Catalyst Funds Management Pty Ltd Sells 21,900 Shares of Southwest Airlines Co. $LUV

Catalyst Funds Management Pty Ltd cut its holdings in Southwest Airlines Co. (NYSE:LUV) by 76.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,800 shares of the airline’s stock after selling 21,900 shares during the period. Catalyst Funds Management Pty Ltd’s holdings in Southwest Airlines were worth $281,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Ameriprise Financial Inc. boosted its holdings in Southwest Airlines by 43.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 12,335,167 shares of the airline’s stock worth $393,615,000 after buying an additional 3,753,183 shares during the period. JPMorgan Chase & Co. boosted its holdings in Southwest Airlines by 13.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,218,086 shares of the airline’s stock worth $389,879,000 after buying an additional 1,459,235 shares during the period. Invesco Ltd. boosted its holdings in Southwest Airlines by 9.2% in the 3rd quarter. Invesco Ltd. now owns 6,837,197 shares of the airline’s stock worth $218,175,000 after buying an additional 577,326 shares during the period. American Century Companies Inc. boosted its holdings in Southwest Airlines by 0.6% in the 3rd quarter. American Century Companies Inc. now owns 4,425,339 shares of the airline’s stock worth $141,213,000 after buying an additional 26,608 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Southwest Airlines by 2,468.4% in the 4th quarter. SG Americas Securities LLC now owns 3,752,352 shares of the airline’s stock worth $155,085,000 after buying an additional 3,606,255 shares during the period. 80.82% of the stock is owned by institutional investors.

Southwest Airlines Stock Performance

Southwest Airlines stock opened at $40.85 on Monday. The firm’s fifty day moving average price is $39.47 and its 200-day moving average price is $41.20. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.41 and a current ratio of 0.48. The stock has a market cap of $19.96 billion, a P/E ratio of 26.35, a price-to-earnings-growth ratio of 0.45 and a beta of 1.12. Southwest Airlines Co. has a fifty-two week low of $28.98 and a fifty-two week high of $55.11.

Southwest Airlines (NYSE:LUV) last posted its quarterly earnings data on Wednesday, April 22nd. The airline reported $0.45 earnings per share for the quarter, meeting the consensus estimate of $0.45. The firm had revenue of $7.25 billion for the quarter, compared to analysts’ expectations of $8.46 billion. Southwest Airlines had a net margin of 2.83% and a return on equity of 10.66%. The business’s quarterly revenue was up 12.8% on a year-over-year basis. During the same quarter last year, the company posted ($0.13) EPS. Southwest Airlines has set its Q2 2026 guidance at 0.350-0.650 EPS. On average, equities research analysts expect that Southwest Airlines Co. will post 2.76 earnings per share for the current fiscal year.

Southwest Airlines Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders 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 1.8%. Southwest Airlines’s dividend payout ratio (DPR) is 46.45%.

Analyst Upgrades and Downgrades

LUV has been the subject of several analyst reports. BNP Paribas Exane raised their price target on shares of Southwest Airlines from $24.00 to $33.00 and gave the company an “underperform” rating in a report on Tuesday, April 21st. 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 report on Monday, March 16th. Citigroup cut their price target on shares of Southwest Airlines from $54.00 to $44.00 and set a “neutral” rating for the company in a report on Friday, March 20th. Jefferies Financial Group cut their price target on shares of Southwest Airlines from $42.00 to $37.00 and set a “hold” rating for the company in a report on Monday, April 27th. Finally, Seaport Research Partners raised their price target on shares of Southwest Airlines from $57.00 to $58.00 in a report on Thursday, January 29th. Nine equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $44.11.

Southwest Airlines Profile

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.