Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Southwest Airlines Co. (NYSE:LUV)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Southwest Airlines Co. (NYSE:LUV). In a filing disclosed on February 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Southwest Airlines stock on January 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 2/3/2025.
• Purchased $15,001 – $50,000 in shares of CACI International (NYSE:CACI) on 1/31/2025.
• Purchased $50,001 – $100,000 in shares of Hawaiian Electric Industries (NYSE:HE) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Agios Pharmaceuticals (NASDAQ:AGIO) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of U.S. Physical Therapy (NYSE:USPH) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 1/29/2025.

Southwest Airlines Trading Up 0.4 %

NYSE LUV opened at $29.88 on Thursday. The company has a current ratio of 0.92, a quick ratio of 0.85 and a debt-to-equity ratio of 0.49. Southwest Airlines Co. has a 1-year low of $23.58 and a 1-year high of $36.12. The firm’s fifty day simple moving average is $32.70 and its 200-day simple moving average is $30.61. The company has a market capitalization of $17.92 billion, a PE ratio of 41.50, a price-to-earnings-growth ratio of 0.97 and a beta of 1.14.

Southwest Airlines (NYSE:LUV) last issued its earnings results on Thursday, January 30th. The airline reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.11. Southwest Airlines had a return on equity of 5.77% and a net margin of 1.69%. As a group, sell-side analysts anticipate that Southwest Airlines Co. will post 1.59 earnings per share for the current fiscal year.

Southwest Airlines Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 2.41%. The ex-dividend date is Wednesday, March 12th. Southwest Airlines’s dividend payout ratio is currently 100.00%.

Insider Transactions at Southwest Airlines

In related news, insider Linda B. Rutherford sold 3,849 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $34.40, for a total transaction of $132,405.60. Following the completion of the transaction, the insider now owns 89,376 shares in the company, valued at $3,074,534.40. This trade represents a 4.13 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.33% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sanctuary Advisors LLC increased its position in shares of Southwest Airlines by 32.9% during the third quarter. Sanctuary Advisors LLC now owns 65,831 shares of the airline’s stock valued at $2,105,000 after purchasing an additional 16,293 shares during the period. Olstein Capital Management L.P. boosted its stake in Southwest Airlines by 33.7% during the third quarter. Olstein Capital Management L.P. now owns 258,000 shares of the airline’s stock worth $7,645,000 after buying an additional 65,000 shares in the last quarter. Mizuho Securities USA LLC increased its holdings in Southwest Airlines by 6,414.5% in the 3rd quarter. Mizuho Securities USA LLC now owns 3,006,000 shares of the airline’s stock valued at $89,068,000 after buying an additional 2,959,857 shares during the period. Highland Peak Capital LLC acquired a new position in shares of Southwest Airlines in the 3rd quarter valued at $2,963,000. Finally, Vista Investment Partners LLC acquired a new position in shares of Southwest Airlines in the 4th quarter valued at $614,000. Institutional investors own 80.82% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. The Goldman Sachs Group reissued a “sell” rating and issued a $28.00 target price on shares of Southwest Airlines in a research report on Friday, November 15th. Argus upgraded shares of Southwest Airlines from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a report on Tuesday. JPMorgan Chase & Co. raised their target price on Southwest Airlines from $20.00 to $26.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Barclays upped their price target on Southwest Airlines from $32.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Friday, December 6th. Finally, Citigroup reissued a “sell” rating and issued a $29.50 price objective (down from $31.50) on shares of Southwest Airlines in a research note on Thursday, January 16th. Six research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Southwest Airlines presently has an average rating of “Hold” and an average target price of $31.78.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Southwest Airlines Company Profile

Southwest Airlines Co operates as a passenger airline company that provides scheduled air transportation services in the United States and near-international markets. As of December 31, 2023, the company operated a total fleet of 817 Boeing 737 aircraft; and served 121 destinations in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as ten near-international countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, Belize, Cuba, the Cayman Islands, and Turks and Caicos.