M&T Bank Corp trimmed its holdings in shares of Sony Corporation (NYSE:SONY - Free Report) by 90.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,026 shares of the company's stock after selling 225,362 shares during the period. M&T Bank Corp's holdings in Sony were worth $589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of the business. Fisher Asset Management LLC lifted its holdings in Sony by 2.7% during the 3rd quarter. Fisher Asset Management LLC now owns 104,644,526 shares of the company's stock worth $3,128,924,000 after buying an additional 2,766,460 shares during the last quarter. Mondrian Investment Partners LTD purchased a new stake in Sony during the 3rd quarter worth about $277,631,000. Capital International Investors lifted its holdings in Sony by 245.0% during the 3rd quarter. Capital International Investors now owns 6,049,618 shares of the company's stock worth $176,044,000 after buying an additional 4,296,028 shares during the last quarter. Capital World Investors lifted its holdings in Sony by 0.4% during the 3rd quarter. Capital World Investors now owns 5,001,748 shares of the company's stock worth $144,021,000 after buying an additional 20,960 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in Sony by 7,377.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 3,374,274 shares of the company's stock worth $97,145,000 after buying an additional 3,329,147 shares during the last quarter. 14.05% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Sony
Here are the key news stories impacting Sony this week:
Sony Stock Down 1.4%
SONY opened at $19.81 on Friday. The business has a 50 day moving average price of $21.09 and a two-hundred day moving average price of $24.42. The company has a quick ratio of 0.97, a current ratio of 1.22 and a debt-to-equity ratio of 0.10. The company has a market cap of $117.82 billion, a PE ratio of -99.02, a P/E/G ratio of 6.70 and a beta of 0.92. Sony Corporation has a 52 week low of $19.63 and a 52 week high of $30.34.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the company. Zacks Research downgraded Sony from a "strong-buy" rating to a "hold" rating in a report on Monday, January 12th. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $22.00 price target (down from $30.00) on shares of Sony in a report on Tuesday, March 17th. Finally, Weiss Ratings downgraded Sony from a "hold (c-)" rating to a "sell (d+)" rating in a report on Friday, February 20th. Three equities 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 stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $22.00.
Read Our Latest Report on Sony
About Sony
(
Free Report)
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.
Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sony, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sony wasn't on the list.
While Sony currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.