Sound Shore Management Inc. CT Has $104.18 Million Stake in Southwest Airlines Co. $LUV

Posted by Francis Steltz on Jun 4th, 2026

Sound Shore Management Inc. CT lessened its stake in Southwest Airlines Co. (NYSE:LUV – Free Report) by 0.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,520,697 shares of the airline’s stock after selling 16,940 shares during the period. Southwest Airlines comprises about 3.3% of Sound Shore Management Inc. CT’s holdings, making the stock its 7th biggest position. Sound Shore Management Inc. CT’s holdings in Southwest Airlines were worth $104,180,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. GHP Investment Advisors Inc. bought a new stake in shares of Southwest Airlines in the fourth quarter valued at about $26,000. Entrust Financial LLC bought a new position in Southwest Airlines during the fourth quarter worth about $26,000. Optima Capital LLC bought a new position in Southwest Airlines during the fourth quarter worth about $27,000. Lodestone Wealth Management LLC bought a new position in Southwest Airlines during the fourth quarter worth about $29,000. Finally, Abich Financial Wealth Management LLC bought a new position in Southwest Airlines during the third quarter worth about $35,000. Institutional investors own 80.82% of the company’s stock.

Southwest Airlines Stock Performance

NYSE:LUV opened at $41.09 on Thursday. Southwest Airlines Co. has a 1 year low of $28.98 and a 1 year high of $55.11. The firm has a 50 day moving average of $39.87 and a 200-day moving average of $41.79. The company has a current ratio of 0.48, a quick ratio of 0.41 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $20.08 billion, a P/E ratio of 26.51, a price-to-earnings-growth ratio of 0.46 and a beta of 1.15.

Southwest Airlines (NYSE:LUV – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The airline reported $0.45 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.45. Southwest Airlines had a net margin of 2.83% and a return on equity of 10.66%. The company had revenue of $7.25 billion during the quarter, compared to analysts’ expectations of $8.46 billion. During the same quarter in the previous year, the company posted ($0.13) earnings per share. Southwest Airlines’s quarterly revenue was up 12.8% compared to the same quarter last year. Southwest Airlines has set its Q2 2026 guidance at 0.350-0.650 EPS. As a group, sell-side analysts anticipate that Southwest Airlines Co. will post 2.81 EPS for the current fiscal year.

Southwest Airlines Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Thursday, June 11th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.8%. Southwest Airlines’s dividend payout ratio (DPR) is currently 46.45%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on LUV. Wells Fargo & Company cut their price target on shares of Southwest Airlines from $50.00 to $44.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Wall Street Zen cut shares of Southwest Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. BMO Capital Markets cut their price target on shares of Southwest Airlines from $57.50 to $45.00 and set an “outperform” rating for the company in a research note on Tuesday, March 31st. JPMorgan Chase & Co. cut their price target on shares of Southwest Airlines from $58.00 to $56.00 in a research note on Friday, March 27th. Finally, Bank of America cut their price target on shares of Southwest Airlines from $42.00 to $40.00 and set an “underperform” rating for the company in a research note on Wednesday, April 1st. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, Southwest Airlines presently has an average rating of “Hold” and a consensus target price of $44.21.

Get Our Latest Stock Report on LUV

About Southwest Airlines

(Free Report)

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.