Blue Trust Inc. Buys 14,282 Shares of Southwest Airlines Co. $LUV

Blue Trust Inc. boosted its stake in shares of Southwest Airlines Co. (NYSE:LUVFree Report) by 852.1% in the 1st quarter, HoldingsChannel reports. The fund owned 15,958 shares of the airline’s stock after buying an additional 14,282 shares during the quarter. Blue Trust Inc.’s holdings in Southwest Airlines were worth $600,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of LUV. SHP Wealth Management purchased a new position in Southwest Airlines in the 4th quarter worth approximately $25,000. GHP Investment Advisors Inc. purchased a new stake in shares of Southwest Airlines during the fourth quarter valued at approximately $26,000. Entrust Financial LLC purchased a new stake in shares of Southwest Airlines during the fourth quarter valued at approximately $26,000. Los Angeles Capital Management LLC bought a new position in shares of Southwest Airlines in the fourth quarter worth approximately $26,000. Finally, Optima Capital LLC bought a new position in shares of Southwest Airlines in the fourth quarter worth approximately $27,000. 80.82% of the stock is currently owned by institutional investors.

Southwest Airlines Stock Performance

NYSE:LUV opened at $52.00 on Friday. The company has a quick ratio of 0.41, a current ratio of 0.48 and a debt-to-equity ratio of 0.66. The firm’s fifty day simple moving average is $42.37 and its 200 day simple moving average is $43.19. The stock has a market cap of $25.42 billion, a P/E ratio of 33.55, a price-to-earnings-growth ratio of 0.54 and a beta of 1.15. Southwest Airlines Co. has a twelve month low of $28.98 and a twelve month high of $55.11.

Southwest Airlines (NYSE:LUVGet Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The airline reported $0.45 EPS for the quarter, hitting the consensus estimate of $0.45. Southwest Airlines had a net margin of 2.83% and a return on equity of 10.66%. The business had revenue of $7.25 billion during the quarter, compared to analyst estimates of $8.46 billion. During the same period in the prior year, the business earned ($0.13) EPS. The company’s revenue for the quarter was up 12.8% on a year-over-year basis. Southwest Airlines has set its Q2 2026 guidance at 0.350-0.650 EPS. As a group, research analysts predict that Southwest Airlines Co. will post 2.93 EPS for the current 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 given a dividend of $0.18 per share. The ex-dividend date is Thursday, June 11th. This represents a $0.72 annualized dividend and a dividend yield of 1.4%. Southwest Airlines’s payout ratio is currently 46.45%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on LUV. UBS Group lifted their target price on shares of Southwest Airlines from $53.00 to $61.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Zacks Research raised shares of Southwest Airlines from a “strong sell” rating to a “hold” rating in a report on Thursday. Jefferies Financial Group boosted their price objective on shares of Southwest Airlines from $37.00 to $44.00 and gave the company a “hold” rating in a research report on Tuesday, June 16th. Susquehanna lowered their price objective on shares of Southwest Airlines from $55.00 to $42.00 and set a “neutral” rating for the company in a research note on Thursday, April 2nd. Finally, HSBC raised shares of Southwest Airlines from a “reduce” rating to a “hold” rating and upped their price objective for the company from $24.40 to $36.10 in a research note on Friday, April 24th. Nine equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $46.36.

Read Our Latest Analysis on Southwest Airlines

Southwest Airlines Profile

(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.

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Institutional Ownership by Quarter for Southwest Airlines (NYSE:LUV)

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