T-Mobile US, Inc. $TMUS Position Increased by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 66.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,175 shares of the Wireless communications provider’s stock after buying an additional 4,076 shares during the quarter. Precedent Wealth Partners LLC’s holdings in T-Mobile US were worth $1,659,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Essex Financial Services Inc. lifted its position in shares of T-Mobile US by 3.5% during the 1st quarter. Essex Financial Services Inc. now owns 1,551 shares of the Wireless communications provider’s stock valued at $326,000 after acquiring an additional 53 shares during the last quarter. Sachetta LLC boosted its stake in shares of T-Mobile US by 52.9% during the 1st quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock worth $33,000 after acquiring an additional 55 shares in the last quarter. Legacy Wealth Asset Management LLC grew its holdings in shares of T-Mobile US by 1.2% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 4,844 shares of the Wireless communications provider’s stock worth $812,000 after acquiring an additional 56 shares during the last quarter. Harbor Investment Advisory LLC grew its holdings in shares of T-Mobile US by 2.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 2,351 shares of the Wireless communications provider’s stock worth $494,000 after acquiring an additional 60 shares during the last quarter. Finally, Heartland Bank & Trust Co grew its holdings in shares of T-Mobile US by 3.5% in the 1st quarter. Heartland Bank & Trust Co now owns 1,841 shares of the Wireless communications provider’s stock worth $387,000 after acquiring an additional 62 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 3.3%

NASDAQ:TMUS opened at $158.79 on Friday. The stock’s 50 day moving average price is $171.10 and its 200 day moving average price is $180.85. T-Mobile US, Inc. has a 52 week low of $147.90 and a 52 week high of $225.93. The company has a market capitalization of $170.33 billion, a P/E ratio of 16.63, a P/E/G ratio of 0.96 and a beta of 0.33. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.83 and a current ratio of 0.92.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.40. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The business had revenue of $22.79 billion during the quarter, compared to analyst estimates of $22.95 billion. During the same quarter in the previous year, the business earned $2.84 EPS. T-Mobile US’s quarterly revenue was up 7.9% compared to the same quarter last year. On average, research analysts forecast that T-Mobile US, Inc. will post 11.17 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be given a $1.17 dividend. This is a positive change 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 2.9%. The ex-dividend date of this dividend is Wednesday, November 25th. T-Mobile US’s payout ratio is 42.72%.

Insiders Place Their Bets

In other T-Mobile US news, CAO Daniel James Drobac sold 772 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total transaction of $137,670.76. Following the completion of the transaction, the chief accounting officer owned 35,118 shares of the company’s stock, valued at $6,262,592.94. The trade was a 2.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.32% of the stock is currently owned by corporate insiders.

Key Headlines Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: T-Mobile and NVIDIA reported the first AI Radio Access Network (AI-RAN) call on a commercial mobile network, conducted with Nokia. The demonstration highlights T-Mobile’s potential to use NVIDIA technology to make wireless networks more intelligent and create new revenue opportunities as AI infrastructure expands. How Is NVIDIA Expanding AI-Powered Telecom Networks Following T-Mobile’s First AI-RAN Call?
• Positive Sentiment: NVIDIA CEO Jensen Huang described a potential 100-gigawatt distributed data-center opportunity across roughly 100,000 telecom sites, and identified T-Mobile and Nokia as companies already advancing this concept. The comments increase visibility around T-Mobile’s longer-term AI and network monetization opportunity. NVIDIA’s Jensen Huang Sees 100GW AI Opportunity In Telecom Networks
• Neutral Sentiment: A Zacks commentary characterized TMUS as a potentially attractive long-term value stock, but it was an analytical opinion rather than a new company announcement or forecast change. Why T-Mobile Is a Top Value Stock for the Long-Term
• Neutral Sentiment: T-Mobile is supporting First Responders Children’s Foundation events and scholarships. The initiative may benefit brand reputation but is unlikely to materially affect near-term earnings. T-Mobile and First Responders Children’s Foundation Celebrate National First Responders Day Nationwide
• Negative Sentiment: Wireless stocks, including T-Mobile, declined amid broader sector pressure despite AT&T’s quarterly beat, suggesting industry-wide sentiment is weighing on TMUS independently of its fundamentals. AT&T Sinks Despite Q3 Beat
• Negative Sentiment: Elon Musk’s renewed promotion of SpaceX’s Starlink highlights potential long-term competition from satellite connectivity, particularly in underserved markets. Elon Musk Says Starlink Is Rewriting Telecom

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TMUS shares. Morgan Stanley cut their target price on T-Mobile US from $260.00 to $230.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 7th. JPMorgan Chase & Co. dropped their price target on T-Mobile US from $275.00 to $260.00 and set an “overweight” rating on the stock in a research note on Monday, September 21st. Moffett Nathanson boosted their price objective on T-Mobile US from $242.00 to $246.00 and gave the stock a “buy” rating in a report on Tuesday, September 22nd. UBS Group cut their price objective on T-Mobile US from $255.00 to $235.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Finally, Benchmark reduced their target price on T-Mobile US from $295.00 to $280.00 and set a “buy” rating for the company in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.65.

T-Mobile US 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.