Sony Group (NYSE:SONY) Stock Purchased Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently bought shares of Sony Group Co. NYSE: SONY. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Sony Group stock on March 3rd. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
• Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

Sony Group Stock Up 2.5 %

SONY stock traded up $0.60 during trading on Wednesday, reaching $24.93. The stock had a trading volume of 3,101,382 shares, compared to its average volume of 4,167,489. The company has a quick ratio of 0.49, a current ratio of 0.66 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $150.77 billion, a price-to-earnings ratio of 20.24, a P/E/G ratio of 9.95 and a beta of 0.94. Sony Group Co. has a one year low of $15.02 and a one year high of $25.78. The company's 50 day moving average is $24.12 and its two-hundred day moving average is $21.57.

Sony Group (NYSE:SONY - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.14. Sony Group had a return on equity of 14.10% and a net margin of 8.21%. The company had revenue of $28.95 billion during the quarter, compared to analyst estimates of $24.32 billion. Equities research analysts forecast that Sony Group Co. will post 1.23 EPS for the current year.

Hedge Funds Weigh In On Sony Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Stonegate Investment Group LLC boosted its position in shares of Sony Group by 2.6% during the first quarter. Stonegate Investment Group LLC now owns 16,898 shares of the company's stock valued at $429,000 after buying an additional 433 shares during the last quarter. Wedmont Private Capital grew its stake in shares of Sony Group by 3.6% in the first quarter. Wedmont Private Capital now owns 16,108 shares of the company's stock worth $409,000 after acquiring an additional 555 shares during the period. Optas LLC lifted its position in Sony Group by 3.7% during the first quarter. Optas LLC now owns 18,558 shares of the company's stock valued at $471,000 after purchasing an additional 655 shares during the period. Sivia Capital Partners LLC grew its position in Sony Group by 4.1% in the 1st quarter. Sivia Capital Partners LLC now owns 17,841 shares of the company's stock worth $453,000 after purchasing an additional 706 shares during the period. Finally, Blue Trust Inc. grew its holdings in shares of Sony Group by 5.4% in the first quarter. Blue Trust Inc. now owns 17,319 shares of the company's stock worth $440,000 after acquiring an additional 888 shares during the period. 14.05% of the stock is owned by institutional investors.

Analysts Set New Price Targets

SONY has been the topic of a number of recent analyst reports. Oppenheimer reaffirmed an "outperform" rating and issued a $33.00 target price (up from $25.00) on shares of Sony Group in a research note on Thursday, February 20th. StockNews.com downgraded Sony Group from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. The Goldman Sachs Group started coverage on shares of Sony Group in a research report on Tuesday, March 25th. They set a "buy" rating on the stock. Sanford C. Bernstein assumed coverage on shares of Sony Group in a report on Thursday, January 16th. They issued an "outperform" rating for the company. Finally, Wolfe Research reaffirmed a "peer perform" rating on shares of Sony Group in a report on Monday, April 7th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $28.00.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

Sony Group Company 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.