Verizon Communications Inc. $VZ is Patrick Mauro Investment Advisor INC.'s 5th Largest Position

Key Points

• Patrick Mauro Investment Advisor INC. increased its Verizon stake by 9.6% in the fourth quarter, bringing its holdings to 267,374 shares worth about $10.89 million. Verizon is now the firm’s 5th largest position and makes up 5.7% of its portfolio.
• Verizon reported Q1 earnings of $1.28 per share, topping analyst estimates, though revenue of $34.44 billion came in slightly below expectations. The company also reiterated FY 2026 guidance of 4.950–4.990 EPS.
• Wall Street sentiment remains mixed but generally positive, with an average rating of “Moderate Buy” and a consensus price target of $50.59. Insider activity included SVP Mary-Lee Stillwell selling 8,569 shares at $50.00 each.

Patrick Mauro Investment Advisor INC. increased its holdings in shares of Verizon Communications Inc. (NYSE:VZ - Free Report) by 9.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 267,374 shares of the cell phone carrier's stock after purchasing an additional 23,432 shares during the period. Verizon Communications accounts for about 5.7% of Patrick Mauro Investment Advisor INC.'s holdings, making the stock its 5th biggest holding. Patrick Mauro Investment Advisor INC.'s holdings in Verizon Communications were worth $10,890,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Blake Schutter Theil Wealth Advisors LLC boosted its position in Verizon Communications by 3.8% during the 4th quarter. Blake Schutter Theil Wealth Advisors LLC now owns 6,305 shares of the cell phone carrier's stock worth $257,000 after purchasing an additional 233 shares during the period. Triton Wealth Management PLLC boosted its position in Verizon Communications by 2.6% during the 4th quarter. Triton Wealth Management PLLC now owns 9,257 shares of the cell phone carrier's stock worth $377,000 after purchasing an additional 234 shares during the period. Clearstead Trust LLC boosted its position in Verizon Communications by 2.5% during the 4th quarter. Clearstead Trust LLC now owns 9,788 shares of the cell phone carrier's stock worth $399,000 after purchasing an additional 240 shares during the period. CWS Financial Advisors LLC boosted its position in Verizon Communications by 1.7% in the 4th quarter. CWS Financial Advisors LLC now owns 14,891 shares of the cell phone carrier's stock valued at $607,000 after buying an additional 246 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its position in Verizon Communications by 0.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 27,471 shares of the cell phone carrier's stock valued at $1,119,000 after buying an additional 248 shares during the last quarter. 62.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Raymond James Financial reissued an "outperform" rating and issued a $56.00 price objective on shares of Verizon Communications in a research report on Thursday, March 12th. Evercore upped their price objective on shares of Verizon Communications from $48.00 to $50.00 and gave the company an "outperform" rating in a research report on Monday, February 2nd. Dbs Bank cut shares of Verizon Communications from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, April 7th. Royal Bank Of Canada upped their price objective on shares of Verizon Communications from $44.00 to $48.00 and gave the company a "sector perform" rating in a research report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Verizon Communications from $49.00 to $52.00 and gave the company a "neutral" rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $50.59.

Verizon Communications Stock Performance

NYSE:VZ opened at $47.84 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.64 and a quick ratio of 0.61. The firm has a 50-day moving average of $47.93 and a two-hundred day moving average of $45.07. The stock has a market cap of $199.78 billion, a P/E ratio of 11.67, a PEG ratio of 1.15 and a beta of 0.24. Verizon Communications Inc. has a 1-year low of $38.39 and a 1-year high of $51.68.

Verizon Communications (NYSE:VZ - Get Free Report) last issued its earnings results on Monday, April 27th. The cell phone carrier reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.21 by $0.07. The business had revenue of $34.44 billion for the quarter, compared to analyst estimates of $34.82 billion. Verizon Communications had a net margin of 12.46% and a return on equity of 19.25%. The company's revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.19 EPS. Verizon Communications has set its FY 2026 guidance at 4.950-4.990 EPS. On average, research analysts expect that Verizon Communications Inc. will post 4.96 earnings per share for the current fiscal year.

Insider Activity

In other news, 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 value of $428,450.00. Following the sale, the senior vice president owned 43,782 shares in the company, valued at approximately $2,189,100. This represents a 16.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.03% of the company's stock.

Verizon Communications Company 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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