Sony Corporation $SONY Shares Acquired by Ethic Inc.

Key Points

• Ethic Inc. increased its Sony holdings by 12.7% in the third quarter, adding 65,546 shares to reach 582,146 shares valued at about $13.7 million.
• Sony raised its fiscal 2026 outlook after second-quarter earnings and revenue beat estimates: EPS was $0.49 versus $0.38 expected, and revenue reached $21.77 billion. Growth was driven by PlayStation and Pictures.
• Rising memory costs, weaker smartphone image-sensor demand, and reported PS5 supply constraints pose risks to growth; analysts’ consensus rating is “Hold,” with an average price target of $26.

Ethic Inc. lifted its holdings in Sony Corporation (NYSE:SONY - Free Report) by 12.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 582,146 shares of the company's stock after purchasing an additional 65,546 shares during the quarter. Ethic Inc.'s holdings in Sony were worth $13,698,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of SONY. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Sony during the first quarter valued at $39,998,000. WCM Investment Management LLC increased its holdings in Sony by 337.6% in the 1st quarter. WCM Investment Management LLC now owns 1,949,592 shares of the company's stock worth $38,836,000 after buying an additional 1,504,035 shares in the last quarter. Bank of America Corp DE increased its holdings in Sony by 9.1% in the 1st quarter. Bank of America Corp DE now owns 16,992,579 shares of the company's stock worth $351,746,000 after buying an additional 1,413,785 shares in the last quarter. Ferguson Wellman Capital Management Inc. purchased a new position in Sony in the 1st quarter worth about $23,933,000. Finally, Public Employees Retirement System of Ohio purchased a new position in Sony in the 1st quarter worth about $15,716,000. 14.05% of the stock is owned by institutional investors.

Sony News Summary

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony raised its fiscal 2026 outlook after second-quarter profit rose about 45%. Earnings of $0.49 per share beat the $0.38 consensus, while revenue of $21.77 billion exceeded estimates of $20.15 billion. Stronger PlayStation and Pictures results, including the success of Spider-Man: Brand New Day, drove growth. Reuters earnings report Zacks earnings call highlights
• Neutral Sentiment: PlayStation game sales and engagement are growing, but reports say Sony is still struggling to meet demand for PS5 consoles. That may limit the benefit of strong software performance. PS5 sales and supply report
• Negative Sentiment: Management cited rising memory costs and weaker smartphone image-sensor demand as pressures on the outlook. These headwinds could temper gains from gaming and entertainment. Zacks earnings call highlights

Insider Transactions at Sony

In other Sony news, insider Kenji Tanaka sold 20,000 shares of the business's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $23.83, for a total transaction of $476,600.00. Following the completion of the sale, the insider directly owned 43,899 shares in the company, valued at $1,046,113.17. The trade was a 31.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 7.00% of the company's stock.

Sony Stock Performance

SONY stock opened at $26.97 on Monday. The company has a market cap of $159.34 billion, a P/E ratio of 24.08, a price-to-earnings-growth ratio of 1.74 and a beta of 0.98. Sony Corporation has a 1 year low of $19.32 and a 1 year high of $30.34. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.25 and a quick ratio of 0.96. The stock's fifty day moving average price is $24.49 and its 200-day moving average price is $22.39.

Sony (NYSE:SONY - Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.38 by $0.11. Sony had a positive return on equity of 14.20% and a negative net margin of 1.54%. The company had revenue of $21.77 billion during the quarter, compared to analyst estimates of $20.15 billion. During the same quarter in the previous year, the company posted $60.10 earnings per share. Sony's revenue was up 10.3% compared to the same quarter last year. On average, equities analysts forecast that Sony Corporation will post 1.47 earnings per share for the current year.

Analyst Ratings Changes

SONY has been the topic of several research analyst reports. Wall Street Zen cut shares of Sony from a "buy" rating to a "hold" rating in a research note on Sunday, August 9th. Sanford C. Bernstein reiterated a "market perform" rating and issued a $26.00 price target on shares of Sony in a research note on Thursday. Weiss Ratings reiterated a "sell (d+)" rating on shares of Sony in a research note on Monday, August 17th. Zacks Research cut shares of Sony from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 30th. Finally, Benchmark restated a "buy" rating on shares of Sony in a research report on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $26.00.

About Sony

Sony Group Corporation is a Japan-based global entertainment and technology company, founded in Tokyo in 1946 by Masaru Ibuka and Akio Morita. Initially known as Tokyo Tsushin Kogyo, the company adopted the name Sony in 1958.

Sony's businesses include video games and network services through PlayStation; music recording and publishing; film and television production and distribution; consumer electronics, including televisions and cameras; and imaging and sensing technologies, including image sensors.

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