Spirepoint Private Client LLC Raises Stake in Southern Company (The) $SO

10 Apr 2026, 11:16 by Tristan Rich · The Markets Daily

Spirepoint Private Client LLC lifted its position in shares of Southern Company (The) (NYSE:SO – Free Report) by 13.3% in the fourth quarter, Holdings Channel reports. The firm owned 97,631 shares of the utilities provider’s stock after purchasing an additional 11,460 shares during the period. Spirepoint Private Client LLC’s holdings in Southern were worth $8,513,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Capital World Investors lifted its position in Southern by 320.3% during the 3rd quarter. Capital World Investors now owns 33,548,852 shares of the utilities provider’s stock worth $3,179,425,000 after acquiring an additional 25,567,431 shares in the last quarter. Soroban Capital Partners LP lifted its position in Southern by 83.8% during the 2nd quarter. Soroban Capital Partners LP now owns 4,097,422 shares of the utilities provider’s stock worth $376,266,000 after acquiring an additional 1,867,912 shares in the last quarter. Canada Pension Plan Investment Board lifted its position in Southern by 1,518.4% during the 2nd quarter. Canada Pension Plan Investment Board now owns 1,044,101 shares of the utilities provider’s stock worth $95,880,000 after acquiring an additional 979,587 shares in the last quarter. Balyasny Asset Management L.P. lifted its position in Southern by 790.6% during the 2nd quarter. Balyasny Asset Management L.P. now owns 811,737 shares of the utilities provider’s stock worth $74,542,000 after acquiring an additional 720,589 shares in the last quarter. Finally, Donaldson Capital Management LLC lifted its position in Southern by 2,785.8% during the 3rd quarter. Donaldson Capital Management LLC now owns 563,027 shares of the utilities provider’s stock worth $53,358,000 after acquiring an additional 543,517 shares in the last quarter. Hedge funds and other institutional investors own 64.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on SO shares. Barclays reduced their price target on Southern from $91.00 to $88.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th. Wells Fargo & Company set a $96.00 price target on Southern and gave the stock an “equal weight” rating in a research report on Friday, February 20th. Scotiabank upped their target price on Southern from $101.00 to $103.00 and gave the company a “sector perform” rating in a research report on Friday, February 20th. Morgan Stanley reaffirmed an “underweight” rating on shares of Southern in a research report on Friday, February 20th. Finally, KeyCorp raised Southern from an “underweight” rating to a “sector weight” rating in a research report on Wednesday, March 4th. Six research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $98.08.

Check Out Our Latest Stock Report on SO

Southern Stock Performance

Shares of SO opened at $97.67 on Friday. The business’s 50 day moving average is $94.97 and its two-hundred day moving average is $92.17. Southern Company has a 52-week low of $83.09 and a 52-week high of $100.83. The firm has a market cap of $110.20 billion, a price-to-earnings ratio of 24.85, a PEG ratio of 2.93 and a beta of 0.41. The company has a quick ratio of 0.47, a current ratio of 0.65 and a debt-to-equity ratio of 1.69.

Southern (NYSE:SO – Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.01). Southern had a net margin of 14.69% and a return on equity of 12.52%. The firm had revenue of $6.98 billion during the quarter, compared to the consensus estimate of $6.41 billion. During the same quarter last year, the firm posted $0.50 earnings per share. Southern’s revenue was up 10.1% compared to the same quarter last year. Analysts forecast that Southern Company will post 4.29 EPS for the current fiscal year.

Southern Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Tuesday, February 17th were issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Tuesday, February 17th. Southern’s payout ratio is 75.32%.

Insider Buying and Selling

In other news, CEO Kimberly S. Greene sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $96.67, for a total value of $2,416,750.00. Following the completion of the sale, the chief executive officer directly owned 103,602 shares in the company, valued at approximately $10,015,205.34. The trade was a 19.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Christopher Cummiskey sold 6,669 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $96.55, for a total value of $643,891.95. Following the completion of the sale, the executive vice president owned 30,800 shares of the company’s stock, valued at $2,973,740. This trade represents a 17.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.16% of the stock is currently owned by insiders.

Southern Profile

(Free Report)

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.