Accredited Wealth Management LLC Makes New $36,000 Investment in Southern Company (The) $SO

Accredited Wealth Management LLC acquired a new stake in Southern Company (The) (NYSE:SO) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 390 shares of the utilities provider’s stock, valued at approximately $36,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Investors Research Corp lifted its holdings in Southern by 400.0% during the first quarter. Investors Research Corp now owns 270 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 216 shares in the last quarter. Cheviot Value Management LLC acquired a new stake in Southern in the 1st quarter worth about $28,000. Financial Connections Group Inc. purchased a new stake in Southern during the 1st quarter worth approximately $33,000. Rossby Financial LCC acquired a new position in shares of Southern during the first quarter valued at approximately $39,000. Finally, Elequin Capital LP lifted its position in shares of Southern by 60.6% in the fourth quarter. Elequin Capital LP now owns 498 shares of the utilities provider’s stock valued at $41,000 after acquiring an additional 188 shares in the last quarter. Hedge funds and other institutional investors own 64.10% of the company’s stock.

Insider Buying and Selling at Southern

In other Southern news, CEO Kimberly S. Greene sold 13,158 shares of Southern stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $95.00, for a total transaction 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 $8,897,795. This trade represents a 12.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is currently owned by corporate insiders.

Southern Trading Up 0.8%

Shares of Southern stock opened at $94.9140 on Thursday. The stock has a 50 day moving average of $92.79 and a 200 day moving average of $90.37. 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 market capitalization of $104.41 billion, a price-to-earnings ratio of 24.40, a PEG ratio of 3.25 and a beta of 0.38. Southern Company has a fifty-two week low of $80.46 and a fifty-two week high of $96.44.

Southern (NYSE:SO) last announced its quarterly earnings results 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 business had revenue of $6.97 billion during the quarter, compared to analyst estimates of $6.70 billion. Southern had a net margin of 15.10% and a return on equity of 12.09%. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the company 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. As a group, research analysts predict that Southern Company will post 4.29 earnings per share for the current year.

Southern Announces Dividend

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

Analysts Set New Price Targets

Several research analysts recently commented on SO shares. Barclays increased their price objective on Southern from $90.00 to $91.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 16th. Wall Street Zen lowered shares of Southern from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Jefferies Financial Group raised shares of Southern from a “hold” rating to a “buy” rating and decreased their target price for the stock from $102.00 to $100.00 in a research note on Thursday, June 5th. Guggenheim restated a “neutral” rating and issued a $93.00 price target on shares of Southern in a research report on Friday, May 2nd. Finally, Raymond James Financial initiated coverage on Southern in a research report on Friday, June 13th. They set an “outperform” rating and a $98.00 price objective on the stock. Four equities 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $94.29.

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.