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Southern Company (The) Shares Acquired by IFG Advisory LLC
Institutional investor increases stake in utility provider
Published on Mar. 5, 2026
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IFG Advisory LLC, an investment management firm, has increased its stake in Southern Company (The) (NYSE:SO) by 12.3% during the 3rd quarter, according to a recent SEC filing. The firm now owns 115,684 shares of the utilities provider's stock, valued at $10.96 million.
Why it matters
Southern Company is one of the largest electric and gas utility companies in the United States, serving customers across the Southeast. The increase in IFG Advisory's stake suggests the firm sees value in Southern's business and growth prospects, which could signal broader investor confidence in the company.
The details
According to the SEC filing, IFG Advisory acquired an additional 12,643 shares of Southern Company during the 3rd quarter, bringing its total holdings to 115,684 shares. Southern Company is a major electric and gas utility provider, operating regulated subsidiaries in Georgia, Alabama, and Mississippi. The company has been investing in renewable energy sources and grid modernization initiatives in recent years.
- The stake increase occurred during the 3rd quarter of the year.
The players
IFG Advisory LLC
An investment management firm that has increased its stake in Southern Company.
Southern Company (The)
A major electric and gas utility provider serving customers across the Southeastern United States.
The takeaway
The increase in IFG Advisory's stake in Southern Company suggests continued investor confidence in the utility provider's business and growth prospects, even as the company navigates industry changes and invests in modernizing its infrastructure.
