Neuberger Berman Group LLC Sells 260,601 Shares of Sony Corporation $SONY

Neuberger Berman Group LLC reduced its stake in Sony Corporation (NYSE:SONY) by 49.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 262,606 shares of the company’s stock after selling 260,601 shares during the period. Neuberger Berman Group LLC’s holdings in Sony were worth $7,560,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SONY. Flow Traders U.S. LLC bought a new stake in Sony during the 2nd quarter valued at about $1,228,000. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of Sony by 14.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 760,207 shares of the company’s stock worth $21,886,000 after buying an additional 95,077 shares in the last quarter. JCIC Asset Management Inc. bought a new position in shares of Sony in the third quarter worth approximately $4,371,000. Thrivent Financial for Lutherans grew its holdings in shares of Sony by 7,377.3% during the third quarter. Thrivent Financial for Lutherans now owns 3,374,274 shares of the company’s stock valued at $97,145,000 after buying an additional 3,329,147 shares during the last quarter. Finally, Factory Mutual Insurance Co. bought a new stake in shares of Sony during the third quarter valued at approximately $4,811,000. 14.05% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Wall Street Zen upgraded Sony to a “hold” rating in a research note on Saturday, December 6th. Weiss Ratings downgraded Sony from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 20th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $30.00 price objective (down from $33.00) on shares of Sony in a research report on Wednesday, January 14th. Nomura upgraded Sony from a “neutral” rating to a “buy” rating in a report on Wednesday, November 19th. Finally, Zacks Research lowered Sony from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Sony has an average rating of “Moderate Buy” and a consensus price target of $30.00.

Sony Price Performance

Shares of SONY opened at $21.48 on Friday. The firm has a market cap of $129.90 billion, a PE ratio of -107.39, a P/E/G ratio of 7.63 and a beta of 0.94. Sony Corporation has a 1-year low of $20.42 and a 1-year high of $30.34. The company has a current ratio of 1.22, a quick ratio of 0.97 and a debt-to-equity ratio of 0.10. The firm has a fifty day simple moving average of $23.26 and a two-hundred day simple moving average of $26.54.

Sony News Summary

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Strong fan backing for Sony’s decision to stop releasing some PlayStation titles on PC could support console sales and ecosystem stickiness for PS owners. Read More.
• Positive Sentiment: Sony appears to be moving forward with PS6 development despite rising component costs — a long‑term investment in hardware that could sustain console-led revenue if margins and pricing are managed. Read More.
• Neutral Sentiment: Industry commentary suggests Sony sees new PC/Steam initiatives as a competitive threat alongside consoles — useful strategic context but not immediately material. Read More.
• Neutral Sentiment: Non-core PR: Sony World Photography Awards honorees were announced — positive brand attention but unlikely to move the stock materially. Read More.
• Negative Sentiment: Major legal risk: Sony is facing a £2.3 billion / ~$2.7 billion class-action suit in the U.K. from PlayStation users over alleged issues — this is the largest single headline and raises contingent liabilities and reputational risk. Read More.
• Negative Sentiment: Pricing friction: Multiple reports show Sony testing dynamic and region‑varying prices on the PlayStation Store — this could boost revenue if effective but also risks consumer backlash and regulatory scrutiny. Read More.
• Negative Sentiment: Revenue concern: Several outlets report Sony will curtail or stop releasing some PlayStation titles on PC — this narrows addressable market for first‑party games and could reduce long‑term software revenue. Read More.

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.