Strive Asset Management LLC Invests $638,000 in Southwest Airlines Co. $LUV

Strive Asset Management LLC acquired a new position in shares of Southwest Airlines Co. (NYSE:LUV) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,000 shares of the airline’s stock, valued at approximately $638,000.

Several other hedge funds and other institutional investors have also bought and sold shares of LUV. AQR Capital Management LLC raised its position in shares of Southwest Airlines by 100.6% in the 1st quarter. AQR Capital Management LLC now owns 39,347 shares of the airline’s stock worth $1,303,000 after acquiring an additional 19,729 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Southwest Airlines by 5.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,060 shares of the airline’s stock worth $2,050,000 after buying an additional 3,141 shares in the last quarter. Empowered Funds LLC grew its position in shares of Southwest Airlines by 7.6% during the 1st quarter. Empowered Funds LLC now owns 7,459 shares of the airline’s stock worth $250,000 after buying an additional 527 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Southwest Airlines by 9.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 450,223 shares of the airline’s stock valued at $14,568,000 after acquiring an additional 40,570 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its position in shares of Southwest Airlines by 81.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,056 shares of the airline’s stock valued at $34,000 after acquiring an additional 474 shares during the period. Institutional investors and hedge funds own 80.82% of the company’s stock.

Southwest Airlines Stock Down 2.2%

Shares of NYSE:LUV opened at $48.16 on Tuesday. The business’s 50 day moving average is $46.42 and its 200 day moving average is $38.06. Southwest Airlines Co. has a 12-month low of $23.82 and a 12-month high of $55.11. The stock has a market cap of $23.66 billion, a price-to-earnings ratio of 57.33, a PEG ratio of 0.35 and a beta of 1.10. The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 0.57.

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

Southwest Airlines Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Thursday, March 12th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Thursday, March 12th. Southwest Airlines’s payout ratio is presently 85.71%.

Wall Street Analysts Forecast Growth

LUV has been the subject of a number of research reports. TD Cowen upgraded shares of Southwest Airlines from a “hold” rating to a “buy” rating and raised their price target for the stock from $50.00 to $66.00 in a report on Friday. Susquehanna boosted their target price on Southwest Airlines from $45.00 to $55.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. Barclays upgraded Southwest Airlines from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $34.00 to $56.00 in a report on Tuesday, December 16th. UBS Group upgraded Southwest Airlines from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $51.00 to $73.00 in a report on Tuesday, February 17th. Finally, Citigroup increased their target price on Southwest Airlines from $44.00 to $54.00 in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Southwest Airlines has a consensus rating of “Hold” and an average price target of $49.03.

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.