Duff & Phelps Reduces Stake in Southern Company

Investment firm trims position in major utility provider by 14.4% in Q3

Mar. 12, 2026 at 8:34am

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Duff & Phelps Investment Management Co. reduced its stake in Southern Company (NYSE:SO) by 14.4% during the third quarter, according to a recent SEC filing. The investment firm now owns 1,151,486 shares of the utilities provider's stock, making it the 28th largest holding in its portfolio.

Why it matters

Southern Company is one of the largest electric and gas utility companies in the United States, serving customers across the Southeast. Duff & Phelps' decision to trim its position in the stock could signal a shift in investor sentiment or portfolio strategy for the firm.

The details

According to the 13F filing, Duff & Phelps sold 194,488 shares of Southern Company stock during the third quarter. The firm now holds a $109.1 million position in the utility, representing about 1.2% of its total portfolio. Southern Company's stock price has traded in a range of $83.09 to $100.83 over the past 52 weeks.

  • Duff & Phelps reduced its stake in Southern Company during the 3rd quarter of 2026.

The players

Duff & Phelps Investment Management Co.

An investment management firm that oversees over $50 billion in assets for institutional and individual clients.

Southern Company (NYSE:SO)

A major electric and gas utility company serving customers across the Southeastern United States.

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The takeaway

Duff & Phelps' decision to trim its position in Southern Company could reflect broader market trends or a shift in the firm's investment strategy, though the reasons behind the move are not entirely clear from the limited information provided. The utility's stock performance and outlook will likely continue to be closely watched by investors.