Olistico Wealth LLC Acquires 200 Shares of Southern Company (The) $SO

Olistico Wealth LLC increased its stake in Southern Company (The) (NYSE:SO) by 27.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 922 shares of the utilities provider’s stock after acquiring an additional 200 shares during the quarter. Olistico Wealth LLC’s holdings in Southern were worth $85,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Southern by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 104,210,177 shares of the utilities provider’s stock worth $9,582,126,000 after purchasing an additional 1,419,724 shares in the last quarter. Northern Trust Corp raised its stake in Southern by 1.0% during the 1st quarter. Northern Trust Corp now owns 10,912,663 shares of the utilities provider’s stock worth $1,003,419,000 after buying an additional 107,394 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in 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 worth $614,297,000 after acquiring an additional 81,066 shares in the last quarter. Nuveen LLC acquired a new stake in Southern in the first quarter valued at approximately $510,229,000. Finally, Federated Hermes Inc. grew its stake in Southern by 4.1% in the first quarter. Federated Hermes Inc. now owns 3,046,293 shares of the utilities provider’s stock valued at $280,107,000 after acquiring an additional 120,816 shares during the period. 64.10% of the stock is owned by institutional investors.

Southern Stock Performance

SO stock opened at $94.56 on Friday. 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 firm has a market cap of $104.02 billion, a PE ratio of 24.31, a P/E/G ratio of 3.27 and a beta of 0.43. The business has a 50 day moving average of $93.45 and a 200-day moving average of $91.47. Southern Company has a 12-month low of $80.46 and a 12-month high of $96.44.

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). The business had revenue of $6.97 billion during the quarter, compared to analysts’ expectations of $6.70 billion. Southern had a return on equity of 12.09% and a net margin of 15.10%.The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.10 EPS. Southern has set its Q3 2025 guidance at 1.500-1.500 EPS. FY 2025 guidance at 4.200-4.300 EPS. As a group, sell-side analysts expect that Southern Company will post 4.29 earnings per share for the current year.

Southern Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 8th. Stockholders of record on Monday, August 18th were paid a dividend of $0.74 per share. The ex-dividend date was Monday, August 18th. This represents a $2.96 annualized dividend and a dividend yield of 3.1%. Southern’s dividend payout ratio (DPR) is presently 76.09%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SO. Mizuho increased their target price on Southern from $93.00 to $95.00 and gave the stock a “neutral” rating in a report on Friday, August 1st. JPMorgan Chase & Co. lifted their price objective on shares of Southern from $97.00 to $98.00 and gave the company a “neutral” rating in a report on Thursday, August 21st. Scotiabank reissued a “sector perform” rating and set a $99.00 target price on shares of Southern in a research report on Friday. Morgan Stanley dropped their price target on shares of Southern from $94.00 to $92.00 and set an “equal weight” rating on the stock in a research report on Thursday, September 25th. Finally, Raymond James Financial assumed coverage on Southern in a research note on Friday, June 13th. They set an “outperform” rating and a $98.00 price target for the company. Four 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $95.08.

Insider Activity 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 stock was sold at an average price of $95.00, for a total value 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 $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 SEC, which is available through this link. Company insiders own 0.16% of the company’s stock.

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.