Capital Advisors Inc. OK Has $85.27 Million Holdings in Southern Company (The) $SO

Key Points

• Capital Advisors Inc. OK has increased its holdings in Southern Company (NYSE: SO) by 1.9%, now owning $85.27 million worth of shares, making it the fund's 12th largest holding.
• Several other institutional investors made significant adjustments to their positions in Southern Company, with notable increases such as Intech Investment Management LLC raising its stake by 35.8%.
• Southern Company recently reported a quarterly earnings miss, with $0.91 earnings per share against expectations of $0.99, while also announcing a quarterly dividend of $0.74 per share.

Capital Advisors Inc. OK increased its holdings in Southern Company (The) (NYSE:SO - Free Report) by 1.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 928,504 shares of the utilities provider's stock after acquiring an additional 16,878 shares during the period. Southern comprises 1.5% of Capital Advisors Inc. OK's investment portfolio, making the stock its 12th biggest holding. Capital Advisors Inc. OK owned 0.08% of Southern worth $85,265,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Intech Investment Management LLC raised its holdings in shares of Southern by 35.8% in the 1st quarter. Intech Investment Management LLC now owns 116,059 shares of the utilities provider's stock worth $10,672,000 after acquiring an additional 30,618 shares during the last quarter. Klein Pavlis & Peasley Financial Inc. purchased a new stake in Southern in the 2nd quarter valued at about $2,352,000. Investors Research Corp increased its stake in Southern by 1,982.6% in the 2nd quarter. Investors Research Corp now owns 5,623 shares of the utilities provider's stock valued at $516,000 after buying an additional 5,353 shares during the last quarter. Czech National Bank increased its stake in Southern by 6.8% in the 2nd quarter. Czech National Bank now owns 268,648 shares of the utilities provider's stock valued at $24,670,000 after buying an additional 17,111 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in Southern by 23.2% in the 1st quarter. GAMMA Investing LLC now owns 21,253 shares of the utilities provider's stock valued at $1,954,000 after buying an additional 4,005 shares during the last quarter. Institutional investors and hedge funds own 64.10% of the company's stock.

Insiders Place Their Bets

In other news, CEO Kimberly S. Greene sold 13,158 shares of the company's stock in a transaction dated 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 sale, the chief executive officer directly owned 93,661 shares in the company, valued at $8,897,795. This represents a 12.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.16% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on SO shares. Scotiabank reiterated a "sector perform" rating and issued a $99.00 price objective on shares of Southern in a research note on Friday. Weiss Ratings reiterated a "buy (b)" rating on shares of Southern in a research note on Saturday, September 27th. JPMorgan Chase & Co. increased their price objective on shares of Southern from $97.00 to $98.00 and gave the company a "neutral" rating in a research note on Thursday, August 21st. BMO Capital Markets increased their price objective on shares of Southern from $98.00 to $102.00 and gave the company an "outperform" rating in a research note on Tuesday, July 22nd. Finally, Mizuho increased their target price on shares of Southern from $93.00 to $95.00 and gave the company a "neutral" rating in a research report on Friday, August 1st. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Southern currently has a consensus rating of "Hold" and a consensus target price of $95.08.

Southern Stock Up 0.7%

Southern stock opened at $94.56 on Monday. Southern Company has a twelve month low of $80.46 and a twelve month high of $96.44. The firm has a 50 day moving average price of $93.45 and a 200-day moving average price of $91.48. The company has a market capitalization 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 company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 1.69.

Southern (NYSE:SO - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $6.70 billion. During the same quarter in the prior year, the firm posted $1.10 earnings per share. The firm's quarterly revenue was up 7.9% on a year-over-year basis. Southern has set its Q3 2025 guidance at 1.500-1.500 EPS. FY 2025 guidance at 4.200-4.300 EPS. As a group, equities analysts predict that Southern Company will post 4.29 EPS for the current year.

Southern Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 8th. Stockholders of record on Monday, August 18th were given a $0.74 dividend. The ex-dividend date was Monday, August 18th. This represents a $2.96 annualized dividend and a dividend yield of 3.1%. Southern's payout ratio is 76.09%.

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.

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