Vise Technologies Inc. Takes Position in Southwest Airlines Co. $LUV

Vise Technologies Inc. purchased a new stake in Southwest Airlines Co. (NYSE:LUV - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,896 shares of the airline's stock, valued at approximately $1,280,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SHP Wealth Management acquired a new stake in Southwest Airlines during the 4th quarter valued at $25,000. Entrust Financial LLC purchased a new stake in shares of Southwest Airlines in the fourth quarter valued at $26,000. Los Angeles Capital Management LLC acquired a new stake in shares of Southwest Airlines in the fourth quarter worth $26,000. DV Equities LLC purchased a new position in shares of Southwest Airlines during the fourth quarter valued at $30,000. Finally, Scarborough Advisors LLC purchased a new position in shares of Southwest Airlines during the first quarter valued at $28,000. Institutional investors and hedge funds own 80.82% of the company's stock.

Southwest Airlines Stock Performance

Shares of LUV stock opened at $40.41 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.49 and a quick ratio of 0.42. Southwest Airlines Co. has a fifty-two week low of $29.26 and a fifty-two week high of $55.11. The stock's 50-day moving average is $47.28 and its two-hundred day moving average is $44.53. The firm has a market cap of $19.77 billion, a P/E ratio of 24.79, a PEG ratio of 0.36 and a beta of 1.14.

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 for the quarter, topping analysts' consensus estimates of $0.52 by $0.42. The company had revenue of $8.72 billion during the quarter, compared to the consensus estimate of $8.58 billion. Southwest Airlines had a return on equity of 14.15% and a net margin of 2.78%.The business's quarterly revenue was up 16.4% on a year-over-year basis. During the same period last year, the business earned $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. Analysts predict that Southwest Airlines Co. will post 3.41 earnings per share for the current fiscal year.

Southwest Airlines Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders 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 dividend yield of 1.8%. Southwest Airlines's dividend payout ratio is 44.17%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on LUV shares. BMO Capital Markets increased their price objective on Southwest Airlines from $58.50 to $60.00 and gave the stock an "outperform" rating in a research note on Friday, July 24th. Weiss Ratings upgraded Southwest Airlines from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday. Bank of America increased their price target on shares of Southwest Airlines from $40.00 to $45.00 and gave the stock an "underperform" rating in a research report on Wednesday, July 1st. Zacks Research upgraded shares of Southwest Airlines from a "strong sell" rating to a "hold" rating in a report on Thursday, June 25th. Finally, Wells Fargo & Company boosted their price objective on shares of Southwest Airlines from $44.00 to $50.00 and gave the company an "equal weight" rating in a research report on Tuesday, June 30th. Nine investment 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 data from MarketBeat, Southwest Airlines has an average rating of "Hold" and an average target price of $49.55.

About Southwest Airlines

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.

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