Rep. Marjorie Taylor Greene Buys The Southern Company (NYSE:SO) Stock

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of The Southern Company NYSE: SO. In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Southern stock on April 3rd.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of FedEx NYSE: FDX on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of NIKE NYSE: NKE on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Caterpillar NYSE: CAT on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/4/2025.
• Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 4/4/2025.

Southern Trading Up 1.0 %

SO traded up $0.91 during trading on Friday, reaching $89.80. The company had a trading volume of 4,021,990 shares, compared to its average volume of 4,559,665. The firm's 50-day simple moving average is $88.67 and its 200 day simple moving average is $87.25. The company has a market cap of $98.50 billion, a price-to-earnings ratio of 22.39, a PEG ratio of 3.01 and a beta of 0.39. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.66 and a current ratio of 0.67. The Southern Company has a 12-month low of $67.53 and a 12-month high of $94.45.

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Southern (NYSE:SO - Get Free Report) last released its earnings results on Thursday, February 20th. The utilities provider reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.01). The business had revenue of $6.34 billion for the quarter, compared to analysts' expectations of $5.90 billion. Southern had a net margin of 16.47% and a return on equity of 12.23%. Equities research analysts anticipate that The Southern Company will post 4.29 earnings per share for the current year.

Southern Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 3.21%. The ex-dividend date was Tuesday, February 18th. Southern's dividend payout ratio is 71.82%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on SO shares. Morgan Stanley reaffirmed an "outperform" rating on shares of Southern in a research note on Thursday, March 20th. Mizuho increased their target price on shares of Southern from $83.00 to $85.00 and gave the stock a "neutral" rating in a research report on Monday, February 3rd. Guggenheim downgraded Southern from a "buy" rating to a "neutral" rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. upgraded Southern from an "underweight" rating to a "neutral" rating and set a $94.00 price target on the stock in a report on Tuesday, April 8th. Finally, UBS Group boosted their target price on shares of Southern from $94.00 to $97.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. Nine investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $92.00.

Insider Activity at Southern

In related news, CEO James Jeffrey Peoples sold 14,540 shares of the stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $86.00, for a total transaction of $1,250,440.00. Following the completion of the transaction, the chief executive officer now owns 13,236 shares in the company, valued at approximately $1,138,296. This represents a 52.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Kimberly S. Greene sold 32,190 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $93.12, for a total transaction of $2,997,532.80. Following the transaction, the chief executive officer now owns 106,819 shares of the company's stock, valued at approximately $9,946,985.28. This represents a 23.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 47,855 shares of company stock worth $4,348,784. 0.18% of the stock is owned by company insiders.

Hedge Funds Weigh In On Southern

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Retirement Wealth Solutions LLC bought a new position in shares of Southern in the 4th quarter worth $25,000. Investors Research Corp boosted its stake in Southern by 400.0% during the 1st quarter. Investors Research Corp now owns 270 shares of the utilities provider's stock worth $25,000 after acquiring an additional 216 shares during the last quarter. YANKCOM Partnership acquired a new stake in Southern in the fourth quarter worth $26,000. WFA Asset Management Corp raised its stake in Southern by 84.9% during the 4th quarter. WFA Asset Management Corp now owns 429 shares of the utilities provider's stock worth $35,000 after buying an additional 197 shares during the period. Finally, Valley National Advisers Inc. grew its stake in Southern by 244.4% in the fourth quarter. Valley National Advisers Inc. now owns 434 shares of the utilities provider's stock valued at $35,000 after acquiring an additional 308 shares during the period. 64.10% of the stock is currently owned by institutional investors and hedge funds.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

Southern Company Profile

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.