FCG Investment Co Has $302,000 Position in Southern Company (The) $SO

Key Points

• FCG Investment Co has reduced its position in Southern Company by 59.9%, currently holding 3,292 shares valued at $302,000.
• Wall Street analysts have mixed ratings for Southern Company, with four analysts issuing a "Buy" rating and one a "Sell," while the average price target stands at $95.08.
• Southern Company's recent quarterly earnings showed a miss on EPS estimates at $0.91, despite revenues growing 7.9% year-over-year to $6.97 billion.

FCG Investment Co cut its position in shares of Southern Company (The) (NYSE:SO - Free Report) by 59.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,292 shares of the utilities provider's stock after selling 4,914 shares during the quarter. FCG Investment Co's holdings in Southern were worth $302,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Investors Research Corp grew its holdings in shares of Southern by 400.0% in the 1st quarter. Investors Research Corp now owns 270 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 216 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 bought a new position in Southern in the first quarter valued at approximately $36,000. Finally, Rossby Financial LCC acquired a new position in shares of Southern during the 1st quarter worth approximately $39,000. Institutional investors and hedge funds own 64.10% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on SO shares. JPMorgan Chase & Co. raised their target price 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. Jefferies Financial Group upgraded shares of Southern from a "hold" rating to a "buy" rating and cut their price target for the company from $102.00 to $100.00 in a research note on Thursday, June 5th. Wall Street Zen lowered shares of Southern from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. Raymond James Financial began coverage on shares of Southern in a report on Friday, June 13th. They issued an "outperform" rating and a $98.00 target price on the stock. Finally, Mizuho raised their target price on shares of Southern from $93.00 to $95.00 and gave the company a "neutral" rating in a research note on Friday, August 1st. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $95.08.

Insider Buying and Selling at Southern

In other news, CEO Kimberly S. Greene sold 13,158 shares of the 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 sale, the chief executive officer directly owned 93,661 shares of the company's stock, valued at approximately $8,897,795. This represents a 12.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.16% of the company's stock.

Southern Trading Down 0.7%

Shares of Southern stock opened at $93.77 on Friday. 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 50-day moving average of $93.53 and a 200-day moving average of $91.27. Southern Company has a 52-week low of $80.46 and a 52-week high of $96.44. The stock has a market cap of $103.15 billion, a PE ratio of 24.11, a PEG ratio of 3.26 and a beta of 0.41.

Southern (NYSE:SO - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The utilities provider reported $0.91 EPS for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $6.70 billion. During the same period in the prior year, the business posted $1.10 earnings per share. Southern's 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. As a group, sell-side analysts forecast that Southern Company will post 4.29 EPS for the current year.

Southern Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 8th. Shareholders of record on Monday, August 18th were issued a $0.74 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $2.96 annualized dividend and a yield of 3.2%. Southern's payout ratio is currently 76.09%.

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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