The Southern Company (SO) experienced both advancements and setbacks. The company's shares were downgraded by
Goldman Sachs causing a ripple among investors but new investments flooded in.
PNC Financial Services Group Inc. and
Advisors Capital Management LLC significantly added to their stake, alongside many other investors such as
ProShare Advisors LLC and
Midwest Trust Co. The company also increased its capital by $1.75 billion. This influx in investments helps underscore the company's valuation as the share price continues 2024 growth. The company receives a consensus rating of "Hold" from brokerages given its recent market performance. However, compared to the rise in SO's share price, there's a gap with the company's business progress. Another major development was
The Southern Company announcing a CFO transition. Meanwhile, the company's growth narratives are being put to the test due to margin compression. Los Angeles Capital Management LLC and Advisors Preferred LLC made considerable purchases, adding up to their holdings in
The Southern Company. On a different note, the company is shown to be innovatively progressing in the nuclear space. Its second-quarter 2025 earnings reflected positive growth, bolstering investor confidence.
The Southern Company SO News Analytics from Thu, 01 May 2025 07:00:00 GMT to Sat, 15 Nov 2025 13:52:59 GMT -
Rating -3
- Innovation 0
- Information 8
- Rumor 5
