Capital International Investors Boosts Position in Sony Corporation $SONY

Capital International Investors lifted its stake in shares of Sony Corporation (NYSE:SONYFree Report) by 23.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,446,889 shares of the company’s stock after acquiring an additional 1,397,271 shares during the period. Capital International Investors’ holdings in Sony were worth $191,534,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Cookson Peirce & Co. Inc. raised its holdings in shares of Sony by 2.7% during the 4th quarter. Cookson Peirce & Co. Inc. now owns 32,969 shares of the company’s stock worth $844,000 after acquiring an additional 875 shares during the period. Argonautica Private Wealth Management Inc. increased its position in shares of Sony by 21.7% during the 4th quarter. Argonautica Private Wealth Management Inc. now owns 22,044 shares of the company’s stock worth $564,000 after purchasing an additional 3,936 shares during the last quarter. Parallel Advisors LLC increased its position in shares of Sony by 1.6% during the 4th quarter. Parallel Advisors LLC now owns 32,735 shares of the company’s stock worth $838,000 after purchasing an additional 516 shares during the last quarter. Vise Technologies Inc. increased its position in shares of Sony by 16.0% during the 4th quarter. Vise Technologies Inc. now owns 175,557 shares of the company’s stock worth $4,494,000 after purchasing an additional 24,237 shares during the last quarter. Finally, Cibc World Market Inc. increased its position in shares of Sony by 9.3% during the 4th quarter. Cibc World Market Inc. now owns 196,221 shares of the company’s stock worth $5,023,000 after purchasing an additional 16,631 shares during the last quarter. Hedge funds and other institutional investors own 14.05% of the company’s stock.

Insider Activity

In other news, Director Kenichiro Yoshida sold 400,000 shares of Sony stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $22.61, for a total value of $9,044,000.00. Following the completion of the transaction, the director owned 661,615 shares in the company, valued at approximately $14,959,115.15. This trade represents a 37.68% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Tsuyoshi Kodera sold 17,500 shares of Sony stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $22.61, for a total value of $395,675.00. Following the completion of the transaction, the insider owned 27,553 shares of the company’s stock, valued at $622,973.33. The trade was a 38.84% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 7.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Sanford C. Bernstein reissued a “market perform” rating and set a $22.00 price objective (down from $30.00) on shares of Sony in a research report on Tuesday, March 17th. Benchmark reissued a “buy” rating on shares of Sony in a research report on Monday, May 11th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Sony in a research report on Wednesday, May 20th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Sony presently has an average rating of “Hold” and a consensus price target of $22.00.

Check Out Our Latest Research Report on SONY

Sony Stock Performance

Shares of SONY opened at $22.17 on Tuesday. The stock has a 50-day simple moving average of $21.35 and a 200-day simple moving average of $23.17. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.94 and a current ratio of 1.18. The stock has a market capitalization of $131.87 billion, a PE ratio of -110.82, a PEG ratio of 1.72 and a beta of 0.93. Sony Corporation has a 1 year low of $19.63 and a 1 year high of $30.34.

Sony (NYSE:SONYGet Free Report) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.13). The company had revenue of $19.15 billion during the quarter, compared to analysts’ expectations of $18.43 billion. Sony had a negative net margin of 2.61% and a positive return on equity of 12.20%. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $32.86 EPS. On average, analysts predict that Sony Corporation will post 1.3 earnings per share for the current fiscal year.

Sony Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 8th. Stockholders of record on Monday, March 30th were paid a $0.0796 dividend. This represents a dividend yield of 80.0%. The ex-dividend date was Monday, March 30th. Sony’s dividend payout ratio (DPR) is presently -55.00%.

Key Sony News

Here are the key news stories impacting Sony this week:

  • Positive Sentiment: Sony’s consumer electronics and imaging brands are staying in the spotlight, including a leaked new OLED TV, discounted PlayStation DualSense controllers, and continued attention on Sony-branded camera/lens products, all of which may help reinforce the company’s hardware relevance and sales momentum. Article Title
  • Positive Sentiment: PlayStation-related coverage was upbeat, with a State of Play livestream drawing major viewership and analysts/news outlets highlighting Sony game franchises and upcoming PS6 possibilities, signaling strong engagement in Sony’s gaming business. Article Title
  • Positive Sentiment: Third-party product launches and reviews continued to reference Sony sensors, headphones, and camera gear, which helps keep the Sony brand visible across premium consumer tech categories. Article Title
  • Neutral Sentiment: Several articles were more promotional or retrospective in nature, including features on Sony’s history, headphones reviews, and camera/lens rankings, which are unlikely to materially move the stock on their own. Article Title
  • Negative Sentiment: Music-industry litigation remains a headwind: Suno asked a court to block UMG and Sony from expanding a copyright lawsuit to more than 61,000 recordings, keeping legal risk around Sony’s music business in the headlines. Article Title

Sony Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding SONY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sony Corporation (NYSE:SONYFree Report).

Institutional Ownership by Quarter for Sony (NYSE:SONY)

Receive News & Ratings for Sony Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sony and related companies with MarketBeat.com's FREE daily email newsletter.