PNC Financial Services Group Inc. Has $6.73 Million Holdings in Sony Corporation $SONY

PNC Financial Services Group Inc. boosted its holdings in Sony Corporation (NYSE:SONY) by 8.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 325,068 shares of the company’s stock after acquiring an additional 25,941 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Sony were worth $6,729,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. YANKCOM Partnership raised its stake in shares of Sony by 748.7% in the fourth quarter. YANKCOM Partnership now owns 976 shares of the company’s stock worth $25,000 after purchasing an additional 861 shares during the last quarter. Binnacle Investments Inc boosted its position in shares of Sony by 81.7% during the third quarter. Binnacle Investments Inc now owns 1,032 shares of the company’s stock valued at $30,000 after buying an additional 464 shares during the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Sony during the fourth quarter valued at approximately $27,000. Elyxium Wealth LLC purchased a new stake in Sony in the 4th quarter valued at $27,000. Finally, Osterweis Capital Management Inc. purchased a new stake in Sony in the 4th quarter valued at $28,000. Institutional investors and hedge funds own 14.05% of the company’s stock.

Sony Stock Performance

SONY stock opened at $21.01 on Monday. The firm has a market cap of $124.15 billion, a PE ratio of -105.06, a P/E/G ratio of 1.67 and a beta of 0.94. The company has a quick ratio of 0.94, a current ratio of 1.18 and a debt-to-equity ratio of 0.10. The business has a 50 day moving average of $21.14 and a 200-day moving average of $21.62. Sony Corporation has a 12-month low of $19.32 and a 12-month high of $30.34.

Sony (NYSE:SONY) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.13). Sony had a positive return on equity of 12.20% and a negative net margin of 2.61%.The business had revenue of $19.15 billion for the quarter, compared to the consensus estimate of $18.43 billion. During the same quarter last year, the business posted $32.86 earnings per share. The business’s revenue was up 8.3% compared to the same quarter last year. As a group, sell-side analysts expect that Sony Corporation will post 1.28 earnings per share for the current year.

Key Headlines Impacting Sony

Here are the key news stories impacting Sony this week:

• Positive Sentiment: Sony Pictures reportedly secured or expanded distribution ties for new films including Ramayana and Los Hilos del Miedo, which could support future content revenue and reinforce Sony’s role in global film distribution. Ramayana Movie Lands at Sony
• Positive Sentiment: Sony is said to be reopening Hollywood’s Cinerama Dome and ArcLight Cinemas, a move that could boost theater operations and signal confidence in a rebound in moviegoing demand. Sony to reopen Hollywood’s Cinerama Dome and ArcLight Cinemas
• Positive Sentiment: Sony launched or highlighted a new FX5 cinema camera with 5K open-gate recording, internal RAW support, and AI features, reinforcing its premium imaging franchise and product pipeline. Sony’s new cinema camera offers 5K recording, built-in AI processing
• Positive Sentiment: Sony’s new high-end “The Collexion” headphones are getting favorable attention, and cheaper XM5 pricing may help stimulate demand in consumer audio. Sony’s ‘The Collexion’ Headphones Set New Standard for Audio Engineering and Sound Design
• Neutral Sentiment: Several reports about Sony’s cinema camera FX5 emphasized technical upgrades, but they are more of a product refresh than a clear near-term earnings catalyst. Sony FX5 Launches With a New Sensor Open Gate Recording and Internal RAW Support
• Negative Sentiment: One report warned that Sony’s push to end physical discs could hurt the $7.2 billion used-games market, raising concerns about pushback from gamers and the broader gaming ecosystem. Sony’s decision to end physical discs could destroy the $7.2 Billion second-hand games market, per analysis

Insiders Place Their Bets

In other Sony news, insider Ravi Ahuja sold 36,826 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $21.08, for a total value of $776,292.08. Following the transaction, the insider directly owned 58,786 shares in the company, valued at $1,239,208.88. The trade was a 38.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Toshimoto Mitomo sold 25,000 shares of the stock in a transaction that occurred on Friday, July 3rd. The shares were sold at an average price of $21.02, for a total transaction of $525,500.00. Following the transaction, the insider directly owned 115,700 shares of the company’s stock, valued at $2,432,014. This represents a 17.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 771,838 shares of company stock valued at $16,866,580. Company insiders own 7.00% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on SONY. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sony in a report on Wednesday, May 20th. Benchmark reiterated a “buy” rating on shares of Sony in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Sony currently has a consensus rating of “Hold” and an average target price of $22.00.

About Sony

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.