Fulton Breakefield Broenniman LLC Has $416,000 Stock Position in Southern Company (The) $SO

Fulton Breakefield Broenniman LLC lowered its stake in Southern Company (The) (NYSE:SO) by 7.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 4,533 shares of the utilities provider’s stock after selling 388 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in Southern were worth $416,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of SO. Klein Pavlis & Peasley Financial Inc. acquired a new position in shares of Southern during the 2nd quarter worth approximately $2,352,000. Intech Investment Management LLC lifted its holdings in shares of Southern by 35.8% during the 1st quarter. Intech Investment Management LLC now owns 116,059 shares of the utilities provider’s stock worth $10,672,000 after acquiring an additional 30,618 shares during the period. Investors Research Corp lifted its stake in Southern by 1,982.6% in the 2nd quarter. Investors Research Corp now owns 5,623 shares of the utilities provider’s stock valued at $516,000 after purchasing an additional 5,353 shares during the last quarter. Czech National Bank lifted its stake in Southern by 6.8% in the 2nd quarter. Czech National Bank now owns 268,648 shares of the utilities provider’s stock valued at $24,670,000 after purchasing an additional 17,111 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Southern by 23.2% in the 1st 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. Institutional investors and hedge funds own 64.10% of the company’s stock.

Southern Trading Down 0.3%

NYSE:SO opened at $96.17 on Thursday. Southern Company has a 12 month low of $80.46 and a 12 month high of $96.79. The stock has a market capitalization of $105.79 billion, a price-to-earnings ratio of 24.72, a PEG ratio of 3.33 and a beta of 0.43. The firm has a fifty day simple moving average of $93.52 and a two-hundred day simple moving average of $91.59. The company has a current ratio of 0.74, a quick ratio of 0.54 and a debt-to-equity ratio of 1.69.

Southern (NYSE:SO) last released its quarterly earnings data 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). Southern had a net margin of 15.10% and a return on equity of 12.09%. The business had revenue of $6.97 billion during the quarter, compared to the consensus estimate of $6.70 billion. During the same period last year, the business posted $1.10 earnings per share. The firm’s quarterly revenue 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. Analysts expect 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. Shareholders of record on Monday, August 18th were paid a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Monday, August 18th. Southern’s dividend payout ratio (DPR) is 76.09%.

Insider Buying and Selling at Southern

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

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on SO. BMO Capital Markets raised their price target on shares of Southern from $98.00 to $102.00 and gave the company an “outperform” rating in a research note on Tuesday, July 22nd. Morgan Stanley decreased their price objective on shares of Southern from $94.00 to $92.00 and set an “equal weight” rating for the company in a research report on Thursday, September 25th. JPMorgan Chase & Co. increased their price objective on shares of Southern from $97.00 to $98.00 and gave the stock a “neutral” rating in a research report on Thursday, August 21st. Barclays increased their price objective on shares of Southern from $90.00 to $91.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 16th. Finally, Evercore ISI began coverage on shares of Southern in a research report on Monday. They set an “in-line” rating and a $103.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $95.77.

Southern 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.