Synovus Financial Corp has increased its stake in
The Southern Company (NYSE:SO), despite some insiders selling shares. The utility company's Q3 earnings are to be released on October 31. SO is close to becoming a
dividend aristocrat, and has also announced an
Executive VP and COO. The company launched a significant EV Fleet Pilot project with Ford Pro. Other investment activity includes the selling of shares by Toronto Dominion Bank and considerable purchasing activity by Nomura Asset Management Co., Geode Capital Management, and Worldquant Millennium Advisors. The company is attracting
investor attention and is considered a potentially lucrative
renewable energy stock. Wall Street Analysts seem bullish on Southern Company Stock. SO reported Q3 2024 earnings and had a successful Q3 with increased electricity sales. There is speculation whether Southern Company will maintain its beat streak in Q3 earnings. Despite a significant debt burden, the company is still viewed as a quality firm by investors. However, some believe SO's shares have run too fast. Southern Company is making strides in
energy innovation and R&D investments, but some predict it could be dead money for the foreseeable future. We see leadership changes, a recurring dividend increase, and the company defying market swings. The company partners with PGA TOUR to power the championship with 100% renewable energy.
The Southern Company SO News Analytics from Mon, 22 Apr 2024 07:00:00 GMT to Sat, 14 Dec 2024 14:35:27 GMT -
Rating 5.5
- Innovation -3
- Information 7
- Rumor 4
