Bank of America Corp DE Has $662.32 Million Holdings in T-Mobile US, Inc. $TMUS

Bank of America Corp DE trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.4% in the first quarter, Holdings Channel reports. The fund owned 3,153,473 shares of the Wireless communications provider’s stock after selling 45,605 shares during the quarter. Bank of America Corp DE’s holdings in T-Mobile US were worth $662,324,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Price T Rowe Associates Inc. MD grew its holdings in shares of 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 purchasing an additional 6,516,968 shares during the last quarter. State Street Corp increased its stake in shares of T-Mobile US by 4.3% in the fourth quarter. State Street Corp now owns 25,281,709 shares of the Wireless communications provider’s stock valued at $5,133,198,000 after buying an additional 1,047,624 shares during the period. Capital International Investors raised its holdings in T-Mobile US by 8.2% in the 4th quarter. Capital International Investors now owns 14,847,697 shares of the Wireless communications provider’s stock valued at $3,014,754,000 after buying an additional 1,121,409 shares during the last quarter. Invesco Ltd. boosted its position in T-Mobile US by 10.5% during the 4th quarter. Invesco Ltd. now owns 8,730,485 shares of the Wireless communications provider’s stock worth $1,772,638,000 after buying an additional 827,381 shares during the period. Finally, Norges Bank acquired a new stake in T-Mobile US during the 4th quarter worth approximately $1,335,918,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. The Goldman Sachs Group restated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. UBS Group cut their price target on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Wall Street Zen raised shares of T-Mobile US from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Moffett Nathanson upgraded T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price objective for the company in a report on Wednesday, April 8th. Finally, Bank of America raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 target price for the company in a research report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $252.08.

Key T-Mobile US News

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

• Positive Sentiment: Analyst H. Engel of Erste Group Bank raised T-Mobile’s FY2026 EPS forecast to $10.82 from $10.45 and FY2027 expectations to $13.70 from $13.52, signaling improving earnings prospects. Erste Group Bank estimate revisions
• Positive Sentiment: A bullish investment analysis cited T-Mobile’s 7.9% year-over-year revenue growth, multiple guidance increases, aggressive share repurchases, a growing dividend and projected 2026 free cash flow of $18.4 billion to $18.8 billion. The report also highlighted the company’s relatively low leverage and discounted forward valuation. T-Mobile: The SpaceX Fear Is A Long-Term Buying Opportunity
• Neutral Sentiment: The broader consumer-stock sector traded mixed, providing little overall sector support or direction for TMUS. Consumer stocks sector update
• Neutral Sentiment: Investors remain focused on potential competition from SpaceX and Starlink, including possible spectrum-related activity or acquisitions that could challenge traditional wireless carriers over the longer term. SpaceX and wireless carrier competition
• Negative Sentiment: Semafor reported that T-Mobile’s U.S. leadership told Deutsche Telekom it no longer supports a proposed $300 billion merger. The apparent roadblock increases uncertainty around the transaction and was the clearest immediate catalyst weighing on TMUS sentiment. T-Mobile executives oppose Deutsche Telekom merger plan

T-Mobile US Stock Down 0.4%

T-Mobile US stock opened at $172.71 on Friday. The firm has a market cap of $185.26 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 0.98 and a beta of 0.33. T-Mobile US, Inc. has a 52-week low of $165.66 and a 52-week high of $261.56. 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 firm has a 50 day moving average price of $183.14 and a two-hundred day moving average price of $194.90.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data 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. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The company had revenue of $22.79 billion during the quarter, compared to analysts’ expectations of $22.95 billion. During the same period in the prior year, the company posted $2.84 earnings per share. T-Mobile US’s revenue for the quarter was up 7.9% compared to the same quarter last year. Equities analysts predict that T-Mobile US, Inc. will post 10.69 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 42.72%.

Insiders Place Their Bets

In other news, COO Jon Freier sold 4,799 shares of T-Mobile US stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the transaction, the chief operating officer directly owned 217,168 shares of the company’s stock, valued at approximately $41,261,920. This trade represents a 2.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.32% of the company’s stock.

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.