Trilogy Capital Inc. Sells 122 Shares of Southern Company (The) $SO

Trilogy Capital Inc. cut its holdings in shares of Southern Company (The) (NYSE:SO) by 2.9% during the 2nd quarter, Holdings Channel reports. The firm owned 4,052 shares of the utilities provider’s stock after selling 122 shares during the period. Trilogy Capital Inc.’s holdings in Southern were worth $372,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Intech Investment Management LLC lifted its stake in Southern by 35.8% during the first quarter. Intech Investment Management LLC now owns 116,059 shares of the utilities provider’s stock worth $10,672,000 after purchasing an additional 30,618 shares during the last quarter. Investors Research Corp lifted its stake in Southern by 1,982.6% during the second quarter. Investors Research Corp now owns 5,623 shares of the utilities provider’s stock worth $516,000 after purchasing an additional 5,353 shares during the last quarter. Klein Pavlis & Peasley Financial Inc. bought a new stake in Southern during the second quarter worth $2,352,000. Czech National Bank lifted its stake in Southern by 6.8% during the second quarter. Czech National Bank now owns 268,648 shares of the utilities provider’s stock worth $24,670,000 after purchasing an additional 17,111 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Southern by 23.2% during the first quarter. GAMMA Investing LLC now owns 21,253 shares of the utilities provider’s stock worth $1,954,000 after purchasing an additional 4,005 shares during the last quarter. 64.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Raymond James Financial assumed coverage on Southern in a research note on Friday, June 13th. They set an “outperform” rating and a $98.00 target price for the company. Barclays raised their target price on shares of Southern from $90.00 to $91.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Scotiabank raised their target price on shares of Southern from $98.00 to $99.00 and gave the company a “sector outperform” rating in a research report on Friday, August 1st. Jefferies Financial Group upgraded shares of Southern from a “hold” rating to a “buy” rating and cut their target price for the company from $102.00 to $100.00 in a research report on Thursday, June 5th. 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 report on Friday, August 1st. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $95.08.

Southern Stock Performance

NYSE SO opened at $94.79 on Thursday. The company has a market capitalization of $104.27 billion, a price-to-earnings ratio of 24.37, a PEG ratio of 3.28 and a beta of 0.43. Southern Company has a twelve month low of $80.46 and a twelve month high of $96.44. The stock has a fifty day simple moving average of $93.49 and a 200 day simple moving average of $91.40. The company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 1.69.

Southern (NYSE:SO) last posted its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.91 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.08). The company 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 quarter in the previous year, the company earned $1.10 earnings per share. Southern has set its Q3 2025 guidance at 1.500-1.500 EPS. FY 2025 guidance at 4.200-4.300 EPS. Sell-side analysts expect that Southern Company will post 4.29 EPS for the current year.

Southern Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 8th. Investors of record on Monday, August 18th were issued a $0.74 dividend. The ex-dividend date was Monday, August 18th. This represents a $2.96 annualized dividend and a yield of 3.1%. Southern’s payout ratio is presently 76.09%.

Insider Transactions at Southern

In related news, CEO Kimberly S. Greene sold 13,158 shares of the business’s stock in a transaction on Monday, July 21st. The shares were sold at an average price of $95.00, for a total value of $1,250,010.00. Following the transaction, the chief executive officer owned 93,661 shares in the company, valued at $8,897,795. The trade was a 12.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is currently owned by insiders.

About Southern

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.