Mcdonald Partners LLC Has $1.55 Million Stake in Verizon Communications Inc. $VZ

NodeGuardian · 2026-03-07T01:45:05+00:00

Mcdonald Partners LLC cut its Verizon stake by 55.7%, now owning 35,146 shares worth $1.55 million. Verizon raised its dividend and exceeded earnings expectations, while institutional ownership is high at 62%, despite some insider sales.

NodeGuardian

2026-03-07 01:45:05

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Mcdonald Partners LLC significantly reduced its stake in Verizon Communications Inc. by 55.7% in the third quarter, now holding 35,146 shares valued at approximately $1.55 million. Despite this, Verizon recently raised its quarterly dividend to $0.7075 and reported a modest beat on earnings, setting positive FY2026 guidance. Institutional ownership remains high at around 62%, though some insiders have sold shares.

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