Southern Financial Group LLC Sells 6,128 Shares of Southern Company (The) $SO

Posted by Geri Gentry on Nov 5th, 2026

Southern Financial Group LLC cut its holdings in shares of Southern Company (The) (NYSE:SO – Free Report) by 1.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 360,304 shares of the utilities provider’s stock after selling 6,128 shares during the quarter. Southern comprises approximately 8.2% of Southern Financial Group LLC’s portfolio, making the stock its 7th biggest holding. Southern Financial Group LLC’s holdings in Southern were worth $29,866,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SO. Rakuten Investment Management Inc. lifted its position in shares of Southern by 11.2% during the third quarter. Rakuten Investment Management Inc. now owns 204,978 shares of the utilities provider’s stock worth $17,105,000 after purchasing an additional 20,595 shares during the last quarter. Provenance Wealth Advisors LLC boosted its position in shares of Southern by 27,742.1% during the third quarter. Provenance Wealth Advisors LLC now owns 10,580 shares of the utilities provider’s stock worth $877,000 after buying an additional 10,542 shares during the period. Associated Banc Corp bought a new position in Southern in the 3rd quarter valued at about $8,541,000. Integrity Alliance LLC. increased its stake in shares of Southern by 1.3% during the third quarter. Integrity Alliance LLC. now owns 12,881 shares of the utilities provider’s stock valued at $1,068,000 after acquiring an additional 166 shares during the period. Finally, Integrity Advisory Solutions LLC bought a new position in Southern during the third quarter valued at about $248,000. Hedge funds and other institutional investors own 64.10% of the company’s stock.

Southern Stock Down 0.8%

Southern stock opened at $93.02 on Thursday. The firm has a fifty day moving average price of $88.02 and a two-hundred day moving average price of $92.44. Southern Company has a fifty-two week low of $81.69 and a fifty-two week high of $99.58. The firm has a market cap of $107.01 billion, a price-to-earnings ratio of 22.31, a P/E/G ratio of 2.47 and a beta of 0.30. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.79 and a quick ratio of 0.59.

Southern Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 7th. Stockholders of record on Monday, November 16th will be paid a $0.76 dividend. The ex-dividend date is Monday, November 16th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.3%. Southern’s dividend payout ratio is currently 72.90%.

Wall Street Analyst Weigh In

SO has been the topic of several recent research reports. Scotiabank decreased their price target on shares of Southern from $103.00 to $93.00 and set a “sector perform” rating on the stock in a research report on Wednesday, September 30th. Wall Street Zen raised Southern from a “sell” rating to a “hold” rating in a research note on Saturday, September 19th. Jefferies Financial Group decreased their price objective on shares of Southern from $96.00 to $95.00 and set a “hold” rating for the company in a research note on Tuesday, October 20th. Royal Bank Of Canada reduced their target price on Southern from $101.00 to $98.00 in a report on Monday, October 26th. Finally, LADENBURG THALM/SH SH lowered their price target on Southern from $96.50 to $85.50 and set a “neutral” rating on the stock in a report on Monday, September 28th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $97.24.

Get Our Latest Report on Southern

Southern Profile

(Free Report)

Southern Company (NYSE: SO) is an energy holding company headquartered in Atlanta, Georgia. Through its subsidiaries, the company generates, transmits, distributes and sells electricity, while also providing natural gas distribution and related energy services.

Southern’s electric utility operations include Alabama Power, Georgia Power and Mississippi Power, which serve customers across Alabama, Georgia and Mississippi. The company’s generation portfolio includes nuclear, natural gas, coal, hydroelectric and renewable energy resources.