At the end of Q1 2022, Stamos Capital owned stakes worth over $13.7 million in Verizon Communications Inc. (NYSE:VZ), purchasing additional 96,000 VZ shares during the quarter. The company accounted for 4.58% of Peter S. Stamos' portfolio. In May, Wolfe Research set a $50 price target on Verizon Communications Inc. (NYSE:VZ), with a Peer Perform rating on the shares, appreciating the company's media, cable, and telecom sectors.