Southern Company (SO) has been a focus of investor conversation with a recent pullback presenting a potential buy opportunity. The firm was downgraded by Goldman Sachs but different analysts and stakeholders have varied views with EP Wealth Advisors LLC, Glenview Trust co, and CIBC Asset Management Inc increasing their stock holdings. Southern Company's share price target has experienced several adjustments. Mizuho lowered its price target to $88, RBC Capital to $99 and Barclays and Keybanc also made adjustments. Despite a decrease by Energy Income Partners and Dearborn Partners, the company noted satisfactory third quarter earnings.
Significant institutional ownership, dividend resilience, and robust growth offer reasons for investment. However, the company's stock declined 6% over six months and had a capital raise of $1.75 billion. Notably, Southern Company plans to keep customer rates steady till 2027 and it has been recognized as a top US energy company. Drawing attention to other activities, the company is eyeing data center expansion, AI energy boom, dividend increases, and internal leadership transitions. It also completed an offering of $1.75 billion in equity units and is managing a heavy debt load.
The Southern Company SO News Analytics from Thu, 20 Feb 2025 08:00:00 GMT to Sat, 13 Dec 2025 11:13:12 GMT - Rating 5 - Innovation -2 - Information 7 - Rumor -3
