Chicago Partners Investment Group LLC Has $872,000 Stake in Southern Company (The) $SO

Chicago Partners Investment Group LLC trimmed its position in shares of Southern Company (The) (NYSE:SO) by 5.7% during the second quarter, Holdings Channel.com reports. The firm owned 9,163 shares of the utilities provider’s stock after selling 552 shares during the period. Chicago Partners Investment Group LLC’s holdings in Southern were worth $872,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SO. Ameriflex Group Inc. raised its position in shares of Southern by 275.0% during the second quarter. Ameriflex Group Inc. now owns 300 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 220 shares during the period. Cheviot Value Management LLC purchased a new stake in Southern in the 1st quarter valued at $28,000. Financial Connections Group Inc. purchased a new stake in Southern in the 1st quarter valued at $33,000. Accredited Wealth Management LLC purchased a new stake in Southern in the 1st quarter valued at $36,000. Finally, Rossby Financial LCC purchased a new stake in Southern in the 1st quarter valued at $39,000. 64.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SO. JPMorgan Chase & Co. increased their price target on Southern from $97.00 to $98.00 and gave the company a “neutral” rating in a research report on Thursday, August 21st. Wall Street Zen lowered Southern from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. KeyCorp increased their price target on Southern from $78.00 to $87.00 and gave the company an “underweight” rating in a research report on Wednesday, October 15th. LADENBURG THALM/SH SH reissued a “neutral” rating and issued a $102.50 price target (up from $99.50) on shares of Southern in a research report on Friday, October 17th. Finally, Scotiabank reaffirmed a “sector perform” rating and set a $99.00 target price on shares of Southern in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Southern currently has a consensus rating of “Hold” and a consensus target price of $98.83.

Southern Trading Down 0.8%

Shares of Southern stock opened at $96.96 on Wednesday. Southern Company has a 1 year low of $80.46 and a 1 year high of $100.83. The firm has a market cap of $106.66 billion, a PE ratio of 24.92, a P/E/G ratio of 3.46 and a beta of 0.43. The stock has a fifty day moving average price of $94.12 and a 200-day moving average price of $92.08. 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 announced its earnings results on Thursday, July 31st. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.08). Southern had a net margin of 15.10% and a return on equity of 12.09%. The business had revenue of $6.97 billion for the quarter, compared to analysts’ expectations of $6.70 billion. During the same period in the prior year, the business earned $1.10 earnings per share. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. Southern has set its Q3 2025 guidance at 1.500-1.500 EPS. FY 2025 guidance at 4.200-4.300 EPS. Equities research analysts anticipate that Southern Company will post 4.29 EPS for the current year.

Southern Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 8th. Investors of record on Monday, November 17th will be issued a $0.74 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $2.96 annualized dividend and a yield of 3.1%. Southern’s dividend payout ratio (DPR) 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.