Verizon Communications (NYSE:VZ) Stock Sale Reported by Rep. Pete Sessions

Representative Pete Sessions (Republican-Texas) recently sold shares of Verizon Communications Inc. (NYSE:VZ). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $15,001 and $50,000 in Verizon Communications stock on October 2nd. The trade occurred in the Representative’s “TRUST ONE” account.

Representative Pete Sessions also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
• Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
• Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
• Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
• Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.

Verizon Communications Stock Performance

NYSE:VZ opened at $43.65 on Friday. Verizon Communications Inc. has a 1-year low of $38.68 and a 1-year high of $51.68. The firm has a 50 day simple moving average of $47.13 and a 200-day simple moving average of $46.71. The firm has a market cap of $181.34 billion, a PE ratio of 11.13, a P/E/G ratio of 1.75 and a beta of 0.26. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.63 and a quick ratio of 0.57.

Verizon Communications (NYSE:VZ) last posted its quarterly earnings data on Monday, October 26th. The cell phone carrier reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.04. Verizon Communications had a return on equity of 19.75% and a net margin of 11.78%. The business had revenue of $34.31 billion for the quarter, compared to analysts’ expectations of $34.77 billion. During the same quarter last year, the firm earned $1.21 earnings per share. The business’s revenue was up 1.5% on a year-over-year basis. On average, equities analysts expect that Verizon Communications Inc. will post 5.08 EPS for the current year.

Verizon Communications Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 9th will be paid a dividend of $0.7075 per share. This represents a $2.83 annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, October 9th. Verizon Communications’s dividend payout ratio (DPR) is currently 72.19%.

Insider Transactions at Verizon Communications

In other news, CEO Kyle Malady sold 1,100 shares of the company’s stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of $43.00, for a total value of $47,300.00. Following the transaction, the chief executive officer owned 98,866 shares of the company’s stock, valued at approximately $4,251,238. This represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 11,000 shares of company stock worth $516,373 in the last three months. Company insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On Verizon Communications

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in shares of Verizon Communications by 15.4% in the 1st quarter. Bank of America Corp DE now owns 62,101,021 shares of the cell phone carrier’s stock valued at $3,117,471,000 after purchasing an additional 8,289,877 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Verizon Communications by 20.8% during the 1st quarter. Bank of New York Mellon Corp now owns 38,164,982 shares of the cell phone carrier’s stock worth $1,915,882,000 after buying an additional 6,580,820 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Verizon Communications during the 3rd quarter worth about $239,584,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Verizon Communications by 14.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 41,173,226 shares of the cell phone carrier’s stock valued at $1,743,274,000 after buying an additional 5,075,794 shares during the last quarter. Finally, Jupiter Topco LLC acquired a new position in Verizon Communications in the 2nd quarter valued at about $184,260,000. 62.06% of the stock is currently owned by institutional investors and hedge funds.

Verizon Communications News Summary

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

• Positive Sentiment: Raised outlook and earnings beat: Verizon exceeded quarterly adjusted-EPS expectations and raised its 2026 guidance, reinforcing confidence in postpaid additions, broadband growth, margins and free-cash-flow generation. Verizon raises 2026 guidance
• Positive Sentiment: Dividend appears supported by cash flow: Verizon used approximately 49% of free cash flow to fund its dividend, suggesting the roughly 6% yield is backed by internally generated cash rather than additional borrowing. This supports the stock’s appeal to income-focused investors. Verizon dividend free cash flow analysis
• Positive Sentiment: Debt-management action: Verizon launched offers to purchase up to $500 million of several note series for cash, which could help manage upcoming obligations and interest costs, although the near-term earnings effect is likely limited. Verizon note tender offers
• Neutral Sentiment: Small-business initiative: Verizon plans to direct $5 billion toward U.S. small-business suppliers over five years and is expanding its supplier accelerator program. The effort may strengthen procurement relationships and corporate reputation, but it is not expected to materially change near-term financial results. Verizon small-business supplier commitment
• Negative Sentiment: Wireless upgrade weakness: Customers are delaying or reconsidering phone upgrades, a potentially concerning signal for device sales, customer engagement and future promotional activity. Verizon declining phone upgrades
• Negative Sentiment: Analyst caution: Morgan Stanley, TD Cowen, Citi, Barclays, Daiwa Securities, BNP Paribas Exane and Goldman Sachs all lowered their expectations or price targets for Verizon. The revisions may limit upside despite the recent earnings improvement. Analyst outlook for Verizon
• Negative Sentiment: Insider selling: CEO Kyle Malady sold $47,300 of Verizon shares under a pre-arranged Rule 10b5-1 plan. The relatively small transaction is not necessarily a fundamental warning, but repeated sales can weigh modestly on sentiment. Verizon CEO insider sale

Analyst Ratings Changes

Several equities analysts recently commented on the company. Daiwa Securities Group reduced their price target on Verizon Communications from $55.00 to $52.00 and set a “buy” rating on the stock in a research report on Tuesday. Wells Fargo & Company raised their target price on shares of Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a report on Monday, July 27th. Sanford C. Bernstein reduced their price objective on shares of Verizon Communications from $47.00 to $45.00 in a research note on Tuesday, October 13th. Morgan Stanley cut their target price on shares of Verizon Communications from $52.00 to $50.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, Arete Research reduced their target price on shares of Verizon Communications from $71.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, October 1st. Thirteen analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $51.05.

About Representative Sessions

Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.

On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.

Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.

About Verizon Communications

Verizon Communications Inc is a telecommunications company that provides wireless communications, broadband, and digital connectivity services. Through its consumer business, Verizon offers mobile voice and data plans, smartphones and other connected devices, home internet, fixed wireless access, and fiber-optic broadband services under the Fios brand.

Verizon also serves businesses, government agencies, and other organizations with wireless connectivity, private networks, internet and data services, managed communications, cloud and security solutions, and Internet of Things services.