The Southern Company (SO), a major utility company, has experienced a variety of market shifts as indicated in the recent news reports. Goldman Sachs has downgraded the company, and its price target has been lowered by analysts. However, it saw a strong Q3 earnings and recent underperformance in the sector. Its stake was lifted by
Shelton Capital Management and its shares rose 10% year-to-date (YTD), sparking debates on whether investors should buy, sell or hold. Other noteworthy updates are Q3 earnings for 2025, analysts' predictions on the stock's movement by 2027, and a promise of steady customer rates through 2027. Changes in company ownership were also reported with investment firms including
WCG Wealth Advisors, Schroder Investment Management Group, Mackenzie Financial Corp, and Quadrature Capital purchasing and selling shares. The company also announced a CFO transition, quarterly dividend and significant $1.75 billion capital raise. Lastly, the company, renowned as a consistent utility yielder, has seen a steady increase in its stock due to strong Q3 revenue and earnings, market overlook of its nuclear facilities, and successful data center expansion.
The Southern Company SO News Analytics from Thu, 20 Feb 2025 08:00:00 GMT to Fri, 05 Dec 2025 16:22:35 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -1
