Rep. Gilbert Ray Cisneros, Jr. Sells Southwest Airlines Co. (NYSE:LUV) Stock

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Southwest Airlines Co. (NYSE:LUV). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Southwest Airlines stock on February 26th. 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):

• Purchased $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 3/3/2025.
• Purchased $1,001 – $15,000 in shares of Hillman Solutions (NASDAQ:HLMN) on 3/3/2025.
• Sold $1,001 – $15,000 in shares of Ford Motor (NYSE:F) on 2/26/2025.
• Purchased $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/26/2025.
• Sold $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 2/26/2025.
• Purchased $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 2/26/2025.
• Sold $1,001 – $15,000 in shares of General Motors (NYSE:GM) on 2/26/2025.
• Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 2/26/2025.
• Sold $1,001 – $15,000 in shares of Akamai Technologies (NASDAQ:AKAM) on 2/26/2025.
• Sold $1,001 – $15,000 in shares of Danaher (NYSE:DHR) on 2/26/2025.

Southwest Airlines Price Performance

LUV stock opened at $29.20 on Friday. The company has a market capitalization of $17.30 billion, a P/E ratio of 40.55, a price-to-earnings-growth ratio of 0.97 and a beta of 1.10. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.85 and a current ratio of 0.92. Southwest Airlines Co. has a 52-week low of $23.58 and a 52-week high of $36.12. The business has a 50-day simple moving average of $31.44 and a two-hundred day simple moving average of $31.14.

Southwest Airlines (NYSE:LUV) last released its quarterly earnings results on Thursday, January 30th. The airline reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.11. Southwest Airlines had a return on equity of 5.77% and a net margin of 1.69%. Research analysts expect that Southwest Airlines Co. will post 1.55 EPS 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. Shareholders of record on Wednesday, March 12th will be paid a dividend of $0.18 per share. The ex-dividend date is Wednesday, March 12th. This represents a $0.72 dividend on an annualized basis and a yield of 2.47%. Southwest Airlines’s dividend payout ratio (DPR) is currently 100.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on LUV shares. Argus upgraded Southwest Airlines from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research note on Tuesday, February 11th. Barclays boosted their target price 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. The Goldman Sachs Group restated a “sell” rating and issued a $28.00 target price on shares of Southwest Airlines in a research note on Friday, November 15th. Morgan Stanley restated an “overweight” rating and issued a $42.00 target price on shares of Southwest Airlines in a research note on Wednesday, December 11th. Finally, TD Cowen boosted their target price on Southwest Airlines from $25.00 to $28.00 and gave the stock a “hold” rating in a research note on Friday, December 6th. Seven research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $31.72.

Institutional Investors Weigh In On Southwest Airlines

Several institutional investors have recently made changes to their positions in the stock. Alpha Wealth Funds LLC purchased a new stake in shares of Southwest Airlines during the fourth quarter worth $638,000. Pinnacle Wealth Planning Services Inc. purchased a new stake in shares of Southwest Airlines during the fourth quarter worth $206,000. Ameriflex Group Inc. purchased a new stake in shares of Southwest Airlines during the fourth quarter worth $131,000. Forum Financial Management LP lifted its position in shares of Southwest Airlines by 92.2% during the fourth quarter. Forum Financial Management LP now owns 16,599 shares of the airline’s stock worth $558,000 after acquiring an additional 7,963 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its position in shares of Southwest Airlines by 31.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 284,312 shares of the airline’s stock worth $9,559,000 after acquiring an additional 67,307 shares in the last quarter. Hedge funds and other institutional investors own 80.82% of the company’s stock.

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.

About Southwest Airlines

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.