Southern Company (The) $SO Shares Acquired by Jacobsen Capital Management

Jacobsen Capital Management increased its position in shares of Southern Company (The) (NYSE:SO) by 18.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,916 shares of the utilities provider’s stock after purchasing an additional 448 shares during the quarter. Jacobsen Capital Management’s holdings in Southern were worth $268,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in SO. Ameriflex Group Inc. raised its position in Southern by 275.0% in the second quarter. Ameriflex Group Inc. now owns 300 shares of the utilities provider’s stock valued at $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 about $28,000. Advantage Trust Co lifted its position in Southern by 1,428.6% in the second quarter. Advantage Trust Co now owns 321 shares of the utilities provider’s stock valued at $29,000 after buying an additional 300 shares during the last quarter. Financial Connections Group Inc. purchased a new position in Southern during the first quarter worth about $33,000. Finally, Accredited Wealth Management LLC acquired a new stake in shares of Southern during the first quarter valued at about $36,000. 64.10% of the stock is currently owned by institutional investors and hedge funds.

Southern Stock Performance

Shares of SO stock opened at $96.96 on Wednesday. The firm has a 50 day moving average of $94.12 and a two-hundred day moving average of $92.08. The stock has a market capitalization 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 company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 1.69. Southern Company has a 52 week low of $80.46 and a 52 week high of $100.83.

Southern (NYSE:SO) last announced its quarterly earnings data 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 company had revenue of $6.97 billion during the quarter, compared to analyst estimates of $6.70 billion. Southern had a net margin of 15.10% and a return on equity of 12.09%. The firm’s revenue was up 7.9% on a year-over-year basis. During the same quarter 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. On average, research analysts predict that Southern Company will post 4.29 EPS for the current fiscal year.

Southern Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 8th. Stockholders of record on Monday, November 17th will be paid a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Monday, November 17th. Southern’s dividend payout ratio (DPR) is presently 76.09%.

Wall Street Analysts Forecast Growth

SO has been the topic of a number of research analyst reports. Morgan Stanley reduced their price target on shares of Southern from $94.00 to $92.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 25th. TD Cowen initiated coverage on Southern in a research report on Thursday, October 16th. They issued a “buy” rating and a $112.00 target price on the stock. Scotiabank restated a “sector perform” rating and set a $99.00 price target on shares of Southern in a research note on Friday, October 3rd. UBS Group lifted their price objective on Southern from $100.00 to $104.00 and gave the company a “neutral” rating in a research note on Friday, October 10th. Finally, Mizuho increased their target price on Southern from $93.00 to $95.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Southern currently has an average rating of “Hold” and an average price target of $98.83.

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.