Invst LLC Purchases Shares of 20,633 Southwest Airlines Co. $LUV

Invst LLC bought a new stake in Southwest Airlines Co. (NYSE:LUV) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 20,633 shares of the airline’s stock, valued at approximately $1,061,000.

Other institutional investors have also added to or reduced their stakes in the company. Jupiter Topco LLC acquired a new stake in Southwest Airlines in the 2nd quarter valued at $477,000. J. Goldman & Co LP acquired a new position in Southwest Airlines during the second quarter worth $6,885,000. Hsbc Holdings PLC bought a new position in shares of Southwest Airlines in the second quarter valued at $46,295,000. Primecap Management Co. CA bought a new position in shares of Southwest Airlines in the second quarter valued at $2,509,179,000. Finally, PDT Partners LLC acquired a new position in shares of Southwest Airlines during the second quarter valued at about $17,913,000. 80.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of Southwest Airlines from $60.00 to $59.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Barclays raised their price target on shares of Southwest Airlines from $56.00 to $65.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Evercore boosted their price objective on Southwest Airlines from $44.00 to $52.00 in a report on Thursday, June 25th. 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. Finally, Zacks Research raised Southwest Airlines from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 25th. Nine 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’s stock. According to MarketBeat, Southwest Airlines has a consensus rating of “Hold” and an average price target of $49.01.

Southwest Airlines Stock Performance

NYSE LUV opened at $40.87 on Wednesday. The company has a fifty day moving average price of $47.04 and a 200-day moving average price of $44.33. The firm has a market cap of $19.99 billion, a price-to-earnings ratio of 25.07, a PEG ratio of 0.36 and a beta of 1.14. 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 1 year low of $29.26 and a 1 year high of $55.11.

Southwest Airlines (NYSE:LUV) last released its quarterly earnings results on Wednesday, July 22nd. The airline reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.42. Southwest Airlines had a net margin of 2.78% and a return on equity of 14.15%. The company had revenue of $8.72 billion for the quarter, compared to analyst estimates of $8.58 billion. During the same period last year, the firm earned $0.43 earnings per share. The firm’s revenue was up 16.4% on a year-over-year basis. 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. As a group, equities research analysts predict that Southwest Airlines Co. will post 3.41 EPS for the current fiscal year.

Southwest Airlines Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $0.72 annualized dividend and a dividend yield of 1.8%. Southwest Airlines’s dividend payout ratio (DPR) is currently 44.17%.

Southwest Airlines Company Profile

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.