Clearbridge Investments LLC Decreases Stake in T-Mobile US, Inc. $TMUS

Clearbridge Investments LLC lowered its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.2% in the 4th quarter, HoldingsChannel reports. The fund owned 2,765,014 shares of the Wireless communications provider’s stock after selling 5,009 shares during the period. Clearbridge Investments LLC’s holdings in T-Mobile US were worth $561,408,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in TMUS. Sei Investments Co. increased its holdings in T-Mobile US by 6.3% in the 2nd quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock worth $33,972,000 after acquiring an additional 8,491 shares during the last quarter. Diversify Advisory Services LLC increased its holdings in T-Mobile US by 315.7% in the 2nd quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock worth $1,147,000 after acquiring an additional 3,454 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in T-Mobile US in the 2nd quarter worth about $375,000. Raymond James Financial Inc. increased its holdings in T-Mobile US by 0.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock worth $489,420,000 after acquiring an additional 9,568 shares during the last quarter. Finally, Viking Global Investors LP increased its holdings in T-Mobile US by 81.7% in the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock worth $677,925,000 after acquiring an additional 1,279,422 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other news, insider Michael J. Katz sold 5,000 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the transaction, the insider owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. The trade was a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Andre Almeida acquired 5,097 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were acquired at an average cost of $196.18 per share, with a total value of $999,929.46. Following the acquisition, the insider directly owned 44,850 shares of the company’s stock, valued at $8,798,673. This represents a 12.82% increase in their position. The SEC filing for this purchase provides additional information. 0.32% of the stock is owned by insiders.

T-Mobile US Stock Up 0.6%

TMUS stock opened at $178.10 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58. The firm has a market capitalization of $192.74 billion, a PE ratio of 18.95, a PEG ratio of 1.04 and a beta of 0.31. T-Mobile US, Inc. has a twelve month low of $174.02 and a twelve month high of $261.56. The stock has a 50-day simple moving average of $193.65 and a two-hundred day simple moving average of $200.69.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The business had revenue of $23.11 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same quarter in the previous year, the firm earned $2.58 EPS. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. On average, equities analysts predict that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.3%. T-Mobile US’s payout ratio is presently 43.40%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TMUS shares. UBS Group reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. Benchmark reaffirmed a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. Citigroup lifted their target price on T-Mobile US from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. TD Cowen lifted their target price on T-Mobile US from $252.00 to $261.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Arete Research lifted their target price on T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $260.48.

Trending Headlines about T-Mobile US

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

• Positive Sentiment: T-Mobile introduced Dynamic CX, an AI-powered network optimization capability designed to automatically adapt in real time during high-demand events like concerts and sports matches, reinforcing its reputation for network quality and customer experience. T-Mobile Introduces Dynamic CX, AI-Powered Technology Designed to Help Keep Customers Connected During Summer’s Biggest Live Events
• Positive Sentiment: The company opened a global technology center in Hyderabad, India, with reports indicating plans to hire nearly 1,000 employees by 2027, suggesting continued investment in technology talent and global scale. T-Mobile opens India tech centre, to hire nearly 1,000 by 2027
• Positive Sentiment: T-Mobile also announced it will be an official sponsor of America250, a high-visibility branding partnership tied to the U.S. semiquincentennial celebration, which could support marketing reach and brand goodwill. T-Mobile Partners with America250 to Commemorate the Nation’s 250th Anniversary
• Neutral Sentiment: MarketWatch noted that TMUS outperformed peers despite broader losses, indicating relative strength, though the article did not point to a major new fundamental catalyst.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.