Vanguard Group Inc. Has $561.05 Million Holdings in Southwest Gas Corporation $SWX

Key Points

• Vanguard Group trimmed its Q4 holding in Southwest Gas by 0.6% (sold 41,567 shares) and now owns 7,011,420 shares — a 9.71% stake valued at $561.05 million.
• Southwest Gas missed Q4 estimates (EPS $1.36 vs. $1.40; revenue $480.74M, down 13.1% YoY) but issued FY2026 guidance of 4.170–4.320 EPS, roughly in line with analysts' consensus (~4.27).
• The company raised its quarterly dividend to $0.645 (annualized $2.58) for a ~2.8% yield, up from $0.62; the ex-dividend date is May 15 and payment is June 1.

Vanguard Group Inc. cut its position in Southwest Gas Corporation (NYSE:SWX - Free Report) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,011,420 shares of the utilities provider's stock after selling 41,567 shares during the period. Vanguard Group Inc. owned 9.71% of Southwest Gas worth $561,054,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Arizona State Retirement System boosted its position in Southwest Gas by 0.9% in the fourth quarter. Arizona State Retirement System now owns 17,184 shares of the utilities provider's stock valued at $1,375,000 after buying an additional 161 shares in the last quarter. Peregrine Capital Management LLC boosted its position in Southwest Gas by 4.4% in the fourth quarter. Peregrine Capital Management LLC now owns 65,318 shares of the utilities provider's stock valued at $5,227,000 after buying an additional 2,733 shares in the last quarter. M&T Bank Corp raised its stake in shares of Southwest Gas by 256.3% in the fourth quarter. M&T Bank Corp now owns 10,163 shares of the utilities provider's stock worth $813,000 after acquiring an additional 7,311 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in shares of Southwest Gas by 2.4% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 23,868 shares of the utilities provider's stock worth $1,910,000 after acquiring an additional 549 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Southwest Gas by 26.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,140 shares of the utilities provider's stock worth $1,452,000 after acquiring an additional 3,793 shares during the last quarter. 92.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Wall Street Zen downgraded shares of Southwest Gas from a "hold" rating to a "sell" rating in a research note on Saturday, April 18th. Mizuho set a $96.00 target price on shares of Southwest Gas in a research note on Wednesday, February 11th. Finally, Citigroup raised shares of Southwest Gas from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $82.00 to $99.00 in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $88.40.

Southwest Gas Stock Down 0.1%

Shares of NYSE SWX opened at $93.14 on Tuesday. The stock has a market cap of $6.74 billion, a P/E ratio of 14.18, a P/E/G ratio of 2.38 and a beta of 0.62. The firm has a 50 day moving average price of $88.72 and a 200 day moving average price of $84.18. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.18 and a current ratio of 1.28. Southwest Gas Corporation has a 52-week low of $66.93 and a 52-week high of $94.43.

Southwest Gas (NYSE:SWX - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $1.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.40 by ($0.04). The firm had revenue of $480.74 million for the quarter, compared to analyst estimates of $587.01 million. Southwest Gas had a net margin of 14.77% and a return on equity of 6.62%. The firm's revenue for the quarter was down 13.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.39 EPS. Southwest Gas has set its FY 2026 guidance at 4.170-4.320 EPS. Analysts expect that Southwest Gas Corporation will post 4.27 EPS for the current year.

Southwest Gas Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be issued a $0.645 dividend. This represents a $2.58 annualized dividend and a dividend yield of 2.8%. This is a boost from Southwest Gas's previous quarterly dividend of $0.62. The ex-dividend date is Friday, May 15th. Southwest Gas's dividend payout ratio is currently 37.75%.

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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