GC Wealth Management RIA LLC Raises Stock Holdings in Southern Company (The) $SO

Key Points

• GC Wealth Management RIA LLC increased its stake in Southern Company by 425.7%, acquiring a total of 13,290 shares valued at approximately $1.22 million as of the end of the last quarter.
• Recently, Southern Company reported $0.91 EPS for its last quarter, missing consensus estimates, despite a 7.9% increase in revenue year-over-year, totaling $6.97 billion.
• The firm announced a quarterly dividend of $0.74 per share, reflecting a 3.2% yield and a payout ratio of 76.09%.

GC Wealth Management RIA LLC increased its holdings in shares of Southern Company (The) (NYSE:SO - Free Report) by 425.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 13,290 shares of the utilities provider's stock after acquiring an additional 10,762 shares during the period. GC Wealth Management RIA LLC's holdings in Southern were worth $1,220,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Cheviot Value Management LLC purchased a new stake in Southern in the first quarter worth $28,000. Financial Connections Group Inc. purchased a new position in Southern in the 1st quarter worth about $33,000. Accredited Wealth Management LLC bought a new stake in Southern during the 1st quarter valued at about $36,000. Rossby Financial LCC purchased a new stake in Southern in the 1st quarter valued at about $39,000. Finally, Saudi Central Bank bought a new position in Southern in the 1st quarter worth about $40,000. Hedge funds and other institutional investors own 64.10% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Southern from a "hold" rating to a "sell" rating in a research note on Saturday, August 2nd. JPMorgan Chase & Co. lifted their target price on Southern from $97.00 to $98.00 and gave the company a "neutral" rating in a research report on Thursday, August 21st. Mizuho increased their price target on Southern from $93.00 to $95.00 and gave the stock a "neutral" rating in a research report on Friday, August 1st. Barclays raised their price target on Southern from $90.00 to $91.00 and gave the company an "equal weight" rating in a research note on Wednesday, July 16th. Finally, Morgan Stanley lowered their price objective on shares of Southern from $94.00 to $92.00 and set an "equal weight" rating for the company in a research note on Thursday, September 25th. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $95.08.

Southern Stock Performance

SO stock opened at $93.79 on Tuesday. Southern Company has a one year low of $80.46 and a one year high of $96.44. The firm has a market cap of $103.18 billion, a price-to-earnings ratio of 24.11, a PEG ratio of 3.27 and a beta of 0.41. 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 simple moving average of $93.52 and a two-hundred day simple moving average of $91.36.

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 for the quarter, compared to the consensus estimate of $6.70 billion. Southern had a return on equity of 12.09% and a net margin of 15.10%.The company's revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the firm earned $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 forecast that Southern Company will post 4.29 EPS for the current fiscal year.

Southern Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 8th. Investors of record on Monday, August 18th were paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 3.2%. The ex-dividend date was Monday, August 18th. Southern's payout ratio 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 dated Monday, July 21st. The stock was sold at an average price of $95.00, for a total value of $1,250,010.00. Following the completion of the sale, the chief executive officer directly owned 93,661 shares in the company, valued at approximately $8,897,795. This trade represents a 12.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.16% of the stock is owned by corporate insiders.

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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