M&G PLC Invests $1.88 Million in Southern Company

The institutional investor acquired nearly 20,000 shares of the utilities provider's stock.

Published on Feb. 21, 2026

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M&G PLC, a large institutional investor, acquired a new stake in shares of Southern Company (NYSE:SO) in the third quarter of 2025. The firm purchased 19,829 shares of the utilities provider's stock, valued at approximately $1.88 million.

Why it matters

This investment by M&G PLC, a major global asset manager, signals confidence in Southern Company's long-term prospects as a leading electric and gas utility in the southeastern United States. The investment also highlights the continued interest from institutional investors in the utility sector, which has seen increased focus on renewable energy and grid modernization.

The details

According to regulatory filings, M&G PLC acquired the new stake in Southern Company during the third quarter of 2025. The 19,829 shares purchased represent a small but meaningful position for the institutional investor within Southern's overall shareholder base.

  • M&G PLC acquired the new stake in Southern Company in the third quarter of 2025.

The players

M&G PLC

A global investment management firm that oversees over $400 billion in assets.

Southern Company (The)

An Atlanta-based energy holding company that provides electric and gas utility services and owns power generation assets across the United States.

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The takeaway

This investment by a major institutional player like M&G PLC underscores the continued appeal of regulated utility stocks like Southern Company, which have demonstrated resilience and steady returns even in challenging economic environments.