Gabelli Funds LLC Cuts Stock Position in Southwest Gas Corporation $SWX

Posted by on Jul 25th, 2026

Gabelli Funds LLC cut its stake in shares of Southwest Gas Corporation (NYSE:SWX – Free Report) by 4.8% in the first quarter, HoldingsChannel.com reports. The fund owned 966,089 shares of the utilities provider’s stock after selling 48,198 shares during the period. Gabelli Funds LLC’s holdings in Southwest Gas were worth $83,953,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC grew its position in shares of Southwest Gas by 223.5% in the second quarter. EverSource Wealth Advisors LLC now owns 440 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 304 shares during the period. Kingdom Financial Group LLC. acquired a new position in shares of Southwest Gas during the 4th quarter worth about $56,000. Harbour Investments Inc. lifted its stake in Southwest Gas by 301.0% in the 4th quarter. Harbour Investments Inc. now owns 834 shares of the utilities provider’s stock valued at $67,000 after buying an additional 626 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in Southwest Gas by 21.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 939 shares of the utilities provider’s stock worth $70,000 after buying an additional 165 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in Southwest Gas in the 3rd quarter worth about $72,000. 92.77% of the stock is owned by hedge funds and other institutional investors.

Southwest Gas Stock Up 0.0%

SWX stock opened at $93.05 on Friday. The company has a market cap of $6.73 billion, a price-to-earnings ratio of 13.49, a PEG ratio of 2.20 and a beta of 0.58. The company has a current ratio of 1.45, a quick ratio of 1.32 and a debt-to-equity ratio of 0.84. Southwest Gas Corporation has a 12 month low of $75.75 and a 12 month high of $94.46. The firm has a 50-day moving average of $89.42 and a two-hundred day moving average of $87.88.

Southwest Gas (NYSE:SWX – Get Free Report) last released its earnings results on Tuesday, May 5th. The utilities provider reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.88 by $0.03. The business had revenue of $585.12 million for the quarter, compared to analyst estimates of $695.52 million. Southwest Gas had a net margin of 19.95% and a return on equity of 6.95%. The business’s revenue was down 21.6% on a year-over-year basis. During the same period last year, the company posted $1.58 EPS. Southwest Gas has set its FY 2026 guidance at 4.170-4.320 EPS. As a group, analysts forecast that Southwest Gas Corporation will post 4.27 earnings per share for the current fiscal year.

Southwest Gas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be given a dividend of $0.645 per share. The ex-dividend date is Monday, August 17th. This represents a $2.58 dividend on an annualized basis and a yield of 2.8%. Southwest Gas’s dividend payout ratio (DPR) is presently 37.39%.

Analysts Set New Price Targets

A number of equities analysts have commented on SWX shares. JPMorgan Chase & Co. raised Southwest Gas from a “neutral” rating to an “overweight” rating and set a $100.00 target price for the company in a report on Thursday, May 7th. Wells Fargo & Company began coverage on Southwest Gas in a research note on Monday, May 11th. They issued an “overweight” rating and a $105.00 price target on the stock. UBS Group set a $100.00 price target on Southwest Gas in a research report on Thursday, May 7th. Citigroup raised their price objective on Southwest Gas from $99.00 to $106.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings raised shares of Southwest Gas from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $97.29.

Read Our Latest Stock Analysis on Southwest Gas

About Southwest Gas

(Free Report)

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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Institutional Ownership by Quarter for Southwest Gas (NYSE:SWX)

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