Alamea Verwaltungs GmbH Acquires New Shares in Southern Company (The) $SO

Alamea Verwaltungs GmbH acquired a new stake in Southern Company (The) (NYSE:SO) in the first quarter, according to its most recent filing with the SEC. The fund acquired 6,146 shares of the utilities provider’s stock, valued at approximately $565,000.

A number of other hedge funds have also bought and sold shares of SO. Nuveen LLC purchased a new position in Southern in the 1st quarter valued at approximately $510,229,000. GAMMA Investing LLC grew its stake in Southern by 11,230.1% in the 1st quarter. GAMMA Investing LLC now owns 1,954,213 shares of the utilities provider’s stock valued at $179,690,000 after buying an additional 1,936,965 shares in the last quarter. Vanguard Group Inc. grew its stake in 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 buying an additional 1,419,724 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Southern by 23.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,208,872 shares of the utilities provider’s stock valued at $428,794,000 after buying an additional 979,756 shares in the last quarter. Finally, Westwood Holdings Group Inc. grew its stake in Southern by 1,747.3% in the 4th quarter. Westwood Holdings Group Inc. now owns 896,323 shares of the utilities provider’s stock valued at $73,785,000 after buying an additional 847,803 shares in the last quarter. 64.10% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Southern

In related news, CEO Kimberly S. Greene sold 13,158 shares of the company’s stock in a transaction on Monday, July 21st. The shares were sold at an average price of $95.00, for a total value of $1,250,010.00. Following the completion of the transaction, the chief executive officer directly owned 93,661 shares in the company, valued at approximately $8,897,795. The trade was a 12.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on SO shares. Raymond James Financial assumed coverage on shares of Southern in a research note on Friday, June 13th. They issued an “outperform” rating and a $98.00 price objective for the company. BMO Capital Markets boosted their price target on shares of Southern from $98.00 to $102.00 and gave the company an “outperform” rating in a research report on Tuesday, July 22nd. Barclays boosted their price target on shares of Southern from $90.00 to $91.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Mizuho boosted their price target on shares of Southern from $93.00 to $95.00 and gave the company a “neutral” rating in a research report on Friday, August 1st. Finally, Jefferies Financial Group upgraded shares of Southern from a “hold” rating to a “buy” rating and reduced their price target for the company from $102.00 to $100.00 in a research report on Thursday, June 5th. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $94.92.

Southern Stock Up 0.1%

SO opened at $92.34 on Friday. Southern Company has a one year low of $80.46 and a one year high of $96.44. The company has a fifty day moving average price of $93.38 and a 200-day moving average price of $90.83. The firm has a market capitalization of $101.58 billion, a P/E ratio of 23.74, a price-to-earnings-growth ratio of 3.19 and a beta of 0.38. 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 announced its earnings results on Thursday, July 31st. The utilities provider reported $0.91 earnings per share (EPS) 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 company had revenue of $6.97 billion during the quarter, compared to analysts’ expectations of $6.70 billion. During the same quarter last year, the firm posted $1.10 earnings per share. The firm’s 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 research analysts expect that Southern Company will post 4.29 earnings per share for the current fiscal year.

Southern Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 8th. Investors of record on Monday, August 18th will be given a $0.74 dividend. The ex-dividend date is Monday, August 18th. This represents a $2.96 annualized dividend and a yield of 3.2%. Southern’s payout ratio is 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.