Clarendon Private LLC Has $996,000 Stock Position in Southern Company (The) $SO

Clarendon Private LLC grew its stake in shares of Southern Company (The) (NYSE:SO) by 14.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 10,846 shares of the utilities provider’s stock after buying an additional 1,396 shares during the quarter. Southern accounts for approximately 1.0% of Clarendon Private LLC’s portfolio, making the stock its 27th biggest position. Clarendon Private LLC’s holdings in Southern were worth $996,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Keudell Morrison Wealth Management grew its position in Southern by 1.1% in the 1st quarter. Keudell Morrison Wealth Management now owns 10,032 shares of the utilities provider’s stock worth $922,000 after purchasing an additional 110 shares in the last quarter. West Branch Capital LLC grew its position in Southern by 23.0% in the 1st quarter. West Branch Capital LLC now owns 616 shares of the utilities provider’s stock worth $57,000 after purchasing an additional 115 shares in the last quarter. McGlone Suttner Wealth Management Inc. grew its position in Southern by 1.4% in the 1st quarter. McGlone Suttner Wealth Management Inc. now owns 8,565 shares of the utilities provider’s stock worth $788,000 after purchasing an additional 116 shares in the last quarter. KPP Advisory Services LLC grew its position in shares of Southern by 1.0% during the 2nd quarter. KPP Advisory Services LLC now owns 11,392 shares of the utilities provider’s stock valued at $1,046,000 after acquiring an additional 117 shares during the period. Finally, MBE Wealth Management LLC grew its position in shares of Southern by 4.4% during the 1st quarter. MBE Wealth Management LLC now owns 2,827 shares of the utilities provider’s stock valued at $260,000 after acquiring an additional 118 shares during the period. 64.10% of the stock is owned by institutional investors.

Southern Stock Performance

NYSE SO opened at $98.23 on Friday. The company’s 50 day simple moving average is $93.62 and its two-hundred day simple moving average is $91.73. The stock has a market capitalization of $108.06 billion, a PE ratio of 25.25, a P/E/G ratio of 3.40 and a beta of 0.43. Southern Company has a 1 year low of $80.46 and a 1 year high of $98.36. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.74 and a quick ratio of 0.54.

Southern (NYSE:SO) last issued its quarterly earnings results on Thursday, July 31st. The utilities provider reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.08). The company had revenue of $6.97 billion during the quarter, compared to the consensus estimate of $6.70 billion. Southern had a return on equity of 12.09% and a net margin of 15.10%.Southern’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.10 EPS. Southern has set its Q3 2025 guidance at 1.500-1.500 EPS. FY 2025 guidance at 4.200-4.300 EPS. Analysts predict that Southern Company will post 4.29 earnings per share for the current fiscal year.

Southern Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 8th. Stockholders of record on Monday, August 18th were issued a $0.74 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 3.0%. Southern’s dividend payout ratio is presently 76.09%.

Insider Activity at Southern

In other news, CEO Kimberly S. Greene sold 13,158 shares of the stock in a transaction on Monday, July 21st. The shares were sold at an average price of $95.00, for a total value of $1,250,010.00. Following the transaction, the chief executive officer owned 93,661 shares of the company’s stock, valued at $8,897,795. This represents a 12.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.16% of the stock is owned by insiders.

Analysts Set New Price Targets

SO has been the subject of a number of recent research reports. Barclays raised their target price on Southern from $90.00 to $91.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 16th. Scotiabank reissued a “sector perform” rating and issued a $99.00 target price on shares of Southern in a research report on Friday, October 3rd. Wall Street Zen cut shares of Southern from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. JPMorgan Chase & Co. upped their price target on shares of Southern from $97.00 to $98.00 and gave the company a “neutral” rating in a research note on Thursday, August 21st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Southern in a research note on Wednesday. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $96.31.

Southern Company Profile

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.