Alamea Verwaltungs GmbH Makes New Investment in Southern Company (The) $SO

Key Points

• Alamea Verwaltungs GmbH purchased 6,146 shares of Southern Company (NYSE: SO), valued at approximately $565,000, marking a new investment in the utility provider.
• Southern Company reported $0.91 EPS for the quarter, missing analysts' estimates of $0.99, while its revenue increased by 7.9% year-over-year.
• The company declared a quarterly dividend of $0.74, with an annualized yield of 3.2%, set to be paid on September 8th.

Alamea Verwaltungs GmbH purchased a new stake in Southern Company (The) (NYSE:SO - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 6,146 shares of the utilities provider's stock, valued at approximately $565,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Miracle Mile Advisors LLC raised its stake in Southern by 0.7% in the first quarter. Miracle Mile Advisors LLC now owns 15,928 shares of the utilities provider's stock valued at $1,465,000 after buying an additional 110 shares during the last quarter. Keudell Morrison Wealth Management raised its stake in Southern by 1.1% in the first quarter. Keudell Morrison Wealth Management now owns 10,032 shares of the utilities provider's stock valued at $922,000 after buying an additional 110 shares during the last quarter. West Branch Capital LLC increased its holdings in shares of Southern by 23.0% in the first quarter. West Branch Capital LLC now owns 616 shares of the utilities provider's stock valued at $57,000 after purchasing an additional 115 shares during the period. PFW Advisors LLC increased its holdings in shares of Southern by 1.9% in the first quarter. PFW Advisors LLC now owns 6,114 shares of the utilities provider's stock valued at $562,000 after purchasing an additional 116 shares during the period. Finally, McGlone Suttner Wealth Management Inc. increased its holdings in shares of Southern by 1.4% in the first quarter. McGlone Suttner Wealth Management Inc. now owns 8,565 shares of the utilities provider's stock valued at $788,000 after purchasing an additional 116 shares during the period. 64.10% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SO has been the topic of a number of research reports. Barclays increased their price objective on Southern from $90.00 to $91.00 and gave the company an "equal weight" rating in a report on Wednesday, July 16th. Wall Street Zen lowered Southern from a "hold" rating to a "sell" rating in a report on Saturday, August 2nd. JPMorgan Chase & Co. increased their price objective on Southern from $97.00 to $98.00 and gave the company a "neutral" rating in a report on Thursday, August 21st. Raymond James Financial initiated coverage on Southern in a report on Friday, June 13th. They issued an "outperform" rating and a $98.00 price objective on the stock. Finally, KeyCorp lowered Southern from a "sector weight" rating to an "underweight" rating and set a $78.00 price objective on the stock. in a report on Wednesday, May 14th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Southern has a consensus rating of "Hold" and a consensus price target of $94.92.

Southern Stock Performance

Southern stock traded up $0.21 during midday trading on Thursday, hitting $91.87. 3,430,553 shares of the company were exchanged, compared to its average volume of 5,079,560. The firm has a market capitalization of $101.06 billion, a PE ratio of 23.62, a price-to-earnings-growth ratio of 3.19 and a beta of 0.41. Southern Company has a fifty-two week low of $80.46 and a fifty-two week high of $96.44. The business has a fifty day simple moving average of $93.46 and a two-hundred day simple moving average of $90.91. 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 - Get Free Report) last posted its earnings results 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 company had revenue of $6.97 billion for the quarter, compared to analyst estimates of $6.70 billion. Southern had a return on equity of 12.09% and a net margin of 15.10%.The firm's revenue was up 7.9% on a year-over-year basis. During the same period last year, the business earned $1.10 earnings per share. 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 forecast that Southern Company will post 4.29 earnings per share for the current year.

Southern Dividend Announcement

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 issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Monday, August 18th. Southern's dividend payout ratio (DPR) is 76.09%.

Insider Transactions at Southern

In other Southern news, CEO Kimberly S. Greene sold 13,158 shares of the 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.16% of the company's stock.

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.