Western Wealth Management LLC Has $2.28 Million Holdings in Southern Company (The) $SO

Western Wealth Management LLC boosted its position in shares of Southern Company (The) (NYSE:SO) by 52.0% in the first quarter, Holdings Channel.com reports. The firm owned 23,582 shares of the utilities provider’s stock after acquiring an additional 8,069 shares during the period. Western Wealth Management LLC’s holdings in Southern were worth $2,276,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Evergreen Advisors LLC bought a new position in shares of Southern in the 1st quarter valued at about $25,000. Scarborough Advisors LLC bought a new stake in shares of Southern in the 1st quarter valued at about $25,000. Ankerstar Wealth LLC acquired a new stake in Southern in the 4th quarter valued at about $25,000. Triumph Capital Management acquired a new stake in Southern in the 3rd quarter valued at about $29,000. Finally, Cornerstone Financial Management LLC bought a new position in Southern during the fourth quarter worth about $27,000. Institutional investors and hedge funds own 64.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SO. KeyCorp cut shares of Southern from a “sector weight” rating to an “underweight” rating and set a $79.00 price objective for the company. in a research report on Thursday, July 23rd. Barclays reduced their price target on Southern from $99.00 to $98.00 and set an “equal weight” rating for the company in a research note on Thursday, June 18th. Wall Street Zen cut Southern from a “hold” rating to a “sell” rating in a research report on Saturday. BMO Capital Markets boosted their price objective on shares of Southern from $102.00 to $104.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Finally, Morgan Stanley restated an “underweight” rating on shares of Southern in a research note on Wednesday, July 22nd. Seven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $100.26.

Southern Stock Up 0.5%

Shares of SO opened at $94.79 on Friday. The firm has a 50 day simple moving average of $94.59 and a two-hundred day simple moving average of $94.00. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.79 and a quick ratio of 0.45. Southern Company has a one year low of $83.80 and a one year high of $100.83. The company has a market cap of $106.86 billion, a P/E ratio of 22.73, a P/E/G ratio of 1.82 and a beta of 0.34.

Southern (NYSE:SO) last issued its earnings results on Thursday, July 30th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.12. Southern had a return on equity of 12.93% and a net margin of 15.43%.The firm had revenue of $6.98 billion for the quarter, compared to the consensus estimate of $7.23 billion. During the same quarter last year, the business posted $0.79 EPS. The company’s revenue was up .1% compared to the same quarter last year. Research analysts forecast that Southern Company will post 4.58 EPS for the current fiscal year.

Southern Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 17th will be paid a $0.76 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.04 annualized dividend and a yield of 3.2%. Southern’s dividend payout ratio (DPR) is 72.90%.

Trending Headlines about Southern

Here are the key news stories impacting Southern this week:

• Positive Sentiment: Second-quarter earnings beat expectations: Southern reported adjusted EPS of $1.13, above the $1.01 analyst consensus and up from $0.91 a year earlier. The company’s reported earnings were $1.2 billion, or $1.03 per share, compared with $0.9 billion, or $0.80 per share, in the prior-year quarter. Southern Co. Beats Q2 Earnings Estimates Southern Company Reports Second-Quarter 2026 Earnings
• Positive Sentiment: Capacity expansion is positioning the utility for load growth: Georgia Power is developing nearly 1,500 megawatts of new natural-gas generation and 500 megawatts of battery storage at Plant Bowen. The projects could support reliability and future demand from industrial customers and data centers, although they also require substantial capital investment. Georgia Power and Officials Celebrate Plant Bowen Investments
• Positive Sentiment: Energy-storage and AI demand provide longer-term catalysts: Georgia Power completed the Moody Battery Energy Storage System, expanding Southern’s regulated storage platform. Analysts also point to large-load contracts and a reported 25-year OpenAI power agreement as potential drivers of future utility demand. Southern Completes Moody Battery Project Southern Company AI Data Center Opportunity
• Neutral Sentiment: Revenue growth remained weak: Quarterly revenue was $6.98 billion, below the $7.23 billion consensus and up only 0.1% year over year, tempering the significance of the EPS beat. Southern Q2 Key Metrics Versus Estimates
• Negative Sentiment: Near-term guidance was slightly cautious: Third-quarter EPS guidance of $1.65 was below the $1.67 consensus, while the $4.50–$4.60 full-year 2026 range brackets but centers below the $4.57 estimate. The 2028 range of $5.25–$5.45, however, is at least in line with current expectations.

Southern Company Profile

Southern Company (NYSE: SO) is an Atlanta-based energy holding company that provides electric and gas utility services and owns power generation assets across the United States. Founded in 1945, the company operates a portfolio of regulated electric utilities and affiliated businesses that generate, transmit and distribute electricity to residential, commercial and industrial customers.

Southern’s principal regulated electric subsidiaries include Georgia Power, Alabama Power and Mississippi Power, which serve large portions of the southeastern United States.