Cibc World Market Inc. Acquires 214,092 Shares of Southwest Airlines Co. $LUV

Cibc World Market Inc. lifted its holdings in shares of Southwest Airlines Co. (NYSE:LUV) by 12.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,916,003 shares of the airline’s stock after buying an additional 214,092 shares during the period. Cibc World Market Inc. owned about 0.37% of Southwest Airlines worth $61,140,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. RWA Wealth Partners LLC acquired a new position in shares of Southwest Airlines during the 2nd quarter worth approximately $1,652,000. Hussman Strategic Advisors Inc. bought a new position in shares of Southwest Airlines in the third quarter valued at $2,010,000. Howard Capital Management Inc. grew its stake in shares of Southwest Airlines by 8.3% in the second quarter. Howard Capital Management Inc. now owns 127,218 shares of the airline’s stock valued at $4,150,000 after buying an additional 9,739 shares in the last quarter. Gradient Investments LLC increased its holdings in Southwest Airlines by 5.4% during the third quarter. Gradient Investments LLC now owns 578,088 shares of the airline’s stock worth $18,447,000 after buying an additional 29,665 shares during the last quarter. Finally, Rhumbline Advisers raised its position in Southwest Airlines by 30.1% during the second quarter. Rhumbline Advisers now owns 1,406,652 shares of the airline’s stock worth $45,632,000 after acquiring an additional 325,030 shares in the last quarter. Institutional investors and hedge funds own 80.82% of the company’s stock.

Southwest Airlines Trading Up 1.4%

Shares of NYSE:LUV opened at $54.09 on Wednesday. Southwest Airlines Co. has a 12-month low of $23.82 and a 12-month high of $54.70. The business has a 50 day moving average of $43.20 and a 200-day moving average of $36.00. The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 0.57. The stock has a market cap of $26.58 billion, a PE ratio of 64.39, a P/E/G ratio of 0.38 and a beta of 1.15.

Southwest Airlines (NYSE:LUV) last announced its earnings results on Wednesday, January 28th. The airline reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The company had revenue of $7.44 billion for the quarter, compared to analyst estimates of $7.51 billion. Southwest Airlines had a return on equity of 6.18% and a net margin of 1.57%.The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.56 earnings per share. Southwest Airlines has set its FY 2026 guidance at 4.000- EPS and its Q1 2026 guidance at 0.450- EPS. As a group, equities research analysts forecast that Southwest Airlines Co. will post 1.55 earnings per share for the current year.

Southwest Airlines Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, March 12th will be paid a $0.18 dividend. The ex-dividend date is Thursday, March 12th. This represents a $0.72 annualized dividend and a dividend yield of 1.3%. Southwest Airlines’s dividend payout ratio is 85.71%.

Analyst Ratings Changes

LUV has been the subject of a number of analyst reports. Morgan Stanley lifted their price objective on shares of Southwest Airlines from $50.00 to $55.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. BMO Capital Markets upgraded Southwest Airlines from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $43.00 to $57.50 in a report on Friday, January 30th. UBS Group boosted their price target on Southwest Airlines from $45.00 to $51.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Seaport Research Partners raised their price objective on Southwest Airlines from $57.00 to $58.00 in a research report on Thursday, January 29th. Finally, BNP Paribas Exane lifted their target price on Southwest Airlines from $19.00 to $24.00 and gave the stock an “underperform” rating in a research note on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $46.92.

About Southwest Airlines

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.