No material corporate news briefings were available for Southern Company (SO) in the 30 days preceding this report's generation date of 11 September 2026. No recent announcements, regulatory developments, or operational updates are cited for this period [Brief - 2026-08-15].
For the trailing twelve months ended 31 March 2026, Southern Company reported revenue of $30.18 billion, representing 8% growth year-over-year. Net income stood at $4.36 billion, producing a net margin of 14.46% and an operating margin of 24.17%. Earnings per share declined 0.83% year-over-year. The company held $981 million in cash against total debt of $1.67 billion. The P/E ratio as of the reporting date was 22.44 [SEC 10-Q - SO - 2026-03-31].
Insider activity in September 2026 comprised three transactions with a net selling direction, totalling a net disposal value of approximately $511,188 [SEC Form 4 - SO - 2026-09]. On the institutional side, four notable new positions were opened during the most recent 13F reporting period: Citadel, Millennium, AQR Capital, and Bridgewater each initiated new holdings in SO [SEC 13F - Citadel - Q2 2026] [SEC 13F - Millennium - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Bridgewater - Q2 2026].
The prevailing macro environment shows the 10-year US Treasury yield at 4.83% and the 2-year at 4.39%, producing a normal yield curve spread of 44 basis points [FRED DGS10] [FRED DGS2]. Southern Company, as a capital-intensive regulated utility carrying significant long-term debt obligations, operates in a context where these interest rate levels are relevant to its cost of capital and financing activity.
This report was generated in response to material institutional position changes, specifically the simultaneous opening of new SO positions by four prominent institutional managers as reflected in the most recent 13F filings.