Verizon Communications (NYSE:VZ) Stock Unloaded Rep. Ritchie Torres

Key Points

• Representative Ritchie Torres recently sold between $1,001 and $15,000 in shares of Verizon Communications on July 11th, as disclosed in a filing.
• Verizon reported a net margin of 13.28% and quarterly revenue up 5.2% compared to the same quarter last year, with earnings per share exceeding estimates at $1.22.
• The company declared a quarterly dividend of $0.6775 per share, yielding 6.1%, and has a forecasted EPS of 4.69 for the current year.

Representative Ritchie Torres (D-New York) recently sold shares of Verizon Communications Inc. NYSE: VZ. In a filing disclosed on August 20th, the Representative disclosed that they had sold between $1,001 and $15,000 in Verizon Communications stock on July 11th.

Representative Ritchie Torres also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Equity Lifestyle Properties NYSE: ELS on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Northrop Grumman NYSE: NOC on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Emerson Electric NYSE: EMR on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 7/11/2025.
• Sold $1,001 - $15,000 in shares of MetLife NYSE: MET on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Oracle NYSE: ORCL on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Equity Residential NYSE: EQR on 7/11/2025.
• Sold $1,001 - $15,000 in shares of McKesson NYSE: MCK on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Ares Management NYSE: ARES on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Otis Worldwide NYSE: OTIS on 7/11/2025.

Verizon Communications Stock Performance

Verizon Communications stock traded down $0.6460 during midday trading on Friday, hitting $44.3840. 19,105,255 shares of the company's stock were exchanged, compared to its average volume of 21,408,850. The firm's 50 day simple moving average is $42.77 and its 200 day simple moving average is $43.07. Verizon Communications Inc. has a 12-month low of $37.58 and a 12-month high of $47.35. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.60 and a current ratio of 0.64. The stock has a market cap of $187.14 billion, a price-to-earnings ratio of 10.35, a price-to-earnings-growth ratio of 3.47 and a beta of 0.36.

Verizon Communications (NYSE:VZ - Get Free Report) last announced its earnings results on Monday, July 21st. The cell phone carrier reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.03. The business had revenue of $34.50 billion during the quarter, compared to the consensus estimate of $33.47 billion. Verizon Communications had a net margin of 13.28% and a return on equity of 19.61%. The business's quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.15 earnings per share. Verizon Communications has set its FY 2025 guidance at 4.636-4.728 EPS. Equities research analysts predict that Verizon Communications Inc. will post 4.69 EPS for the current year.

Verizon Communications Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Thursday, July 10th were paid a dividend of $0.6775 per share. The ex-dividend date was Thursday, July 10th. This represents a $2.71 dividend on an annualized basis and a yield of 6.1%. Verizon Communications's dividend payout ratio is currently 63.17%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on VZ. Tigress Financial lifted their target price on Verizon Communications from $55.00 to $56.00 and gave the company a "buy" rating in a research note on Monday, April 28th. JPMorgan Chase & Co. increased their price target on Verizon Communications from $47.00 to $49.00 and gave the stock a "neutral" rating in a report on Tuesday, July 22nd. Royal Bank Of Canada boosted their price objective on shares of Verizon Communications from $45.00 to $46.00 and gave the company a "sector perform" rating in a research note on Tuesday, July 22nd. Morgan Stanley raised their target price on shares of Verizon Communications from $47.00 to $48.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 22nd. Finally, Wells Fargo & Company boosted their price target on shares of Verizon Communications from $42.00 to $43.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and eleven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $47.35.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VZ. Stance Capital LLC purchased a new position in Verizon Communications in the second quarter valued at about $2,064,000. Pathway Financial Advisers LLC increased its stake in Verizon Communications by 1.2% in the 2nd quarter. Pathway Financial Advisers LLC now owns 99,889 shares of the cell phone carrier's stock valued at $4,322,000 after purchasing an additional 1,202 shares in the last quarter. Thompson Davis & CO. Inc. purchased a new stake in Verizon Communications during the second quarter worth $412,000. Monarch Capital Management Inc. boosted its position in Verizon Communications by 4.7% during the second quarter. Monarch Capital Management Inc. now owns 42,479 shares of the cell phone carrier's stock worth $1,838,000 after purchasing an additional 1,890 shares in the last quarter. Finally, North Dallas Bank & Trust Co. acquired a new stake in Verizon Communications in the second quarter valued at $372,000. 62.06% of the stock is currently owned by institutional investors and hedge funds.

About Representative Torres

Ritchie Torres (Democratic Party) is a member of the U.S. House, representing New York's 15th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Torres (Democratic Party) ran for re-election to the U.S. House to represent New York's 15th Congressional District. He won in the general election on November 5, 2024. Ritchie Torres lives in the Bronx, New York.

About Verizon Communications

Verizon Communications Inc, through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).

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