Clear Creek Financial Management LLC Sells 302 Shares of Southern Company (The) $SO

Clear Creek Financial Management LLC lowered its position in shares of Southern Company (The) (NYSE:SO) by 3.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,004 shares of the utilities provider’s stock after selling 302 shares during the period. Clear Creek Financial Management LLC’s holdings in Southern were worth $827,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Keudell Morrison Wealth Management lifted its holdings in Southern by 1.1% during the 1st quarter. Keudell Morrison Wealth Management now owns 10,032 shares of the utilities provider’s stock worth $922,000 after buying an additional 110 shares during the period. West Branch Capital LLC increased its holdings in shares of Southern by 23.0% during the first quarter. West Branch Capital LLC now owns 616 shares of the utilities provider’s stock valued at $57,000 after acquiring an additional 115 shares in the last quarter. McGlone Suttner Wealth Management Inc. increased its holdings in shares of Southern by 1.4% during the first 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 increased its holdings in shares of Southern by 1.0% during the second 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. Finally, MBE Wealth Management LLC increased its holdings in shares of Southern by 4.4% during the first 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. Institutional investors own 64.10% of the company’s stock.

Analyst Ratings Changes

SO has been the subject of several recent research reports. Raymond James Financial initiated coverage on Southern in a report on Friday, June 13th. They set an “outperform” rating and a $98.00 price objective for the company. UBS Group increased their price objective on Southern from $100.00 to $104.00 and gave the stock a “neutral” rating in a research note on Friday. Wall Street Zen downgraded Southern from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. BMO Capital Markets increased their price objective on Southern from $98.00 to $102.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 22nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Southern in a research note on Wednesday. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $96.31.

Southern Stock Performance

Shares of Southern stock opened at $98.23 on Friday. The company has a market cap of $108.06 billion, a PE ratio of 25.25, a price-to-earnings-growth ratio of 3.32 and a beta of 0.43. The company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 1.69. The business has a 50 day moving average price of $93.62 and a 200-day moving average price of $91.71. Southern Company has a 52 week low of $80.46 and a 52 week high of $98.36.

Southern (NYSE:SO) last released 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). The business had revenue of $6.97 billion during the quarter, compared to the consensus estimate of $6.70 billion. Southern had a net margin of 15.10% and a return on equity of 12.09%. The business’s revenue was up 7.9% on a year-over-year basis. During the same period in the prior 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. Equities analysts anticipate that Southern Company will post 4.29 earnings per share for the current fiscal year.

Southern Dividend Announcement

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

Insider Activity

In other news, CEO Kimberly S. Greene sold 13,158 shares of the company’s stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $95.00, for a total value of $1,250,010.00. Following the completion of the transaction, the chief executive officer directly owned 93,661 shares of the company’s stock, valued at $8,897,795. This represents a 12.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.16% of the stock is currently owned by corporate 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.