Capital World Investors Purchases 74,768 Shares of Sony Corporation $SONY

Capital World Investors lifted its position in shares of Sony Corporation (NYSE:SONY) by 1.5% during the fourth quarter, Holdings Channel reports. The firm owned 5,076,516 shares of the company’s stock after acquiring an additional 74,768 shares during the period. Capital World Investors’ holdings in Sony were worth $129,973,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Fisher Asset Management LLC lifted its position in shares of Sony by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 108,981,588 shares of the company’s stock valued at $2,789,929,000 after purchasing an additional 4,337,062 shares in the last quarter. Mondrian Investment Partners LTD bought a new position in shares of Sony during the third quarter valued at about $277,631,000. Capital International Investors lifted its position in shares of Sony by 23.1% during the fourth quarter. Capital International Investors now owns 7,446,889 shares of the company’s stock valued at $191,534,000 after purchasing an additional 1,397,271 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of Sony by 1.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 3,411,634 shares of the company’s stock valued at $87,342,000 after purchasing an additional 37,360 shares during the last quarter. Finally, UBS Group AG increased its position in shares of Sony by 165.4% during the 4th quarter. UBS Group AG now owns 2,742,402 shares of the company’s stock valued at $70,205,000 after purchasing an additional 1,709,003 shares during the last quarter. 14.05% of the stock is owned by institutional investors.

Sony News Summary

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

Insider Activity

In related 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 sale, the director owned 661,615 shares of the company’s stock, valued at approximately $14,959,115.15. This trade represents a 37.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Tsuyoshi Kodera sold 17,500 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 $395,675.00. Following the completion of the sale, the insider directly owned 27,553 shares of the company’s stock, valued at approximately $622,973.33. This trade represents a 38.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 7.00% of the company’s stock.

Wall Street Analyst Weigh In

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

Sony Trading Up 1.3%

Shares of SONY opened at $22.17 on Tuesday. The business has a 50-day moving average of $21.35 and a 200 day moving average of $23.17. Sony Corporation has a fifty-two week low of $19.63 and a fifty-two week high of $30.34. The firm has a market cap of $131.87 billion, a P/E ratio of -110.82, a price-to-earnings-growth ratio of 1.72 and a beta of 0.93. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.94 and a current ratio of 1.18.

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

Sony Announces Dividend

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

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.