Sumitomo Mitsui Trust Group, Inc., a registered investment adviser, initiated a new position in Verizon Communications Inc. (NYSE:VZ) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 11,941,909 shares of the Communication Services company, valued at approximately $486.4M as of the filing date.
Verizon Communications Inc.'s stock currently trades at $39.40 with a market capitalization of $169.5B.
