Quantinno Capital Management LP Acquires 25,569 Shares of Southwest Gas Corporation $SWX

Key Points

• Quantinno Capital Management increased its Southwest Gas stake by 204.5% in the first quarter, acquiring 25,569 shares and bringing its total to 38,073 shares valued at approximately $3.3 million. Institutional investors collectively own 92.77% of the company.
• Southwest Gas reported quarterly EPS of $0.45, matching analyst estimates, but revenue fell 9.6% year over year to $358.15 million, below expectations. The company maintained fiscal 2026 EPS guidance of $4.17–$4.32.
• The utility announced a quarterly dividend of $0.645 per share, equivalent to a 2.8% annualized yield. Analysts remain broadly positive, with a consensus “Buy” rating and an average price target of $98.29.

Quantinno Capital Management LP grew its holdings in Southwest Gas Corporation (NYSE:SWX - Free Report) by 204.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,073 shares of the utilities provider's stock after acquiring an additional 25,569 shares during the period. Quantinno Capital Management LP owned 0.05% of Southwest Gas worth $3,309,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. EverSource Wealth Advisors LLC grew its position in shares of Southwest Gas by 223.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 440 shares of the utilities provider's stock valued at $33,000 after acquiring an additional 304 shares during the period. Kingdom Financial Group LLC. purchased a new position in Southwest Gas during the fourth quarter valued at $56,000. Harbour Investments Inc. grew its holdings in Southwest Gas by 301.0% during the fourth quarter. Harbour Investments Inc. now owns 834 shares of the utilities provider's stock valued at $67,000 after purchasing an additional 626 shares during the period. Advisory Services Network LLC bought a new stake in Southwest Gas during the third quarter valued at about $72,000. Finally, Daiwa Securities Group Inc. increased its position in Southwest Gas by 21.3% in the second quarter. Daiwa Securities Group Inc. now owns 939 shares of the utilities provider's stock worth $70,000 after buying an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 92.77% of the company's stock.

Southwest Gas Price Performance

Shares of Southwest Gas stock opened at $92.28 on Friday. The company has a market capitalization of $6.69 billion, a price-to-earnings ratio of 12.05, a PEG ratio of 2.19 and a beta of 0.57. The company has a quick ratio of 1.32, a current ratio of 0.83 and a debt-to-equity ratio of 0.89. The stock's 50-day simple moving average is $89.90 and its 200-day simple moving average is $88.51. Southwest Gas Corporation has a 52 week low of $75.75 and a 52 week high of $94.46.

Southwest Gas (NYSE:SWX - Get Free Report) last released its earnings results on Wednesday, August 5th. The utilities provider reported $0.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.45. Southwest Gas had a return on equity of 6.91% and a net margin of 31.85%.The firm had revenue of $358.15 million during the quarter, compared to analysts' expectations of $416.20 million. During the same quarter last year, the business posted ($0.18) earnings per share. The firm's revenue was down 9.6% on a year-over-year basis. Southwest Gas has set its FY 2026 guidance at 4.170-4.320 EPS. As a group, analysts expect that Southwest Gas Corporation will post 4.25 earnings per share for the current fiscal year.

Southwest Gas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be issued a $0.645 dividend. This represents a $2.58 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, August 17th. Southwest Gas's payout ratio is 33.68%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on SWX shares. JPMorgan Chase & Co. raised Southwest Gas from a "neutral" rating to an "overweight" rating and set a $100.00 price objective on the stock in a research report on Thursday, May 7th. Citigroup increased their target price on shares of Southwest Gas from $99.00 to $106.00 and gave the stock a "buy" rating in a report on Wednesday, May 6th. Wells Fargo & Company raised their target price on shares of Southwest Gas from $105.00 to $107.00 and gave the stock an "overweight" rating in a research note on Friday. Weiss Ratings reiterated a "buy (a-)" rating on shares of Southwest Gas in a research report on Monday, August 3rd. Finally, Wall Street Zen cut shares of Southwest Gas from a "hold" rating to a "sell" rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $98.29.

Southwest Gas Company Profile

Southwest Gas Corporation NYSE: SWX is a publicly traded natural gas utility that provides regulated gas distribution services to residential, commercial, industrial and electric generation customers. The company's core activities include the transportation, distribution and sale of natural gas through an extensive network of pipelines, service lines and metering facilities. Southwest Gas also offers related services such as system maintenance, pipeline safety inspections, emergency response and line extensions to support customer growth and ensure reliable gas delivery.

Founded in 1931 in southern Nevada, Southwest Gas has grown through strategic acquisitions and organic expansion to become one of the nation's larger natural gas utilities by customer count.

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