NEOS Investment Management LLC Buys 37,011 Shares of T-Mobile US, Inc. $TMUS

NEOS Investment Management LLC raised its stake in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 5.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 713,420 shares of the Wireless communications provider’s stock after purchasing an additional 37,011 shares during the quarter. NEOS Investment Management LLC owned approximately 0.07% of T-Mobile US worth $119,662,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of T-Mobile US in the 2nd quarter valued at approximately $6,625,275,000. Norges Bank acquired a new position in T-Mobile US during the fourth quarter worth $1,335,918,000. Price T Rowe Associates Inc. MD raised its position in T-Mobile US by 30.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,795,065 shares of the Wireless communications provider’s stock worth $5,643,511,000 after acquiring an additional 6,516,968 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in T-Mobile US during the second quarter worth $839,194,000. Finally, Bank of America Corp DE bought a new stake in T-Mobile US during the second quarter worth $758,977,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Key Stories Impacting T-Mobile US

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

  • Positive Sentiment: Merger opposition supports a shareholder-return narrative: Elliott has built a sizeable stake in Deutsche Telekom, which owns approximately 53% of T-Mobile US, and reportedly wants Deutsche Telekom to abandon the proposed roughly $300 billion combination. Elliott is said to favor alternatives such as share buybacks, which investors may view as more immediate and directly accretive to shareholder value. Elliott has built stake in Deutsche Telekom, opposes T-Mobile merger T-Mobile Stock Rises on Report Elliott Opposes Deutsche Telekom Merger
  • Neutral Sentiment: Planned CFO transition: T-Mobile announced that Jessica Uhl will join as CFO designate and succeed Peter Osvaldik in February 2027. The company described the move as part of long-term leadership succession planning; Osvaldik had previously extended his contract to support the CEO transition. The orderly, future-dated change is unlikely to materially affect near-term fundamentals, though investors may monitor Uhl’s priorities on capital allocation and execution. T-Mobile CFO Peter Osvaldik to step down T-Mobile Announces Planned Chief Financial Officer Transition
  • Neutral Sentiment: T-Mobile also reported efforts to support Indiana customers affected by severe storms and power outages, including temporary unlimited talk, text and data service. The initiative may enhance customer goodwill but is not expected to have a meaningful short-term financial impact. T-Mobile Supports Indiana Communities Following Severe Weather

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TMUS shares. Bank of America raised shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 price objective for the company in a research report on Monday, July 6th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a research note on Tuesday, May 19th. Royal Bank Of Canada reduced their price target on T-Mobile US from $240.00 to $230.00 and set an “outperform” rating for the company in a report on Monday, July 20th. UBS Group lowered their price target on T-Mobile US from $255.00 to $235.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Finally, Benchmark cut their price objective on T-Mobile US from $295.00 to $280.00 and set a “buy” rating for the company in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $252.08.

Read Our Latest Research Report on TMUS

T-Mobile US Stock Performance

Shares of TMUS stock opened at $188.02 on Friday. The company has a market capitalization of $201.68 billion, a price-to-earnings ratio of 19.69, a PEG ratio of 1.21 and a beta of 0.34. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.83 and a current ratio of 0.92. The company has a 50-day simple moving average of $181.34 and a 200 day simple moving average of $192.58. T-Mobile US, Inc. has a 52 week low of $165.66 and a 52 week high of $256.69.

T-Mobile US (NASDAQ:TMUSGet 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, beating the consensus estimate of $2.59 by $0.40. The firm had revenue of $22.79 billion for the quarter, compared to analysts’ expectations of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The business’s revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.84 EPS. On average, sell-side analysts predict that T-Mobile US, Inc. will post 10.73 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be given a $1.02 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio is presently 42.72%.

About T-Mobile US

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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