Southern Company (The) $SO Shares Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp increased its position in shares of Southern Company (The) (NYSE:SO) by 29.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,628 shares of the utilities provider’s stock after purchasing an additional 11,448 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Southern were worth $4,887,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Van Diest Capital LLC raised its stake in shares of Southern by 15.9% in the 1st quarter. Van Diest Capital LLC now owns 3,066 shares of the utilities provider’s stock worth $296,000 after buying an additional 420 shares in the last quarter. Waverly Advisors LLC boosted its stake in Southern by 0.3% during the first quarter. Waverly Advisors LLC now owns 335,427 shares of the utilities provider’s stock valued at $32,375,000 after buying an additional 1,070 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Southern by 58.9% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 69,159 shares of the utilities provider’s stock valued at $6,675,000 after buying an additional 25,631 shares in the last quarter. Bollard Group LLC grew its holdings in Southern by 5.6% during the first quarter. Bollard Group LLC now owns 340,141 shares of the utilities provider’s stock worth $32,830,000 after acquiring an additional 18,101 shares during the period. Finally, GC Wealth Management RIA LLC grew its holdings in Southern by 13.8% during the first quarter. GC Wealth Management RIA LLC now owns 11,385 shares of the utilities provider’s stock worth $1,099,000 after acquiring an additional 1,381 shares during the period. 64.10% of the stock is currently owned by institutional investors and hedge funds.

Southern News Roundup

Here are the key news stories impacting Southern this week:

• Positive Sentiment: Southern’s Georgia Power subsidiary signed a long-term power agreement with OpenAI, which could support future electricity demand and reinforce the company’s role in powering AI data center growth. Article Title
• Positive Sentiment: The company announced it is joining President Trump’s Ratepayer Protection Pledge, highlighting a customer-first approach focused on rate stability, grid reliability, and responsible growth. Article Title
• Positive Sentiment: Some analysts remain constructive on near-term earnings, with Zacks saying Southern may have the right setup to beat upcoming results. Article Title
• Neutral Sentiment: KeyCorp raised its Q4 2026 EPS estimate to $0.60 from $0.55, but kept an Underweight rating and a $79 price target, so the update is mixed despite the higher forecast. Article Title
• Negative Sentiment: KeyCorp also trimmed estimates for Southern’s Q3 2026, FY2028, FY2029, and FY2030 earnings, which may weigh on sentiment even though the changes were modest. Article Title

Southern Trading Up 0.0%

NYSE:SO opened at $97.29 on Monday. The stock has a fifty day simple moving average of $94.44 and a 200 day simple moving average of $93.74. The firm has a market capitalization of $109.67 billion, a price-to-earnings ratio of 24.76, a price-to-earnings-growth ratio of 1.90 and a beta of 0.34. Southern Company has a 1-year low of $83.80 and a 1-year high of $100.83. The company has a quick ratio of 0.45, a current ratio of 0.65 and a debt-to-equity ratio of 1.68.

Southern (NYSE:SO) last posted its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.11. Southern had a return on equity of 12.64% and a net margin of 14.46%.The firm had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.07 billion. During the same quarter in the previous year, the company earned $1.23 EPS. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. Sell-side analysts forecast that Southern Company will post 4.58 earnings per share for the current year.

Southern Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 17th will be issued a dividend of $0.76 per share. The ex-dividend date is Monday, August 17th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 3.1%. Southern’s payout ratio is currently 77.35%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SO. Barclays cut their price target on shares of Southern from $99.00 to $98.00 and set an “equal weight” rating for the company in a report on Thursday, June 18th. Raymond James Financial reaffirmed an “outperform” rating and issued a $104.00 price objective on shares of Southern in a research note on Friday, May 1st. Citigroup reiterated a “buy” rating on shares of Southern in a report on Friday, April 10th. Weiss Ratings upgraded shares of Southern from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Finally, Morgan Stanley restated an “underweight” rating on shares of Southern in a research report on Wednesday. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $100.09.

Southern Profile

Southern Company (NYSE: SO) is an Atlanta-based energy holding company that provides electric and gas utility services and owns power generation assets across the United States. Founded in 1945, the company operates a portfolio of regulated electric utilities and affiliated businesses that generate, transmit and distribute electricity to residential, commercial and industrial customers.

Southern’s principal regulated electric subsidiaries include Georgia Power, Alabama Power and Mississippi Power, which serve large portions of the southeastern United States.