510,066 Shares in Sony Corporation $SONY Acquired by Wellington Management Group LLP

Key Points

• Wellington Management acquired 510,066 Sony shares during the second quarter, valued at approximately $10.2 million. Other major investors also increased their positions, while institutional investors collectively own 14.05% of the stock.
• Analyst sentiment is mixed but leans positive: Sony has an overall “Moderate Buy” rating and an average price target of $22, despite recent upgrades and downgrades. CEO Hiroki Totoki and another insider sold shares, contributing to 952,565 insider shares sold over the past 90 days.
• Sony reported quarterly earnings of $0.36 per share, beating estimates of $0.28, while revenue rose 8.2% year over year to $17.45 billion. Shares opened at $23.52, compared with a 12-month range of $19.32 to $30.34.

Wellington Management Group LLP acquired a new stake in Sony Corporation (NYSE:SONY - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 510,066 shares of the company's stock, valued at approximately $10,232,000.

Other large investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its holdings in shares of Sony by 4.1% during the 4th 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 during the last quarter. Bank of America Corp DE grew its holdings in shares of Sony by 9.1% in the first quarter. Bank of America Corp DE now owns 16,992,579 shares of the company's stock valued at $351,746,000 after purchasing an additional 1,413,785 shares in the last quarter. Capital International Investors lifted its position in 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 during the last quarter. Royal Bank of Canada increased its holdings in shares of Sony by 10.7% in the 4th quarter. Royal Bank of Canada now owns 6,778,922 shares of the company's stock worth $173,539,000 after buying an additional 657,655 shares during the last quarter. Finally, Capital World Investors lifted its holdings in shares of Sony by 1.5% in the 4th quarter. Capital World Investors now owns 5,076,516 shares of the company's stock valued at $129,973,000 after acquiring an additional 74,768 shares during the last quarter. 14.05% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on SONY shares. Wall Street Zen lowered Sony from a "buy" rating to a "hold" rating in a report on Sunday, August 9th. Weiss Ratings reissued a "sell (d+)" rating on shares of Sony in a research note on Monday, August 17th. Zacks Research raised Sony from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 4th. Finally, Benchmark reiterated a "buy" rating on shares of Sony in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Sony currently has an average rating of "Moderate Buy" and an average price target of $22.00.

Insider Activity

In related news, CEO Hiroki Totoki sold 225,000 shares of the business's stock in a transaction on Friday, July 3rd. The shares were sold at an average price of $21.02, for a total value of $4,729,500.00. Following the completion of the transaction, the chief executive officer directly owned 173,250 shares in the company, valued at $3,641,715. The trade was a 56.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Ravi Ahuja sold 36,826 shares of the firm's stock in a transaction on Monday, July 6th. The shares were sold at an average price of $21.08, for a total transaction of $776,292.08. Following the sale, the insider owned 58,786 shares in the company, valued at approximately $1,239,208.88. This represents a 38.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 952,565 shares of company stock worth $20,915,191. 7.00% of the stock is currently owned by corporate insiders.

Sony Stock Performance

SONY opened at $23.52 on Wednesday. The firm has a 50 day moving average of $22.70 and a two-hundred day moving average of $21.72. The firm has a market capitalization of $138.93 billion, a PE ratio of 21.00, a P/E/G ratio of 1.77 and a beta of 0.93. The company has a current ratio of 1.25, a quick ratio of 0.97 and a debt-to-equity ratio of 0.11. Sony Corporation has a 12-month low of $19.32 and a 12-month high of $30.34.

Sony (NYSE:SONY - Get Free Report) last announced its quarterly earnings results on Saturday, August 1st. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.08. The company had revenue of $17.45 billion for the quarter, compared to the consensus estimate of $17.17 billion. Sony had a positive return on equity of 13.06% and a negative net margin of 2.00%.The firm's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period last year, the firm earned $42.84 EPS. On average, analysts anticipate that Sony Corporation will post 1.41 EPS for the current year.

Key Stories Impacting Sony

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony introduced a refreshed WH-1000XM4C premium headphone alongside the lower-priced WH-CH730N and WH-CH530 models. Reported upgrades include improved sound, Bluetooth 6.0, longer battery life, new colors and better call quality. The broader lineup could support consumer-electronics sales and reinforce Sony’s audio brand. Sony revives its WH-1000XM4 headphones as a refreshed $300 option
• Positive Sentiment: Entertainment coverage describes Spider-Man: Brand New Day as a blockbuster success, offering a favorable signal for Sony’s film business and its valuable franchise portfolio. Sony's Tom Rothman on Spider-Man: Brand New Day blockbuster success
• Positive Sentiment: A Zacks analysis identifies Sony as a potentially attractive long-term value stock, consistent with investor interest in its diversified gaming, entertainment, music and electronics businesses. This is an opinion-based signal rather than a new company announcement. Why Sony is a top value stock for the long term
• Neutral Sentiment: Sony reportedly plans additional E-mount lenses, while reviews of its new fisheye lens are positive. The products may strengthen the imaging ecosystem, but no sales or profit outlook was provided. Sony reportedly preparing to announce three new E-mount lenses
• Neutral Sentiment: Sony clarified that it will accept more orders for physical games after 2028, reversing concerns about a possible production constraint. The clarification supports continuity but is unlikely to materially change near-term results. Sony to accept more orders for physical games after 2028
• Negative Sentiment: Sony and Microsoft are reportedly challenging efforts to direct tariff refunds to consumers. Any unfavorable resolution could increase product costs or pressure margins, although the financial impact remains uncertain. Sony and Microsoft fight to keep tariff refunds over consumers

About Sony

Sony Group Corporation is a Japan-based global entertainment and technology company headquartered in Tokyo. Founded in 1946 as Tokyo Tsushin Kogyo, the company adopted the Sony name in 1958 and has developed a diversified portfolio spanning consumer electronics, interactive entertainment, music, film and television, and imaging technology.

Sony's Game & Network Services business operates the PlayStation platform and provides hardware, software, digital content and network services.

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