Little House Capital LLC Has $2.65 Million Stock Holdings in Sony Corporation $SONY

Little House Capital LLC grew its position in Sony Corporation (NYSE:SONY) by 49.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 101,667 shares of the company’s stock after purchasing an additional 33,604 shares during the quarter. Little House Capital LLC’s holdings in Sony were worth $2,646,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SONY. City Holding Co. acquired a new stake in shares of Sony during the first quarter worth $30,000. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of Sony during the first quarter worth $31,000. Zions Bancorporation National Association UT acquired a new stake in shares of Sony during the first quarter worth $47,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Sony by 155.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,268 shares of the company’s stock worth $48,000 after acquiring an additional 1,380 shares during the period. Finally, Ameliora Wealth Management Ltd. acquired a new stake in shares of Sony during the first quarter worth $56,000. 14.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of Sony from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Sony presently has a consensus rating of “Buy” and a consensus price target of $28.00.

Sony Stock Up 0.5%

Sony stock opened at $29.36 on Tuesday. The company has a market cap of $177.53 billion, a P/E ratio of 23.30 and a beta of 0.94. Sony Corporation has a 1-year low of $17.42 and a 1-year high of $29.44. The company has a fifty day simple moving average of $26.45 and a 200 day simple moving average of $25.43. The company has a current ratio of 1.09, a quick ratio of 1.03 and a debt-to-equity ratio of 0.16.

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

About Sony

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.