IVC Wealth Advisors LLC Has $505,000 Stock Holdings in Southern Company (The) $SO

IVC Wealth Advisors LLC cut its stake in shares of Southern Company (The) (NYSE:SO) by 3.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,504 shares of the utilities provider’s stock after selling 212 shares during the period. IVC Wealth Advisors LLC’s holdings in Southern were worth $505,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Miracle Mile Advisors LLC boosted its position in Southern by 0.7% during the first quarter. Miracle Mile Advisors LLC now owns 15,928 shares of the utilities provider’s stock valued at $1,465,000 after purchasing an additional 110 shares during the last quarter. Keudell Morrison Wealth Management boosted its position in Southern by 1.1% during the first quarter. Keudell Morrison Wealth Management now owns 10,032 shares of the utilities provider’s stock valued at $922,000 after purchasing an additional 110 shares during the last quarter. West Branch Capital LLC boosted its position in 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 purchasing an additional 115 shares during the last quarter. PFW Advisors LLC boosted its position in Southern by 1.9% during the first quarter. PFW Advisors LLC now owns 6,114 shares of the utilities provider’s stock valued at $562,000 after purchasing an additional 116 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. boosted its position in 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 purchasing an additional 116 shares during the last quarter. 64.10% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Southern

In other news, CEO Kimberly S. Greene sold 13,158 shares of the stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $95.00, for a total transaction of $1,250,010.00. Following the transaction, the chief executive officer owned 93,661 shares in the company, valued at approximately $8,897,795. This trade represents a 12.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.16% of the company’s stock.

Southern Price Performance

Shares of NYSE SO opened at $94.56 on Friday. The firm has a market cap of $104.02 billion, a P/E ratio of 24.31, a price-to-earnings-growth ratio of 3.27 and a beta of 0.43. The company has a current ratio of 0.74, a quick ratio of 0.54 and a debt-to-equity ratio of 1.69. Southern Company has a 1-year low of $80.46 and a 1-year high of $96.44. The business’s 50 day moving average is $93.45 and its 200-day moving average is $91.47.

Southern (NYSE:SO) last announced its earnings results 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 firm 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 for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the business posted $1.10 EPS. 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 predict that Southern Company will post 4.29 earnings per share for the current year.

Southern Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 8th. Stockholders of record on Monday, August 18th were paid a dividend of $0.74 per share. The ex-dividend date was Monday, August 18th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 3.1%. Southern’s dividend payout ratio (DPR) is 76.09%.

Analyst Upgrades and Downgrades

SO has been the topic of several research analyst reports. BMO Capital Markets upped their price objective on Southern from $98.00 to $102.00 and gave the company an “outperform” rating in a research note on Tuesday, July 22nd. Wall Street Zen lowered Southern from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. Morgan Stanley dropped their price objective on Southern from $94.00 to $92.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 25th. Mizuho upped their price objective on Southern from $93.00 to $95.00 and gave the company a “neutral” rating in a research note on Friday, August 1st. Finally, JPMorgan Chase & Co. upped their price objective on Southern from $97.00 to $98.00 and gave the company a “neutral” rating in a research note on Thursday, August 21st. Four 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 company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $95.08.

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.