United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Makes New Investment in Verizon Communications Inc. $VZ

Key Points

• United Super Pty Ltd disclosed a new fourth-quarter stake in Verizon Communications, buying 1,314,891 shares valued at about $53.6 million.
• Institutional ownership remains high, with several other hedge funds also adding positions and 62.06% of Verizon’s stock held by institutions overall.
• Verizon’s latest quarter showed EPS of $1.28, topping estimates, while analysts currently rate the stock Moderate Buy with an average price target of $50.59.

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in Verizon Communications Inc. (NYSE:VZ - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,314,891 shares of the cell phone carrier's stock, valued at approximately $53,556,000.

Other hedge funds also recently added to or reduced their stakes in the company. Strengthening Families & Communities LLC lifted its stake in Verizon Communications by 490.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 649 shares of the cell phone carrier's stock valued at $26,000 after buying an additional 539 shares during the last quarter. Holos Integrated Wealth LLC bought a new stake in Verizon Communications in the fourth quarter valued at $28,000. Foster Dykema Cabot & Partners LLC bought a new stake in Verizon Communications in the third quarter valued at $29,000. EQ Wealth Advisors LLC bought a new stake in Verizon Communications in the fourth quarter valued at $29,000. Finally, Daytona Street Capital LLC bought a new stake in Verizon Communications in the fourth quarter valued at $33,000. 62.06% of the stock is currently owned by institutional investors.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Verizon shareholders approved the company’s 2026 long-term incentive plan at the annual meeting, a sign of continued support for management’s compensation and retention framework. Verizon Shareholders Approve 2026 Long-Term Incentive Plan
• Positive Sentiment: Investor articles highlighted Verizon as a sub-$50 cash-flow and dividend-style stock that can still look attractive even with elevated Treasury yields, reinforcing the appeal of its steady earnings and income profile. The Sub-$50 Institutional Cash-Flow Machine That Remains Attractive Despite High Risk Free Yields
• Positive Sentiment: Coverage noting Verizon has been trading in the green for multiple sessions and remains a trending stock suggests improving near-term sentiment around the shares. Verizon trades in green for the seventh session
• Positive Sentiment: Analyst-style articles also pointed to Verizon’s role in the growing 5G and AI connectivity theme, which can support the bull case for longer-term revenue opportunities. AI Can’t Reach the Real World Without These 3 Stocks

Wall Street Analyst Weigh In

A number of research firms have issued reports on VZ. Oppenheimer raised their target price on Verizon Communications from $50.00 to $56.00 and gave the company an "outperform" rating in a research note on Wednesday, March 11th. Scotiabank upgraded Verizon Communications from a "sector perform" rating to a "sector outperform" rating and raised their target price for the company from $50.25 to $54.50 in a research note on Monday, March 9th. JPMorgan Chase & Co. lifted their price objective on shares of Verizon Communications from $49.00 to $52.00 and gave the company a "neutral" rating in a research note on Thursday, April 30th. Raymond James Financial restated an "outperform" rating and set a $56.00 price objective on shares of Verizon Communications in a research note on Thursday, March 12th. Finally, Erste Group Bank restated a "hold" rating on shares of Verizon Communications in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, Verizon Communications currently has an average rating of "Moderate Buy" and an average price target of $50.59.

Insider Buying and Selling

In other Verizon Communications news, SVP Mary-Lee Stillwell sold 8,569 shares of the business's stock in a transaction dated 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 directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.03% of the company's stock.

Verizon Communications Price Performance

Shares of Verizon Communications stock opened at $48.03 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The company's 50-day moving average price is $47.96 and its two-hundred day moving average price is $45.05. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68. The stock has a market cap of $200.56 billion, a PE ratio of 11.71, a price-to-earnings-growth ratio of 1.15 and a beta of 0.24.

Verizon Communications (NYSE:VZ - Get Free Report) last issued its quarterly earnings results on Monday, April 27th. The cell phone carrier reported $1.28 EPS for the quarter, topping the consensus estimate of $1.21 by $0.07. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The firm had revenue of $34.44 billion for the quarter, compared to analysts' expectations of $34.82 billion. During the same period in the previous year, the business earned $1.19 earnings per share. Verizon Communications's revenue for the quarter was up 2.7% compared to the same quarter last year. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. As a group, sell-side analysts anticipate that Verizon Communications Inc. will post 4.96 EPS for the current fiscal year.

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.

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