Patrick Mauro Investment Advisor INC. Invests $2.08 Million in Southern Company (The) $SO

Posted by Stanley Muller on Aug 20th, 2026

Patrick Mauro Investment Advisor INC. bought a new position in Southern Company (The) (NYSE:SO – Free Report) during the second quarter, HoldingsChannel reports. The fund bought 21,706 shares of the utilities provider’s stock, valued at approximately $2,077,000.

Other hedge funds have also bought and sold shares of the company. Norges Bank purchased a new position in shares of Southern during the 4th quarter valued at about $1,111,450,000. Capital World Investors grew its stake in shares of Southern by 22.6% during the 4th quarter. Capital World Investors now owns 41,142,076 shares of the utilities provider’s stock valued at $3,587,589,000 after acquiring an additional 7,593,224 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Southern by 18.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 34,459,462 shares of the utilities provider’s stock worth $3,004,866,000 after acquiring an additional 5,436,212 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Southern during the second quarter valued at approximately $264,829,000. Finally, Soroban Capital Partners LP boosted its position in shares of Southern by 83.8% in the second quarter. Soroban Capital Partners LP now owns 4,097,422 shares of the utilities provider’s stock worth $376,266,000 after purchasing an additional 1,867,912 shares during the period. Institutional investors own 64.10% of the company’s stock.

Southern Stock Performance

Shares of NYSE:SO opened at $92.22 on Thursday. Southern Company has a 52 week low of $83.80 and a 52 week high of $100.83. The stock has a market capitalization of $106.09 billion, a P/E ratio of 22.12, a PEG ratio of 1.77 and a beta of 0.34. The firm has a fifty day simple moving average of $94.66 and a two-hundred day simple moving average of $94.42. The company has a quick ratio of 0.59, a current ratio of 0.79 and a debt-to-equity ratio of 1.62.

Southern (NYSE:SO – Get Free Report) last released its earnings results on Wednesday, July 29th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.12. Southern had a return on equity of 12.93% and a net margin of 15.43%.The firm had revenue of $6.98 billion for the quarter, compared to the consensus estimate of $7.23 billion. During the same quarter in the previous year, the company posted $0.79 EPS. The company’s revenue for the quarter was up .1% compared to the same quarter last year. On average, analysts expect that Southern Company will post 4.58 earnings per share for the current fiscal year.

Southern Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 17th will be paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Monday, August 17th. Southern’s payout ratio is currently 72.90%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SO. Raymond James Financial reissued an “outperform” rating and issued a $104.00 price objective on shares of Southern in a research note on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Southern in a report on Wednesday, July 29th. Jefferies Financial Group set a $99.00 price target on Southern in a research note on Monday, June 22nd. Morgan Stanley reissued an “underweight” rating on shares of Southern in a report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on Southern from $101.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday, July 16th. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $100.09.

Check Out Our Latest Report on SO

About Southern

(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.