O Brien Greene & Co. Inc Has $5.68 Million Position in Sony Corporation $SONY

O Brien Greene & Co. Inc grew its holdings in Sony Corporation (NYSE:SONY) by 16.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 221,842 shares of the company’s stock after purchasing an additional 31,914 shares during the quarter. Sony comprises 1.7% of O Brien Greene & Co. Inc’s portfolio, making the stock its 24th biggest holding. O Brien Greene & Co. Inc’s holdings in Sony were worth $5,679,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. HighPoint Advisor Group LLC lifted its position in Sony by 2.8% in the 3rd quarter. HighPoint Advisor Group LLC now owns 13,670 shares of the company’s stock valued at $394,000 after acquiring an additional 367 shares in the last quarter. West Family Investments Inc. boosted 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 buying an additional 385 shares during the last quarter. Checchi Capital Advisers LLC boosted its stake in shares of Sony by 1.3% during the 3rd quarter. Checchi Capital Advisers LLC now owns 30,408 shares of the company’s stock worth $875,000 after buying an additional 391 shares during the last quarter. Baker Tilly Wealth Management LLC boosted its stake 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 worth $298,000 after buying an additional 409 shares during the last quarter. Finally, Glenmede Investment Management LP boosted its stake 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 worth $1,223,000 after buying an additional 416 shares during the last quarter. 14.05% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Sanford C. Bernstein restated a “market perform” rating and set a $22.00 price objective (down from $30.00) on shares of Sony in a research note on Tuesday, March 17th. Benchmark reaffirmed a “buy” rating on shares of Sony in a research report on Monday, May 11th. Finally, Weiss Ratings lowered Sony from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 20th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Sony presently has a consensus rating of “Hold” and an average target price of $22.00.

Sony Stock Up 0.9%

Shares of SONY stock opened at $22.32 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.97 and a current ratio of 1.18. The firm’s 50-day moving average is $20.95 and its 200-day moving average is $23.92. The stock has a market cap of $132.76 billion, a price-to-earnings ratio of -111.57, a PEG ratio of 1.74 and a beta of 0.92. Sony Corporation has a 52-week low of $19.63 and a 52-week high of $30.34.

Sony (NYSE:SONY) last issued its earnings results on Friday, May 8th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.13). The firm had revenue of $19.15 billion during the quarter, compared to the consensus estimate of $18.43 billion. Sony had a negative net margin of 2.61% and a positive return on equity of 12.20%. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period in the previous year, the company posted $32.86 earnings per share. Sell-side analysts predict that Sony Corporation will post 1.31 EPS for the current year.

Sony Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, June 8th. Shareholders of record on Monday, March 30th will be issued a $0.0796 dividend. This represents a yield of 80.0%. The ex-dividend date of this dividend is Monday, March 30th. Sony’s dividend payout ratio is currently -55.00%.

Sony News Roundup

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony unveiled the Xperia 1 VIII with larger camera sensors and a redesigned body, giving its premium phone lineup a fresh hardware refresh that could help stabilize mobile sales. Sony’s Xperia 1 VIII has bigger camera sensors and a new look
• Positive Sentiment: Sony also introduced the a7R VI and a new FE 100-400mm F4.5 GM OSS lens, which could reinforce the company’s strong position in high-end imaging and camera accessories. Sony’s a7R VI comes speeding out of the studio
• Positive Sentiment: Sony executive Sanford Panitch said streaming has not created true global intellectual property, a reminder that Sony still sees value in traditional film and franchise monetization beyond streaming alone. Sony’s Sanford Panitch says streaming has never created true global IP
• Neutral Sentiment: Several reviews praised the Xperia 1 VIII’s camera ambitions but also flagged confusing AI processing and at least one major camera tradeoff, making the reception more uncertain than clearly positive. Sony sure seems to be sabotaging the Xperia 1 VIII with its new camera assistant
• Negative Sentiment: Other coverage said Sony’s Xperia 1 VIII still has lingering problems and that AI-touched camera samples were disappointing, which could weigh on consumer sentiment around the flagship phone launch. Sony shows off AI-touched Xperia 1 VIII camera samples. It’s an epic self-own that I can’t digest
• Negative Sentiment: Critics also said the new Xperia flagship makes a major camera tradeoff and that Sony is still ignoring key handset issues, which could limit the phone’s ability to drive a stronger turnaround in mobile. Sony’s new Xperia flagship phone makes a major camera tradeoff

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.