Natixis Advisors LLC lessened its holdings in shares of Sony Corporation (NYSE:SONY – Free Report) by 3.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,398,748 shares of the company’s stock after selling 216,653 shares during the period. Natixis Advisors LLC’s holdings in Sony were worth $155,430,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. HighPoint Advisor Group LLC increased its position in shares of Sony by 2.8% during the third quarter. HighPoint Advisor Group LLC now owns 13,670 shares of the company’s stock worth $394,000 after acquiring an additional 367 shares in the last quarter. West Family Investments Inc. raised its stake 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 worth $985,000 after purchasing an additional 385 shares during the period. Checchi Capital Advisers LLC boosted its stake in Sony by 1.3% in the third quarter. Checchi Capital Advisers LLC now owns 30,408 shares of the company’s stock valued at $875,000 after acquiring an additional 391 shares during the last quarter. Highline Wealth Partners LLC lifted its stake in Sony by 46.7% in the third quarter. Highline Wealth Partners LLC now owns 1,316 shares of the company’s stock valued at $38,000 after purchasing an additional 419 shares during the last quarter. Finally, Personal CFO Solutions LLC grew its holdings in Sony by 1.4% during the second quarter. Personal CFO Solutions LLC now owns 30,463 shares of the company’s stock valued at $793,000 after purchasing an additional 427 shares during the period. Institutional investors and hedge funds own 14.05% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on SONY. Nomura raised Sony from a “neutral” rating to a “buy” rating in a report on Wednesday, November 19th. Weiss Ratings downgraded Sony from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 20th. Wall Street Zen raised Sony to a “hold” rating in a research note on Saturday, December 6th. Sanford C. Bernstein restated an “outperform” rating and set a $30.00 target price (down from $33.00) on shares of Sony in a report on Wednesday, January 14th. Finally, Zacks Research lowered Sony from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $30.00.
Sony Price Performance
Shares of NYSE SONY opened at $21.48 on Friday. The company has a 50 day simple moving average of $23.26 and a two-hundred day simple moving average of $26.54. The company has a market capitalization of $129.90 billion, a price-to-earnings ratio of -107.39, a P/E/G ratio of 7.63 and a beta of 0.94. Sony Corporation has a fifty-two week low of $20.42 and a fifty-two week high of $30.34. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.97 and a current ratio of 1.22.
Key Sony News
Here are the key news stories impacting Sony this week:
- Positive Sentiment: Strong fan backing for Sony’s decision to stop releasing some PlayStation titles on PC could support console sales and ecosystem stickiness for PS owners. Read More.
- Positive Sentiment: Sony appears to be moving forward with PS6 development despite rising component costs — a long‑term investment in hardware that could sustain console-led revenue if margins and pricing are managed. Read More.
- Neutral Sentiment: Industry commentary suggests Sony sees new PC/Steam initiatives as a competitive threat alongside consoles — useful strategic context but not immediately material. Read More.
- Neutral Sentiment: Non-core PR: Sony World Photography Awards honorees were announced — positive brand attention but unlikely to move the stock materially. Read More.
- Negative Sentiment: Major legal risk: Sony is facing a £2.3 billion / ~$2.7 billion class-action suit in the U.K. from PlayStation users over alleged issues — this is the largest single headline and raises contingent liabilities and reputational risk. Read More.
- Negative Sentiment: Pricing friction: Multiple reports show Sony testing dynamic and region‑varying prices on the PlayStation Store — this could boost revenue if effective but also risks consumer backlash and regulatory scrutiny. Read More.
- Negative Sentiment: Revenue concern: Several outlets report Sony will curtail or stop releasing some PlayStation titles on PC — this narrows addressable market for first‑party games and could reduce long‑term software revenue. Read More.
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.
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