ProShare Advisors LLC increased its stake in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 3.2% in the third quarter, Holdings Channel.com reports. The firm owned 1,122,149 shares of the Wireless communications provider’s stock after purchasing an additional 34,702 shares during the quarter. ProShare Advisors LLC’s holdings in T-Mobile US were worth $183,000,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of T-Mobile US during the 2nd quarter worth approximately $6,625,275,000. Bank of New York Mellon Corp purchased a new position in T-Mobile US during the second quarter worth about $839,194,000. Amundi raised its position in T-Mobile US by 40.6% in the first quarter. Amundi now owns 3,679,795 shares of the Wireless communications provider’s stock worth $772,867,000 after acquiring an additional 1,062,643 shares during the period. Bank of America Corp DE bought a new position in T-Mobile US in the 2nd quarter worth approximately $758,977,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of T-Mobile US by 1.1% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,076,380 shares of the Wireless communications provider’s stock valued at $683,731,000 after acquiring an additional 43,783 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.
Key Headlines Impacting T-Mobile US
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: Strong Q3 performance and raised guidance: T-Mobile reported $3.22 in quarterly EPS, above expectations, while net income increased approximately 27%. Growth in service revenue, premium-plan adoption, account additions and average revenue per account helped drive the beat. Management raised its 2026 earnings, EBITDA and free-cash-flow outlook, providing a positive catalyst for TMUS. TMUS Q3 Earnings Beat Estimates on Strong Service Revenue Growth
- Positive Sentiment: SpaceX may face a costly challenge: Estimates that SpaceX could need an additional $120 billion to $130 billion to build a nationwide wireless rival support the competitive position of established carriers, including T-Mobile. This reduces near-term fears that SpaceX can quickly replicate TMUS’s network and customer scale. SpaceX’s $28 Billion Spectrum Deals May Not Be Enough
- Neutral Sentiment: Analyst views remain mixed: JPMorgan, KeyCorp, Deutsche Bank and Citi reduced their price targets, while maintaining ratings ranging from neutral to overweight. Scotiabank raised its target modestly and TD Cowen retained a buy rating, indicating substantial long-term upside but less near-term consensus confidence.
- Negative Sentiment: Customer and spending risks: Postpaid account churn rose to 1.09% from 0.97%, and free-cash-flow growth partly reflected lower capital spending that is expected to increase in the fourth quarter. High debt, intense competition and rising costs could constrain future shareholder returns. T-Mobile Profit Up 27% as Account Churn Rises
- Negative Sentiment: Merger uncertainty and SpaceX strategy: Reports that Deutsche Telekom has put a potential $300 billion transaction on hold remove a possible strategic catalyst. Separately, T-Mobile’s CEO said there is no room for an MVNO partnership with SpaceX, leaving the company exposed if SpaceX proceeds with a direct terrestrial wireless offering. Historic T-Mobile Deutsche Telekom Merger Put on Ice
Insider Buying and Selling at T-Mobile US
In other news, CAO Daniel James Drobac sold 772 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $178.33, for a total transaction of $137,670.76. Following the sale, the chief accounting officer directly owned 35,118 shares in the company, valued at approximately $6,262,592.94. This represents a 2.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.32% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Morgan Stanley decreased their price objective on shares of T-Mobile US from $260.00 to $230.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Moffett Nathanson boosted their target price on shares of T-Mobile US from $242.00 to $246.00 and gave the company a “buy” rating in a research note on Tuesday, September 22nd. KeyCorp reduced their price target on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a research report on Thursday. Wolfe Research cut T-Mobile US from an “outperform” rating to a “peer perform” rating in a report on Friday, August 14th. Finally, Wells Fargo & Company reduced their price target on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating on the stock in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus target price of $238.25.
Read Our Latest Stock Report on TMUS
T-Mobile US Stock Performance
TMUS stock opened at $156.44 on Friday. T-Mobile US, Inc. has a 52 week low of $143.75 and a 52 week high of $224.75. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.83 and a current ratio of 0.91. The stock has a market cap of $165.71 billion, a P/E ratio of 15.10, a P/E/G ratio of 0.99 and a beta of 0.33. The firm has a 50 day simple moving average of $167.13 and a 200 day simple moving average of $186.92.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The Wireless communications provider reported $3.22 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.33. The business had revenue of $23.58 billion for the quarter, compared to analysts’ expectations of $23.15 billion. T-Mobile US had a return on equity of 21.47% and a net margin of 12.05%. T-Mobile US’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.41 EPS. Research analysts anticipate that T-Mobile US, Inc. will post 11.36 earnings per share for the current fiscal year.
T-Mobile US Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be paid a $1.17 dividend. This is a boost from T-Mobile US’s previous quarterly dividend of $1.02. This represents a $4.68 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, November 25th. T-Mobile US’s dividend payout ratio (DPR) is presently 39.38%.
T-Mobile US Company Profile
T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States, Puerto Rico and the U.S. Virgin Islands. Its offerings include postpaid and prepaid wireless plans, connected devices, broadband internet and other communications services.
The company operates a nationwide wireless network, including 5G services, and sells smartphones, tablets, connected devices and related accessories through retail stores, online channels and third-party distributors.
Featured Articles
- Five stocks we like better than T-Mobile US
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUS – Free Report).
Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.
