Capital Advisors Inc. OK Purchases 16,878 Shares of Southern Company (The) $SO

Capital Advisors Inc. OK boosted its holdings in shares of Southern Company (The) (NYSE:SO) by 1.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 928,504 shares of the utilities provider’s stock after buying an additional 16,878 shares during the period. Southern makes up approximately 1.5% of Capital Advisors Inc. OK’s investment portfolio, making the stock its 12th biggest position. Capital Advisors Inc. OK’s holdings in Southern were worth $85,265,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Intech Investment Management LLC boosted its position in shares of Southern by 35.8% during the 1st quarter. Intech Investment Management LLC now owns 116,059 shares of the utilities provider’s stock valued at $10,672,000 after acquiring an additional 30,618 shares during the last quarter. Klein Pavlis & Peasley Financial Inc. bought a new stake in shares of Southern during the 2nd quarter valued at about $2,352,000. Investors Research Corp boosted its position in shares of Southern by 1,982.6% during the 2nd quarter. Investors Research Corp now owns 5,623 shares of the utilities provider’s stock valued at $516,000 after acquiring an additional 5,353 shares during the last quarter. Czech National Bank boosted its position in shares of Southern by 6.8% during the 2nd quarter. Czech National Bank now owns 268,648 shares of the utilities provider’s stock valued at $24,670,000 after acquiring an additional 17,111 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in shares of Southern by 23.2% during the 1st quarter. GAMMA Investing LLC now owns 21,253 shares of the utilities provider’s stock worth $1,954,000 after acquiring an additional 4,005 shares during the last quarter. 64.10% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on SO. Raymond James Financial began coverage on shares of Southern in a report on Friday, June 13th. They set an “outperform” rating and a $98.00 price objective for the company. JPMorgan Chase & Co. lifted their price objective on shares of Southern from $97.00 to $98.00 and gave the stock a “neutral” rating in a report on Thursday, August 21st. Mizuho lifted their price objective on shares of Southern from $93.00 to $95.00 and gave the stock a “neutral” rating in a report on Friday, August 1st. Scotiabank reaffirmed a “sector perform” rating and set a $99.00 price objective on shares of Southern in a report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Southern in a report on Saturday, September 27th. Four research 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. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $95.08.

Southern Price Performance

Shares of SO stock opened at $94.56 on Monday. The firm has a market cap of $104.01 billion, a P/E ratio of 24.31, a P/E/G ratio of 3.27 and a beta of 0.43. The business’s 50 day moving average price is $93.45 and its 200-day moving average price is $91.48. Southern Company has a fifty-two week low of $80.46 and a fifty-two week high of $96.44. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.54 and a current ratio of 0.74.

Southern (NYSE:SO) last issued its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.91 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 the consensus estimate of $6.70 billion. During the same quarter last year, the company posted $1.10 earnings per share. The firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. Southern has set its Q3 2025 guidance at 1.500-1.500 EPS. FY 2025 guidance at 4.200-4.300 EPS. On average, equities research analysts anticipate that Southern Company will post 4.29 earnings per share for the current year.

Southern Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 8th. Shareholders of record on Monday, August 18th were issued a dividend of $0.74 per share. The ex-dividend date was Monday, August 18th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 3.1%. Southern’s dividend payout ratio is 76.09%.

Insider Buying and Selling at Southern

In other Southern news, CEO Kimberly S. Greene sold 13,158 shares of the company’s 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 transaction, the chief executive officer owned 93,661 shares in the company, valued at approximately $8,897,795. This represents a 12.32% decrease in their position. The transaction 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.

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.