Vise Technologies Inc. Buys Shares of 24,896 Southwest Airlines Co. $LUV

Vise Technologies Inc. purchased a new position in Southwest Airlines Co. (NYSE:LUVFree Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 24,896 shares of the airline’s stock, valued at approximately $1,280,000.

Other large investors also recently made changes to their positions in the company. MCF Advisors LLC raised its stake in shares of Southwest Airlines by 28.5% in the 4th quarter. MCF Advisors LLC now owns 915 shares of the airline’s stock valued at $38,000 after acquiring an additional 203 shares in the last quarter. World Investment Advisors boosted its position in Southwest Airlines by 1.0% during the fourth quarter. World Investment Advisors now owns 21,148 shares of the airline’s stock worth $843,000 after purchasing an additional 210 shares during the period. Parkside Financial Bank & Trust grew its holdings in Southwest Airlines by 7.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 3,063 shares of the airline’s stock valued at $127,000 after purchasing an additional 213 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Southwest Airlines by 1.5% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 16,437 shares of the airline’s stock valued at $682,000 after purchasing an additional 235 shares during the last quarter. Finally, Asset Management One Co. Ltd. raised its position in shares of Southwest Airlines by 1.7% in the fourth quarter. Asset Management One Co. Ltd. now owns 19,268 shares of the airline’s stock valued at $792,000 after purchasing an additional 315 shares during the period. Institutional investors own 80.82% of the company’s stock.

Southwest Airlines Stock Up 1.3%

Shares of LUV stock opened at $40.41 on Friday. Southwest Airlines Co. has a 12 month low of $29.26 and a 12 month high of $55.11. The firm has a market cap of $19.77 billion, a PE ratio of 24.79, a price-to-earnings-growth ratio of 0.36 and a beta of 1.14. The stock has a 50 day moving average of $47.28 and a 200-day moving average of $44.53. The company has a quick ratio of 0.42, a current ratio of 0.49 and a debt-to-equity ratio of 0.54.

Southwest Airlines (NYSE:LUVGet Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The airline reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.42. The company had revenue of $8.72 billion during the quarter, compared to analysts’ expectations of $8.58 billion. Southwest Airlines had a return on equity of 14.15% and a net margin of 2.78%.Southwest Airlines’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.43 earnings per share. 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. On average, equities analysts predict that Southwest Airlines Co. will post 3.41 EPS for the current year.

Southwest Airlines Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be issued a $0.18 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $0.72 dividend on an annualized basis and a yield of 1.8%. Southwest Airlines’s dividend payout ratio is 44.17%.

Wall Street Analysts Forecast Growth

LUV has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Southwest Airlines from a “hold” rating to a “buy” rating in a research note on Sunday, July 5th. Wells Fargo & Company raised their target price on shares of Southwest Airlines from $44.00 to $50.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 30th. Morgan Stanley lifted their target price on shares of Southwest Airlines from $60.00 to $65.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Susquehanna boosted their target price on shares of Southwest Airlines from $44.00 to $55.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. Finally, Citigroup decreased their price target 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. 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. According to MarketBeat, Southwest Airlines has an average rating of “Hold” and a consensus target price of $49.55.

Get Our Latest Analysis on LUV

Southwest Airlines Company 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.

Further Reading

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

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