Yeomans Consulting Group Inc. Has $808,000 Stock Position in Southern Company (The) $SO

Yeomans Consulting Group Inc. cut its holdings in shares of Southern Company (The) (NYSE:SO) by 4.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,753 shares of the utilities provider’s stock after selling 455 shares during the period. Yeomans Consulting Group Inc.’s holdings in Southern were worth $808,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of SO. Nuveen LLC acquired a new position in Southern in the first quarter valued at approximately $510,229,000. Vanguard Group Inc. lifted its stake in shares of Southern by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 104,210,177 shares of the utilities provider’s stock valued at $9,582,126,000 after purchasing an additional 1,419,724 shares during the period. Adage Capital Partners GP L.L.C. boosted its position in shares of Southern by 125.4% in the 1st quarter. Adage Capital Partners GP L.L.C. now owns 1,349,200 shares of the utilities provider’s stock worth $124,059,000 after purchasing an additional 750,500 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Southern by 2,780.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 700,628 shares of the utilities provider’s stock worth $64,423,000 after purchasing an additional 676,302 shares during the last quarter. Finally, Jennison Associates LLC grew its stake in shares of Southern by 40.5% during the first quarter. Jennison Associates LLC now owns 2,161,929 shares of the utilities provider’s stock worth $198,789,000 after purchasing an additional 623,417 shares during the period. Institutional investors and hedge funds own 64.10% of the company’s stock.

Southern Stock Performance

SO opened at $93.84 on Friday. The company has a market capitalization of $103.23 billion, a price-to-earnings ratio of 24.12, a P/E/G ratio of 3.28 and a beta of 0.43. The business’s 50-day moving average price is $93.47 and its two-hundred day moving average price is $91.43. Southern Company has a 1 year low of $80.46 and a 1 year 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.

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 firm 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 company earned $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. Equities 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. Stockholders of record on Monday, August 18th were issued a $0.74 dividend. The ex-dividend date was Monday, August 18th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 3.2%. Southern’s dividend payout ratio (DPR) is 76.09%.

Insider Activity at Southern

In related news, CEO Kimberly S. Greene sold 13,158 shares of the stock in a transaction 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 completion of the transaction, the chief executive officer owned 93,661 shares in the company, valued at approximately $8,897,795. This represents a 12.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.16% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

SO has been the topic of several analyst reports. JPMorgan Chase & Co. increased their target price on Southern from $97.00 to $98.00 and gave the company a “neutral” rating in a research note on Thursday, August 21st. Scotiabank increased their price target on shares of Southern from $98.00 to $99.00 and gave the company a “sector outperform” rating in a research report on Friday, August 1st. Raymond James Financial started coverage on shares of Southern in a report on Friday, June 13th. They set an “outperform” rating and a $98.00 price objective for the company. Mizuho upped 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. Finally, Barclays lifted their price target 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. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Southern currently has an average rating of “Hold” and a consensus target price of $95.08.

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.