PYA Waltman Capital LLC Buys 964 Shares of Verizon Communications Inc. (NYSE:VZ)

12 Jul 2025, 15:44 by Mitch Edgeman · The Markets Daily

PYA Waltman Capital LLC increased its stake in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 3.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 27,716 shares of the cell phone carrier’s stock after purchasing an additional 964 shares during the quarter. PYA Waltman Capital LLC’s holdings in Verizon Communications were worth $1,257,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Verizon Communications by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 363,824,525 shares of the cell phone carrier’s stock valued at $14,549,343,000 after acquiring an additional 5,697,337 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Verizon Communications by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 96,823,092 shares of the cell phone carrier’s stock valued at $3,862,441,000 after buying an additional 998,847 shares in the last quarter. Norges Bank purchased a new stake in shares of Verizon Communications in the fourth quarter valued at approximately $2,300,846,000. Northern Trust Corp grew its stake in Verizon Communications by 12.4% in the fourth quarter. Northern Trust Corp now owns 45,043,310 shares of the cell phone carrier’s stock worth $1,801,282,000 after purchasing an additional 4,951,733 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Verizon Communications by 13.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 38,893,487 shares of the cell phone carrier’s stock valued at $1,555,351,000 after purchasing an additional 4,568,518 shares in the last quarter. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Insider Buying and Selling

In other news, CEO Kyle Malady sold 9,000 shares of the stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of $44.10, for a total value of $396,900.00. Following the sale, the chief executive officer owned 10,008 shares in the company, valued at $441,352.80. This represents a 47.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders have sold 21,500 shares of company stock worth $938,400. Insiders own 0.10% of the company’s stock.

Verizon Communications Trading Down 1.0%

Verizon Communications stock opened at $41.63 on Friday. Verizon Communications Inc. has a one year low of $37.59 and a one year high of $47.36. The stock has a market cap of $175.52 billion, a PE ratio of 9.91, a price-to-earnings-growth ratio of 3.37 and a beta of 0.37. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.58 and a current ratio of 0.61. The stock has a 50-day moving average of $43.14 and a two-hundred day moving average of $42.36.

Verizon Communications (NYSE:VZ – Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The cell phone carrier reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $0.04. Verizon Communications had a return on equity of 19.66% and a net margin of 13.14%. The business had revenue of $33.50 billion for the quarter, compared to analyst estimates of $33.31 billion. On average, research analysts anticipate that Verizon Communications Inc. will post 4.69 EPS for the current fiscal year.

Verizon Communications Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Thursday, July 10th will be given a dividend of $0.6775 per share. This represents a $2.71 dividend on an annualized basis and a yield of 6.51%. The ex-dividend date of this dividend is Thursday, July 10th. Verizon Communications’s dividend payout ratio is presently 64.52%.

Analyst Upgrades and Downgrades

VZ has been the topic of a number of recent research reports. Morgan Stanley assumed coverage on Verizon Communications in a research report on Thursday. They set an “equal weight” rating and a $47.00 price target on the stock. Scotiabank increased their target price on shares of Verizon Communications from $48.50 to $49.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 23rd. Wells Fargo & Company boosted their price target on shares of Verizon Communications from $42.00 to $43.00 and gave the company an “equal weight” rating in a report on Thursday. Tigress Financial upped their price target on shares of Verizon Communications from $55.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, April 28th. Finally, Bank of America began coverage on shares of Verizon Communications in a report on Monday, July 7th. They set a “neutral” rating and a $45.00 price objective on the stock. Eleven analysts have rated the stock with a hold rating, seven have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $47.00.

View Our Latest Research Report on Verizon Communications

About Verizon Communications

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