The Southern Company (SO) is in the spotlight again with price target adjustments from Morgan Stanley and Barclays which could indicate potential growth. Investments into the company have increased with TD Asset Management, Applied Finance Capital Management, and others adding significant shares to their holdings. Furthermore, the company has announced leadership changes, including a new CFO. While some analysts recommend holding or even selling some shares, Southern's entry into artificial intelligence and data center expansions might suggest a bullish outlook. Its steady dividend payments and consistent utility yield affirm the company's stable financial performance. Southern's Q2 earnings exceeded estimates as utility sales grew, and the company projects higher capital plans. The rise of institutional ownership, now at 70-71%, hints at the trust large investors place in Southern. However, insiders have sold a notable amount of stock, hinting at potential weakness. The company's nuclear facilities are also being overlooked by the market. The Southern Company's (SO) future could lie in AI growth, solar power, and nuclear energy. But, its valuation stands as a concern due to potential resistance levels.
The Southern Company SO News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Sat, 18 Oct 2025 13:08:24 GMT -
Rating 2
- Innovation 6
- Information 7
- Rumor 3
