Group 1 - Berkshire Hathaway has increased its stake in SiriusXM Holdings, surpassing 35% ownership, as indicated by a recent SEC filing [1][4] - The firm acquired over 2.3 million shares in late January and early February, raising its total holdings to more than 119.78 million shares, valued at approximately $2.91 billion at the current stock price [2] - SiriusXM reported nearly 338.77 million outstanding shares, resulting in Berkshire's stake increasing from 34.67% to about 35.36% [2] Group 2 - Berkshire Hathaway's cash reserves reached a record high of $325 billion by the end of the third quarter, following various investment adjustments [3] - The firm has reduced its positions in major holdings like Bank of America and Apple while making new investments, including in Domino's Pizza [3] - SiriusXM shares experienced a slight increase of around 1% on the day of the report, although they have declined over 50% in the past year [3]

Group 1: Investment Strategy and Market Position - Warren Buffett, known for his value investing approach, focuses on stocks with enduring competitive advantages and attractive valuations [1] - In 2024, Buffett and Berkshire Hathaway have been net sellers of stocks, indicating a bearish outlook and a potential buying spree after a market correction [2] - Despite a pessimistic outlook on the market, Buffett has increased his stake in SiriusXM, showcasing selective investment opportunities [3] Group 2: SiriusXM Investment Details - Buffett purchased 2,308,119 shares of SiriusXM between January 30 and February 3, investing approximately $53,957,343 [5][6] - Following these transactions, Berkshire Hathaway now owns about 35.35% of SiriusXM's outstanding shares [6] - SiriusXM is considered a legal monopoly in the U.S. satellite radio market, trading at a forward price-to-earnings (PE) ratio of 7.82, indicating it is undervalued [7] Group 3: Financial Performance - SiriusXM's Q4 2024 earnings report exceeded Wall Street's consensus estimates for both earnings per share (EPS) and revenue, contributing to a stock price increase from $21.95 to $23.99 [8]

Core Viewpoint - Sirius XM Holdings has shown better-than-expected financial results, but market skepticism remains as analysts have lowered price targets despite a recent stock price increase [1][4]. Financial Performance - Sirius XM reported Q4 revenue of $2.19 billion, a 4% decline year-over-year, while earnings per share (EPS) increased by 24% to $0.83, surpassing analyst expectations of $0.71 EPS and $2.17 billion in revenue [4]. - The company maintains its 2025 guidance of $8.5 billion in revenue, $2.6 billion in adjusted EBITDA, and $1.15 billion in free cash flow, indicating declines of 2% and 5% in revenue and EBITDA, respectively, but a 13% increase in free cash flow [5]. Investment Interest - Warren Buffett's Berkshire Hathaway has increased its stake in Sirius XM, now owning over a third of the company's outstanding shares, indicating confidence in the company's potential [6][8]. - The stock is currently trading at less than 8 times forward earnings, with a nearly 5% yield, suggesting it may be undervalued despite a challenging year [12]. Market Position and Challenges - Sirius XM's subscriber base is primarily in the U.S., with over 90% of its 33 million subscribers located there, positioning the company to potentially weather rising tariffs better than other businesses [9]. - The company faces challenges from inflation and potential impacts on new car sales, which are crucial for acquiring new subscribers, but increased time spent in cars due to return-to-office mandates could enhance retention and ad revenue [10][11].

Sirius XM Holdings (SIRI 3.89%) has had a rough time of late, falling nearly 60% in value over the past 12 months. Yet, one of the most famous investors in history has been a keen buyer of the satellite and online radio company's shares. Berkshire Hathaway, led by Warren Buffett, now holds a stake worth several billion dollars.On many levels, the company's valuation appears blatantly cheap. But from another perspective, shares are cheap for a reason. What exactly is going on? Should you also be adding Siriu ...

This stock trades for 8 times free cash flow and is a legal monopoly.With the S&P 500 just below an all-time high, there are plenty of areas of the stock market that can be considered expensive. But with a valuation of just 8 times free cash flow, Sirius XM (SIRI 3.89%) isn't one of them. In this video, I discuss why Sirius could be a great stock to buy in 2025 for patient long-term investors.*Stock prices used were the morning prices of Jan. 27, 2025. The video was published on Jan. 28, 2025. ...

Sirius XM Holdings (SIRI) reported fourth-quarter 2024 earnings of 83 cents per share and beat the Zacks Consensus Estimate by 29.69%. The figure declined 7.8% on a year-over-year basis.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Total revenues, on a reported basis, declined 4.3% year over year to $2.19 billion and missed the consensus mark by 0.73%.Sirius XM has completed its transaction with Liberty Media and now emerged as a fully independent public company. It has also success ...

SiriusXM (SIRI) released its fourth-quarter and full-year 2024 results, presenting investors with a complex picture that merits careful analysis. The company reported fourth-quarter revenues of $2.19 billion, marking a 4% year-over-year decline, while net income rose to $287 million from $228 million in the prior-year period. Despite revenue headwinds, the company maintained a stable adjusted EBITDA margin of 31%, suggesting resilient operational efficiency in challenging conditions.Subscriber Metrics and R ...

SiriusXM (SIRI 5.82%) stock jumped in Thursday's trading after the company published better-than-expected fourth-quarter results. The satellite radio specialist's share price closed out the daily session up 5.8% amid the backdrop of a 0.5% gain for the S&P 500 index and a 0.2% gain for the Nasdaq Composite index.Sirius published its Q4 results before the market opened this morning, and reported sales and earnings that beat Wall Street's estimates. The company posted earnings per share (EPS) of $0.83 on sale ...

Sirius XM (SIRI) reported $2.19 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 4.3%. EPS of $0.83 for the same period compares to $0.90 a year ago.The reported revenue represents a surprise of +0.73% over the Zacks Consensus Estimate of $2.17 billion. With the consensus EPS estimate being $0.64, the EPS surprise was +29.69%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

JANUARY 30, 2025 FOURTH QUARTER AND FULL-YEAR 2024 OPERATING AND FINANCIAL RESULTS 1 CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform A ct of 1 995. S uch statements include, but are not limited to, statements about our outlook and our future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and ...