Sei Investments Co. Increases Stock Holdings in Sirius XM Holdings Inc. $SIRI

Sei Investments Co. increased its stake in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) by 11.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 311,310 shares of the company’s stock after purchasing an additional 32,818 shares during the quarter. Sei Investments Co. owned 0.09% of Sirius XM worth $7,185,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SIRI. Lido Advisors LLC bought a new position in Sirius XM during the first quarter valued at $280,000. Cetera Investment Advisers lifted its holdings in shares of Sirius XM by 6.9% in the 1st quarter. Cetera Investment Advisers now owns 57,591 shares of the company’s stock worth $1,329,000 after acquiring an additional 3,742 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Sirius XM by 154.6% in the 1st quarter. First Trust Advisors LP now owns 952,013 shares of the company’s stock worth $21,972,000 after acquiring an additional 578,103 shares during the last quarter. Himension Capital Singapore PTE. LTD. purchased a new position in shares of Sirius XM during the 1st quarter worth about $928,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Sirius XM during the 1st quarter worth about $51,000. Hedge funds and other institutional investors own 10.69% of the company’s stock.

Sirius XM Stock Performance

SIRI stock opened at $29.62 on Monday. The company has a market capitalization of $9.97 billion, a PE ratio of 11.85, a P/E/G ratio of 0.65 and a beta of 0.95. Sirius XM Holdings Inc. has a 12 month low of $19.76 and a 12 month high of $32.66. The firm’s 50-day moving average is $29.36 and its 200 day moving average is $25.36. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.46 and a quick ratio of 0.46.

Sirius XM (NASDAQ:SIRI) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.08). The company had revenue of $2.16 billion for the quarter, compared to the consensus estimate of $2.14 billion. Sirius XM had a net margin of 10.23% and a return on equity of 9.37%. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.57 EPS. On average, research analysts anticipate that Sirius XM Holdings Inc. will post 3.05 EPS for the current year.

Sirius XM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, August 10th. Sirius XM’s payout ratio is currently 43.20%.

Key Stories Impacting Sirius XM

Here are the key news stories impacting Sirius XM this week:

• Positive Sentiment: Sirius XM reported 1% year-over-year revenue growth to approximately $2.16 billion, exceeding estimates, while adjusted EBITDA rose 3% and free cash flow increased 48%. The company also returned to positive net subscriber growth, adding 22,000 subscribers, and reported a record-low 1.4% churn rate. Sirius XM Q2 2026 earnings call highlights
• Positive Sentiment: Management raised its 2026 targets, including approximately $8.525 billion in revenue and $1.375 billion in free cash flow. Falling leverage toward the 3.4x target could allow Sirius XM to restart share repurchases, supporting the stock’s valuation and per-share cash-flow outlook. SiriusXM outlines 2026 targets
• Positive Sentiment: JPMorgan raised its price target from $26 to $34 while maintaining a neutral rating, and Wells Fargo lifted its target from $30 to $31 with an equal-weight rating. These changes suggest improved expectations, although neither firm adopted a bullish rating. Analyst price-target updates
• Neutral Sentiment: The company launched a $5-per-month Sports Pass featuring sports audio and WWE Radio. The offering could broaden Sirius XM’s subscriber base and advertising opportunities, but its financial impact has not yet been demonstrated. SiriusXM sports plan
• Negative Sentiment: Second-quarter adjusted earnings of $0.70 per share missed the $0.78 consensus estimate, even though earnings improved from $0.57 a year earlier. The earnings shortfall outweighed the revenue beat and prompted the post-results selloff. Sirius XM Q2 earnings miss
• Negative Sentiment: Investors viewed the revised 2026 outlook as insufficiently strong relative to expectations, with revenue guidance around $8.5 billion versus consensus near $8.6 billion. The departure of COO Wayne Thorsen amid restructuring adds an additional execution and leadership uncertainty. SiriusXM shares slide after earnings

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SIRI. Wells Fargo & Company increased their price objective on shares of Sirius XM from $30.00 to $31.00 and gave the stock an “equal weight” rating in a research report on Friday. Guggenheim restated a “buy” rating and set a $35.00 target price (up from $34.00) on shares of Sirius XM in a research report on Friday. Citigroup reaffirmed a “sell” rating and set a $25.00 target price (up from $22.00) on shares of Sirius XM in a research note on Friday. Benchmark reiterated a “buy” rating on shares of Sirius XM in a report on Wednesday. Finally, UBS Group set a $30.00 price target on Sirius XM in a report on Wednesday. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $30.82.

Insider Buying and Selling at Sirius XM

In related news, insider Scott Andrew Greenstein sold 20,744 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $29.83, for a total value of $618,793.52. Following the completion of the sale, the insider owned 20,163 shares in the company, valued at approximately $601,462.29. The trade was a 50.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.27% of the company’s stock.

About Sirius XM

Sirius XM Holdings Inc is a leading audio entertainment company specializing in subscription-based satellite and streaming radio services. Formed in 2008 through the merger of Sirius Satellite Radio and XM Satellite Radio, the company delivers a broad range of programming across music, sports, news, talk and comedy channels. Sirius XM’s offerings include exclusive live sports play-by-play, artist-curated music channels, news coverage from major networks and original talk and entertainment series.

Headquartered in New York City, Sirius XM serves listeners throughout the United States and Canada, reaching tens of millions of subscribers.