Verizon Communications Inc. $VZ Shares Sold by Roffman Miller Associates Inc. PA
by Tristan Rich · The Markets DailyRoffman Miller Associates Inc. PA cut its stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 4.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 380,127 shares of the cell phone carrier’s stock after selling 18,322 shares during the period. Roffman Miller Associates Inc. PA’s holdings in Verizon Communications were worth $15,483,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. TruNorth Capital Management LLC raised its position in Verizon Communications by 95.3% during the third quarter. TruNorth Capital Management LLC now owns 625 shares of the cell phone carrier’s stock worth $27,000 after acquiring an additional 305 shares during the period. Holos Integrated Wealth LLC acquired a new position in Verizon Communications during the fourth quarter worth $28,000. Foster Dykema Cabot & Partners LLC acquired a new position in Verizon Communications during the third quarter worth $29,000. Global Wealth Strategies & Associates raised its position in Verizon Communications by 739.5% during the third quarter. Global Wealth Strategies & Associates now owns 680 shares of the cell phone carrier’s stock worth $30,000 after acquiring an additional 599 shares during the period. Finally, Daytona Street Capital LLC acquired a new position in Verizon Communications during the fourth quarter worth $33,000. 62.06% of the stock is currently owned by institutional investors and hedge funds.
Verizon Communications Price Performance
Shares of NYSE VZ opened at $47.72 on Friday. The stock has a market capitalization of $199.46 billion, a price-to-earnings ratio of 11.78, a price-to-earnings-growth ratio of 2.01 and a beta of 0.29. The firm has a 50-day simple moving average of $49.26 and a 200-day simple moving average of $43.60. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68. The company has a quick ratio of 0.87, a current ratio of 0.91 and a debt-to-equity ratio of 1.32.
Verizon Communications (NYSE:VZ – Get Free Report) last posted its quarterly earnings results on Friday, January 30th. The cell phone carrier reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. The business had revenue of $36.38 billion during the quarter, compared to analyst estimates of $36.20 billion. Verizon Communications had a return on equity of 19.03% and a net margin of 12.43%.The business’s revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.10 earnings per share. Verizon Communications has set its FY 2026 guidance at 4.900-4.950 EPS. On average, equities analysts predict that Verizon Communications Inc. will post 4.69 earnings per share for the current fiscal year.
Verizon Communications Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be paid a dividend of $0.7075 per share. This represents a $2.83 dividend on an annualized basis and a yield of 5.9%. This is an increase from Verizon Communications’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend is Friday, April 10th. Verizon Communications’s dividend payout ratio is presently 68.15%.
Insiders Place Their Bets
In other Verizon Communications news, EVP Joseph J. Russo sold 9,579 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $44.88, for a total transaction of $429,905.52. Following the transaction, the executive vice president owned 44,045 shares of the company’s stock, valued at approximately $1,976,739.60. The trade was a 17.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Mary-Lee Stillwell sold 8,569 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $50.00, for a total transaction of $428,450.00. Following the completion of the sale, the senior vice president directly owned 43,782 shares of the company’s stock, valued at $2,189,100. This represents a 16.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 218,148 shares of company stock valued at $10,780,356. Insiders own 0.10% of the company’s stock.
Key Verizon Communications News
Here are the key news stories impacting Verizon Communications this week:
- Positive Sentiment: Huge one‑day call buying: Traders bought roughly 325,956 VZ call options on Thursday (≈300% above average), which is a strong short‑term bullish flow that can lift the stock or signal expectation of upside catalysts.
- Positive Sentiment: Media/analyst praise and momentum: Commentary from Jim Cramer and articles highlighting Verizon’s recent outperformance, fiber expansion and bundle strategy reinforce investor confidence in upside from network investments. Jim Cramer Says “Verizon’s Actually Got Some Game Here”
- Positive Sentiment: Dividend appeal: Coverage in Barron’s / Yahoo highlights Verizon as a 5%-yielding, dividend-raising name — attracts income investors and supports base demand for the stock. These Companies Pay 5% Dividend Yields and Are Raising Them Too
- Positive Sentiment: Fundamental/strategy coverage: Analysts and outlets note Verizon’s fiber growth, the Frontier deal and bundling that helped VZ climb ~20% in recent months — supports a constructive medium‑term thesis even as margins face pressure. Verizon Shares Rise 20.6% in Three Months: How to Play the Stock
- Positive Sentiment: Analyst support: Erste Group nudged FY2027 EPS estimates slightly higher and keeps a Strong‑Buy stance, indicating some sell‑side conviction beneath the recent run. (Research note referenced 4/2)
- Neutral Sentiment: Advertising disclosure ruling: BBB’s NAD found Verizon’s pricing disclosures adequate in a challenge by T‑Mobile — removes a small regulatory/PR overhang but has limited price impact. NAD Finds Verizon Wireless Pricing Disclosures Adequate
- Neutral Sentiment: Market context: Macro/geopolitical caution pushes some investors toward dividends as a safety trade — this supports Verizon’s appeal but may also cap aggressive growth positioning. Geopolitical Risks Are Seriously High. Why I’d Shift to Dividends
- Negative Sentiment: DBS downgrade to Hold: DBS cut VZ from Buy to Hold and set a $52 target, citing the stock’s strong run and limited near‑term upside — this likely triggered some profit‑taking and selling pressure. DBS Bank Downgrades Verizon (VZ) to Hold
- Negative Sentiment: Short‑term pullback/price action: Several pieces note a recent pullback after a strong YTD run, and a report flagged the stock closing lower despite broader market gains — signaling profit‑taking and rotation out of the name. Verizon Communications (VZ) Stock Drops Despite Market Gains
Analyst Ratings Changes
A number of research firms have weighed in on VZ. JPMorgan Chase & Co. upped their price objective on shares of Verizon Communications from $47.00 to $49.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Morgan Stanley upped their price objective on shares of Verizon Communications from $47.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Monday, February 2nd. Scotiabank upgraded shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the stock from $50.25 to $54.50 in a research report on Monday, March 9th. Citigroup upped their price objective on shares of Verizon Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, March 20th. Finally, Oppenheimer upped their price objective on shares of Verizon Communications from $50.00 to $56.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Verizon Communications presently has an average rating of “Moderate Buy” and an average price target of $50.56.
View Our Latest Stock Analysis on VZ
Verizon Communications 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.
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