Crossmark Global Holdings Increases Stake in Southern Company

Investment firm adds 7,539 shares to its holdings in the utility provider.

Mar. 5, 2026 at 10:52am

Got story updates? Submit your updates here. ›

Crossmark Global Holdings Inc. has increased its stake in Southern Company (NYSE:SO) by 3.0% during the third quarter, according to a recent SEC filing. The firm now owns 257,740 shares of the utilities provider's stock, valued at $24.4 million.

Why it matters

Southern Company is one of the largest electric and gas utility companies in the United States, serving millions of customers across the Southeast. Crossmark Global Holdings' increased investment in the company signals confidence in Southern's long-term performance and growth prospects.

The details

Crossmark Global Holdings added 7,539 shares to its existing position in Southern Company during the third quarter. This brings the firm's total holdings in the utility provider to 257,740 shares, worth approximately $24.4 million. The move represents a 3.0% increase in Crossmark's stake in Southern Company.

  • Crossmark Global Holdings increased its stake in Southern Company during the third quarter of the year.

The players

Crossmark Global Holdings Inc.

An investment management firm that provides a range of financial services, including asset management, wealth management, and institutional advisory services.

Southern Company

A major energy company that provides electric and gas utility services to customers across the southeastern United States.

Got photos? Submit your photos here. ›

The takeaway

Crossmark Global Holdings' increased investment in Southern Company reflects the firm's confidence in the utility provider's long-term growth potential. As one of the largest electric and gas companies in the region, Southern Company's performance is closely watched by investors and analysts alike.