Verizon Business provides KPMG's new Manhattan headquarters with a dedicated 5G network for enhanced connectivity and collaboration.
Quiver AI Summary
Verizon Business has partnered with KPMG LLP to equip its new U.S. headquarters at Two Manhattan West in New York City with a dedicated 5G-powered Neutral Host Network. This advanced network solution aims to provide seamless and reliable wireless connectivity for KPMG's clients and employees, facilitating enhanced collaboration and decision-making. Yesenia Scheker Izquierdo, KPMG's New York Office Managing Partner, emphasized the importance of this high-performance infrastructure in delivering a tech-enabled experience. The deployment reflects a growing trend among enterprises to simplify in-building connectivity while future-proofing their network investments. Jennifer Artley from Verizon noted the expanded collaboration highlights their shared commitment to innovation, especially in transforming client services and operational efficiency through advanced connectivity solutions.
Potential Positives
- Verizon Business has successfully implemented a dedicated 5G Neutral Host Network at KPMG's new headquarters, enhancing the connectivity and operational efficiency for KPMG's employees and clients.
- This partnership showcases Verizon's commitment to innovation and digital transformation, further solidifying its reputation as a trusted technology partner for major enterprises.
- The deployment of advanced 5G technology at a prominent location like Two Manhattan West highlights Verizon's role in shaping the future of workplace connectivity, catering to evolving business needs.
Potential Negatives
- The press release emphasizes a new partnership with KPMG but lacks information on any previous issues or challenges faced, which could raise questions about Verizon's network reliability in high-profile collaborations.
- The focus on Neutral Host Networks may highlight the need for improved in-building connectivity solutions, suggesting current offerings are insufficient for major clients like KPMG.
- By not detailing the technology's impact or metrics for success, the press release leaves potential investors questioning the tangible benefits and effectiveness of the collaboration.
FAQ
What is the new partnership between Verizon and KPMG?
Verizon has equipped KPMG's new U.S. headquarters with a dedicated 5G network to enhance connectivity and collaboration.
Where is KPMG's new headquarters located?
KPMG's new headquarters is located at Two Manhattan West in New York City.
What benefits does the Neutral Host Network provide?
The Neutral Host Network offers high-speed, reliable connectivity across carriers, enhancing collaboration and decision-making for KPMG employees and clients.
How does Verizon's technology improve KPMG's workplace?
Verizon's technology facilitates immersive collaboration and innovation, helping to streamline operations and improve client service.
What industries are impacted by Verizon and KPMG's collaboration?
The collaboration aims to transform the healthcare and life sciences sectors with advanced 5G and mobile edge compute solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VZ Congressional Stock Trading
Members of Congress have traded $VZ stock 9 times in the past 6 months. Of those trades, 2 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $VZ stock by members of Congress over the last 6 months:
- SENATOR SHELDON WHITEHOUSE sold up to $15,000 on 09/04.
- REPRESENTATIVE KELLY MORRISON sold up to $15,000 on 08/19.
- REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 08/14.
- REPRESENTATIVE TIM MOORE has traded it 2 times. They made 1 purchase worth up to $50,000 on 07/29 and 1 sale worth up to $50,000 on 08/01.
- REPRESENTATIVE RITCHIE TORRES sold up to $15,000 on 07/11.
- REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 06/24 and 1 sale worth up to $15,000 on 07/10.
- REPRESENTATIVE JEFFERSON SHREVE sold up to $50,000 on 05/12.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$VZ Insider Trading Activity
$VZ insiders have traded $VZ stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $VZ stock by insiders over the last 6 months:
- KYLE MALADY (EVP and Group CEO-VZ Business) has made 0 purchases and 3 sales selling 19,000 shares for an estimated $835,001.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VZ Hedge Fund Activity
We have seen 1,535 institutional investors add shares of $VZ stock to their portfolio, and 1,363 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF AMERICA CORP /DE/ added 25,088,080 shares (+79.6%) to their portfolio in Q2 2025, for an estimated $1,085,561,221
- CAPITAL WORLD INVESTORS removed 12,670,524 shares (-56.9%) from their portfolio in Q2 2025, for an estimated $548,253,573
- FMR LLC removed 6,693,242 shares (-15.4%) from their portfolio in Q2 2025, for an estimated $289,616,581
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 5,916,250 shares (-50.0%) from their portfolio in Q2 2025, for an estimated $255,996,137
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 5,660,185 shares (+13.5%) to their portfolio in Q2 2025, for an estimated $244,916,204
- VANGUARD GROUP INC added 4,615,075 shares (+1.3%) to their portfolio in Q2 2025, for an estimated $199,694,295
- STATE STREET CORP added 4,205,449 shares (+2.1%) to their portfolio in Q2 2025, for an estimated $181,969,778
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$VZ Analyst Ratings
Wall Street analysts have issued reports on $VZ in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- TD Cowen issued a "Buy" rating on 10/30/2025
- Goldman Sachs issued a "Buy" rating on 09/02/2025
To track analyst ratings and price targets for $VZ, check out Quiver Quantitative's $VZ forecast page.
$VZ Price Targets
Multiple analysts have issued price targets for $VZ recently. We have seen 9 analysts offer price targets for $VZ in the last 6 months, with a median target of $49.0.
Here are some recent targets:
- Sebastiano Petti from JP Morgan set a target price of $47.0 on 10/30/2025
- Jonathan Atkin from RBC Capital set a target price of $44.0 on 10/30/2025
- Gregory Williams from TD Cowen set a target price of $51.0 on 10/30/2025
- Maher Yaghi from Scotiabank set a target price of $51.0 on 10/30/2025
- Michael Ng from Goldman Sachs set a target price of $49.0 on 09/02/2025
- Michael Funk from B of A Securities set a target price of $49.0 on 07/22/2025
- Benjamin Swinburne from Morgan Stanley set a target price of $48.0 on 07/22/2025
Full Release
NEW YORK, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Verizon Business today announced that it has equipped the new U.S. headquarters of KPMG LLP, the U.S. audit, tax and advisory firm, with a dedicated network powered by Verizon 5G. Located at Two Manhattan West in New York City, the office’s Neutral Host Network solution will leverage Verizon’s advanced 5G technology and infrastructure to deliver a seamless and reliable wireless experience—across carriers—for KPMG clients and employees alike.
“Our new headquarters at Two Manhattan West is designed to deliver a first-class, tech-enabled experience for our people and clients, and Verizon Business is the trusted partner helping us bring that vision to life,” said Yesenia Scheker Izquierdo, KPMG New York Office Managing Partner and U.S. Sector Leader for Asset Management. “Partnering with Verizon Business to bring a Neutral Host Network to our new Manhattan headquarters ensures that our people and clients benefit from high-performance connectivity that accelerates collaboration and enables smarter, faster decision-making.”
Neutral Host Networks are increasingly being embraced by large enterprises looking to simplify in-building or campus coverage, reduce operational complexity, and future-proof their investments in network infrastructure. Designed to power KPMG’s next-generation workplace, Verizon’s Neutral Host Network will provide KPMG employees and visitors with the high-speed connectivity and consistent user experience necessary for facilitating immersive collaboration and technology innovation. Furthermore, Verizon Neutral Host Networks can connect phones, tablets and other devices to the public networks of all major U.S. carriers who opt-in to join the network.
“KPMG and Verizon have a long history of collaboration, and we are proud to expand our partnership to bring the convenience and reliability of Neutral Host Networking to their landmark Two Manhattan West headquarters,” said Jennifer Artley, Senior Vice President, 5G Acceleration, Verizon Business. “This deployment exemplifies how leading organizations are rethinking the workplace experience and leading with connectivity to drive better employee experiences, operational efficiency, and business outcomes.”
By enhancing KPMG's connectivity infrastructure, Verizon is enabling KPMG to continue focusing on providing a best-in-class client service. This new collaboration marks yet another milestone in the companies’ shared commitment to innovation and digital transformation, which includes partnering to deliver 5G and mobile edge compute (MEC) solutions designed to transform the healthcare and life sciences sector.
Learn more about Verizon Neutral Host Network solutions.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news . News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/ .
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Katy Reddin
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