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

Sei Investments Co. lifted its position in Sirius XM Holdings Inc. (NASDAQ:SIRI) by 11.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 311,310 shares of the company’s stock after acquiring an additional 32,818 shares during the quarter. Sei Investments Co.’s holdings in Sirius XM were worth $7,185,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its position in Sirius XM by 262.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,301,181 shares of the company’s stock valued at $145,426,000 after purchasing an additional 4,560,821 shares during the period. AQR Capital Management LLC raised its holdings in shares of Sirius XM by 165.2% in the 2nd quarter. AQR Capital Management LLC now owns 5,191,440 shares of the company’s stock valued at $117,327,000 after purchasing an additional 3,233,922 shares in the last quarter. State Street Corp lifted its position in shares of Sirius XM by 0.7% in the 4th quarter. State Street Corp now owns 3,487,415 shares of the company’s stock worth $69,731,000 after purchasing an additional 25,906 shares during the period. Check Capital Management Inc. CA lifted its position in shares of Sirius XM by 2.0% in the 1st quarter. Check Capital Management Inc. CA now owns 2,942,595 shares of the company’s stock worth $67,915,000 after purchasing an additional 59,095 shares during the period. Finally, Norges Bank bought a new position in shares of Sirius XM during the fourth quarter valued at approximately $57,124,000. 10.69% of the stock is owned by hedge funds and other institutional investors.

Key Sirius XM News

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

Insider Activity

In other news, insider Scott Andrew Greenstein sold 20,744 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $29.83, for a total transaction 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. This represents a 50.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 3.27% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on SIRI shares. Weiss Ratings raised shares of Sirius XM from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 9th. Evercore set a $28.00 target price on Sirius XM in a report on Friday, May 1st. Bank of America reaffirmed an “underperform” rating on shares of Sirius XM in a research report on Friday. Guggenheim reiterated a “buy” rating and issued a $35.00 price target (up from $34.00) on shares of Sirius XM in a report on Friday. Finally, Morgan Stanley boosted their price target on Sirius XM from $24.00 to $28.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $30.82.

Sirius XM Price Performance

Shares of Sirius XM stock opened at $29.62 on Monday. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.79. The company has a market cap of $9.97 billion, a P/E ratio of 11.85, a PEG ratio of 0.65 and a beta of 0.95. The firm’s 50 day moving average price is $29.36 and its 200-day moving average price is $25.36. Sirius XM Holdings Inc. has a 52-week low of $19.76 and a 52-week high of $32.66.

Sirius XM (NASDAQ:SIRI) last posted its earnings results on Thursday, July 30th. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.08). The firm had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $2.14 billion. Sirius XM had a net margin of 10.23% and a return on equity of 9.37%. The company’s revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.57 EPS. On average, sell-side analysts predict that Sirius XM Holdings Inc. will post 3.05 EPS for the current fiscal year.

Sirius XM Announces Dividend

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

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.