On March 5, 2026, Evercore ISI Group upgraded Southern Company – Corporate Bond (NYSE: SOJD) from “In-Line” to “Outperform.” The average one-year price target for the bond is set at $21.87 per share, representing a potential increase of 4.90% from the current closing price of $20.85 per share.
Southern Company – Corporate Bond is projected to generate annual revenue of $30.1 billion, an increase of 1.87%. Institutional ownership has dropped significantly, with total shares owned decreasing by 90.81% over the last three months to 841,000 shares.
Investments among select funds have varied; Hartford Dynamic Bond Fund Class F increased its holdings by 59.09% to 220,000 shares, while First Trust Preferred Securities and Income ETF raised its stake by 47.08% to 180,000 shares. Other funds, such as John Hancock Preferred Income Fund III and II, maintained their positions.
