Verizon Communications Inc. $VZ Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its stake in Verizon Communications Inc. (NYSE:VZ) by 611.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,254,721 shares of the cell phone carrier’s stock after purchasing an additional 1,078,267 shares during the period. Axxcess Wealth Management LLC’s holdings in Verizon Communications were worth $51,105,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Strengthening Families & Communities LLC boosted its position in shares of Verizon Communications by 490.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier’s stock worth $26,000 after buying an additional 539 shares during the period. Holos Integrated Wealth LLC purchased a new position in shares of Verizon Communications during the fourth quarter worth $28,000. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Verizon Communications during the third quarter worth $29,000. EQ Wealth Advisors LLC purchased a new position in shares of Verizon Communications during the fourth quarter worth $29,000. Finally, Daytona Street Capital LLC purchased a new position in shares of Verizon Communications during the fourth quarter worth $33,000. Institutional investors and hedge funds own 62.06% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on VZ shares. Scotiabank upgraded Verizon Communications from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the company from $50.25 to $54.50 in a report on Monday, March 9th. Weiss Ratings upgraded Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. Dbs Bank lowered Verizon Communications from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. KeyCorp reiterated a “sector weight” rating on shares of Verizon Communications in a report on Monday, January 26th. Finally, Royal Bank Of Canada lifted their target price on Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $50.59.

Insider Transactions at Verizon Communications

In other news, SVP Mary-Lee Stillwell sold 8,569 shares of Verizon Communications stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $50.00, for a total transaction of $428,450.00. Following the sale, the senior vice president owned 43,782 shares in the company, valued at approximately $2,189,100. The trade was 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 accessible through this link. Also, Director Hans Erik Vestberg sold 200,000 shares of Verizon Communications stock in a transaction dated 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 sale, the director owned 145,069 shares in the company, valued at $7,196,873.09. This trade represents a 57.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.03% of the stock is currently owned by insiders.

Key Headlines Impacting Verizon Communications

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

• Positive Sentiment: Verizon announced preliminary shareholder voting results from its 2026 annual meeting, with shareholders electing all nine board nominees and approving management proposals, signaling solid governance support and no signs of major shareholder unrest. Article Title
• Positive Sentiment: The company said California SBDC named Verizon its Corporate Small Business Champion of the Year, highlighting Verizon’s small-business support and community profile, which can reinforce the brand and customer loyalty narrative. Article Title
• Positive Sentiment: Analyst coverage remains constructive, with commentary pointing to Verizon’s strong dividend outlook, improving earnings momentum, and the ability to manage debt after the Frontier acquisition while still supporting buybacks. Article Title
• Positive Sentiment: Verizon also rolled out customer-facing promotions, including a large FIFA World Cup 2026 ticket giveaway and the launch of the motorola razr 2026 on its lineup, both of which support subscriber engagement and marketing momentum. Article Title
• Neutral Sentiment: Several articles framed Verizon as a top-ranked momentum or value-focused telecom stock versus peers, which may help sentiment but does not represent a new company-specific catalyst. Article Title
• Neutral Sentiment: Industry pieces on private 5G, satellite telecom, and the SpaceX IPO filing may support the long-term wireless narrative, but they are broader sector stories rather than direct Verizon-specific news. Article Title
• Negative Sentiment: Verizon’s ongoing debt management remains a watch point after the Frontier deal, and the planned redemption of debt securities underscores that leverage is still part of the story even as the company works to pay it down. Article Title

Verizon Communications Stock Up 0.9%

Verizon Communications stock opened at $48.26 on Friday. Verizon Communications Inc. has a 1-year low of $38.39 and a 1-year high of $51.68. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61. The stock has a market cap of $201.52 billion, a PE ratio of 11.77, a P/E/G ratio of 1.00 and a beta of 0.24. The stock’s fifty day moving average is $48.21 and its two-hundred day moving average is $44.75.

Verizon Communications (NYSE:VZ) last posted its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates 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 last year, the firm earned $1.19 earnings per share. Verizon Communications’s quarterly 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. On average, sell-side analysts expect that Verizon Communications Inc. will post 4.96 EPS for the current fiscal year.

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.