Southern Company (The) $SO Shares Acquired by Stableford Capital II LLC

Stableford Capital II LLC boosted its stake in shares of Southern Company (The) (NYSE:SO) by 1.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,596 shares of the utilities provider’s stock after purchasing an additional 160 shares during the quarter. Stableford Capital II LLC’s holdings in Southern were worth $1,106,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SO. Keudell Morrison Wealth Management increased its stake in Southern by 1.1% in the 1st quarter. Keudell Morrison Wealth Management now owns 10,032 shares of the utilities provider’s stock valued at $922,000 after buying an additional 110 shares during the period. McGlone Suttner Wealth Management Inc. increased its stake in shares of Southern by 1.4% in the first quarter. McGlone Suttner Wealth Management Inc. now owns 8,565 shares of the utilities provider’s stock worth $788,000 after acquiring an additional 116 shares during the last quarter. KPP Advisory Services LLC raised its holdings in shares of Southern by 1.0% during the second quarter. KPP Advisory Services LLC now owns 11,392 shares of the utilities provider’s stock worth $1,046,000 after acquiring an additional 117 shares in the last quarter. MBE Wealth Management LLC boosted its position in Southern by 4.4% during the first quarter. MBE Wealth Management LLC now owns 2,827 shares of the utilities provider’s stock valued at $260,000 after purchasing an additional 118 shares during the last quarter. Finally, Coastal Bridge Advisors LLC grew its stake in Southern by 0.4% in the first quarter. Coastal Bridge Advisors LLC now owns 32,627 shares of the utilities provider’s stock valued at $3,000,000 after purchasing an additional 119 shares in the last quarter. 64.10% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Southern

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

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SO. JPMorgan Chase & Co. raised their price target on Southern from $97.00 to $98.00 and gave the stock a “neutral” rating in a research note on Thursday, August 21st. Cowen began coverage on shares of Southern in a research report on Wednesday. They set a “buy” rating on the stock. BMO Capital Markets boosted their target price on shares of Southern from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 22nd. Scotiabank restated a “sector perform” rating and set a $99.00 price target on shares of Southern in a research note on Friday, October 3rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Southern in a research note on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $97.54.

Southern Trading Down 0.0%

Shares of SO stock opened at $99.67 on Thursday. The business’s 50 day moving average is $93.87 and its two-hundred day moving average is $91.90. The company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 1.69. Southern Company has a 12 month low of $80.46 and a 12 month high of $100.24. The company has a market cap of $109.64 billion, a PE ratio of 25.62, a price-to-earnings-growth ratio of 3.51 and a beta of 0.43.

Southern (NYSE:SO) last posted its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.08). The firm had revenue of $6.97 billion for 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 prior year, the company posted $1.10 earnings per share. Southern has set its Q3 2025 guidance at 1.500-1.500 EPS. FY 2025 guidance at 4.200-4.300 EPS. Equities analysts predict that Southern Company will post 4.29 EPS for the current year.

Southern Announces Dividend

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

About Southern

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.