Southern Company (The) $SO Stock Holdings Trimmed by Alpine Woods Capital Investors LLC

Alpine Woods Capital Investors LLC lowered its holdings in shares of Southern Company (The) (NYSE:SO) by 2.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,045 shares of the utilities provider’s stock after selling 1,579 shares during the period. Southern makes up 1.3% of Alpine Woods Capital Investors LLC’s holdings, making the stock its 24th largest position. Alpine Woods Capital Investors LLC’s holdings in Southern were worth $5,606,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Keudell Morrison Wealth Management raised its stake in shares of Southern by 1.1% in the 1st quarter. Keudell Morrison Wealth Management now owns 10,032 shares of the utilities provider’s stock worth $922,000 after buying an additional 110 shares in the last quarter. McGlone Suttner Wealth Management Inc. raised its stake in shares of Southern by 1.4% in the 1st quarter. McGlone Suttner Wealth Management Inc. now owns 8,565 shares of the utilities provider’s stock worth $788,000 after buying an additional 116 shares in the last quarter. KPP Advisory Services LLC raised its stake in shares of Southern by 1.0% in the 2nd quarter. KPP Advisory Services LLC now owns 11,392 shares of the utilities provider’s stock worth $1,046,000 after buying an additional 117 shares in the last quarter. MBE Wealth Management LLC raised its stake 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 worth $260,000 after buying an additional 118 shares in the last quarter. Finally, Coastal Bridge Advisors LLC raised its stake in shares of Southern by 0.4% in the 1st quarter. Coastal Bridge Advisors LLC now owns 32,627 shares of the utilities provider’s stock worth $3,000,000 after buying an additional 119 shares in the last quarter. Institutional investors own 64.10% of the company’s stock.

Insider Buying and Selling at Southern

In other news, CEO Kimberly S. Greene sold 13,158 shares of Southern stock in a transaction 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. The trade was a 12.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.16% of the company’s stock.

Southern Stock Performance

Shares of SO stock opened at $98.15 on Tuesday. Southern Company has a 1-year low of $80.46 and a 1-year high of $98.42. The company has a current ratio of 0.74, a quick ratio of 0.54 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $107.97 billion, a price-to-earnings ratio of 25.23, a P/E/G ratio of 3.40 and a beta of 0.43. The stock’s fifty day simple moving average is $93.67 and its 200-day simple moving average is $91.79.

Southern (NYSE:SO) last issued its quarterly earnings results on Thursday, July 31st. The utilities provider reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.08). Southern had a net margin of 15.10% and a return on equity of 12.09%. The business had revenue of $6.97 billion for the quarter, compared to analysts’ expectations of $6.70 billion. During the same quarter in the prior year, the firm posted $1.10 EPS. The business’s quarterly revenue 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, sell-side analysts predict that Southern Company will post 4.29 earnings per share for the current fiscal year.

Southern Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 8th. Stockholders 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 3.0%. Southern’s payout ratio is currently 76.09%.

Analysts Set New Price Targets

A number of analysts have recently commented on SO shares. Wall Street Zen downgraded Southern from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. UBS Group boosted their target price on Southern from $100.00 to $104.00 and gave the stock a “neutral” rating in a research report on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Southern in a research report on Wednesday, October 8th. Scotiabank reaffirmed a “sector perform” rating and set a $99.00 target price on shares of Southern in a research report on Friday, October 3rd. Finally, Evercore ISI initiated coverage on Southern in a research report on Monday, October 6th. They set an “in-line” rating and a $103.00 target price on the stock. Four 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. Based on data from MarketBeat.com, Southern presently has an average rating of “Hold” and an average target price of $96.31.

Southern Company 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.