The Southern Company (SO) has seen a mix of both buying and selling from various asset management firms. A notable mention is
Wealthspire Advisors LLC and
Forsta AP Fonden who adjusted their holdings while
Central Pacific Bank Trust Division and
Norden Group LLC invested heavily. Collaboration with
Sightline Climate for market insights and technology advancements in climate technology were also reported, highlighting
SO's focus on sustainability and innovation. Another impressive development is
SO's 23rd consecutive year of dividend increase at an annualized rate of $2.88 per share. Encouraging forecasts project
SO's shares to be 31% above their intrinsic value. An impressive performance was showcased in Q1 2024, where earnings not only beat predictions but also highlighted the utility company's robust operating expense management. Partnerships were sealed, particularly with
PGA TOUR and
U.S. Army Garrison Eisenhower, to power TOUR Championship with 100% renewable energy and reduce carbon footprint, respectively. As the company ranks first among utilities in Fortune magazine's World's Most Admired Companies for 2024, a bright future is expected for The Southern Company.
The Southern Company SO News Analytics from Sun, 08 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 13:03:47 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 4
