GSA Capital Partners LLP purchased a new stake in shares of Southwest Airlines Co. (NYSE:LUV - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 23,633 shares of the airline's stock, valued at approximately $1,215,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. SHP Wealth Management acquired a new stake in shares of Southwest Airlines during the 4th quarter worth about $25,000. GHP Investment Advisors Inc. acquired a new position in Southwest Airlines in the 4th quarter valued at about $26,000. Entrust Financial LLC acquired a new position in Southwest Airlines in the 4th quarter valued at about $26,000. Los Angeles Capital Management LLC bought a new position in Southwest Airlines in the 4th quarter valued at about $26,000. Finally, DV Equities LLC bought a new position in Southwest Airlines in the 4th quarter valued at about $30,000. 80.82% of the stock is currently owned by institutional investors and hedge funds.
Southwest Airlines Price Performance
Shares of NYSE:LUV opened at $43.31 on Tuesday. The firm has a 50 day moving average of $47.48 and a 200-day moving average of $44.65. The stock has a market capitalization of $21.19 billion, a PE ratio of 26.57, a PEG ratio of 0.39 and a beta of 1.14. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 0.54. Southwest Airlines Co. has a 12 month low of $29.26 and a 12 month high of $55.11.
Southwest Airlines (NYSE:LUV - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The airline reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.42. The business had revenue of $8.72 billion for the quarter, compared to analyst estimates of $8.58 billion. Southwest Airlines had a net margin of 2.78% and a return on equity of 14.15%. The firm's revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter last year, the business posted $0.43 EPS. Southwest Airlines has set its FY 2026 guidance at 3.250-4.250 EPS and its Q3 2026 guidance at 0.500-0.750 EPS. On average, equities research analysts predict that Southwest Airlines Co. will post 3.45 EPS for the current fiscal year.
Southwest Airlines Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $0.18 per share. The ex-dividend date is Thursday, September 3rd. This represents a $0.72 annualized dividend and a yield of 1.7%. Southwest Airlines's dividend payout ratio is presently 44.17%.
Analyst Ratings Changes
Several brokerages have issued reports on LUV. Susquehanna raised their price objective on shares of Southwest Airlines from $44.00 to $55.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 7th. Barclays upped their target price on Southwest Airlines from $56.00 to $65.00 and gave the company an "overweight" rating in a research report on Thursday, June 25th. Jefferies Financial Group lifted their price target on Southwest Airlines from $44.00 to $50.00 and gave the stock a "hold" rating in a report on Wednesday, July 1st. Evercore upped their price objective on Southwest Airlines from $44.00 to $52.00 in a report on Thursday, June 25th. Finally, The Goldman Sachs Group increased their price objective on Southwest Airlines from $30.00 to $35.00 and gave the stock a "sell" rating in a research report on Thursday, July 2nd. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $49.55.
Check Out Our Latest Research Report on LUV
Southwest Airlines Profile
(
Free Report)
Southwest Airlines Co is a U.S.-based low-cost carrier that operates a point-to-point domestic and near-international airline network. Headquartered in Dallas, Texas, the company primarily flies Boeing 737 aircraft and offers no-frills, single-class service designed to keep fares competitive. Southwest's operating model emphasizes high aircraft utilization, quick turnaround times and an open seating policy, allowing customers to board and select seats on a first-come, first-served basis.
Founded in 1967 by Herb Kelleher and Rollin King as Air Southwest Company, Southwest began commercial service in 1971, initially connecting Dallas, Houston and San Antonio.
Further Reading
Want to see what other hedge funds are holding LUV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Southwest Airlines Co. (NYSE:LUV - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Southwest Airlines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Southwest Airlines wasn't on the list.
While Southwest Airlines currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
