O Shaughnessy Asset Management LLC grew its holdings in shares of Sony Corporation (NYSE:SONY – Free Report) by 6.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 994,119 shares of the company’s stock after purchasing an additional 60,173 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Sony were worth $25,449,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the business. West Family Investments Inc. increased its position in shares of Sony by 1.1% during the 3rd quarter. West Family Investments Inc. now owns 34,228 shares of the company’s stock valued at $985,000 after purchasing an additional 385 shares during the last quarter. Baker Tilly Wealth Management LLC increased its position in shares of Sony by 3.6% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 11,655 shares of the company’s stock valued at $298,000 after purchasing an additional 409 shares during the last quarter. Glenmede Investment Management LP increased its position in shares of Sony by 1.0% during the 3rd quarter. Glenmede Investment Management LP now owns 42,478 shares of the company’s stock valued at $1,223,000 after purchasing an additional 416 shares during the last quarter. Mitchell & Pahl Private Wealth LLC increased its position in shares of Sony by 1.1% during the 4th quarter. Mitchell & Pahl Private Wealth LLC now owns 40,335 shares of the company’s stock valued at $1,033,000 after purchasing an additional 433 shares during the last quarter. Finally, Binnacle Investments Inc increased its position in shares of Sony by 81.7% during the 3rd quarter. Binnacle Investments Inc now owns 1,032 shares of the company’s stock valued at $30,000 after purchasing an additional 464 shares during the last quarter. 14.05% of the stock is owned by hedge funds and other institutional investors.
Sony Stock Performance
Shares of SONY opened at $22.17 on Tuesday. The company has a market cap of $131.87 billion, a PE ratio of -110.82, a price-to-earnings-growth ratio of 1.72 and a beta of 0.93. The company has a current ratio of 1.18, a quick ratio of 0.94 and a debt-to-equity ratio of 0.10. The stock has a 50-day moving average price of $21.35 and a 200-day moving average price of $23.17. Sony Corporation has a 12-month low of $19.63 and a 12-month high of $30.34.
Sony Dividend Announcement
The company also recently announced a dividend, which was paid on Monday, June 8th. Investors of record on Monday, March 30th were given a $0.0796 dividend. The ex-dividend date was Monday, March 30th. This represents a yield of 80.0%. Sony’s payout ratio is presently -55.00%.
Insider Buying and Selling
In other Sony news, insider Tsuyoshi Kodera sold 17,500 shares of Sony stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $22.61, for a total value of $395,675.00. Following the transaction, the insider directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kenichiro Yoshida sold 400,000 shares of Sony stock in a transaction that occurred on 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 directly owned 661,615 shares in the company, valued at $14,959,115.15. This trade represents a 37.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 7.00% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the company. Sanford C. Bernstein reissued a “market perform” rating and issued a $22.00 price objective (down from $30.00) on shares of Sony in a report on Tuesday, March 17th. Benchmark reissued a “buy” rating on shares of Sony in a report on Monday, May 11th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Sony in a report on Wednesday, May 20th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Sony has an average rating of “Hold” and an average target price of $22.00.
Read Our Latest Analysis on SONY
More 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 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.
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