Mitsubishi UFJ Trust & Banking Corp Boosts Stake in Sirius XM Holdings Inc. $SIRI

Key Points

• Mitsubishi UFJ Trust & Banking Corp increased its stake in Sirius XM by 82.8% in Q4 to 191,161 shares—about 0.06% of the company—worth $3.822 million.
• Sirius XM reported a Q1 beat (EPS $0.72 vs. $0.70, revenue $2.09B, +1.1% YoY), showed fewer subscriber losses and stronger Pandora/ad contribution, is targeting roughly $1.35B in 2026 free cash flow, plans to launch YouTube audio ads, and is reportedly exploring a potential iHeartMedia acquisition.
• The company declared a quarterly dividend of $0.27 (annualized $1.08, ~4.0% yield) while analyst sentiment remains mixed with a consensus "Hold" and an average price target of $27.70.

Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI - Free Report) by 82.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 191,161 shares of the company's stock after acquiring an additional 86,614 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.06% of Sirius XM worth $3,822,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its holdings in shares of Sirius XM by 36.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,836 shares of the company's stock worth $41,000 after acquiring an additional 493 shares during the period. Krilogy Financial LLC grew its holdings in shares of Sirius XM by 1.1% during the 4th quarter. Krilogy Financial LLC now owns 53,572 shares of the company's stock worth $1,097,000 after acquiring an additional 577 shares during the period. Arizona State Retirement System grew its holdings in shares of Sirius XM by 1.1% during the 3rd quarter. Arizona State Retirement System now owns 59,982 shares of the company's stock worth $1,396,000 after acquiring an additional 663 shares during the period. Clearstead Advisors LLC grew its holdings in shares of Sirius XM by 1.6% during the 3rd quarter. Clearstead Advisors LLC now owns 41,754 shares of the company's stock worth $972,000 after acquiring an additional 677 shares during the period. Finally, Arkadios Wealth Advisors grew its holdings in shares of Sirius XM by 4.0% during the 3rd quarter. Arkadios Wealth Advisors now owns 19,161 shares of the company's stock worth $446,000 after acquiring an additional 744 shares during the period. Hedge funds and other institutional investors own 10.69% of the company's stock.

Key Stories Impacting Sirius XM

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

• Positive Sentiment: Q1 results beat expectations — SiriusXM reported $0.72 EPS vs. ~$0.70 consensus and $2.09B revenue (vs. ~$2.07B), with revenue up ~1.1% YoY; management highlighted margin and profit growth that supports cash returns. SiriusXM Reports First Quarter 2026 Operating and Financial Results
• Positive Sentiment: SiriusXM shed fewer subscribers in Q1, suggesting content initiatives and pricing are reducing churn — an important sign for recurring revenue stability. SiriusXM sheds fewer subscribers in the first quarter on content strength
• Positive Sentiment: Advertising and Pandora contribution boosted profitability; Billboard notes double‑digit profit growth driven by subscription price increases and Pandora ad revenue. SiriusXM Posts Double-Digit Profit Growth on Subscription Price Hikes, Pandora’s Ad Revenue
• Positive Sentiment: Company targets ~ $1.35B in 2026 free cash flow and plans to launch YouTube audio ads this fall — a new monetization channel that could lift ad revenue and FCF. SiriusXM targets ~$1.35B 2026 free cash flow while launching YouTube audio ads this fall
• Positive Sentiment: Deal chatter: Sirius XM is reportedly exploring a purchase of iHeartMedia — a strategic combination could create scale in audio advertising and content, supporting longer‑term growth expectations (still speculative). Deal Dispatch: Sirius XM Mulls Purchase Of iHeartMedia, Uber Buys FlyTaxi, Wren Kitchens Bankruptcy
• Neutral Sentiment: Large options activity — unusually heavy call buying was reported, indicating some traders are positioning for further upside, but options alone are speculative. Listen to Conference Call
• Neutral Sentiment: Analyst/media momentum pieces (Zacks, Yahoo) profile SIRI as a momentum/value play; helpful for sentiment but not new company fundamentals. Sirius XM (SIRI) is a Great Momentum Stock: Should You Buy?
• Neutral Sentiment: SiriusXM confirmed no new material risks since its 2025 10‑K, reaffirming existing SEC disclosures — reduces regulatory uncertainty but is not a growth driver. Sirius XM Confirms No New Material Risks Since 2025 10-K, Reaffirming Existing SEC Disclosures
• Negative Sentiment: JPMorgan raised its price target from $24 to $26 but kept a "neutral" rating — the PT implies limited upside from current levels, which could cap near‑term analyst-driven gains. Benzinga

Wall Street Analyst Weigh In

A number of research firms have weighed in on SIRI. Rosenblatt Securities upgraded Sirius XM from a "neutral" rating to a "buy" rating and upped their target price for the stock from $24.00 to $46.00 in a report on Thursday, April 23rd. Guggenheim restated a "buy" rating and issued a $34.00 price target (up from $29.00) on shares of Sirius XM in a research note on Friday, April 24th. JPMorgan Chase & Co. upped their price target on Sirius XM from $24.00 to $26.00 and gave the stock a "neutral" rating in a research note on Friday. Weiss Ratings upgraded Sirius XM from a "sell (d+)" rating to a "hold (c)" rating in a research note on Friday. Finally, UBS Group set a $24.00 price target on Sirius XM in a research note on Tuesday, February 10th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $27.70.

Sirius XM Price Performance

NASDAQ SIRI opened at $27.22 on Monday. The business's fifty day moving average price is $23.48 and its 200-day moving average price is $21.97. The stock has a market capitalization of $9.16 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 0.72 and a beta of 0.94. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.44 and a quick ratio of 0.44. Sirius XM Holdings Inc. has a 1-year low of $19.71 and a 1-year high of $28.77.

Sirius XM (NASDAQ:SIRI - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.02. The firm had revenue of $2.09 billion for the quarter, compared to analysts' expectations of $2.07 billion. Sirius XM had a return on equity of 9.19% and a net margin of 9.86%.The company's revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 EPS. On average, equities analysts predict that Sirius XM Holdings Inc. will post 3.09 earnings per share for the current year.

Sirius XM Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Monday, May 11th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Monday, May 11th. Sirius XM's dividend payout ratio is presently 45.57%.

Sirius XM Company Profile

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.

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