Yeomans Consulting Group Inc. Sells 455 Shares of Southern Company (The) $SO

Yeomans Consulting Group Inc. lessened its position in shares of Southern Company (The) (NYSE:SO) by 4.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,753 shares of the utilities provider’s stock after selling 455 shares during the quarter. Yeomans Consulting Group Inc.’s holdings in Southern were worth $808,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of SO. Cheviot Value Management LLC acquired a new stake in Southern during the first quarter worth $28,000. Financial Connections Group Inc. bought a new position in shares of Southern during the 1st quarter worth about $33,000. Accredited Wealth Management LLC acquired a new stake in shares of Southern during the 1st quarter valued at about $36,000. Rossby Financial LCC bought a new stake in Southern in the first quarter valued at about $39,000. Finally, Saudi Central Bank acquired a new position in Southern in the first quarter worth about $40,000. 64.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on SO shares. Jefferies Financial Group raised Southern from a “hold” rating to a “buy” rating and decreased their price objective for the company from $102.00 to $100.00 in a report on Thursday, June 5th. Scotiabank boosted their price target on Southern from $98.00 to $99.00 and gave the company a “sector outperform” rating in a research note on Friday, August 1st. Raymond James Financial began coverage on Southern in a research report on Friday, June 13th. They issued an “outperform” rating and a $98.00 price target on the stock. Wall Street Zen cut Southern from a “hold” rating to a “sell” rating in a report on Saturday, August 2nd. Finally, Mizuho boosted their target price on shares of Southern from $93.00 to $95.00 and gave the company a “neutral” rating in a research note on Friday, August 1st. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Southern has a consensus rating of “Hold” and a consensus target price of $95.08.

Southern Trading Down 1.0%

Shares of SO opened at $93.84 on Friday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.54 and a current ratio of 0.74. The company has a market cap of $103.23 billion, a price-to-earnings ratio of 24.12, a PEG ratio of 3.28 and a beta of 0.43. The stock has a fifty day moving average price of $93.47 and a two-hundred day moving average price of $91.43. Southern Company has a 52-week low of $80.46 and a 52-week high of $96.44.

Southern (NYSE:SO) last announced its earnings results on Thursday, July 31st. The utilities provider reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.08). The business had revenue of $6.97 billion during the quarter, compared to analyst estimates of $6.70 billion. Southern had a net margin of 15.10% and a return on equity of 12.09%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the business 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. Analysts predict that Southern Company will post 4.29 EPS for the current fiscal year.

Southern Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 8th. Shareholders of record on Monday, August 18th were paid a $0.74 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 3.2%. Southern’s payout ratio is currently 76.09%.

Insider Activity at Southern

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

Southern Company Profile

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.