Sirius XM (NASDAQ:SIRI) Rating Increased to Strong-Buy at Seaport Res Ptn

Seaport Res Ptn upgraded shares of Sirius XM (NASDAQ:SIRI) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday,Zacks.com reports. Seaport Res Ptn also issued estimates for Sirius XM’s Q4 2026 earnings at $0.94 EPS.

Several other equities analysts have also recently commented on SIRI. Barrington Research set a $28.00 target price on shares of Sirius XM in a research report on Friday, January 31st. Wells Fargo & Company decreased their price target on shares of Sirius XM from $22.00 to $16.00 and set an “underweight” rating on the stock in a report on Thursday, December 19th. Guggenheim cut their target price on shares of Sirius XM from $30.00 to $29.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Morgan Stanley dropped their target price on shares of Sirius XM from $23.00 to $21.00 and set an “underweight” rating for the company in a report on Thursday, January 23rd. Finally, Rosenblatt Securities decreased their price target on shares of Sirius XM from $29.00 to $24.00 and set a “neutral” rating for the company in a research note on Monday, February 3rd. Six investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Sirius XM has a consensus rating of “Hold” and a consensus price target of $26.81.

Sirius XM Stock Up 8.1 %

NASDAQ SIRI opened at $20.90 on Tuesday. The business has a fifty day moving average price of $23.67 and a two-hundred day moving average price of $24.27. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.42 and a quick ratio of 0.42. Sirius XM has a fifty-two week low of $18.69 and a fifty-two week high of $41.60. The stock has a market capitalization of $7.08 billion, a PE ratio of -3.26, a PEG ratio of 0.79 and a beta of 0.98.

Sirius XM (NASDAQ:SIRI) last issued its quarterly earnings results on Thursday, January 30th. The company reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.20. Sirius XM had a positive return on equity of 13.44% and a negative net margin of 24.03%. Equities analysts expect that Sirius XM will post 3.2 earnings per share for the current fiscal year.

Sirius XM Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 5.17%. The ex-dividend date of this dividend was Friday, February 7th. Sirius XM’s dividend payout ratio is presently -16.85%.

Institutional Investors Weigh In On Sirius XM

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Berkshire Hathaway Inc lifted its holdings in shares of Sirius XM by 11.7% during the fourth quarter. Berkshire Hathaway Inc now owns 117,468,573 shares of the company’s stock worth $2,678,283,000 after buying an additional 12,313,544 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Sirius XM by 4.1% during the fourth quarter. Geode Capital Management LLC now owns 3,914,785 shares of the company’s stock worth $89,284,000 after buying an additional 154,765 shares in the last quarter. Seizert Capital Partners LLC lifted its position in shares of Sirius XM by 16.3% in the fourth quarter. Seizert Capital Partners LLC now owns 2,269,616 shares of the company’s stock valued at $51,747,000 after buying an additional 317,289 shares during the last quarter. LSV Asset Management acquired a new stake in shares of Sirius XM in the fourth quarter valued at approximately $51,535,000. Finally, Brandywine Global Investment Management LLC lifted its holdings in Sirius XM by 7.3% during the 4th quarter. Brandywine Global Investment Management LLC now owns 2,218,017 shares of the company’s stock worth $50,571,000 after purchasing an additional 150,744 shares during the last quarter. 10.69% of the stock is currently owned by institutional investors.

Sirius XM Company Profile

Sirius XM Holdings Inc operates as an audio entertainment company in North America. It operates in two segments, Sirius XM, and Pandora and Off-platform. The company’s Sirius XM segment provides music, sports, entertainment, comedy, talk, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio systems and streamed through applications for mobile and home devices, and other consumer electronic equipment.