Calamos Advisors LLC Acquires 197,008 Shares of Southern Company (The) $SO

Calamos Advisors LLC bought a new position in Southern Company (The) (NYSE:SO) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 197,008 shares of the utilities provider’s stock, valued at approximately $16,330,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Claro Advisors Inc. raised its holdings in Southern by 9.1% in the third quarter. Claro Advisors Inc. now owns 10,900 shares of the utilities provider’s stock valued at $903,000 after buying an additional 913 shares during the period. REAP Financial Group LLC lifted its position in Southern by 14.3% during the third quarter. REAP Financial Group LLC now owns 2,475 shares of the utilities provider’s stock valued at $205,000 after buying an additional 310 shares in the last quarter. Telos Capital Management Inc. grew its stake in Southern by 0.4% during the third quarter. Telos Capital Management Inc. now owns 72,813 shares of the utilities provider’s stock worth $6,035,000 after buying an additional 302 shares during the period. Platform Technology Partners grew its stake in Southern by 59.4% during the third quarter. Platform Technology Partners now owns 6,546 shares of the utilities provider’s stock worth $543,000 after buying an additional 2,439 shares during the period. Finally, Capstone Wealth Management LLC grew its stake in Southern by 12.1% during the third quarter. Capstone Wealth Management LLC now owns 8,816 shares of the utilities provider’s stock worth $731,000 after buying an additional 949 shares during the period. Institutional investors and hedge funds own 64.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SO. Morgan Stanley cut their target price on shares of Southern from $85.00 to $84.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 21st. Jefferies Financial Group reduced their target price on shares of Southern from $96.00 to $95.00 and set a “hold” rating on the stock in a report on Tuesday, October 20th. Wall Street Zen cut shares of Southern from a “hold” rating to a “sell” rating in a research report on Saturday. The Goldman Sachs Group decreased their price target on shares of Southern from $103.00 to $101.00 in a research report on Thursday, October 15th. Finally, Royal Bank Of Canada lowered their price target on Southern from $101.00 to $98.00 in a report on Monday, October 26th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $97.24.

Southern Stock Performance

Southern stock opened at $92.16 on Friday. The stock’s 50 day moving average price is $88.16 and its 200 day moving average price is $92.48. The firm has a market capitalization of $106.02 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 2.43 and a beta of 0.30. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.59 and a current ratio of 0.84. Southern Company has a one year low of $81.69 and a one year high of $99.58.

Southern (NYSE:SO) last issued its quarterly earnings data on Thursday, November 5th. The utilities provider reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.23. Southern had a net margin of 16.00% and a return on equity of 13.57%. The company had revenue of $8.84 billion during the quarter, compared to the consensus estimate of $8.38 billion. During the same quarter last year, the company earned $1.54 earnings per share. Southern’s revenue for the quarter was up 13.0% on a year-over-year basis. As a group, sell-side analysts expect that Southern Company will post 4.70 EPS for the current fiscal year.

Southern Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 7th. Stockholders of record on Monday, November 16th will be paid a $0.76 dividend. The ex-dividend date is Monday, November 16th. This represents a $3.04 annualized dividend and a dividend yield of 3.3%. Southern’s dividend payout ratio is 69.25%.

Key Stories Impacting Southern

Here are the key news stories impacting Southern this week:

• Positive Sentiment: Third-quarter adjusted EPS of $1.94 beat the $1.71 consensus estimate, while revenue rose 13% year over year to $8.84 billion, also ahead of expectations. The company’s earnings release reported $1.77 per share on its stated basis, compared with $1.55 a year earlier. Article: Southern Co. Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management highlighted surging data-center demand and 21 GW of large-load contracts. Its 2026 EPS guidance of $4.70 is above the $4.59 consensus, and 2028 guidance of $5.25–$5.45 spans from consensus to above it—supporting the longer-term growth outlook. Article: Southern Q3 Earnings Call Highlights Growth and Capital Upside
• Neutral Sentiment: A potential $100 billion capital plan could enable investment to serve rising electricity demand, but its eventual scale and funding needs remain considerations for investors. Article: Southern Q3 Earnings Call Highlights Growth and Capital Upside
• Negative Sentiment: Fourth-quarter 2026 EPS guidance of $0.30 is below analysts’ $0.44 estimate. That near-term shortfall may temper the positive reaction to the quarterly beat and full-year guidance. Article: Southern Company Q3 Earnings Report

Southern Company Profile

Southern Company is an energy holding company based in Atlanta, Georgia. Through its subsidiaries, it generates, transmits and distributes electricity and provides natural gas service, primarily across the southeastern United States.

Its electric utility businesses include Alabama Power, Georgia Power and Mississippi Power, which serve customers in their respective states. Southern Company also owns Southern Power, which develops and operates wholesale power generation assets, and Southern Company Gas, whose businesses distribute natural gas to customers in several states.

Formed in 1945, Southern Company has grown from a regional electric utility holding company into a diversified energy provider.