Sony Corporation $SONY Shares Sold by Lazard Asset Management LLC

Lazard Asset Management LLC reduced its position in shares of Sony Corporation (NYSE:SONY) by 25.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 228,244 shares of the company’s stock after selling 77,862 shares during the period. Lazard Asset Management LLC’s holdings in Sony were worth $4,725,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. WCM Investment Management LLC increased its holdings in shares of Sony by 337.6% in the 1st quarter. WCM Investment Management LLC now owns 1,949,592 shares of the company’s stock valued at $38,836,000 after acquiring an additional 1,504,035 shares during the last quarter. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Sony during the 1st quarter worth about $23,933,000. Brighton Jones LLC lifted its stake in Sony by 422.0% during the fourth quarter. Brighton Jones LLC now owns 19,908 shares of the company’s stock worth $421,000 after purchasing an additional 16,094 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Sony during the first quarter worth approximately $39,998,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in Sony by 28.0% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 973,178 shares of the company’s stock valued at $24,913,000 after purchasing an additional 212,971 shares in the last quarter. Institutional investors and hedge funds own 14.05% of the company’s stock.

Insider Transactions at Sony

In other Sony news, Director Kenichiro Yoshida sold 400,000 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $22.61, for a total transaction of $9,044,000.00. Following the completion of the sale, the director directly owned 661,615 shares of the company’s stock, valued at approximately $14,959,115.15. This trade represents a 37.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ravi Ahuja sold 36,826 shares of Sony stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $21.08, for a total value of $776,292.08. Following the completion of the transaction, the insider owned 58,786 shares in the company, valued at $1,239,208.88. This trade represents a 38.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 771,838 shares of company stock worth $16,866,580 over the last three months. 7.00% of the stock is currently owned by company insiders.

Sony Trading Up 2.5%

Shares of Sony stock opened at $23.33 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.94 and a current ratio of 1.18. The company has a market capitalization of $137.84 billion, a P/E ratio of -116.65, a PEG ratio of 1.81 and a beta of 0.94. Sony Corporation has a 1 year low of $19.32 and a 1 year high of $30.34. The company’s fifty day moving average is $21.17 and its two-hundred day moving average is $21.56.

Sony (NYSE:SONY) last announced its earnings results on Thursday, July 30th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.08. Sony had a negative net margin of 2.61% and a positive return on equity of 12.20%. The business had revenue of $17.45 billion during the quarter, compared to analysts’ expectations of $17.17 billion. During the same period in the prior year, the company earned $42.84 earnings per share. The business’s revenue was up 8.2% compared to the same quarter last year. Analysts forecast that Sony Corporation will post 1.28 earnings per share for the current year.

Sony News Roundup

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony reported first-quarter revenue of $17.45 billion, up 8.2% year over year and above the $17.17 billion consensus estimate. EPS of $0.36 also exceeded expectations of $0.28, while operating profit reportedly rose 40%, helped by gaming and image sensors. Sony posts 40% rise in Q1 profit, beating estimates
• Positive Sentiment: The company raised its fiscal 2026 outlook, including revenue guidance of approximately $81.7 billion versus the $78.4 billion analyst consensus. The upgrade signals management expects continued momentum, particularly from the gaming business. SONY Q1 Earnings & Sales Rise on Gaming & Sensors
• Positive Sentiment: Music revenue increased sharply, with global music-business revenue topping $3.53 billion amid stronger vinyl, live-event and merchandise sales. This diversification supports Sony’s higher-margin entertainment strategy. Sony’s Global Music Business Revenue
• Positive Sentiment: Spider-Man: Brand New Day generated a record $72 million in domestic preview sales and is projected to approach $270 million in its opening weekend, improving the outlook for Sony Pictures and theatrical releases. Spider-Man: Brand New Day box office preview
• Positive Sentiment: Sony said it has secured sufficient memory supply for the PS5 units it expects to sell this year, reducing a potential hardware constraint ahead of anticipated demand tied to major game launches. Sony says it has plenty of RAM for PlayStation

Wall Street Analyst Weigh In

SONY has been the topic of several recent analyst reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of Sony in a research note on Wednesday, May 20th. Wall Street Zen upgraded shares of Sony from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Benchmark restated a “buy” rating on shares of Sony in a report on Monday, May 11th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Sony currently has a consensus rating of “Hold” and a consensus 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.