Inman Jager Wealth Management LLC Raises Holdings in Southern Company (The) $SO

Inman Jager Wealth Management LLC boosted its stake in shares of Southern Company (The) (NYSE:SO) by 2.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,171 shares of the utilities provider’s stock after purchasing an additional 485 shares during the quarter. Southern makes up 1.5% of Inman Jager Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding. Inman Jager Wealth Management LLC’s holdings in Southern were worth $2,220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Keudell Morrison Wealth Management increased its holdings in Southern by 1.1% during the 1st quarter. Keudell Morrison Wealth Management now owns 10,032 shares of the utilities provider’s stock worth $922,000 after purchasing an additional 110 shares during the period. West Branch Capital LLC increased its holdings in Southern by 23.0% during the 1st quarter. West Branch Capital LLC now owns 616 shares of the utilities provider’s stock worth $57,000 after purchasing an additional 115 shares during the period. McGlone Suttner Wealth Management Inc. increased its holdings in Southern by 1.4% during the 1st quarter. McGlone Suttner Wealth Management Inc. now owns 8,565 shares of the utilities provider’s stock worth $788,000 after purchasing an additional 116 shares during the period. KPP Advisory Services LLC increased its holdings in Southern by 1.0% during the 2nd quarter. KPP Advisory Services LLC now owns 11,392 shares of the utilities provider’s stock worth $1,046,000 after purchasing an additional 117 shares during the period. Finally, MBE Wealth Management LLC increased its holdings in shares of Southern by 4.4% in the 1st quarter. MBE Wealth Management LLC now owns 2,827 shares of the utilities provider’s stock valued at $260,000 after acquiring an additional 118 shares during the last quarter. Hedge funds and other institutional investors own 64.10% of the company’s stock.

Insiders Place Their Bets

In other Southern 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.16% of the company’s stock.

Southern Trading Up 2.2%

NYSE:SO opened at $98.23 on Friday. The stock’s 50 day moving average price is $93.62 and its 200 day moving average price is $91.73. The company has a market capitalization of $108.06 billion, a PE ratio of 25.25, a P/E/G ratio of 3.40 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 52-week low of $80.46 and a 52-week high of $98.36.

Southern (NYSE:SO) last released its quarterly earnings results on Thursday, July 31st. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.08). The firm had revenue of $6.97 billion for 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 company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. On average, research analysts anticipate that Southern Company will post 4.29 EPS for the current year.

Southern Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 8th. Shareholders 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 yield of 3.0%. The ex-dividend date of this dividend was Monday, August 18th. Southern’s dividend payout ratio (DPR) is presently 76.09%.

Wall Street Analyst Weigh In

SO has been the topic of a number of recent analyst reports. UBS Group increased their price objective on Southern from $100.00 to $104.00 and gave the company a “neutral” rating in a report on Friday. BMO Capital Markets increased their price objective on Southern from $98.00 to $102.00 and gave the company an “outperform” rating in a report on Tuesday, July 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Southern in a report on Wednesday. Barclays increased their price objective on Southern from $90.00 to $91.00 and gave the company an “equal weight” rating in a report on Wednesday, July 16th. Finally, Scotiabank reiterated a “sector perform” rating and issued a $99.00 price objective on shares of Southern in a report on Friday, October 3rd. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Southern presently has an average rating of “Hold” and an average price target of $96.31.

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.