Intact Investment Management Inc. Reduces Stock Position in Verizon Communications Inc. $VZ

Intact Investment Management Inc. lessened its stake in shares of Verizon Communications Inc. (NYSE:VZ - Free Report) by 13.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 344,200 shares of the cell phone carrier's stock after selling 55,300 shares during the quarter. Intact Investment Management Inc.'s holdings in Verizon Communications were worth $14,019,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. RIA Advisory Group LLC increased its position in Verizon Communications by 4.5% during the 4th quarter. RIA Advisory Group LLC now owns 155,416 shares of the cell phone carrier's stock worth $6,330,000 after purchasing an additional 6,630 shares in the last quarter. Montag A & Associates Inc. increased its position in Verizon Communications by 1.8% during the 4th quarter. Montag A & Associates Inc. now owns 28,287 shares of the cell phone carrier's stock worth $1,152,000 after purchasing an additional 505 shares in the last quarter. AlphaStar Capital Management LLC boosted its stake in Verizon Communications by 23.2% in the 4th quarter. AlphaStar Capital Management LLC now owns 36,296 shares of the cell phone carrier's stock worth $1,478,000 after buying an additional 6,844 shares during the last quarter. Legacy Edge Advisors LLC acquired a new stake in Verizon Communications in the 4th quarter worth about $230,000. Finally, Pittenger & Anderson Inc. boosted its stake in Verizon Communications by 1.9% in the 4th quarter. Pittenger & Anderson Inc. now owns 66,875 shares of the cell phone carrier's stock worth $2,724,000 after buying an additional 1,225 shares during the last quarter. Hedge funds and other institutional investors own 62.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Erste Group Bank raised Verizon Communications from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 2nd. Barclays raised their price target on Verizon Communications from $43.00 to $47.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 31st. Dbs Bank lowered Verizon Communications from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, April 7th. Williams Trading set a $54.00 price target on Verizon Communications in a research note on Monday, February 2nd. Finally, Wells Fargo & Company raised their price target on Verizon Communications from $44.00 to $46.00 and gave the stock an "equal weight" rating in a research note on Tuesday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $50.59.

Insider Activity

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 value 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. The trade was a 16.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Hans Erik Vestberg sold 200,000 shares of Verizon Communications stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $49.61, for a total value of $9,922,000.00. Following the completion of the transaction, the director directly owned 145,069 shares in the company, valued at $7,196,873.09. This represents a 57.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.03% of the company's stock.

Verizon Communications Stock Performance

NYSE VZ opened at $48.17 on Monday. The firm has a market capitalization of $201.37 billion, a P/E ratio of 11.75, a P/E/G ratio of 1.01 and a beta of 0.24. 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 business's 50-day simple moving average is $48.94 and its 200-day simple moving average is $44.05.

Verizon Communications (NYSE:VZ - Get Free Report) last released its quarterly earnings data on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.07. The business had revenue of $34.44 billion for the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a return on equity of 19.25% and a net margin of 12.46%.The company's revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. Equities analysts predict that Verizon Communications Inc. will post 4.95 EPS for the current year.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Q1 surprise and subscriber momentum — Verizon reported an EPS beat and posted first-quarter postpaid phone subscriber gains, which investors view as evidence the turnaround is gaining traction; that momentum is being cited in valuation write-ups and helped lift sentiment. A Look At Verizon (VZ) Valuation After Strong Q1 Earnings And Subscriber Turnaround
• Positive Sentiment: Analyst price-target bump — JPMorgan raised its VZ price target from $49 to $52 (while keeping a neutral rating), signaling incremental upside in analyst expectations and providing a short-term technical catalyst. JPMorgan raises VZ price target
• Positive Sentiment: Partner/network recognition — Verizon’s partner Cydcor won Verizon’s 2025 ACD Wireless Agent of the Year award, reinforcing channel strength and sales execution at the retail/agent level. Cydcor Earns Verizon's 2025 ACD Wireless Agent of the Year Award
• Neutral Sentiment: Trending attention / retail interest — Zacks and other outlets note increased user interest in VZ; trending status can boost volume and volatility but is not a guarantee of sustained direction. Verizon Communications Inc. (VZ) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Adjacency to growth markets — Verizon is listed among players in industry reports (e.g., video telematics), indicating optionality beyond consumer wireless if execution in enterprise/commercial products scales. North America and Europe Video Telematics Market Research Report 2026
• Negative Sentiment: Competitive pressure from T‑Mobile — comparisons and service/perk analyses highlight T‑Mobile’s strengths and its broadband expansion, which could pressure pricing and share in both wireless and home broadband segments. T-Mobile vs. Verizon: Which Big Phone Carrier Works Best for You?
• Negative Sentiment: T‑Mobile’s broadband blitz — T‑Mobile’s capital-efficient push into broadband is described as a direct challenge to incumbents and could create longer-term margin and market-share pressure for Verizon. T-Mobile's Broadband Blitz Puts Cable on Notice (VZ)
• Negative Sentiment: Debt and income-investor risk — commentary (e.g., The Motley Fool) flags rising leverage after the Frontier acquisition as a potential “time bomb” for income investors, which could limit upside multiple expansion and increase sensitivity to interest rates. The Ticking Time Bomb That Could Force Income Investors to Sell Verizon Stock
• Negative Sentiment: Minor analyst EPS trim — Erste Group slightly cut FY2027 EPS estimates for Verizon, a small reminder that forecasts remain sensitive to revenue mix and legacy/merger-related costs. Erste Group trims VZ FY2027 EPS estimate

About Verizon Communications

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.

Want to see what other hedge funds are holding VZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verizon Communications Inc. (NYSE:VZ - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.