Domino’s Pizza(DPZ) The Motley Fool·2024-11-19 10:41Core Viewpoint - Warren Buffett has been a net seller of stocks for eight consecutive quarters, reducing Berkshire Hathaway's position in Apple and selling shares of six other holdings while still investing in four new stocks [1] Group 1: New Investments - Berkshire Hathaway initiated new positions in two stocks during Q3, with the largest addition being 1.28 million shares of Domino's Pizza, valued at 152.3 million [2] Group 2: Increased Positions - Berkshire increased its stake in Sirius XM Holdings by 6.99%, partly due to the merger with Liberty SiriusXM Holdings, and continued to buy more shares in October [3] - The position in Heico was boosted by 0.52%, with the stake worth approximately $214 million at the end of Q3 [4] Group 3: Stock Performance - Heico has outperformed other recent additions with a year-to-date gain of over 50%, while Domino's gained less than 5%, and Pool and Sirius XM saw declines of around 10% and 53%, respectively [5] Group 4: Valuations - Sirius XM Holdings has a low forward price-to-earnings ratio of 7.3, while Domino's has a ratio of 24.3, Pool at 29.8, and Heico at a high of 63.7 [6] Group 5: Earnings Growth Expectations - Analysts expect Sirius XM to grow earnings by 150.9% next year, Heico by 16.8%, Pool by 9.3%, and Domino's by 5.6% [7] Group 6: Price Targets - Sirius XM has an average price target indicating an upside potential of 11.6%, Domino's at 11.4%, Pool at 6.4%, and Heico's average price target is 2.5% below its current share price [8] Group 7: Dividends - Sirius XM offers a forward dividend yield of 4.2%, while Domino's and Pool have yields of 1.4% and 1.3%, respectively, and Heico has a yield of only 0.08% [9] Group 8: Investment Recommendation - Among Buffett's recent buys, Sirius XM is highlighted as the best choice for income and value investors due to its growth prospects, although other stocks in Berkshire's portfolio may be more favorable overall [10][11]