Robeco Institutional Asset Management B.V. raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 159.0% during the 3rd quarter, Holdings Channel reports. The firm owned 166,862 shares of the Wireless communications provider’s stock after buying an additional 102,439 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in T-Mobile US were worth $27,212,000 as of its most recent filing with the SEC.
Other hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of T-Mobile US during the second quarter worth about $6,625,275,000. Bank of New York Mellon Corp purchased a new stake in T-Mobile US in the second quarter valued at approximately $839,194,000. Amundi boosted 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 valued at $772,867,000 after buying an additional 1,062,643 shares during the last quarter. Bank of America Corp DE acquired 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 increased its holdings in 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 worth $683,731,000 after buying an additional 43,783 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.
T-Mobile US Stock Down 7.7%
TMUS stock opened at $146.54 on Friday. The stock has a market capitalization of $157.19 billion, a P/E ratio of 15.34, a P/E/G ratio of 0.99 and a beta of 0.33. The firm has a 50-day simple moving average of $170.37 and a 200-day simple moving average of $180.61. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 1.48. T-Mobile US, Inc. has a 52 week low of $146.32 and a 52 week high of $224.75.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.40. The firm had revenue of $22.79 billion during the quarter, compared to the consensus estimate of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.84 EPS. Equities analysts forecast that T-Mobile US, Inc. will post 11.17 earnings per share for the current fiscal year.
T-Mobile US Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 25th will be issued a $1.17 dividend. This represents a $4.68 annualized dividend and a yield of 3.2%. The ex-dividend date is Wednesday, November 25th. This is a positive change from T-Mobile US’s previous quarterly dividend of $1.02. T-Mobile US’s payout ratio is presently 49.01%.
T-Mobile US News Summary
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: Erste Group Bank modestly increased its fiscal 2027 EPS forecast for T-Mobile US to $13.81 from $13.79, signaling slightly improved confidence in the company’s longer-term earnings outlook. Erste Group Bank raises T-Mobile EPS estimate
- Neutral Sentiment: T-Mobile’s third-quarter results are due October 28. Analysts expect subscriber additions, broadband growth and device promotions to support revenue, although higher expenses and aggressive competition could limit profitability. T-Mobile third-quarter earnings preview
- Negative Sentiment: SpaceX is reportedly negotiating with cellular infrastructure providers for thousands of tower locations after acquiring additional mobile spectrum. Its potential launch of a fourth national wireless carrier could increase pricing pressure, customer-acquisition costs and network investment requirements for T-Mobile. Why T-Mobile US stock dropped
- Negative Sentiment: Citigroup reportedly sees further valuation pressure for established wireless carriers, while tower operators could benefit from SpaceX leasing network infrastructure. This relative advantage for tower companies reinforced concerns about T-Mobile’s competitive position. Citi commentary on SpaceX wireless expansion
Analysts Set New Price Targets
A number of research firms have issued reports on TMUS. UBS Group reduced their price target on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Benchmark lowered their target price on T-Mobile US from $295.00 to $280.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. KeyCorp dropped their target price on T-Mobile US from $260.00 to $250.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. TD Cowen reduced their price target on T-Mobile US from $261.00 to $260.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Finally, Sanford C. Bernstein reiterated a “neutral” rating on shares of T-Mobile US in a research report on Monday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $242.21.
Read Our Latest Report on TMUS
Insider Transactions at T-Mobile US
In other T-Mobile US news, CAO Daniel James Drobac sold 772 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $178.33, for a total transaction of $137,670.76. Following the completion of the sale, the chief accounting officer directly owned 35,118 shares in the company, valued at approximately $6,262,592.94. The trade was a 2.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.32% of the company’s stock.
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.
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