O Brien Greene & Co. Inc Buys 31,914 Shares of Sony Corporation $SONY

O Brien Greene & Co. Inc raised its stake in Sony Corporation (NYSE:SONY) by 16.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 221,842 shares of the company’s stock after acquiring an additional 31,914 shares during the quarter. Sony comprises 1.7% of O Brien Greene & Co. Inc’s holdings, making the stock its 24th largest position. O Brien Greene & Co. Inc’s holdings in Sony were worth $5,679,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of SONY. Mondrian Investment Partners LTD bought a new position in Sony in the 3rd quarter valued at about $277,631,000. Capital International Investors raised its holdings in Sony by 245.0% in the 3rd quarter. Capital International Investors now owns 6,049,618 shares of the company’s stock valued at $176,044,000 after acquiring an additional 4,296,028 shares during the period. Thrivent Financial for Lutherans raised its holdings in Sony by 7,377.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 3,374,274 shares of the company’s stock valued at $97,145,000 after acquiring an additional 3,329,147 shares during the period. Fisher Asset Management LLC raised its holdings in Sony by 2.7% in the 3rd quarter. Fisher Asset Management LLC now owns 104,644,526 shares of the company’s stock valued at $3,128,924,000 after acquiring an additional 2,766,460 shares during the period. Finally, CIBC Bancorp USA Inc. acquired a new position in shares of Sony during the 3rd quarter worth approximately $50,560,000. 14.05% of the stock is owned by institutional investors.

Sony Stock Performance

NYSE SONY opened at $22.32 on Friday. The company has a current ratio of 1.18, a quick ratio of 0.97 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $132.76 billion, a price-to-earnings ratio of -111.57, a P/E/G ratio of 1.74 and a beta of 0.92. The firm’s 50 day simple moving average is $20.95 and its 200 day simple moving average is $23.92. Sony Corporation has a 1 year low of $19.63 and a 1 year high of $30.34.

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

Sony Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, June 8th. Investors of record on Monday, March 30th will be given a dividend of $0.0796 per share. The ex-dividend date is Monday, March 30th. This represents a dividend yield of 80.0%. Sony’s dividend payout ratio (DPR) is currently -55.00%.

Analysts Set New Price Targets

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

Key Sony News

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

Sony Company Profile

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.