Bryn Mawr Trust Advisors LLC Sells 18,093 Shares of Verizon Communications Inc. $VZ

Bryn Mawr Trust Advisors LLC trimmed its stake in shares of Verizon Communications Inc. (NYSE:VZ) by 9.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 170,656 shares of the cell phone carrier’s stock after selling 18,093 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in Verizon Communications were worth $6,951,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. UNIVEST FINANCIAL Corp boosted its position in Verizon Communications by 11.6% during the fourth quarter. UNIVEST FINANCIAL Corp now owns 23,266 shares of the cell phone carrier’s stock worth $948,000 after purchasing an additional 2,424 shares during the period. Marco Investment Management LLC boosted its position in Verizon Communications by 5.5% during the fourth quarter. Marco Investment Management LLC now owns 87,334 shares of the cell phone carrier’s stock worth $3,557,000 after purchasing an additional 4,570 shares during the period. Plato Investment Management Ltd boosted its position in Verizon Communications by 5.1% during the fourth quarter. Plato Investment Management Ltd now owns 145,415 shares of the cell phone carrier’s stock worth $5,952,000 after purchasing an additional 7,028 shares during the period. Pandora Wealth Inc. boosted its position in Verizon Communications by 297.2% during the fourth quarter. Pandora Wealth Inc. now owns 6,057 shares of the cell phone carrier’s stock worth $247,000 after purchasing an additional 4,532 shares during the period. Finally, NewEdge Wealth LLC boosted its position in Verizon Communications by 40.0% during the fourth quarter. NewEdge Wealth LLC now owns 134,188 shares of the cell phone carrier’s stock worth $5,465,000 after purchasing an additional 38,335 shares during the period. 62.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Morgan Stanley lifted their price objective on shares of Verizon Communications from $49.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Barclays lifted their price objective on shares of Verizon Communications from $43.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 31st. Citigroup lifted their target price on Verizon Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, March 20th. Wells Fargo & Company lifted their target price on Verizon Communications from $44.00 to $46.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 28th. Finally, Royal Bank Of Canada boosted their price target on Verizon Communications from $44.00 to $48.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, Verizon Communications has an average rating of “Moderate Buy” and an average target price of $50.59.

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 value of $428,450.00. Following the sale, the senior vice president directly 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 SEC, which is available at this hyperlink. Also, Director Hans Erik Vestberg sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $49.61, for a total value of $9,922,000.00. Following the completion of the sale, the director owned 145,069 shares in the company, valued at $7,196,873.09. The trade was a 57.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.03% of the company’s stock.

Key Stories Impacting Verizon Communications

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

• Positive Sentiment: Verizon will have CEO Dan Schulman speak at two upcoming investor conferences, giving management a chance to outline strategy, answer questions on the business outlook, and potentially reinforce confidence in the company’s execution. Verizon to Speak at Upcoming Investor Conferences
• Positive Sentiment: Erste Group raised its FY2026 EPS estimate for Verizon to $4.96 from $4.92, signaling slightly better earnings expectations and suggesting analysts see stable fundamentals ahead. Verizon Communications (VZ) Surged from Excellent Execution
• Positive Sentiment: Verizon’s broader fiber expansion and buyback plans continue to support the investment case, as the company now has a larger fiber footprint and a $25 billion repurchase authorization that can help offset share dilution and support per-share metrics. Verizon Weighs Frontier Fiber Expansion Against Buybacks And Cost Cuts
• Neutral Sentiment: Verizon also confirmed a few hundred job cuts as part of an ongoing operational revamp. The move supports cost discipline, but it is not large enough on its own to materially change the near-term earnings outlook. Verizon cutting a few hundred jobs nationwide

Verizon Communications Stock Performance

NYSE:VZ opened at $47.21 on Friday. The stock has a market cap of $197.12 billion, a P/E ratio of 11.51, a price-to-earnings-growth ratio of 0.99 and a beta of 0.24. 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 stock’s 50-day moving average is $48.81 and its 200-day moving average is $44.20. Verizon Communications Inc. has a 1-year low of $38.39 and a 1-year high of $51.68.

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

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.