Strategies Wealth Advisors LLC Buys Shares of 6,335 Southern Company (The) $SO

Key Points

• Strategies Wealth Advisors LLC has invested approximately $583,000 in the Southern Company, acquiring 6,335 shares in the first quarter.
• The Southern Company reported $0.91 earnings per share for the last quarter, missing the consensus estimate of $0.99, while revenue rose to $6.97 billion.
• The company has announced a quarterly dividend of $0.74 per share, representing an annualized yield of 3.1%, with the payment scheduled for September 8th.

Strategies Wealth Advisors LLC purchased a new stake in Southern Company (The) (NYSE:SO - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 6,335 shares of the utilities provider's stock, valued at approximately $583,000.

Several other large investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its position in Southern by 23.2% during the first 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 period. Oppenheimer Asset Management Inc. lifted its position in Southern by 4.1% during the first quarter. Oppenheimer Asset Management Inc. now owns 4,645 shares of the utilities provider's stock valued at $427,000 after buying an additional 182 shares during the period. Coastal Bridge Advisors LLC lifted its position in Southern by 0.4% during the first quarter. Coastal Bridge Advisors LLC now owns 32,627 shares of the utilities provider's stock valued at $3,000,000 after buying an additional 119 shares during the period. Banque Cantonale Vaudoise purchased a new position in Southern during the first quarter valued at $945,000. Finally, Cambridge Investment Research Advisors Inc. lifted its position in Southern by 4.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 398,624 shares of the utilities provider's stock valued at $32,815,000 after buying an additional 15,923 shares during the period. Institutional investors own 64.10% of the company's stock.

Insider Activity at Southern

In related 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 $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 is available at the SEC website. 0.16% of the stock is owned by company insiders.

Southern Stock Performance

Shares of Southern stock traded down $0.1760 during trading on Friday, hitting $94.4440. 3,304,937 shares of the company's stock traded hands, compared to its average volume of 5,604,726. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.74 and a quick ratio of 0.54. Southern Company has a 1 year low of $80.46 and a 1 year high of $96.44. The stock has a market capitalization of $103.89 billion, a P/E ratio of 24.28, a PEG ratio of 3.26 and a beta of 0.38. The business has a 50-day simple moving average of $92.96 and a 200-day simple moving average of $90.62.

Southern (NYSE:SO - Get Free Report) last released 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). Southern had a net margin of 15.10% and a return on equity of 12.09%. The business had revenue of $6.97 billion for the quarter, compared to analysts' expectations of $6.70 billion. During the same period last year, the business earned $1.10 earnings per share. The company'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, analysts forecast that Southern Company will post 4.29 EPS for the current year.

Southern Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 8th. Investors of record on Monday, August 18th will be given a dividend of $0.74 per share. The ex-dividend date of this dividend is Monday, August 18th. This represents a $2.96 annualized dividend and a dividend yield of 3.1%. Southern's dividend payout ratio (DPR) is 76.09%.

Analyst Ratings Changes

Several equities analysts have commented on the company. Guggenheim reissued a "neutral" rating and set a $93.00 price objective on shares of Southern in a research report on Friday, May 2nd. Wells Fargo & Company raised their price objective on Southern from $95.00 to $99.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. JPMorgan Chase & Co. raised their price objective on Southern from $97.00 to $98.00 and gave the company a "neutral" rating in a research report on Thursday. Evercore ISI lifted their price target on Southern from $90.00 to $94.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd. Finally, Barclays lifted their price target on Southern from $90.00 to $91.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 16th. Four research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $94.36.

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.