquisition, which the market views as accelerating scale and margin improvement; analysts and income investors are re-rating VZ on the “new Verizon” narrative. Verizon remains a top dividend stock for passive income
- Positive Sentiment: Legal/competitive win: a federal judge granted Verizon a preliminary injunction blocking T‑Mobile’s ad campaign that promised large consumer savings — a potential help to churn and pricing competitiveness. Verizon wins injunction blocking T‑Mobile ad campaign
- Positive Sentiment: Dividend/income appeal: multiple payout-focused writeups highlight VZ’s ~5.5% yield and improving operating profile, supporting demand from income-focused funds. 3 Investments With Solid Yields Powering Through Market Weakness
- Neutral Sentiment: Catalyst: Verizon will report Q1 2026 results on April 27 (webcast at 8:30 a.m. ET) — this is the next major event that could move the stock based on subscriber trends, margin progress and guidance. Verizon to report earnings April 27, 2026
- Neutral Sentiment: Valuation/analyst views: Citi and other analysts have increased price targets (one recent bump to $55), reflecting confidence in upside if cost saves and convergence strategies continue to gain traction. Verizon Communications (VZ) Price Target Bumped to $55
- Negative Sentiment: Customer-pricing risk: Verizon raised the price on a popular discounted offer, which could hurt acquisition/retention if consumers react — notable since management previously flagged price-sensitivity as a contributor to past losses. Verizon raises price on key discounted offer for customers
- Negative Sentiment: Insider and institutional selling: recent data show insider sales and large institutional position reductions by some firms — these moves can pressure sentiment even if they don’t reflect company fundamentals. Verizon Communications Inc. to Report First-Quarter 2026 Earnings on April 27
Insider Transactions at Verizon Communications
In related news, SVP Mary-Lee Stillwell sold 8,569 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were 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 of the company’s stock, valued at $2,189,100. This trade represents a 16.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Hans Erik Vestberg sold 200,000 shares of the business’s 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 transaction, the director owned 145,069 shares in the company, valued at approximately $7,196,873.09. This trade represents a 57.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 218,148 shares of company stock worth $10,780,356 in the last quarter. 0.10% of the stock is currently owned by corporate insiders.
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.
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