Brown Financial Advisory Has $371,000 Stake in Southern Company (The) $SO

Brown Financial Advisory raised its position in Southern Company (The) (NYSE:SO) by 44.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,043 shares of the utilities provider’s stock after purchasing an additional 1,240 shares during the quarter. Brown Financial Advisory’s holdings in Southern were worth $371,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Keudell Morrison Wealth Management grew its holdings in shares of Southern by 1.1% in the 1st quarter. Keudell Morrison Wealth Management now owns 10,032 shares of the utilities provider’s stock valued at $922,000 after acquiring an additional 110 shares in the last quarter. McGlone Suttner Wealth Management Inc. grew its holdings in shares of Southern by 1.4% in the 1st quarter. McGlone Suttner Wealth Management Inc. now owns 8,565 shares of the utilities provider’s stock valued at $788,000 after acquiring an additional 116 shares in the last quarter. KPP Advisory Services LLC grew its holdings in shares of Southern by 1.0% in the 2nd quarter. KPP Advisory Services LLC now owns 11,392 shares of the utilities provider’s stock valued at $1,046,000 after acquiring an additional 117 shares in the last quarter. MBE Wealth Management LLC grew its holdings in shares of Southern by 4.4% in the 1st quarter. MBE Wealth Management LLC now owns 2,827 shares of the utilities provider’s stock valued at $260,000 after acquiring an additional 118 shares in the last quarter. Finally, Coastal Bridge Advisors LLC grew its holdings in shares of Southern by 0.4% in the 1st quarter. Coastal Bridge Advisors LLC now owns 32,627 shares of the utilities provider’s stock valued at $3,000,000 after acquiring an additional 119 shares in the last quarter. Institutional investors own 64.10% of the company’s stock.

Southern Trading Up 1.7%

Shares of NYSE:SO opened at $99.80 on Wednesday. Southern Company has a 12-month low of $80.46 and a 12-month high of $99.81. The stock has a market cap of $109.78 billion, a PE ratio of 25.65, a P/E/G ratio of 3.39 and a beta of 0.43. The business has a 50 day moving average of $93.77 and a 200-day moving average of $91.85. 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 issued its quarterly earnings data on Thursday, July 31st. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.08). Southern had a return on equity of 12.09% and a net margin of 15.10%.The firm had revenue of $6.97 billion for the quarter, compared to the consensus estimate of $6.70 billion. During the same quarter in the prior year, the firm earned $1.10 EPS. The company’s 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, equities research analysts forecast that Southern Company will post 4.29 earnings per share for the current year.

Southern Dividend Announcement

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

Insider Buying and Selling at Southern

In other news, CEO Kimberly S. Greene sold 13,158 shares of Southern stock in a transaction that occurred 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 completion of the sale, the chief executive officer directly owned 93,661 shares in the company, valued at approximately $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 accessible through this link. Insiders own 0.16% of the company’s stock.

Wall Street Analyst Weigh In

SO has been the subject of a number of research analyst reports. Wall Street Zen cut Southern from a “hold” rating to a “sell” rating in a report on Saturday, August 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Southern in a report on Wednesday, October 8th. BMO Capital Markets lifted their price target on Southern from $98.00 to $102.00 and gave the stock an “outperform” rating in a report on Tuesday, July 22nd. Barclays set a $70.00 price target on Southern in a report on Tuesday. Finally, Scotiabank reiterated a “sector perform” rating and set a $99.00 price target on shares of Southern in a report on Friday, October 3rd. Four equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Southern presently has a consensus rating of “Hold” and a consensus target price of $96.85.

Southern 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.