Park Avenue Securities LLC Purchases 48,456 Shares of Sony Corporation $SONY

Park Avenue Securities LLC raised its position in Sony Corporation (NYSE:SONY) by 26.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 234,732 shares of the company’s stock after purchasing an additional 48,456 shares during the quarter. Park Avenue Securities LLC’s holdings in Sony were worth $6,009,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Brighton Jones LLC grew its stake in shares of Sony by 422.0% during the fourth quarter. Brighton Jones LLC now owns 19,908 shares of the company’s stock valued at $421,000 after buying an additional 16,094 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Sony by 26.7% during the 1st quarter. AQR Capital Management LLC now owns 178,889 shares of the company’s stock worth $4,542,000 after acquiring an additional 37,677 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Sony by 23.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 22,013 shares of the company’s stock worth $573,000 after acquiring an additional 4,172 shares during the last quarter. TD Waterhouse Canada Inc. boosted its holdings in Sony by 14.0% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 5,373 shares of the company’s stock valued at $137,000 after acquiring an additional 658 shares during the period. Finally, Handelsbanken Fonder AB grew its position in Sony by 97.9% in the 2nd quarter. Handelsbanken Fonder AB now owns 950,000 shares of the company’s stock valued at $24,728,000 after acquiring an additional 470,000 shares during the last quarter. Hedge funds and other institutional investors own 14.05% of the company’s stock.

More Sony News

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony Pictures is co-developing a Labubu feature with POP MART and filmmaker Paul King, expanding franchise/licensing opportunities for Sony’s studios—a potential medium-term revenue and IP boost. Pop Mart and Sony team up for Labubu film to expand viral toy’s reach
• Positive Sentiment: Wall Street analyst coverage remains constructive in places: at least one Zacks piece highlights analyst “buy” views on SONY, which can support investor interest in the stock. Wall Street Analysts See Sony (SONY) as a Buy: Should You Invest?
• Neutral Sentiment: Sanford C. Bernstein reaffirmed a Market Perform rating—neutral for momentum but signals limited near-term upside from that firm. Sanford C. Bernstein Reaffirms Market Perform Rating for Sony (NYSE:SONY)
• Neutral Sentiment: Reports say Sony will retire the “PlayStation Network” branding this year—an organizational/branding move that could be neutral long-term but may create short-term customer and messaging noise. Sony Will Drop All PlayStation Network Branding This Year – Report
• Neutral Sentiment: Sony pushed a surprise PS3 update required to keep Blu‑ray functionality—important for legacy support but unlikely to move the stock materially. Sony Drops Surprise PS3 Update And It’s Required To Keep Blu-Ray Working
• Neutral Sentiment: Retail promotions have driven WH-1000XM6 headphones to record-low prices, which could lift unit sales but compress margins on consumer audio. Sony WH-1000XM6 Headphones Are Back at a Record Low, Now an Affordable Alternative to AirPods Max
• Negative Sentiment: Reports say Sony is issuing automatic refunds for in‑game purchases tied to the short‑lived live service Highguard—this creates direct revenue refunds and highlights product/launch execution risks. Sony Reportedly Issuing Automatic Refunds for Additional Content Bought for Short-Lived Live Service, Highguard
• Negative Sentiment: Coverage criticizes Sony’s decision to scale back or pull PC efforts, raising questions about lost addressable market for PlayStation content and long-term platform strategy. New Gaming Report Makes Sony’s Decision to Pull Out From PC All the More Confusing
• Negative Sentiment: Consumer/perception hits: a viral story shows Spider‑Man using Samsung’s Galaxy Z Flip 7 instead of a Sony phone, and a writer blames past hacks for killing a Spider‑Man spinoff—both items dent Sony’s mobile and IP momentum in headlines. Spider-Man Ditched Sony’s Phone For Galaxy Z Flip 7: Here’s Why That’s A Big Deal “Project Hail Mary” writer says the Sony hack killed his Spider-Man spinoff

Analyst Upgrades and Downgrades

A number of research firms have weighed in on SONY. Sanford C. Bernstein reiterated 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. Zacks Research cut shares of Sony from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. Wall Street Zen raised shares of Sony to a “hold” rating in a research note on Saturday, December 6th. Finally, Weiss Ratings lowered shares of Sony from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 20th. 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 MarketBeat, the company has an average rating of “Hold” and an average price target of $22.00.

Sony Trading Down 1.9%

Shares of NYSE SONY opened at $20.24 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.22 and a debt-to-equity ratio of 0.10. The business has a fifty day simple moving average of $22.38 and a two-hundred day simple moving average of $26.08. The firm has a market cap of $122.39 billion, a PE ratio of -101.18, a price-to-earnings-growth ratio of 7.18 and a beta of 0.94. Sony Corporation has a twelve month low of $20.13 and a twelve month high of $30.34.

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.