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

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 Stock Up 0.0 %

NYSE LUV opened at $29.89 on Friday. Southwest Airlines Co. has a 52 week low of $23.58 and a 52 week high of $36.12. The company has a quick ratio of 0.85, a current ratio of 0.92 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $17.93 billion, a P/E ratio of 41.52, a price-to-earnings-growth ratio of 0.97 and a beta of 1.14. The stock’s 50-day moving average price is $32.62 and its 200-day moving average price is $30.61.

Southwest Airlines (NYSE:LUV) last announced its quarterly earnings results on Thursday, January 30th. The airline reported $0.56 EPS for the quarter, topping the consensus estimate of $0.45 by $0.11. Southwest Airlines had a net margin of 1.69% and a return on equity of 5.77%. On average, equities research analysts predict that Southwest Airlines Co. will post 1.59 earnings per share for the current year.

Southwest Airlines Announces Dividend

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

Insider Buying and Selling at Southwest Airlines

In other Southwest Airlines news, insider Linda B. Rutherford sold 3,849 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The shares were 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 directly owns 89,376 shares in the company, valued at $3,074,534.40. The trade was a 4.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on LUV. Bank of America reiterated an “underperform” rating and issued a $31.00 price target (down previously from $33.00) on shares of Southwest Airlines in a report on Friday, January 17th. Raymond James lifted their target price on shares of Southwest Airlines from $36.00 to $40.00 and gave the stock an “outperform” rating in a research note on Monday, December 30th. Citigroup reaffirmed a “sell” rating and set a $29.50 target price (down previously from $31.50) on shares of Southwest Airlines in a report on Thursday, January 16th. JPMorgan Chase & Co. lifted their price target on Southwest Airlines from $20.00 to $26.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $42.00 price objective on shares of Southwest Airlines in a report on Wednesday, December 11th. Six research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, Southwest Airlines has an average rating of “Hold” and an average price target of $31.78.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. City State Bank grew its holdings in Southwest Airlines by 55.8% during the 3rd quarter. City State Bank now owns 1,955 shares of the airline’s stock worth $58,000 after acquiring an additional 700 shares during the period. Exchange Traded Concepts LLC acquired a new position in Southwest Airlines during the third quarter valued at approximately $313,000. CVA Family Office LLC raised its stake in Southwest Airlines by 60.6% during the 3rd quarter. CVA Family Office LLC now owns 1,661 shares of the airline’s stock worth $49,000 after buying an additional 627 shares during the period. Paladin Wealth LLC acquired a new position in shares of Southwest Airlines in the 3rd quarter valued at approximately $457,000. Finally, Opal Wealth Advisors LLC increased its position in shares of Southwest Airlines by 99.4% during the third quarter. Opal Wealth Advisors LLC now owns 8,271 shares of the airline’s stock worth $245,000 after acquiring an additional 4,124 shares in the last quarter. Institutional investors and hedge funds 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.