Profund Advisors LLC cut its stake in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 9.0% in the third quarter, Holdings Channel.com reports. The firm owned 77,206 shares of the Wireless communications provider’s stock after selling 7,647 shares during the period. Profund Advisors LLC’s holdings in T-Mobile US were worth $12,591,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. ProShare Advisors LLC boosted its position in shares of T-Mobile US by 3.2% during the third quarter. ProShare Advisors LLC now owns 1,122,149 shares of the Wireless communications provider’s stock worth $183,000,000 after buying an additional 34,702 shares during the period. Cidel Asset Management Inc. grew its stake in T-Mobile US by 20.4% during the third quarter. Cidel Asset Management Inc. now owns 4,667 shares of the Wireless communications provider’s stock worth $761,000 after purchasing an additional 792 shares during the period. Summit Global Investments raised its holdings in T-Mobile US by 24.4% during the third quarter. Summit Global Investments now owns 5,865 shares of the Wireless communications provider’s stock worth $956,000 after buying an additional 1,150 shares during the last quarter. MGO One Seven LLC raised its holdings in shares of T-Mobile US by 10.5% in the third quarter. MGO One Seven LLC now owns 6,475 shares of the Wireless communications provider’s stock valued at $1,056,000 after purchasing an additional 614 shares during the last quarter. Finally, Aprio Wealth Management LLC increased its holdings in T-Mobile US by 196.8% during the third quarter. Aprio Wealth Management LLC now owns 5,007 shares of the Wireless communications provider’s stock worth $817,000 after buying an additional 3,320 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.
Key T-Mobile US News
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
Analyst Ratings Changes
TMUS has been the topic of a number of recent research reports. Barclays reduced their price objective on T-Mobile US from $215.00 to $200.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 29th. Scotiabank boosted their target price on T-Mobile US from $212.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday. Wells Fargo & Company reduced their price objective on shares of T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating for the company in a research note on Friday, July 24th. JPMorgan Chase & Co. lowered their price target on shares of T-Mobile US from $260.00 to $235.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, TD Cowen dropped their target price on T-Mobile US from $260.00 to $258.00 and set a “buy” rating for the company in a report on Thursday. One research 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. Based on data from MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average price target of $238.25.
Check Out Our Latest Research Report on TMUS
T-Mobile US Trading Up 6.2%
NASDAQ:TMUS opened at $156.44 on Friday. The stock has a fifty day simple moving average of $167.13 and a 200 day simple moving average of $186.92. The firm has a market capitalization of $165.71 billion, a price-to-earnings ratio of 15.10, a price-to-earnings-growth ratio of 0.99 and a beta of 0.33. T-Mobile US, Inc. has a 1-year low of $143.75 and a 1-year high of $224.75. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.45.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The Wireless communications provider reported $3.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.33. T-Mobile US had a return on equity of 21.47% and a net margin of 12.05%. The firm had revenue of $23.58 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same period in the previous year, the company posted $2.41 earnings per share. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. Sell-side analysts forecast that T-Mobile US, Inc. will post 11.36 earnings per share for the current year.
T-Mobile US Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be given a dividend of $1.17 per share. The ex-dividend date of this dividend is Wednesday, November 25th. This is a boost from T-Mobile US’s previous quarterly dividend of $1.02. This represents a $4.68 annualized dividend and a dividend yield of 3.0%. T-Mobile US’s payout ratio is presently 39.38%.
Insider Transactions at T-Mobile US
In related news, CAO Daniel James Drobac sold 772 shares of T-Mobile US stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total value of $137,670.76. Following the sale, the chief accounting officer owned 35,118 shares of the company’s stock, valued at approximately $6,262,592.94. The trade was a 2.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.32% of the stock is owned by corporate insiders.
About T-Mobile US
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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