QRG Capital Management Inc. Sells 211,845 Shares of Sony Corporation $SONY

QRG Capital Management Inc. cut its holdings in Sony Corporation (NYSE:SONY) by 36.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 373,622 shares of the company’s stock after selling 211,845 shares during the period. QRG Capital Management Inc.’s holdings in Sony were worth $10,759,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of SONY. Highline Wealth Partners LLC boosted its position in Sony by 46.7% in the third quarter. Highline Wealth Partners LLC now owns 1,316 shares of the company’s stock worth $38,000 after purchasing an additional 419 shares during the last quarter. Personal CFO Solutions LLC raised its stake in shares of Sony by 1.4% during the 2nd quarter. Personal CFO Solutions LLC now owns 30,463 shares of the company’s stock worth $793,000 after purchasing an additional 427 shares during the period. Rosenberg Matthew Hamilton boosted its holdings in shares of Sony by 4.7% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 9,765 shares of the company’s stock worth $254,000 after buying an additional 442 shares during the last quarter. Sowell Financial Services LLC boosted its holdings in shares of Sony by 3.7% in the 2nd quarter. Sowell Financial Services LLC now owns 13,318 shares of the company’s stock worth $347,000 after buying an additional 474 shares during the last quarter. Finally, Rossby Financial LCC grew its position in Sony by 2.6% during the second quarter. Rossby Financial LCC now owns 18,897 shares of the company’s stock valued at $492,000 after buying an additional 485 shares during the period. 14.05% of the stock is currently owned by institutional investors.

Trending Headlines about Sony

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Netflix global deal for Sony Pictures: Sony struck a worldwide agreement to stream Sony Pictures films after their theatrical window, giving Sony predictable post-theatrical licensing revenue and broader reach for tentpoles like Spider-Man and other franchises. Investors typically view such deals as near-term cash-flow positive for the studio segment and supportive of content monetization. Reuters: Netflix inks global deal
• Positive Sentiment: High-profile title included (The Legend of Zelda): The expanded deal specifically covers blockbuster releases (including the Legend of Zelda film after its theatrical run), boosting the value proposition of Sony’s film library and potential licensing revenue. Yahoo: Zelda exclusive to Netflix
• Neutral Sentiment: New consumer product activity (earbuds / LinkBuds): Sony is teasing new LinkBuds Clip earbuds and has been promoting partnerships (including a holographic music collaboration). New product launches support longer-term hardware revenue but are unlikely to move material sales at Sony’s scale in the near term. AndroidHeadlines: LinkBuds Clip teaser
• Neutral Sentiment: TV pricing and reviews: Heavy discounts on large Bravia TVs (e.g., an $500+ discount on an 85-inch model) and ongoing product reviews (Bravia 8 II praise) signal both consumer demand promotions and strong product competitiveness — good for unit sales but potentially margin-compressive if discounts are widespread. Mashable: Bravia deal
• Neutral Sentiment: Sponsorship/brand visibility from PGA (Sony Open): Extensive media coverage of the Sony Open in Hawaii increases brand exposure globally, but the event’s impact on near-term financials is limited. Golf Channel: Sony Open coverage
• Negative Sentiment: Sony India FY25: Sony India reported modest revenue growth (+2.4%) but a 6% decline in profit, highlighting regional margin pressure that can dent investor confidence in near-term earnings stability. Economic Times: Sony India FY25 results

Sony Stock Performance

Shares of SONY opened at $24.07 on Friday. Sony Corporation has a 52-week low of $20.42 and a 52-week high of $30.34. The stock’s 50-day simple moving average is $26.97 and its 200 day simple moving average is $27.27. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.98 and a current ratio of 1.05. The stock has a market capitalization of $145.57 billion, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 9.19 and a beta of 0.98.

Analyst Ratings Changes

Several brokerages have commented on SONY. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $30.00 price objective (down previously from $33.00) on shares of Sony in a research report on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of Sony in a research note on Wednesday, October 8th. Nomura Securities upgraded Sony from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 19th. Zacks Research downgraded Sony from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Wolfe Research raised Sony from a “peer perform” rating to an “outperform” rating in a research report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $31.50.

About Sony

Sony Group Corporation (NYSE: SONY) is a Japanese multinational conglomerate headquartered in Minato, Tokyo. Founded in 1946 by Masaru Ibuka and Akio Morita, Sony has grown from an electronics maker into a diversified global company with operations spanning consumer electronics, entertainment, gaming, semiconductors and financial services. The company’s shares trade in Japan and its American Depositary Receipts trade on the New York Stock Exchange under the ticker SONY.

Sony’s primary businesses include Electronics Products & Solutions, which covers televisions, audio equipment, digital cameras and professional broadcast systems; Game & Network Services, anchored by the PlayStation platform, consoles, software and online services; Music and Pictures, through Sony Music Entertainment and Sony Pictures Entertainment, producing, distributing and licensing recorded music, film and television content; Imaging & Sensing Solutions, which develops CMOS image sensors and other semiconductor components; and Financial Services, offering life insurance, banking and other financial products in Japan.