4,638 Shares in Southern Company (The) $SO Bought by Caliber Wealth Management LLC KS

Caliber Wealth Management LLC KS purchased a new stake in shares of Southern Company (The) (NYSE:SO - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,638 shares of the utilities provider's stock, valued at approximately $426,000.

Other institutional investors have also bought and sold shares of the company. Ameriflex Group Inc. boosted its position in Southern by 275.0% during the second quarter. Ameriflex Group Inc. now owns 300 shares of the utilities provider's stock valued at $27,000 after acquiring an additional 220 shares during the last quarter. Cheviot Value Management LLC bought a new stake in Southern during the first quarter valued at $28,000. Advantage Trust Co boosted its position in Southern by 1,428.6% during the second quarter. Advantage Trust Co now owns 321 shares of the utilities provider's stock valued at $29,000 after acquiring an additional 300 shares during the last quarter. Financial Connections Group Inc. bought a new position in shares of Southern during the 1st quarter worth about $33,000. Finally, Accredited Wealth Management LLC bought a new position in shares of Southern during the 1st quarter worth about $36,000. Institutional investors own 64.10% of the company's stock.

Southern Trading Up 0.5%

NYSE:SO opened at $97.47 on Thursday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.54 and a current ratio of 0.74. The firm has a market cap of $107.22 billion, a price-to-earnings ratio of 25.06, a price-to-earnings-growth ratio of 3.43 and a beta of 0.43. Southern Company has a 52 week low of $80.46 and a 52 week high of $100.83. The firm has a 50-day moving average price of $94.18 and a two-hundred day moving average price of $92.12.

Southern (NYSE:SO - Get Free Report) last posted 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). The firm had revenue of $6.97 billion during the quarter, compared to analysts' expectations of $6.70 billion. Southern had a net margin of 15.10% and a return on equity of 12.09%. The company's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the business posted $1.10 EPS. 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 analysts expect that Southern Company will post 4.29 earnings per share for the current fiscal year.

Southern Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 8th. Shareholders of record on Monday, November 17th will be paid a $0.74 dividend. The ex-dividend date is Monday, November 17th. This represents a $2.96 annualized dividend and a yield of 3.0%. Southern's dividend payout ratio (DPR) is 76.09%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on SO shares. KeyCorp increased their price objective on shares of Southern from $78.00 to $87.00 and gave the stock an "underweight" rating in a research report on Wednesday, October 15th. LADENBURG THALM/SH SH reissued a "neutral" rating and set a $102.50 price objective (up previously from $99.50) on shares of Southern in a research report on Friday, October 17th. UBS Group increased their price objective on shares of Southern from $100.00 to $104.00 and gave the stock a "neutral" rating in a research report on Friday, October 10th. Wall Street Zen cut shares of Southern from a "hold" rating to a "sell" rating in a research report on Saturday, August 2nd. Finally, Morgan Stanley reaffirmed an "outperform" rating and issued a $99.00 price target on shares of Southern in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $99.30.

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.

Want to see what other hedge funds are holding SO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Southern Company (The) (NYSE:SO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.