Meadowbrook Advisors Group LLC Purchases Shares of 22,024 Southern Company (The) $SO

Posted by Stanley Muller on Jun 20th, 2026

Meadowbrook Advisors Group LLC purchased a new position in shares of Southern Company (The) (NYSE:SO – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund purchased 22,024 shares of the utilities provider’s stock, valued at approximately $1,920,000.

A number of other large investors also recently modified their holdings of the company. Ankerstar Wealth LLC acquired a new position in shares of Southern in the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC purchased a new position in Southern in the fourth quarter valued at approximately $27,000. J.Safra Asset Management Corp purchased a new position in Southern in the fourth quarter valued at approximately $27,000. Triumph Capital Management acquired a new position in Southern during the third quarter valued at approximately $29,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in Southern during the fourth quarter valued at approximately $31,000. 64.10% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Southern

In related news, CEO Kimberly S. Greene sold 25,000 shares of Southern stock in a transaction on Monday, March 30th. The shares were sold at an average price of $96.67, for a total transaction of $2,416,750.00. Following the sale, the chief executive officer owned 103,602 shares of the company’s stock, valued at $10,015,205.34. The trade was a 19.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.16% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on SO shares. Citigroup reissued a “buy” rating on shares of Southern in a research report on Friday, April 10th. KeyCorp upgraded shares of Southern from an “underweight” rating to a “sector weight” rating in a report on Wednesday, March 4th. Morgan Stanley reaffirmed an “underweight” rating and set a $87.00 price target on shares of Southern in a research report on Thursday, May 21st. Truist Financial lowered their price target on Southern from $103.00 to $100.00 and set a “hold” rating for the company in a report on Friday, May 29th. Finally, Scotiabank increased their price target on Southern from $101.00 to $103.00 and gave the company a “sector perform” rating in a report on Friday, February 20th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Southern presently has an average rating of “Hold” and a consensus target price of $99.32.

Check Out Our Latest Report on Southern

Southern Stock Up 0.1%

NYSE SO opened at $93.23 on Friday. 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 Company has a fifty-two week low of $83.80 and a fifty-two week high of $100.83. The business has a 50 day moving average price of $93.58 and a two-hundred day moving average price of $92.07. The stock has a market cap of $105.09 billion, a PE ratio of 23.72, a P/E/G ratio of 2.81 and a beta of 0.34.

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

Southern Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Monday, May 18th were issued a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Monday, May 18th. This is a positive change from Southern’s previous quarterly dividend of $0.74. Southern’s dividend payout ratio (DPR) is 77.35%.

Southern 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.