Western Wealth Management LLC Acquires New Shares in Southern Company (The) $SO

Posted by Brian Himes on Aug 26th, 2026

Western Wealth Management LLC bought a new position in Southern Company (The) (NYSE:SO – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 8,635 shares of the utilities provider’s stock, valued at approximately $826,000.

Several other large investors have also recently bought and sold shares of the company. Marble Wealth LLC acquired a new stake in Southern during the 4th quarter worth approximately $4,443,000. D.A. Davidson & CO. grew its holdings in Southern by 20.5% during the 4th quarter. D.A. Davidson & CO. now owns 99,386 shares of the utilities provider’s stock worth $8,667,000 after acquiring an additional 16,878 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in Southern in the 4th quarter valued at approximately $2,462,000. Mawer Investment Management Ltd. raised its stake in shares of Southern by 121.4% during the fourth quarter. Mawer Investment Management Ltd. now owns 1,767,773 shares of the utilities provider’s stock valued at $154,150,000 after acquiring an additional 969,493 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp raised its stake in shares of Southern by 29.2% during the first quarter. OMERS ADMINISTRATION Corp now owns 50,628 shares of the utilities provider’s stock valued at $4,887,000 after acquiring an additional 11,448 shares during the last quarter. 64.10% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on SO. Jefferies Financial Group set a $99.00 price objective on shares of Southern in a research note on Monday, June 22nd. KeyCorp lowered Southern from a “sector weight” rating to an “underweight” rating and set a $79.00 target price for the company. in a research report on Thursday, July 23rd. Truist Financial reduced their price target on Southern from $100.00 to $97.00 and set a “hold” rating on the stock in a research report on Thursday, August 13th. Morgan Stanley decreased their price target on Southern from $92.00 to $89.00 and set an “underweight” rating for the company in a research note on Friday, August 21st. Finally, Raymond James Financial restated an “outperform” rating and set a $104.00 price objective on shares of Southern in a research report on Friday, May 1st. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $100.09.

Check Out Our Latest Stock Report on Southern

Southern Price Performance

Shares of SO opened at $89.95 on Wednesday. The firm has a market cap of $103.47 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 1.73 and a beta of 0.34. Southern Company has a 52-week low of $83.80 and a 52-week high of $100.83. The business’s 50 day moving average price is $94.36 and its two-hundred day moving average price is $94.44. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.59 and a current ratio of 0.79.

Southern (NYSE:SO – Get Free Report) last released its quarterly earnings data 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 net margin of 15.43% and a return on equity of 12.93%. The company had revenue of $6.98 billion during the quarter, compared to analyst estimates of $7.23 billion. During the same quarter in the previous year, the business posted $0.79 EPS. Southern’s revenue for the quarter was up .1% compared to the same quarter last year. On average, equities analysts anticipate that Southern Company will post 4.59 EPS for the current year.

Southern Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 17th will be paid a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Monday, August 17th. Southern’s payout ratio is 72.90%.

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.