New Age Alpha Advisors LLC Raises Stake in Verizon Communications Inc. $VZ

New Age Alpha Advisors LLC grew its stake in shares of Verizon Communications Inc. (NYSE:VZ) by 593.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 35,264 shares of the cell phone carrier’s stock after purchasing an additional 30,182 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Verizon Communications were worth $1,436,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Mathes Company Inc. boosted its stake in shares of Verizon Communications by 44.2% during the fourth quarter. Mathes Company Inc. now owns 21,700 shares of the cell phone carrier’s stock valued at $884,000 after purchasing an additional 6,650 shares during the period. Allen Capital Group LLC boosted its stake in shares of Verizon Communications by 1.9% during the fourth quarter. Allen Capital Group LLC now owns 135,965 shares of the cell phone carrier’s stock valued at $5,538,000 after purchasing an additional 2,496 shares during the period. Atticus Wealth Management LLC boosted its stake in shares of Verizon Communications by 7.9% during the fourth quarter. Atticus Wealth Management LLC now owns 15,900 shares of the cell phone carrier’s stock valued at $648,000 after purchasing an additional 1,160 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of Verizon Communications by 9.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 7,372 shares of the cell phone carrier’s stock valued at $300,000 after purchasing an additional 666 shares during the period. Finally, Pathfinder Wealth Consulting Inc. purchased a new stake in shares of Verizon Communications during the fourth quarter valued at approximately $221,000. Hedge funds and other institutional investors own 62.06% of the company’s stock.

Verizon Communications Price Performance

Shares of Verizon Communications stock opened at $48.30 on Thursday. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.38. The company has a market cap of $201.70 billion, a PE ratio of 11.78, a P/E/G ratio of 1.16 and a beta of 0.24. The business has a 50 day moving average of $48.01 and a 200 day moving average of $44.99. Verizon Communications Inc. has a 52 week low of $38.39 and a 52 week high of $51.68.

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

Analyst Ratings Changes

A number of analysts have recently weighed in on VZ shares. Weiss Ratings raised Verizon Communications from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Oppenheimer increased their price objective on Verizon Communications from $50.00 to $56.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Sanford C. Bernstein reissued a “market perform” rating and set a $48.00 price objective on shares of Verizon Communications in a research note on Monday, February 2nd. Morgan Stanley increased their price objective on Verizon Communications from $49.00 to $50.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 28th. Finally, Dbs Bank lowered Verizon Communications from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $50.59.

Trending Headlines about Verizon Communications

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

• Positive Sentiment: Verizon is part of a proposed satellite direct-to-device venture with AT&T and T-Mobile, a move that could help expand coverage, reduce dead zones, and improve emergency communications capabilities. T-Mobile Joins Rivals On Satellite Venture With Shares Below Targets
• Positive Sentiment: Investor attention remains elevated after Verizon’s last earnings report, where the company beat EPS estimates, supporting confidence in its cash generation and wireless business. Why Is Verizon (VZ) Up 2.7% Since Last Earnings Report?
• Neutral Sentiment: Verizon continues to show up on trader screens and stock-watch lists, suggesting the market is still focused on its upcoming catalysts rather than any single major new development. Here is What to Know Beyond Why Verizon Communications Inc. (VZ) is a Trending Stock
• Neutral Sentiment: Sector commentary around 5G, AI connectivity, and telecom infrastructure may be giving Verizon some broader support, but these themes are more long-term than immediate stock-moving news. AI Can’t Reach the Real World Without These 3 Stocks
• Neutral Sentiment: Articles discussing a broader fleet-telematics market expansion are not specific to Verizon, so any stock impact is likely indirect at best. Fleet Telematics Market Forecast

Insider Activity at Verizon Communications

In related news, SVP Mary-Lee Stillwell sold 8,569 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $50.00, for a total transaction of $428,450.00. Following the completion of the transaction, the senior vice president owned 43,782 shares in the company, valued at $2,189,100. This represents a 16.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.03% of the stock is currently owned by corporate insiders.

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.