Callan Family Office LLC Has $3.69 Million Stock Position in Southern Company (The) $SO

Callan Family Office LLC raised its position in shares of Southern Company (The) (NYSE:SO - Free Report) by 203.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,147 shares of the utilities provider's stock after purchasing an additional 26,899 shares during the period. Callan Family Office LLC's holdings in Southern were worth $3,687,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Ameriflex Group Inc. raised 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 purchasing an additional 220 shares in the last quarter. Cheviot Value Management LLC acquired a new position in Southern during the first quarter valued at approximately $28,000. Financial Connections Group Inc. acquired a new position in Southern during the first quarter valued at approximately $33,000. Accredited Wealth Management LLC acquired a new position in Southern during the first quarter valued at approximately $36,000. Finally, Rossby Financial LCC bought a new stake in shares of Southern during the first quarter worth $39,000. 64.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on SO. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Southern in a research note on Wednesday. Barclays boosted their target price on shares of Southern from $90.00 to $91.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 16th. Mizuho boosted their target price on shares of Southern from $93.00 to $95.00 and gave the stock a "neutral" rating in a research note on Friday, August 1st. BMO Capital Markets boosted their target price on shares of Southern from $98.00 to $102.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 22nd. Finally, Evercore ISI began coverage on shares of Southern in a research note on Monday. They set an "in-line" rating and a $103.00 target price on the stock. Four equities 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's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $96.31.

Southern Stock Performance

Shares of Southern stock opened at $98.23 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 1.69. Southern Company has a twelve month low of $80.46 and a twelve month high of $98.36. The stock has a market cap of $108.06 billion, a price-to-earnings ratio of 25.25, a P/E/G ratio of 3.32 and a beta of 0.43. The company's fifty day moving average is $93.62 and its 200 day moving average is $91.71.

Southern (NYSE:SO - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.91 earnings per share 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 business had revenue of $6.97 billion during the quarter, compared to the consensus estimate of $6.70 billion. During the same period in the prior year, the firm earned $1.10 EPS. The business'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. Sell-side analysts forecast that Southern Company will post 4.29 EPS for the current year.

Southern Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 8th. Investors of record on Monday, August 18th were issued a $0.74 dividend. The ex-dividend date was Monday, August 18th. This represents a $2.96 annualized dividend and a yield of 3.0%. Southern's payout ratio is presently 76.09%.

Insider Transactions at Southern

In related news, CEO Kimberly S. Greene sold 13,158 shares of the business's stock in a transaction on Monday, July 21st. The shares were sold at an average price of $95.00, for a total value of $1,250,010.00. Following the transaction, the chief executive officer owned 93,661 shares in the company, valued at $8,897,795. The trade was a 12.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is currently owned by insiders.

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.

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