Mystic Asset Management Inc. Purchases Shares of 19,933 Southern Company (The) $SO
Mystic Asset Management Inc. acquired a new position in Southern Company (NYSE:SO) during the second quarter, purchasing 19,933 shares valued at approximately $1.91 million. Other institutional investors also adjusted their holdings, with Southern Company's stock currently trading at $91.47 and analysts holding a "Hold" consensus rating with an average price target of $100.09. The company recently reported Q2 earnings per share of $1.13, exceeding estimates, and declared a quarterly dividend of $0.76 per share.
Morgan Stanley Adjusts PT on Southern Co. to $89 From $92, Keeps Underweight Rating
Morgan Stanley has revised its price target for Southern Co. (SO) to $89, down from $92, while maintaining an "Underweight" rating on the stock. This adjustment comes amidst other recent analyst revisions for Southern Co., including JPMorgan and Goldman Sachs, reflecting ongoing evaluations of the company's financial outlook and market performance. The article also provides an overview of Southern Co.'s business segments and recent financial news.
Vise Technologies Inc. Purchases New Position in Southern Company (The) $SO
Vise Technologies Inc. has acquired a new position in Southern Company (NYSE:SO), purchasing 84,267 shares valued at approximately $8.065 million. Other institutional investors have also adjusted their holdings in Southern Company, which recently reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend. Despite a slight dip in stock price, analysts have a mixed outlook on Southern, with an average "Hold" rating.
D L Carlson Investment Group Inc. Buys New Shares in Southern Company (The) $SO
D L Carlson Investment Group Inc. has acquired a new position in Southern Company (NYSE:SO) by purchasing 46,430 shares valued at approximately $4.44 million during the second quarter. Other institutional investors have also recently adjusted their stakes in the utilities provider. The company's stock currently holds a "Hold" rating from analysts with an average target price of $100.09 and recently announced a quarterly dividend of $0.76 per share.
Great Lakes Advisors LLC Buys New Stake in Southern Company (The) $SO
Great Lakes Advisors LLC has acquired a new stake in Southern Company (NYSE:SO), purchasing 32,151 shares valued at approximately $3.077 million in the second quarter. Other hedge funds also established new positions in Southern Company, bringing institutional ownership to 64.10%. The company recently reported strong earnings, beating analyst estimates, and announced a quarterly dividend of $0.76 per share.
Allworth Financial LP Makes New Investment in Southern Company (The) $SO
Allworth Financial LP has acquired a new stake in Southern Company (NYSE:SO) by purchasing 171,520 shares valued at approximately $16.4 million. Other institutional investors also made significant investments in Southern during the second quarter. The company currently has an average analyst rating of "Hold" with an average price target of $100.09 and recently announced a quarterly dividend of $0.76 per share.
Advisors Capital Management LLC Invests $21.94 Million in Southern Company (The) $SO
Advisors Capital Management LLC has acquired a new stake in Southern Company (NYSE:SO) worth approximately $21.94 million during the second quarter. Other institutional investors have also recently adjusted their holdings in Southern. Wall Street analysts have issued mixed ratings for Southern, with a consensus "Hold" rating and an average price target of $100.09.
TVA to charge data centers new rate, offset burden for other customers
The Tennessee Valley Authority (TVA) Board of Directors has voted to establish a new, higher rate class for data centers, aiming to shield residential customers from increased utility bills caused by the high electricity demands of these facilities. Existing data centers will see a base rate increase of about 10% phased in over three years, while new facilities or expansions requiring more than 5 megawatts will face a significant Capacity Commitment Charge. This move aligns with a pledge to keep customer bills low and has been supported by Memphis Mayor Paul Young, who emphasized that companies creating extraordinary demand should contribute to the necessary infrastructure costs.
Southeast Georgia power grid projects helping fuel data center development
Southeast Georgia is rapidly expanding its power grid to support a booming data center industry, including a massive OpenAI data center in Effingham County. This expansion involves significant upgrades to natural gas plants, such as the McIntosh Combined Cycle Facility, and the addition of new transmission lines, raising environmental and financial concerns among residents and environmental groups. Experts also question the adequacy of current regulations and the long-term viability of relying on these energy-intensive projects without robust regulatory frameworks.
MSH Capital Advisors LLC Purchases Shares of 21,669 Southern Company (The) $SO
MSH Capital Advisors LLC has acquired a new stake of 21,669 shares in Southern Company (NYSE:SO) valued at approximately $2.07 million during the second quarter. Other institutional investors have also adjusted their holdings in the utilities provider, which collectively is 64.10% owned by hedge funds and institutional investors. Southern Company recently reported quarterly EPS of $1.13, exceeding analyst expectations, and declared a quarterly dividend of $0.76, yielding 3.3% annually.
United Bank Makes New Investment in Southern Company (The) $SO
United Bank recently acquired 56,481 shares of Southern Company, valued at approximately $5.4 million, making it 1.6% of the bank's total holdings. Southern Company reported strong quarterly EPS of $1.13 and declared a $0.76 per share dividend. Despite mixed analyst ratings, the company's institutional ownership stands at 64.1%.
Kentucky Farm Bureau Mutual Insurance Co Invests $1.53 Million in Southern Company (The) $SO
Kentucky Farm Bureau Mutual Insurance Co recently purchased 16,000 shares of Southern Company (The) (NYSE:SO) valued at approximately $1.53 million during the second quarter. This new stake makes them one of several institutional investors who have recently modified their holdings in the utilities provider. Southern Company reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.
Edmond DE Rothschild Holding S.A. Takes $7.64 Million Position in Southern Company (The) $SO
Edmond DE Rothschild Holding S.A. has initiated a significant new position in Southern Company (NYSE:SO) during the second quarter, acquiring 79,866 shares valued at approximately $7.64 million. This move is part of broader institutional interest in Southern, with other hedge funds also adjusting their holdings. The utility provider has a "Hold" consensus rating from analysts, with a target price of $100.09.
AssuredPartners Investment Advisors LLC Makes New Investment in Southern Company (The) $SO
AssuredPartners Investment Advisors LLC has initiated a new position in Southern Company (NYSE:SO), purchasing 13,670 shares valued at approximately $1.31 million. Other institutional investors have also adjusted their holdings, with institutional ownership of the utility’s stock at 64.1%. Southern Company reported strong quarterly earnings, exceeding analyst expectations, and declared a quarterly dividend of $0.76 per share, resulting in a 3.3% yield.
SoCal Edison customers could get up to $8K in utility debt forgiven
Southern California Edison is offering an Arrearage Management Plan that allows eligible customers to have up to $8,000 in utility debt forgiven. To qualify, customers must be enrolled in specific discount programs, have used Edison for at least six months, owe over $500, and have made at least one payment in the past two years. This initiative addresses the skyrocketing energy bills in California, which have increased by 83% for Edison customers since 2015 and 39% statewide over the past six years.
Utility-associated interests fund Georgia PSC candidates Fitz Johnson, Josh Tolbert
An Energy and Policy Institute review of campaign finance data reveals that a significant portion of campaign contributions to Georgia Public Service Commission (PSC) candidates Fitz Johnson and Josh Tolbert came from entities associated with regulated companies. Fitz Johnson, the Republican candidate for District 3, received nearly 70% of contributions over $500 from regulated interests, while Josh Tolbert, the Republican candidate in District 5, received 39% of such contributions, predominantly from the Drummond family, owners of a coal company. In contrast, Democratic incumbents Peter Hubbard and Shelia Edwards received minimal or no contributions from regulated entities, highlighting a recurring pattern in Georgia PSC elections.
Elanco Animal Health (NYSE:ELAN): Is More Momentum Ahead?
Elanco Animal Health (NYSE:ELAN) has shown improved operating results and raised its full-year revenue outlook, strengthening its recovery narrative. The company's future valuation hinges on sustained commercial execution, successful product launches, margin improvement, and financial discipline through portfolio changes. While recent momentum is positive, long-term uncertainties remain, requiring consistent execution to support growth and valuation expectations.
DXC Technology Company (NYSE:DXC) Advances an AI Turnaround Push
DXC Technology (NYSE:DXC) is advancing an AI-driven turnaround strategy through new partnerships in security, voice technology, and advanced AI models. The company aims to embed AI throughout its services to reposition itself for higher-value work, moving away from commoditized offerings. This strategic shift involves significant investment in training its engineers and is backed by a financial framework focused on organic growth, stronger margins, and healthy cash generation.
Georgia Power's free energy lessons have reached 1.5 million students
Georgia Power's Learning Power program has reached a significant milestone, engaging over 1.5 million students across Georgia in STEM-focused energy education since its inception in 2011. The program, celebrating 15 years, provides free, hands-on activities to K-12 students, supports over 16,000 educators, and conducts approximately 2,700 classroom visits annually. This initiative highlights Georgia Power's commitment to education, community investment, and preparing a future workforce.
Georgia Power's Learning Power program marks 15 years and 1.5 million Georgia students reached
Georgia Power's Learning Power program has reached 1.5 million students across Georgia since 2011, providing free, curriculum-based resources on energy, economics, and environmental stewardship. The program celebrates 15 years of delivering hands-on STEM activities to K-12 students in over 2,400 schools across 155 counties. This milestone highlights Georgia Power's commitment to STEM education, energy efficiency awareness, and preparing the state's future workforce.
Wealthfront Advisers LLC Purchases Shares of 209,303 Southern Company (The) $SO
Wealthfront Advisers LLC has acquired 209,303 shares of Southern Company (NYSE:SO) for approximately $20 million, marking a new position in the utility provider. This comes as Southern Company reported strong quarterly earnings, beating analyst EPS estimates, and declared a dividend of $0.76 per share. Despite some analyst downgrades, the consensus rating remains "Hold" with a target price of $100.09.
Southern Company stock holds steady as analysts see limited upside
Southern Company (SO) stock is trading in the low-$90s with analysts maintaining a consensus "Hold" rating and a modest upside target of just over $100. Despite limited capital appreciation potential, institutional buying and a stable 3.3% dividend yield make the utility an attractive income-focused investment. The company's regulated operations and diversified asset base contribute to its predictable earnings and cash flows, supporting its consistent dividend policy.
UGI Corp. Up Over 11%, On Pace for Largest Percent Increase Since November 2024 -- Data Talk
UGI Corp. (UGI) shares have increased over 11% today, marking the largest percentage gain since November 2024. The stock is currently trading at $24.71, with increased volume indicating significant investor interest. This surge places UGI among the top performers on the NYSE today.
1,735,602 Shares in Southern Company (The) $SO Bought by Energy Income Partners LLC
Energy Income Partners LLC has acquired a new stake of 1,735,602 shares in Southern Company (NYSE:SO) during the second quarter, valued at approximately $166.11 million. This makes Southern its seventh-largest holding, comprising 2.6% of its investment portfolio. Other institutional investors like Norges Bank and Capital World Investors have also significantly adjusted their positions in the utility provider.
First National Bank of Omaha Takes $16.98 Million Position in Southern Company (The) $SO
First National Bank of Omaha has acquired 176,421 shares of Southern Company, totaling approximately $16.98 million, during the second quarter. Institutional investors and hedge funds now own 64.1% of Southern Company stock. The company recently reported strong quarterly earnings, beating estimates, and declared a quarterly dividend of $0.76.
Alpine Woods Capital Investors LLC Buys New Shares in Southern Company (The) $SO
Alpine Woods Capital Investors LLC has acquired a new stake in Southern Company (NYSE:SO), purchasing 68,598 shares valued at approximately $6.56 million, making it their 18th largest holding. Other institutional investors have also adjusted their positions in Southern, which recently reported Q2 earnings beating analyst estimates and announced a quarterly dividend of $0.76 per share. Analyst ratings for Southern are mixed, with a consensus "Hold" rating and a target price of $100.09.
GNTC Automation Technology students have bright future at Georgia Power
Georgia Northwestern Technical College's (GNTC) Automation Technology program is effectively preparing students for successful careers at Georgia Power, highlighting a strong partnership between the institution and the utility company. The article features Cesar Cornejo Lopez, an instructor and graduate of GNTC, and current student Lathe Spivey, both of whom work at Georgia Power's Plant Bowen, showcasing their career progression and the value of their GNTC education. Georgia Power emphasizes that GNTC graduates are well-prepared with strong technical training and hands-on experience, making them valuable assets from day one.
TVA will consider a new electricity rate for data centers this week
The Tennessee Valley Authority (TVA) plans to discuss a new electricity rate for large industrial customers, including data centers, at its upcoming board meeting. Data centers currently account for 10% of TVA's electric load, and their growth has led TVA to invest in fossil fuel plants and nuclear power, while scaling back on solar. Environmental groups and experts are calling for greater transparency and policies to protect ratepayers from the infrastructure costs associated with data center expansion.
Southern’s 17 GW Pipeline Puts AI Power Demand Into Utility Math
Southern Company reported a 55% surge in data center electricity use year-over-year, now operating over 1.2 GW of data center load. The utility has contracts for over 17 GW of large load by the mid-2030s, including a 3.2 GW OpenAI facility, requiring billions in new generation investments. Southern is developing flexible demand response models, like OpenAI's 1 GW flexible load, and leveraging its integrated utility structure to meet the accelerating AI infrastructure demand.
4 Reasons the Southeast Should Pause the Data Center Gold Rush
The Southern Alliance for Clean Energy (SACE) is calling for an 18-month moratorium on new large data centers in Tennessee, North Carolina, South Carolina, Georgia, and Florida. This pause is intended to allow the region to establish transparent rules and safeguards concerning the environmental, economic, and societal impacts of these facilities. SACE highlights concerns about increased power bills, fossil fuel infrastructure, water consumption, noise pollution, and the broader existential risks of rapidly developing AI technology without proper oversight.
SOJF Price History for Southern Company Series 2025A 6.50% Stock
This Barchart.com page provides historical price data for Southern Company Series 2025A 6.50% stock (SOJF). It details how users can access daily prices, latest trades, and corporate actions, including options for downloading historical data. The article also highlights key 52-week price points, new highs, and new lows for the SOJF symbol.
Southern Company’s 17-GW Power Pipeline Faces a 144-Basis-Point Yield Hurdle
Southern Company is experiencing surging electricity demand, particularly from data centers, with over 17 GW of contracted large-load demand by mid-2030s. However, the company faces a financial hurdle as the 10-year Treasury yield is 144 basis points higher than Southern's 3.29% dividend yield, making its income appeal weaker while it funds an $81 billion capital program. Despite positive operational performance and an 11.8% beat on adjusted EPS for Q2, analyst sentiment remains cautious due to the rising cost of financing and potential risks to large-load projects.
Why Is Southern Company (NYSE:SO) Drawing Attention as Rising Electricity Demand Frames The Utility Session?
Southern Company (NYSE:SO) is gaining attention in the utility sector due to rising electricity demand, driven by new data centers and broader electrification. As a large regulated electric and gas utility in the fast-growing Southeast, Southern Company is uniquely positioned, especially with its recent addition of new nuclear generation, providing firm, low-carbon capacity. The company navigates the challenges of rising interest rates and significant capital expenditures while focusing on reliability and a diverse generation mix to meet increasing demand.
Will the New OpenAI Data Center Raise Georgia Power Bills?
The article discusses whether OpenAI's new 3.2 GW data center in Savannah, "Project Camellia," will lead to higher electricity bills for Georgia residents. It examines how data centers impact utility costs, the transparency of current contracts, and the role of the Georgia Public Service Commission (PSC) in ensuring fair cost allocation. The author urges the PSC to conduct a more thorough and transparent review of the contract to protect residential customers from potentially increased power bills.
Policy Group: Georgia Data Centers Will Require More Electricity Than the State Can Give
A policy group, Science for Georgia, estimates that Georgia's proposed data centers will demand significantly more electricity than the state can currently provide. Executive director Amy Sharma stated that these data centers could require between 29 and 58 gigawatts, far exceeding the current supply. This increased demand is primarily driven by "AI hyperscale data centers," which are much more energy-intensive than traditional data centers.
Southern Co stock hits 52-week low at 19.9 USD
Southern Co (SO) stock has fallen to a 52-week low of $19.90, marking an 8% decline from its 52-week high of $24.04 over the past year. The utility giant has a market capitalization of $106.75 billion and a P/E ratio of 22.45, with revenues of $30.18 billion in the last twelve months. InvestingPro rates the company's financial health as "FAIR," providing subscribers with further analysis and investment insights.
Silverlake Wealth Management LLC Takes $1.04 Million Position in Southern Company (The) $SO
Silverlake Wealth Management LLC has acquired a new stake of 10,839 shares, valued at approximately $1.04 million, in Southern Company (NYSE:SO). This purchase contributes to the 64.1% institutional ownership of the utility stock. Despite a "Hold" consensus rating from analysts, Southern Company recently surpassed earnings expectations, reporting $1.13 EPS against an anticipated $1.01, and declared a quarterly dividend of $0.76 per share.
M3 Wealth Management LLC Buys Shares of 32,320 Southern Company (The) $SO
M3 Wealth Management LLC has acquired 32,320 shares of Southern Company (NYSE:SO), valued at approximately $3.1 million, making it 2% of their investment portfolio. Southern Company has a strong institutional ownership of 64.1% and recently reported Q2 EPS of $1.13, exceeding expectations, and declared a quarterly dividend of $0.76. Analysts generally maintain a "Hold" rating for the stock with an average price target of $100.09.
36,742 Shares in Southern Company (The) $SO Bought by Family Legacy Inc.
Family Legacy Inc. recently acquired 36,742 shares of Southern Company (NYSE:SO) during the second quarter, a stake valued at approximately $3.52 million. This purchase contributes to the 64.1% institutional ownership of Southern's stock. Southern Company reported quarterly EPS of $1.13, surpassing analyst estimates, but its revenue of $6.98 billion fell short of expectations, despite a slight year-over-year increase.
Plan Group Financial LLC Invests $3.59 Million in Southern Company (The) $SO
Plan Group Financial LLC recently invested $3.59 million in Southern Company, acquiring 37,485 shares. Other institutional investors also adjusted their holdings, with a total of 64.1% of the stock owned by hedge funds and institutions. Southern Company reported better-than-expected EPS but slightly missed revenue estimates, and analysts currently hold a consensus "Hold" rating with an average price target of $100.09.
Dockside LLC Takes $2.84 Million Position in Southern Company (The) $SO
Dockside LLC recently acquired 29,642 shares of Southern Company, valued at approximately $2.84 million, establishing a new position in the utility provider. This move is part of broader institutional investor activity, with entities like Norges Bank and Capital World Investors also making significant investments in Southern Company. Despite a cautious analyst outlook with a "Hold" consensus, Southern Company exceeded its recent quarterly earnings expectations and announced a quarterly dividend of $0.76 per share.
BIP Wealth LLC Purchases Shares of 31,963 Southern Company (The) $SO
BIP Wealth LLC recently acquired 31,963 shares of Southern Company (NYSE:SO) valued at approximately $3.06 million during the second quarter. Other institutional investors also adjusted their positions in the utilities provider, which reported strong quarterly earnings, beating analyst estimates with $1.13 EPS. Southern Company declared a quarterly dividend of $0.76 per share, and analysts currently rate the stock as a "Hold" with an average target price of $100.09.
Cornerstone Capital Inc. Takes $4.81 Million Position in Southern Company (The) $SO
Cornerstone Capital Inc. recently acquired 50,301 shares of Southern Company (NYSE:SO) valued at approximately $4.81 million, marking a new position for the investment firm. Despite this, analysts generally hold a "Hold" rating for Southern Company, with an average price target of $100.09. The company also reported strong quarterly earnings, surpassing estimates, and declared a quarterly dividend.
As temperatures rise, Georgia Power workers battle the heat to keep the lights on
As Georgia experiences soaring temperatures, Georgia Power relies on thorough preparation, advanced technology, and a dedicated workforce to ensure a continuous electricity supply to millions of customers. At Plant McDonough, workers diligently monitor massive turbines that generate power for over two million homes, making critical adjustments to keep equipment operating safely despite extreme heat. The company emphasizes employee safety through specialized training and aims to maintain customer comfort regardless of weather conditions.
Georgia Power cedes more time for state regulators to review OpenAI contract for huge power supply
Georgia Power has extended the review period for its contract with OpenAI, which would supply over 3 GW of electricity to OpenAI's planned data center in Effingham County. State regulators requested more time due to concerns about consumer protections, specifically regarding the financial safeguards for ratepayers if the large data center project were to fail. The Georgia Public Service Commission's professional staff will now have an additional 12 days to scrutinize the contract.
Southern Co stock hits 52-week low at 18.45 USD
Southern Co's stock has dropped to a 52-week low of $18.45, representing an 18% decline from its peak of $22.40. The company maintains a market capitalization of $106.74 billion, but its stock has fallen 11.45% over the past year. InvestingPro rates Southern Co with a "Fair" financial health score, indicating current market pressures on the utility sector.
Georgia Power extends deadline for PSC to consider its contract with data center operator OpenAI
Georgia Power has extended the deadline for the Public Service Commission (PSC) to review its contract with OpenAI for a new $20 billion data center in Effingham County. This extension from August 14th to August 26th allows PSC staff more time to consider the contract terms after initially preparing to object. Democratic commissioners are advocating for a more active role for the PSC in reviewing the contract, which is heavily redacted, and are pushing for greater transparency and financial guardrails to protect ratepayers.
In the Midwest, more coal power for data centers
Utility company Evergy plans to delay the retirement of 2.8 gigawatts of coal plants in Kansas and Missouri by at least five years and build 3.9 GW of new natural gas generation to meet the demands of a multi-gigawatt data center pipeline. This move, driven by newly-approved large load tariffs that have secured over 2 GW of data center deals, reflects a broader trend where surging AI load growth is slowing the U.S. power sector's shift away from coal. Major tech companies like Google, despite having clean energy goals, are contributing to increased emissions as their data centers rely on Evergy's expanded fossil fuel capacity.
US utility Southern Co reports 55% higher data center power usage compared to last year
Southern Company, a major US utility, reported a 55% increase in data center power usage year-over-year in Q2, driven by accelerating load ramps from large customers. The company's contracted large-load pipeline has surged to 17GW, including a 3.2GW contract with OpenAI, with an additional 8GW in late stages of development. CEO Chris Womack also addressed concerns about data center moratoriums, emphasizing the need for hyperscalers to better explain the benefits of their operations.
MGEE|MGE Energy Inc|Price:81.040|Chg%:-0.280
This article provides a detailed overview of MGE Energy Inc (MGEE) stock, including its current price, key financial figures, technical analysis, and analyst ratings. It highlights the company's profile as a public utility holding company operating in regulated electric and gas utilities, nonregulated energy, and transmission investments. The stock has a "Hold" rating from analysts with a target price of 78.67 and is expected to report earnings on August 5, 2026.
