Southwest Airlines Co. $LUV Stock Sold by North Dakota State Investment Board

Posted by Brian Himes on Nov 1st, 2026

North Dakota State Investment Board trimmed its position in Southwest Airlines Co. (NYSE:LUV – Free Report) by 49.5% during the third quarter, Holdings Channel.com reports. The firm owned 18,752 shares of the airline’s stock after selling 18,364 shares during the period. North Dakota State Investment Board’s holdings in Southwest Airlines were worth $781,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in LUV. Asset Management One Co. Ltd. boosted its stake in Southwest Airlines by 7.1% in the 3rd quarter. Asset Management One Co. Ltd. now owns 21,628 shares of the airline’s stock worth $901,000 after buying an additional 1,443 shares during the last quarter. Park Avenue Securities LLC raised its position in Southwest Airlines by 15.0% in the third quarter. Park Avenue Securities LLC now owns 7,106 shares of the airline’s stock valued at $296,000 after purchasing an additional 929 shares during the period. Apollon Wealth Management LLC lifted its position in Southwest Airlines by 15.2% during the 3rd quarter. Apollon Wealth Management LLC now owns 11,301 shares of the airline’s stock worth $471,000 after acquiring an additional 1,495 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its position in shares of Southwest Airlines by 12.7% during the third quarter. Kingswood Wealth Advisors LLC now owns 4,904 shares of the airline’s stock worth $204,000 after purchasing an additional 552 shares in the last quarter. Finally, Signaturefd LLC boosted its position in Southwest Airlines by 46.9% in the 3rd quarter. Signaturefd LLC now owns 13,055 shares of the airline’s stock valued at $544,000 after buying an additional 4,165 shares during the last quarter. Institutional investors and hedge funds own 80.82% of the company’s stock.

Southwest Airlines Stock Down 2.9%

LUV stock opened at $42.41 on Friday. The company has a quick ratio of 0.40, a current ratio of 0.47 and a debt-to-equity ratio of 0.51. Southwest Airlines Co. has a fifty-two week low of $29.26 and a fifty-two week high of $55.11. The firm’s 50-day simple moving average is $40.75 and its 200 day simple moving average is $43.49. The stock has a market cap of $20.76 billion, a PE ratio of 20.39, a price-to-earnings-growth ratio of 0.62 and a beta of 1.16.

Southwest Airlines (NYSE:LUV – Get Free Report) last posted its earnings results on Wednesday, October 21st. The airline reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. Southwest Airlines had a net margin of 3.34% and a return on equity of 18.05%. The firm had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.25 billion. During the same period in the previous year, the business posted $0.11 EPS. Southwest Airlines’s revenue was up 21.2% on a year-over-year basis. As a group, sell-side analysts predict that Southwest Airlines Co. will post 2.75 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Citigroup decreased their price objective on shares of Southwest Airlines from $55.00 to $50.00 and set a “neutral” rating for the company in a report on Friday, July 24th. JPMorgan Chase & Co. lowered their price objective on shares of Southwest Airlines from $59.00 to $58.00 and set an “overweight” rating for the company in a research report on Friday, October 23rd. Wall Street Zen lowered shares of Southwest Airlines from a “buy” rating to a “hold” rating in a research note on Saturday, September 5th. Barclays cut their target price on shares of Southwest Airlines from $65.00 to $58.00 and set an “overweight” rating on the stock in a report on Friday, September 11th. Finally, TD Cowen raised their target price on shares of Southwest Airlines from $47.00 to $48.00 and gave the stock a “buy” rating in a report on Thursday. Ten analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $47.51.

Read Our Latest Analysis on LUV

Southwest Airlines Company Profile

(Free Report)

Southwest Airlines Co is a major U.S. passenger airline headquartered in Dallas, Texas. The company provides scheduled air transportation for leisure and business travelers, with service connecting cities throughout the United States and selected destinations in Mexico, the Caribbean, and Central America.

Southwest is known for its predominantly domestic network and point-to-point operating model. In addition to passenger flights, the company offers ancillary services and air cargo transportation.