Insight Inv LLC Sells 185 Shares of Southern Company (The) $SO

Insight Inv LLC lessened its holdings in Southern Company (The) (NYSE:SO) by 2.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,845 shares of the utilities provider’s stock after selling 185 shares during the period. Insight Inv LLC’s holdings in Southern were worth $812,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in SO. Ameriflex Group Inc. increased its position in Southern by 275.0% during the 2nd quarter. Ameriflex Group Inc. now owns 300 shares of the utilities provider’s stock worth $27,000 after buying an additional 220 shares during the period. Cheviot Value Management LLC bought a new position in Southern during the 1st quarter worth $28,000. Financial Connections Group Inc. bought a new position in Southern during the 1st quarter worth $33,000. Accredited Wealth Management LLC bought a new position in Southern during the 1st quarter worth $36,000. Finally, Saudi Central Bank bought a new position in Southern during the 1st quarter worth $40,000. Institutional investors own 64.10% of the company’s stock.

Insider Activity at Southern

In other news, CEO Kimberly S. Greene sold 13,158 shares of Southern 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 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 document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

SO has been the topic of several recent research reports. Evercore ISI assumed coverage on Southern in a research report on Monday. They set an “in-line” rating and a $103.00 price objective on the stock. Barclays raised their price target on Southern from $90.00 to $91.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 16th. Mizuho raised their price target on Southern from $93.00 to $95.00 and gave the stock a “neutral” rating in a research report on Friday, August 1st. JPMorgan Chase & Co. raised 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. Finally, Wall Street Zen cut Southern from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $95.77.

Southern Stock Performance

NYSE:SO opened at $96.17 on Thursday. The stock’s 50-day simple moving average is $93.52 and its 200 day simple moving average is $91.59. The firm has a market capitalization of $105.79 billion, a PE ratio of 24.72, a price-to-earnings-growth ratio of 3.33 and a beta of 0.43. The company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 1.69. Southern Company has a twelve month low of $80.46 and a twelve month high of $96.79.

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 the consensus estimate of $0.99 by ($0.08). The business had revenue of $6.97 billion during the quarter, compared to analyst estimates of $6.70 billion. Southern had a net margin of 15.10% and a return on equity of 12.09%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the business earned $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. On average, analysts anticipate that Southern Company will post 4.29 EPS for the current fiscal year.

Southern Dividend Announcement

The company 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. 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 presently 76.09%.

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.