Southwest Airlines Co. $LUV Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC trimmed its position in Southwest Airlines Co. (NYSE:LUV) by 1.1% in the fourth quarter, Holdings Channel reports. The firm owned 12,891,913 shares of the airline’s stock after selling 142,985 shares during the quarter. Geode Capital Management LLC’s holdings in Southwest Airlines were worth $531,877,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. World Investment Advisors increased its holdings in Southwest Airlines by 1.0% in the fourth quarter. World Investment Advisors now owns 21,148 shares of the airline’s stock valued at $843,000 after buying an additional 210 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Southwest Airlines by 1.5% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 16,437 shares of the airline’s stock valued at $682,000 after buying an additional 235 shares during the last quarter. Transcend Capital Advisors LLC increased its holdings in Southwest Airlines by 4.2% in the fourth quarter. Transcend Capital Advisors LLC now owns 6,726 shares of the airline’s stock valued at $278,000 after buying an additional 272 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in 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 buying an additional 315 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its holdings in Southwest Airlines by 1.4% in the second quarter. Benjamin Edwards Inc. now owns 24,857 shares of the airline’s stock valued at $806,000 after buying an additional 333 shares during the last quarter. 80.82% of the stock is owned by institutional investors.

Southwest Airlines Stock Performance

Shares of LUV stock opened at $42.98 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 business has a 50 day moving average of $39.76 and a two-hundred day moving average of $41.53. Southwest Airlines Co. has a 52 week low of $28.98 and a 52 week high of $55.11. The company has a market cap of $21.00 billion, a P/E ratio of 27.73, a PEG ratio of 0.47 and a beta of 1.12.

Southwest Airlines (NYSE:LUV) last issued its earnings results on Wednesday, April 22nd. The airline reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.45. Southwest Airlines had a return on equity of 10.66% and a net margin of 2.83%.The company had revenue of $7.25 billion during the quarter, compared to the consensus estimate of $8.46 billion. During the same period in the previous year, the firm posted ($0.13) earnings per share. Southwest Airlines’s quarterly revenue was up 12.8% compared to the same quarter last year. Southwest Airlines has set its Q2 2026 guidance at 0.350-0.650 EPS. As a group, analysts anticipate that Southwest Airlines Co. will post 2.81 EPS for the current year.

Southwest Airlines Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Thursday, June 11th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Thursday, June 11th. Southwest Airlines’s payout ratio is presently 46.45%.

Wall Street Analysts Forecast Growth

LUV has been the subject of several research analyst reports. TD Cowen boosted their price objective on Southwest Airlines from $46.00 to $47.00 and gave the company a “buy” rating in a report on Monday, April 27th. Wall Street Zen lowered Southwest Airlines from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Jefferies Financial Group lowered their price objective on Southwest Airlines from $42.00 to $37.00 and set a “hold” rating for the company in a report on Monday, April 27th. Evercore boosted their price objective on Southwest Airlines from $43.00 to $44.00 in a report on Friday, April 24th. Finally, The Goldman Sachs Group lowered their price objective on Southwest Airlines from $32.00 to $30.00 and set a “sell” rating for the company in a report on Wednesday, April 1st. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $43.96.

Southwest Airlines Company 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.