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Another fund decided Southern wasn’t enough
Cwm LLC went shopping for more Southern Company stock in Q4, lifting its position by 63.2% to 165,475 shares. By the end of the quarter, that stake was worth roughly $14.43 million — the kind of move that says, “we’re not done here,” even if utilities don’t exactly scream adrenaline.
The bigger picture is still pretty utility-core
Southern isn’t just a one-fund story. The company’s shares are widely held by institutions, which own about 64.1% of the stock. That usually gives the name a pretty sticky shareholder base — less meme-stock roller coaster, more slow-and-steady power bill vibes.
But the headline has some side quests
There’s also some baggage mixed into the same article:
- Southern recently reported Q4 EPS of $0.55, which missed estimates by a penny
- Revenue came in at $6.98 billion, topping expectations and rising 10.1% year over year
- The company paid a quarterly dividend of $0.74, or $2.96 annualized, for a 3.1% yield
- EVP Christopher Cummiskey and CEO Kimberly S. Greene both sold shares in March
That combo doesn’t scream fireworks, but it does give you a nice snapshot of a utility that’s still attracting capital even as insiders trim a bit and earnings come in slightly soft.
Big picture
If you own Southern, this is the usual utility script: institutions keep nibbling, the dividend keeps doing dividend things, and the stock stays in that “not exciting, but important” lane. Which, for a power company, is basically the point.