Verizon Communications Inc. $VZ Shares Purchased by Corrado Advisors LLC

Corrado Advisors LLC lifted its stake in Verizon Communications Inc. (NYSE:VZ) by 52.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,369 shares of the cell phone carrier’s stock after purchasing an additional 17,051 shares during the period. Corrado Advisors LLC’s holdings in Verizon Communications were worth $2,011,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Foundations Investment Advisors LLC lifted its stake in shares of Verizon Communications by 19.5% in the fourth quarter. Foundations Investment Advisors LLC now owns 383,281 shares of the cell phone carrier’s stock valued at $15,611,000 after purchasing an additional 62,461 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in shares of Verizon Communications in the fourth quarter valued at about $175,000. IFG Advisory LLC lifted its stake in shares of Verizon Communications by 3.8% in the fourth quarter. IFG Advisory LLC now owns 138,023 shares of the cell phone carrier’s stock valued at $5,622,000 after purchasing an additional 5,066 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in shares of Verizon Communications in the fourth quarter valued at about $40,000. Finally, Kingsview Wealth Management LLC lifted its stake in shares of Verizon Communications by 21.7% in the fourth quarter. Kingsview Wealth Management LLC now owns 163,411 shares of the cell phone carrier’s stock valued at $6,656,000 after purchasing an additional 29,105 shares during the period. Institutional investors and hedge funds own 62.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VZ. Erste Group Bank restated a “hold” rating on shares of Verizon Communications in a report on Tuesday, May 5th. William Blair upgraded shares of Verizon Communications to an “outperform” rating in a report on Monday, February 2nd. Scotiabank upgraded shares of Verizon Communications from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $50.25 to $54.50 in a report on Monday, March 9th. Raymond James Financial restated an “outperform” rating and set a $56.00 target price on shares of Verizon Communications in a report on Thursday, March 12th. Finally, Morgan Stanley raised their target price on shares of Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $50.59.

Verizon Communications Stock Performance

NYSE:VZ opened at $48.03 on Friday. The company has a market capitalization of $200.56 billion, a P/E ratio of 11.71, a price-to-earnings-growth ratio of 1.15 and a beta of 0.24. Verizon Communications Inc. has a twelve month low of $38.39 and a twelve month high of $51.68. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. The firm has a 50-day moving average price of $47.96 and a two-hundred day moving average price of $45.05.

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

Insider Transactions at Verizon Communications

In related news, SVP Mary-Lee Stillwell sold 8,569 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $50.00, for a total value of $428,450.00. Following the completion of the sale, the senior vice president directly owned 43,782 shares in the company, valued at approximately $2,189,100. The trade was a 16.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.

Trending Headlines about Verizon Communications

Here are the key news stories impacting Verizon Communications this week:

• Positive Sentiment: Verizon shareholders approved the company’s 2026 long-term incentive plan at the annual meeting, a sign of continued support for management’s compensation and retention framework. Verizon Shareholders Approve 2026 Long-Term Incentive Plan
• Positive Sentiment: Investor articles highlighted Verizon as a sub-$50 cash-flow and dividend-style stock that can still look attractive even with elevated Treasury yields, reinforcing the appeal of its steady earnings and income profile. The Sub-$50 Institutional Cash-Flow Machine That Remains Attractive Despite High Risk Free Yields
• Positive Sentiment: Coverage noting Verizon has been trading in the green for multiple sessions and remains a trending stock suggests improving near-term sentiment around the shares. Verizon trades in green for the seventh session
• Positive Sentiment: Analyst-style articles also pointed to Verizon’s role in the growing 5G and AI connectivity theme, which can support the bull case for longer-term revenue opportunities. AI Can’t Reach the Real World Without These 3 Stocks

About Verizon Communications

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.