Sony Corporation $SONY Shares Sold by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. trimmed its position in Sony Corporation (NYSE:SONY) by 27.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 302,201 shares of the company’s stock after selling 114,355 shares during the period. Cullen Frost Bankers Inc.’s holdings in Sony were worth $7,736,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Fisher Asset Management LLC boosted its stake in Sony by 2.7% in the third 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 in the last quarter. Mondrian Investment Partners LTD acquired a new stake in Sony in the third quarter valued at approximately $277,631,000. Capital International Investors boosted its stake in Sony by 245.0% in the third 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 in the last quarter. Capital World Investors boosted its stake in Sony by 0.4% in the third quarter. Capital World Investors now owns 5,001,748 shares of the company’s stock valued at $144,021,000 after acquiring an additional 20,960 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in Sony by 1.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 3,411,634 shares of the company’s stock valued at $87,342,000 after acquiring an additional 37,360 shares in the last quarter. 14.05% of the stock is currently owned by institutional investors and hedge funds.

Sony Trading Up 0.1%

NYSE:SONY opened at $22.79 on Thursday. Sony Corporation has a 12 month low of $19.63 and a 12 month high of $30.34. The firm has a fifty day simple moving average of $21.03 and a 200-day simple moving average of $23.77. The company has a current ratio of 1.18, a quick ratio of 0.94 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $135.55 billion, a P/E ratio of -113.92, a PEG ratio of 1.77 and a beta of 0.92.

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

Sony Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, June 8th. Stockholders of record on Monday, March 30th will be paid a dividend of $0.0796 per share. This represents a dividend yield of 80.0%. The ex-dividend date is Monday, March 30th. Sony’s payout ratio is presently -55.00%.

Key Headlines Impacting Sony

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony announced a June State of Play showcase, with reports highlighting a major PlayStation event and a deep dive into Wolverine, which could help build excitement around upcoming first-party content and hardware/software demand. Article Title
• Positive Sentiment: Sony also unveiled premium 1000X “The ColleXion” headphones, extending its strong consumer audio brand and potentially supporting high-margin accessory sales. Article Title
• Positive Sentiment: One report said Sony’s plan for the PS6 launch and specs has not changed, which may reassure investors that its next-generation gaming roadmap remains on track. Article Title
• Neutral Sentiment: Sony’s PlayStation settlement headlines suggest a relatively modest payout related to users, which is notable but likely not material enough on its own to move the stock. Article Title
• Neutral Sentiment: Coverage around Sony’s new cameras, TVs, and headphones mainly reinforces ongoing consumer brand momentum, but these items appear more promotional than financially significant right now.
• Negative Sentiment: Insider selling is a headwind: director Kenichiro Yoshida sold 400,000 shares and insider Tsuyoshi Kodera sold 17,500 shares, which can pressure sentiment by signaling reduced confidence from leadership. Article Title Article Title
• Negative Sentiment: Sony is facing criticism over higher PlayStation Plus subscription prices, raising concerns about gamer backlash and potential slowing growth in its gaming subscriptions. Article Title
• Negative Sentiment: Reports that Sony is being sued over alleged tariff-related profits add legal and reputational overhang, which investors may view as a risk to near-term sentiment. Article Title

Insider Buying and Selling at Sony

In related news, Director Kenichiro Yoshida sold 400,000 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $22.61, for a total transaction of $9,044,000.00. Following the completion of the transaction, the director owned 661,615 shares of the company’s stock, valued at $14,959,115.15. This trade represents a 37.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Tsuyoshi Kodera sold 17,500 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $22.61, for a total transaction of $395,675.00. Following the transaction, the insider directly owned 27,553 shares of the company’s stock, valued at approximately $622,973.33. This trade represents a 38.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 7.00% of the company’s stock.

Analyst Ratings Changes

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

Sony 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.