Vanguard Personalized Indexing Management LLC Purchases 35,901 Shares of Sony Corporation $SONY

Vanguard Personalized Indexing Management LLC grew its position in Sony Corporation (NYSE:SONY) by 10.9% during the second quarter, HoldingsChannel.com reports. The fund owned 365,936 shares of the company’s stock after acquiring an additional 35,901 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Sony were worth $9,525,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SONY. Wellington Management Group LLP bought a new stake in Sony in the 1st quarter worth approximately $78,905,000. 1832 Asset Management L.P. increased its stake in Sony by 702.4% in the 1st quarter. 1832 Asset Management L.P. now owns 1,318,299 shares of the company’s stock worth $33,472,000 after acquiring an additional 1,154,010 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Sony by 124.5% in the 1st quarter. Ameriprise Financial Inc. now owns 2,060,705 shares of the company’s stock worth $52,814,000 after acquiring an additional 1,142,849 shares during the last quarter. Todd Asset Management LLC increased its stake in Sony by 59.2% in the 1st quarter. Todd Asset Management LLC now owns 1,515,899 shares of the company’s stock worth $38,489,000 after acquiring an additional 563,802 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in Sony by 153.3% in the 1st quarter. Cerity Partners LLC now owns 662,158 shares of the company’s stock worth $16,812,000 after acquiring an additional 400,740 shares during the last quarter. Institutional investors own 14.05% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Sony in a research note on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $33.00.

Sony Stock Performance

NYSE SONY opened at $28.28 on Monday. The company has a market cap of $171.00 billion, a P/E ratio of 22.44 and a beta of 0.95. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.03 and a current ratio of 1.09. The business’s 50 day moving average price is $28.29 and its 200-day moving average price is $26.08. Sony Corporation has a fifty-two week low of $17.42 and a fifty-two week high of $30.28.

Sony (NYSE:SONY) last released its earnings results on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.06. The firm had revenue of $17.79 billion for the quarter, compared to the consensus estimate of $18.88 billion. Sony had a return on equity of 13.88% and a net margin of 9.14%.During the same quarter in the previous year, the company posted $189.90 EPS. Sony has set its FY 2025 guidance at EPS. Sell-side analysts predict that Sony Corporation will post 1.23 earnings per share for the current year.

Sony Profile

Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; and home gaming consoles, packaged and game software, and peripheral devices.