Modern Wealth Management LLC Increases Holdings in Verizon Communications Inc. $VZ

Modern Wealth Management LLC increased its holdings in shares of Verizon Communications Inc. (NYSE:VZ) by 30.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 75,454 shares of the cell phone carrier’s stock after acquiring an additional 17,508 shares during the period. Modern Wealth Management LLC’s holdings in Verizon Communications were worth $3,316,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. TruNorth Capital Management LLC grew its holdings in Verizon Communications by 95.3% during the 3rd quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock valued at $27,000 after buying an additional 305 shares in the last quarter. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Verizon Communications during the third quarter valued at approximately $29,000. Global Wealth Strategies & Associates lifted its holdings in shares of Verizon Communications by 739.5% in the third quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock worth $30,000 after buying an additional 599 shares in the last quarter. Winnow Wealth LLC bought a new position in shares of Verizon Communications during the second quarter worth $34,000. Finally, Silicon Valley Capital Partners boosted its position in shares of Verizon Communications by 52.4% during the second quarter. Silicon Valley Capital Partners now owns 782 shares of the cell phone carrier’s stock worth $34,000 after acquiring an additional 269 shares during the last quarter. 62.06% of the stock is owned by hedge funds and other institutional investors.

Verizon Communications Stock Down 0.0%

Shares of NYSE VZ opened at $51.17 on Friday. The firm’s 50-day moving average price is $44.40 and its 200-day moving average price is $42.60. The company has a current ratio of 0.91, a quick ratio of 0.87 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $215.82 billion, a price-to-earnings ratio of 12.63, a P/E/G ratio of 2.14 and a beta of 0.31. Verizon Communications Inc. has a 12-month low of $38.39 and a 12-month high of $51.41.

Verizon Communications (NYSE:VZ) last released its quarterly earnings results on Friday, January 30th. The cell phone carrier reported $1.09 EPS for the quarter, topping the consensus estimate of $1.06 by $0.03. Verizon Communications had a return on equity of 19.03% and a net margin of 12.43%.The company had revenue of $36.38 billion during the quarter, compared to analyst estimates of $36.20 billion. During the same quarter last year, the business posted $1.10 earnings per share. The firm’s 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. On average, equities research analysts anticipate that Verizon Communications Inc. will post 4.69 EPS for the current fiscal year.

Verizon Communications Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be issued a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a yield of 5.5%. The ex-dividend date is Friday, April 10th. This is a boost from Verizon Communications’s previous quarterly dividend of $0.69. Verizon Communications’s payout ratio is currently 68.15%.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Verizon showcased a 5G + edge computing proof‑of‑concept for vehicle‑to‑everything (V2X) with Aptiv and Wind River at MWC — a practical demo that highlights potential enterprise/edge revenue and differentiates Verizon’s network capabilities. Verizon Weighs V2X Growth Opportunities Against Sponsorship Cost Controls
• Positive Sentiment: Management is reviewing large sponsorship deals (including the NFL partnership) as part of cost controls — cutting hundreds of millions in marketing/sponsorship spend could improve margins and free cash flow if executed. Verizon (VZ) Reviewing NFL Partnership and Other Sponsorship Deals to Cut Costs
• Positive Sentiment: Analyst pieces point to durable operational momentum — subscriber gains, broadband growth and AI/telematics initiatives alongside recent quarterly beats and FY26 guidance underpin the stock’s strong YTD performance and support dividend coverage. Verizon Shares Rise 19.4% in a Year: Should You Invest Now?
• Neutral Sentiment: Market commentary is asking whether Verizon is fairly valued after a strong year‑to‑date run — this could prompt profit‑taking or re‑ratings but is not a company action. Is It Time To Reassess Verizon (VZ) After Its Strong Year To Date Share Price Run?
• Neutral Sentiment: Verizon will present at the Deutsche Bank Media, Internet & Telecom conference on March 10 — an opportunity for management to update investors but not itself a catalyst. Verizon to speak at Deutsche Bank Media, Internet & Telecom Conference on March 10
• Negative Sentiment: A recent major network outage left hundreds of thousands of customers without service — this raises short‑term churn, reputational risk and could attract regulatory scrutiny if issues persist. AT&T vs. Verizon in 2026: Which Telecom Dividend Stock Is Actually Worth Owning?

Insider Buying and Selling

In other news, SVP Mary-Lee Stillwell sold 8,569 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $50.00, for a total value of $428,450.00. Following the sale, the senior vice president owned 43,782 shares of the company’s stock, valued at approximately $2,189,100. This represents a 16.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Joseph J. Russo sold 9,579 shares of Verizon Communications stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $44.88, for a total transaction of $429,905.52. Following the transaction, the executive vice president directly owned 44,045 shares of the company’s stock, valued at approximately $1,976,739.60. This represents a 17.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 218,148 shares of company stock worth $10,780,356 over the last three months. 0.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

VZ has been the topic of a number of research reports. William Blair upgraded shares of Verizon Communications to an “outperform” rating in a report on Monday, February 2nd. KeyCorp reaffirmed a “sector weight” rating on shares of Verizon Communications in a report on Monday, January 26th. Wells Fargo & Company boosted their target price on Verizon Communications from $41.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Monday, February 2nd. Scotiabank increased their price target on Verizon Communications from $48.00 to $50.25 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. Finally, Evercore raised their price target on Verizon Communications from $48.00 to $50.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $49.02.

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.