Fiduciary Alliance LLC Has $2.48 Million Stock Holdings in Southern Company (The) $SO

Fiduciary Alliance LLC grew its stake in Southern Company (The) (NYSE:SO) by 2.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,024 shares of the utilities provider’s stock after buying an additional 527 shares during the period. Fiduciary Alliance LLC’s holdings in Southern were worth $2,482,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Southern by 1.4% in the first quarter. Vanguard Group Inc. now owns 104,210,177 shares of the utilities provider’s stock valued at $9,582,126,000 after buying an additional 1,419,724 shares during the period. Northern Trust Corp increased its stake in shares of Southern by 1.0% in the first quarter. Northern Trust Corp now owns 10,912,663 shares of the utilities provider’s stock valued at $1,003,419,000 after buying an additional 107,394 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Southern by 1.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 6,680,776 shares of the utilities provider’s stock valued at $614,297,000 after buying an additional 81,066 shares during the period. Nuveen LLC acquired a new stake in shares of Southern in the first quarter valued at about $510,229,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Southern by 23.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,208,872 shares of the utilities provider’s stock valued at $428,794,000 after purchasing an additional 979,756 shares in the last quarter. Institutional investors and hedge funds own 64.10% of the company’s stock.

Southern Stock Down 1.0%

SO stock opened at $91.38 on Wednesday. Southern Company has a twelve month low of $80.46 and a twelve month high of $96.44. The company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 1.69. The stock’s 50 day moving average is $93.55 and its 200-day moving average is $91.17. The firm has a market capitalization of $100.52 billion, a PE ratio of 23.49, a P/E/G ratio of 3.19 and a beta of 0.41.

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

Southern Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Monday, August 18th. Southern’s dividend payout ratio (DPR) is presently 76.09%.

Analyst Upgrades and Downgrades

SO has been the topic of several research analyst reports. Mizuho upped their target price on Southern from $93.00 to $95.00 and gave the company a “neutral” rating in a research report on Friday, August 1st. Barclays upped their target price on Southern from $90.00 to $91.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Morgan Stanley restated an “outperform” rating on shares of Southern in a research report on Thursday, August 21st. Raymond James Financial initiated coverage on Southern in a research report on Friday, June 13th. They set an “outperform” rating and a $98.00 target price on the stock. Finally, JPMorgan Chase & Co. upped their target price on Southern from $97.00 to $98.00 and gave the company a “neutral” rating in a research report on Thursday, August 21st. Five research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Southern presently has an average rating of “Hold” and an average price target of $94.92.

Insider Activity at Southern

In related news, CEO Kimberly S. Greene sold 13,158 shares of the stock in a transaction that occurred on 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 sale, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.16% of the company’s stock.

About Southern

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.