Sony Corporation $SONY Shares Sold by Minneapolis Portfolio Management Group LLC

Minneapolis Portfolio Management Group LLC lowered its stake in Sony Corporation (NYSE:SONY) by 14.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,349,823 shares of the company’s stock after selling 228,450 shares during the period. Sony makes up 4.5% of Minneapolis Portfolio Management Group LLC’s portfolio, making the stock its 6th largest holding. Minneapolis Portfolio Management Group LLC’s holdings in Sony were worth $38,861,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Fisher Asset Management LLC grew its position in shares of Sony by 19.0% in the second quarter. Fisher Asset Management LLC now owns 101,878,066 shares of the company’s stock valued at $2,651,886,000 after purchasing an additional 16,280,542 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Sony by 41.6% in the 2nd quarter. Raymond James Financial Inc. now owns 2,482,524 shares of the company’s stock valued at $64,620,000 after purchasing an additional 729,351 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in Sony by 16.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,293,819 shares of the company’s stock valued at $65,924,000 after buying an additional 320,181 shares in the last quarter. American Century Companies Inc. increased its position in Sony by 15.0% during the 2nd quarter. American Century Companies Inc. now owns 1,858,451 shares of the company’s stock worth $48,375,000 after buying an additional 242,748 shares during the period. Finally, Creative Planning lifted its holdings in shares of Sony by 2.3% during the second quarter. Creative Planning now owns 1,722,545 shares of the company’s stock worth $44,838,000 after buying an additional 39,319 shares in the last quarter. 14.05% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Sony

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Netflix global deal for Sony Pictures: Sony struck a worldwide agreement to stream Sony Pictures films after their theatrical window, giving Sony predictable post-theatrical licensing revenue and broader reach for tentpoles like Spider-Man and other franchises. Investors typically view such deals as near-term cash-flow positive for the studio segment and supportive of content monetization. Reuters: Netflix inks global deal
• Positive Sentiment: High-profile title included (The Legend of Zelda): The expanded deal specifically covers blockbuster releases (including the Legend of Zelda film after its theatrical run), boosting the value proposition of Sony’s film library and potential licensing revenue. Yahoo: Zelda exclusive to Netflix
• Neutral Sentiment: New consumer product activity (earbuds / LinkBuds): Sony is teasing new LinkBuds Clip earbuds and has been promoting partnerships (including a holographic music collaboration). New product launches support longer-term hardware revenue but are unlikely to move material sales at Sony’s scale in the near term. AndroidHeadlines: LinkBuds Clip teaser
• Neutral Sentiment: TV pricing and reviews: Heavy discounts on large Bravia TVs (e.g., an $500+ discount on an 85-inch model) and ongoing product reviews (Bravia 8 II praise) signal both consumer demand promotions and strong product competitiveness — good for unit sales but potentially margin-compressive if discounts are widespread. Mashable: Bravia deal
• Neutral Sentiment: Sponsorship/brand visibility from PGA (Sony Open): Extensive media coverage of the Sony Open in Hawaii increases brand exposure globally, but the event’s impact on near-term financials is limited. Golf Channel: Sony Open coverage
• Negative Sentiment: Sony India FY25: Sony India reported modest revenue growth (+2.4%) but a 6% decline in profit, highlighting regional margin pressure that can dent investor confidence in near-term earnings stability. Economic Times: Sony India FY25 results

Analysts Set New Price Targets

A number of research firms recently commented on SONY. Nomura Securities raised shares of Sony from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 19th. Weiss Ratings restated a “buy (b)” rating on shares of Sony in a research report on Wednesday, October 8th. Nomura raised shares of Sony from a “neutral” rating to a “buy” rating in a report on Wednesday, November 19th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $30.00 price target (down from $33.00) on shares of Sony in a research note on Wednesday. Finally, Zacks Research downgraded Sony from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $31.50.

Sony Stock Performance

Shares of NYSE:SONY opened at $24.07 on Friday. Sony Corporation has a 1 year low of $20.42 and a 1 year high of $30.34. The stock has a market capitalization of $145.57 billion, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 9.22 and a beta of 0.98. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.05 and a quick ratio of 0.98. The company’s 50 day simple moving average is $26.97 and its 200 day simple moving average is $27.26.

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.