Dickmeyer Boyce Financial Management Inc. Makes New Investment in Southern Company (The) $SO

Posted by Stanley Muller on Jul 24th, 2026

Dickmeyer Boyce Financial Management Inc. purchased a new stake in shares of Southern Company (The) (NYSE:SO – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 7,740 shares of the utilities provider’s stock, valued at approximately $747,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Uptick Partners LLC boosted its position in Southern by 1.5% in the first quarter. Uptick Partners LLC now owns 7,601 shares of the utilities provider’s stock worth $734,000 after purchasing an additional 110 shares during the last quarter. Seelaus Asset Management LLC increased its stake in shares of Southern by 2.4% during the 1st quarter. Seelaus Asset Management LLC now owns 4,923 shares of the utilities provider’s stock worth $475,000 after purchasing an additional 115 shares during the last quarter. Stokes Family Office LLC lifted its stake in Southern by 0.7% in the fourth quarter. Stokes Family Office LLC now owns 15,994 shares of the utilities provider’s stock valued at $1,395,000 after purchasing an additional 115 shares during the last quarter. Leonteq Securities AG raised its stake in shares of Southern by 4.7% in the first quarter. Leonteq Securities AG now owns 2,657 shares of the utilities provider’s stock valued at $256,000 after buying an additional 119 shares during the period. Finally, Accredited Investors Inc. increased its holdings in Southern by 5.2% in the 4th quarter. Accredited Investors Inc. now owns 2,446 shares of the utilities provider’s stock worth $213,000 after acquiring an additional 120 shares during the last quarter. Hedge funds and other institutional investors own 64.10% of the company’s stock.

Southern Price Performance

Southern stock opened at $96.53 on Friday. The business has a 50-day simple moving average of $94.34 and a 200 day simple moving average of $93.67. Southern Company has a 52 week low of $83.80 and a 52 week high of $100.83. The stock has a market cap of $108.81 billion, a price-to-earnings ratio of 24.56, a PEG ratio of 1.88 and a beta of 0.34. The company has a quick ratio of 0.45, a current ratio of 0.65 and a debt-to-equity ratio of 1.68.

Southern (NYSE:SO – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.32 EPS for the quarter, topping the consensus estimate of $1.21 by $0.11. Southern had a return on equity of 12.64% and a net margin of 14.46%.The company had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.07 billion. During the same quarter in the previous year, the firm earned $1.23 earnings per share. Southern’s revenue was up 8.0% on a year-over-year basis. On average, research analysts forecast that Southern Company will post 4.58 earnings per share for the current fiscal year.

Southern Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 17th will be paid a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Monday, August 17th. Southern’s dividend payout ratio is currently 77.35%.

Analysts Set New Price Targets

SO has been the topic of several recent research reports. Wall Street Zen raised shares of Southern from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Jefferies Financial Group set a $99.00 target price on shares of Southern in a research note on Monday, June 22nd. JPMorgan Chase & Co. boosted their price target on shares of Southern from $101.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Morgan Stanley reaffirmed an “underweight” rating on shares of Southern in a report on Wednesday. Finally, KeyCorp cut Southern from a “sector weight” rating to an “underweight” rating and set a $79.00 price objective on the stock. in a report on Thursday. Seven analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $100.09.

Check Out Our Latest Research Report on Southern

Southern Company Profile

(Free Report)

Southern Company (NYSE: SO) is an Atlanta-based energy holding company that provides electric and gas utility services and owns power generation assets across the United States. Founded in 1945, the company operates a portfolio of regulated electric utilities and affiliated businesses that generate, transmit and distribute electricity to residential, commercial and industrial customers.

Southern’s principal regulated electric subsidiaries include Georgia Power, Alabama Power and Mississippi Power, which serve large portions of the southeastern United States.