Southern Company (The) $SO Holdings Lifted by TrueWealth Advisors LLC

TrueWealth Advisors LLC increased its holdings in shares of Southern Company (The) (NYSE:SO) by 4.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,346 shares of the utilities provider’s stock after buying an additional 1,664 shares during the quarter. Southern accounts for approximately 1.2% of TrueWealth Advisors LLC’s holdings, making the stock its 17th biggest position. TrueWealth Advisors LLC’s holdings in Southern were worth $3,980,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of SO. GAMMA Investing LLC boosted its position in Southern by 23.2% during the first quarter. GAMMA Investing LLC now owns 21,253 shares of the utilities provider’s stock valued at $1,954,000 after purchasing an additional 4,005 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in Southern by 4.1% during the first quarter. Oppenheimer Asset Management Inc. now owns 4,645 shares of the utilities provider’s stock valued at $427,000 after purchasing an additional 182 shares during the last quarter. Coastal Bridge Advisors LLC boosted its position in Southern by 0.4% during the first quarter. Coastal Bridge Advisors LLC now owns 32,627 shares of the utilities provider’s stock valued at $3,000,000 after purchasing an additional 119 shares during the last quarter. Intech Investment Management LLC boosted its position in Southern by 35.8% during the first quarter. Intech Investment Management LLC now owns 116,059 shares of the utilities provider’s stock valued at $10,672,000 after purchasing an additional 30,618 shares during the last quarter. Finally, Summit Financial LLC boosted its position in Southern by 39.1% during the first quarter. Summit Financial LLC now owns 80,214 shares of the utilities provider’s stock valued at $7,376,000 after purchasing an additional 22,546 shares during the last quarter. Hedge funds and other institutional investors own 64.10% of the company’s stock.

Insider Buying and Selling at Southern

In related news, CEO Kimberly S. Greene sold 13,158 shares of the business’s stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $95.00, for a total transaction of $1,250,010.00. Following the completion of the transaction, the chief executive officer owned 93,661 shares of the company’s stock, valued at approximately $8,897,795. The trade was a 12.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Southern Price Performance

Shares of NYSE:SO opened at $92.27 on Friday. Southern Company has a fifty-two week low of $80.46 and a fifty-two week high of $96.44. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.74 and a quick ratio of 0.54. The stock has a market capitalization of $101.50 billion, a P/E ratio of 23.72, a P/E/G ratio of 3.18 and a beta of 0.41. The business has a 50-day moving average of $93.53 and a two-hundred day moving average of $91.13.

Southern (NYSE:SO) last posted its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.08). Southern had a return on equity of 12.09% and a net margin of 15.10%.The business had revenue of $6.97 billion for the quarter, compared to analyst estimates of $6.70 billion. During the same period in the prior year, the firm posted $1.10 EPS. Southern’s revenue for the quarter was up 7.9% on a year-over-year basis. Southern has set its Q3 2025 guidance at 1.500-1.500 EPS. FY 2025 guidance at 4.200-4.300 EPS. On average, equities research analysts predict that Southern Company will post 4.29 EPS for the current fiscal year.

Southern Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 8th. Investors of record on Monday, August 18th were given a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Monday, August 18th. Southern’s payout ratio is currently 76.09%.

Analysts Set New Price Targets

A number of analysts recently issued reports on SO shares. Scotiabank lifted their price objective on Southern from $98.00 to $99.00 and gave the company a “sector outperform” rating in a research report on Friday, August 1st. Barclays lifted their price objective on Southern from $90.00 to $91.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Wall Street Zen cut Southern from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Jefferies Financial Group raised Southern from a “hold” rating to a “buy” rating and reduced their price target for the stock from $102.00 to $100.00 in a research report on Thursday, June 5th. Finally, JPMorgan Chase & Co. boosted their price target on Southern from $97.00 to $98.00 and gave the stock a “neutral” rating in a research report on Thursday, August 21st. Five analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $94.92.

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.