Sony Corporation $SONY Stock Position Lowered by Naviter Wealth LLC

Naviter Wealth LLC lessened its position in Sony Corporation (NYSE:SONY) by 16.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 123,909 shares of the company’s stock after selling 25,095 shares during the quarter. Naviter Wealth LLC’s holdings in Sony were worth $3,172,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Fisher Asset Management LLC lifted its position in shares of Sony by 2.7% in the 3rd quarter. Fisher Asset Management LLC now owns 104,644,526 shares of the company’s stock valued at $3,128,924,000 after acquiring an additional 2,766,460 shares in the last quarter. Mondrian Investment Partners LTD purchased a new stake in shares of Sony in the 3rd quarter valued at approximately $277,631,000. Capital International Investors lifted its position in Sony by 245.0% in the 3rd quarter. Capital International Investors now owns 6,049,618 shares of the company’s stock worth $176,044,000 after buying an additional 4,296,028 shares in the last quarter. Capital World Investors lifted its position in Sony by 0.4% in the 3rd quarter. Capital World Investors now owns 5,001,748 shares of the company’s stock worth $144,021,000 after buying an additional 20,960 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in Sony by 7,377.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 3,374,274 shares of the company’s stock worth $97,145,000 after buying an additional 3,329,147 shares in the last quarter. Hedge funds and other institutional investors own 14.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SONY. Weiss Ratings downgraded shares of Sony from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 20th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $22.00 target price (down from $30.00) on shares of Sony in a research report on Tuesday, March 17th. Finally, Zacks Research downgraded shares of Sony from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $22.00.

Key Stories Impacting Sony

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Acquired AI startup Cinemersive Labs, strengthening Sony’s AI capabilities for immersive content and potentially accelerating in‑game/VR tools and content personalization that can boost long‑term monetization in gaming and media. Sony Has Acquired AI Company Cinemersive Labs
• Positive Sentiment: Launching a 3D “scan people into games” service for PlayStation fans — a new engagement/monetization feature that could increase player retention, content personalization and premium-service revenue for the PlayStation ecosystem. Sony is starting a weird service that scans people to put them in PlayStation games
• Positive Sentiment: Leaked PS5 dashboard update shows a refreshed, polished UI — improvements that can raise engagement and retention on Sony’s primary gaming platform, supporting recurring software/service revenue. New PS5 Dashboard Update Leaks And Damn, Sony, That Looks Good
• Positive Sentiment: Details on new flagship “True RGB” LED TVs signal premium product positioning and potential margin tailwinds in Sony’s TV business if the lineup commands higher ASPs. Sony Reveals More Details Of Its New Flagship RGB LED TVs – Including ‘True RGB’ Branding
• Positive Sentiment: Partnership with Josplay to improve African music discovery expands Sony Music’s footprint in a high-growth streaming market, supporting long‑term revenue diversification. Josplay, Sony Music Entertainment, partner to fix African music discovery
• Neutral Sentiment: Product refreshes and promotions on headphones (new color options for WH‑1000XM6 and discount activity on WH‑1000XM5/XM5) can lift short‑term sales but may compress margins if driven by promotions. Sony is expanding the color options for its best headphones
• Neutral Sentiment: Local marketing/experience events (e.g., free interactive photography event) and aggregate retail deals increase brand visibility but are unlikely to move top-line materially on their own. Free Sony interactive photography event in Savannah
• Negative Sentiment: Sony Pictures has begun a multi‑month global round of layoffs affecting a few hundred employees as the studio refocuses on growth drivers — raises near‑term disruption risk for content pipelines but could lower operating costs long term. Sony Pictures Entertainment Layoffs Underway As Part Of Studio’s Refocus On Growth Drivers
• Negative Sentiment: Executive departures in Sony TV (including the GSN president and head of comedy) compound concerns about leadership turnover during the restructuring, which can slow content development and execution. GSN President John Zaccario, Sony TV Head Of Comedy Colin Davis Exit
• Negative Sentiment: Reported legal dispute tied to a Deadpool dance could create modest legal and PR noise for Sony’s film/business relationships; likely limited financial impact but worth watching. Ryan Reynolds’ Deadpool Dance Triggers Legal Battle for Sony — Report

Sony Stock Up 0.5%

SONY stock opened at $20.89 on Wednesday. Sony Corporation has a 12-month low of $19.74 and a 12-month high of $30.34. The company has a quick ratio of 0.97, a current ratio of 1.22 and a debt-to-equity ratio of 0.10. The company has a market cap of $124.25 billion, a price-to-earnings ratio of -104.42, a PEG ratio of 7.21 and a beta of 0.98. The company has a 50 day moving average of $21.63 and a two-hundred day moving average of $25.37.

Sony Profile

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.