Revolve Wealth Partners LLC Has $224,000 Stock Holdings in Southern Company (The) $SO

Revolve Wealth Partners LLC lessened its stake in Southern Company (The) (NYSE:SO) by 4.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,439 shares of the utilities provider’s stock after selling 119 shares during the quarter. Revolve Wealth Partners LLC’s holdings in Southern were worth $224,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SO. GAMMA Investing LLC grew its position in Southern by 23.2% in the first quarter. GAMMA Investing LLC now owns 21,253 shares of the utilities provider’s stock worth $1,954,000 after acquiring an additional 4,005 shares in the last quarter. Ritholtz Wealth Management grew its position in Southern by 25.6% in the first quarter. Ritholtz Wealth Management now owns 16,971 shares of the utilities provider’s stock worth $1,560,000 after acquiring an additional 3,461 shares in the last quarter. Acropolis Investment Management LLC grew its position in Southern by 14.4% in the first quarter. Acropolis Investment Management LLC now owns 1,769 shares of the utilities provider’s stock worth $163,000 after acquiring an additional 222 shares in the last quarter. Mission Wealth Management LP grew its position in Southern by 4.6% in the first quarter. Mission Wealth Management LP now owns 13,871 shares of the utilities provider’s stock worth $1,275,000 after acquiring an additional 614 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in Southern by 1.7% in the first quarter. Janney Montgomery Scott LLC now owns 387,807 shares of the utilities provider’s stock worth $35,659,000 after acquiring an additional 6,460 shares in the last quarter. Institutional investors and hedge funds own 64.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Evercore ISI assumed coverage on shares of Southern in a research report on Monday, October 6th. They issued an “in-line” rating and a $103.00 target price for the company. BMO Capital Markets boosted their target price on shares of Southern from $98.00 to $102.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 22nd. Barclays set a $70.00 price objective on shares of Southern in a report on Tuesday. UBS Group upped their price objective on shares of Southern from $100.00 to $104.00 and gave the stock a “neutral” rating in a report on Friday. Finally, JPMorgan Chase & Co. upped their price objective on shares of Southern from $97.00 to $98.00 and gave the stock a “neutral” rating in a report on Thursday, August 21st. Four equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Southern presently has a consensus rating of “Hold” and a consensus target price of $96.85.

Insider Buying and Selling

In other Southern news, CEO Kimberly S. Greene sold 13,158 shares of the business’s stock in a transaction dated 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 directly 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 company insiders.

Southern Price Performance

NYSE:SO opened at $99.80 on Wednesday. The stock has a market cap of $109.78 billion, a P/E ratio of 25.65, a PEG ratio of 3.39 and a beta of 0.43. Southern Company has a one year low of $80.46 and a one year high of $99.81. The company has a fifty day moving average price of $93.77 and a 200 day moving average price of $91.85. 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 (NYSE:SO) last released its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.08). The business 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%.Southern’s revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the business posted $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. Analysts anticipate that Southern Company will post 4.29 earnings per share for the current year.

Southern Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 8th. Shareholders of record on Monday, August 18th were given a $0.74 dividend. The ex-dividend date was Monday, August 18th. This represents a $2.96 dividend on an annualized basis and a yield of 3.0%. Southern’s payout ratio is 76.09%.

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.