Rep. Jared Moskowitz Buys The Southern Company (NYSE:SO) Shares

Representative Jared Moskowitz (D-Florida) recently bought shares of The Southern Company NYSE: SO. In a filing disclosed on May 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Southern stock on April 7th. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (1)" account.

Representative Jared Moskowitz also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 4/16/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 4/10/2025.
• Sold $15,001 - $50,000 in shares of The Goldman Sachs Group NYSE: GS on 4/10/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/10/2025.
• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Sherwin-Williams NYSE: SHW on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/7/2025.
• Purchased $1,001 - $15,000 in shares of TJX Companies NYSE: TJX on 4/7/2025.

Southern Stock Performance

Shares of SO traded up $2.39 during trading hours on Thursday, reaching $87.30. 5,255,718 shares of the company traded hands, compared to its average volume of 4,436,585. The Southern Company has a 1-year low of $76.64 and a 1-year high of $94.45. The stock has a market cap of $95.95 billion, a P/E ratio of 21.77, a price-to-earnings-growth ratio of 3.01 and a beta of 0.40. The stock's fifty day moving average is $90.03 and its 200 day moving average is $87.22. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.66 and a current ratio of 0.67.

Southern (NYSE:SO - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The utilities provider reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.03. Southern had a return on equity of 12.23% and a net margin of 16.47%. The firm had revenue of $7.78 billion during the quarter, compared to analyst estimates of $7.17 billion. During the same period in the prior year, the company posted $1.03 earnings per share. The business's revenue for the quarter was up 17.0% compared to the same quarter last year. Equities research analysts anticipate that The Southern Company will post 4.29 earnings per share for the current fiscal year.

Southern Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Monday, May 19th will be paid a dividend of $0.74 per share. This is a boost from Southern's previous quarterly dividend of $0.72. This represents a $2.96 annualized dividend and a yield of 3.39%. Southern's dividend payout ratio is presently 70.64%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on SO shares. KeyCorp lowered shares of Southern from a "sector weight" rating to an "underweight" rating and set a $78.00 price target on the stock. in a research note on Wednesday. Mizuho boosted their price objective on shares of Southern from $83.00 to $85.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. Wells Fargo & Company lifted their price objective on shares of Southern from $95.00 to $99.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. Morgan Stanley reiterated an "outperform" rating on shares of Southern in a research report on Thursday, March 20th. Finally, Evercore ISI raised their price objective on Southern from $90.00 to $94.00 and gave the stock an "in-line" rating in a research report on Friday, May 2nd. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Southern currently has a consensus rating of "Hold" and a consensus target price of $92.07.

Insider Transactions at Southern

In other news, EVP Martin Bernard Davis sold 1,125 shares of the company's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $89.61, for a total value of $100,811.25. Following the transaction, the executive vice president now directly owns 102,090 shares in the company, valued at approximately $9,148,284.90. This represents a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Kimberly S. Greene sold 32,190 shares of the business's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $93.12, for a total transaction of $2,997,532.80. Following the completion of the sale, the chief executive officer now directly owns 106,819 shares of the company's stock, valued at approximately $9,946,985.28. This trade represents a 23.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.16% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Paragon Private Wealth Management LLC purchased a new stake in Southern during the first quarter valued at $279,000. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Southern by 73.8% in the 1st quarter. Federation des caisses Desjardins du Quebec now owns 34,845 shares of the utilities provider's stock valued at $3,204,000 after acquiring an additional 14,797 shares during the last quarter. EP Wealth Advisors LLC grew its position in Southern by 0.9% in the first quarter. EP Wealth Advisors LLC now owns 346,815 shares of the utilities provider's stock worth $31,890,000 after acquiring an additional 3,182 shares in the last quarter. GW Henssler & Associates Ltd. increased its stake in Southern by 2.6% during the first quarter. GW Henssler & Associates Ltd. now owns 345,731 shares of the utilities provider's stock worth $31,790,000 after acquiring an additional 8,622 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC raised its position in Southern by 4.7% during the first quarter. Focus Partners Advisor Solutions LLC now owns 31,987 shares of the utilities provider's stock valued at $2,941,000 after purchasing an additional 1,446 shares during the period. Hedge funds and other institutional investors own 64.10% of the company's stock.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida's 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida's 23rd Congressional District. He declared candidacy for the 2026 election. Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor's degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz's career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

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.