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

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 Down 0.5 %

LUV traded down $0.14 during trading hours on Thursday, reaching $29.75. The company’s stock had a trading volume of 6,021,199 shares, compared to its average volume of 8,230,458. The business’s 50-day moving average is $32.62 and its 200-day moving average is $30.61. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.92 and a quick ratio of 0.85. The stock has a market cap of $17.84 billion, a PE ratio of 41.31, a P/E/G ratio of 0.97 and a beta of 1.14. Southwest Airlines Co. has a fifty-two week low of $23.58 and a fifty-two week high of $36.12.

Southwest Airlines (NYSE:LUV) last announced its earnings results on Thursday, January 30th. The airline reported $0.56 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%. As a group, equities research analysts predict that Southwest Airlines Co. will post 1.59 earnings per share for the current fiscal year.

Southwest Airlines Dividend Announcement

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. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $0.72 annualized dividend and a yield of 2.42%. Southwest Airlines’s payout ratio is 100.00%.

Insider Transactions at Southwest Airlines

In related news, insider Linda B. Rutherford sold 3,849 shares of the stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $34.40, for a total value of $132,405.60. Following the completion of the transaction, the insider now owns 89,376 shares of the company’s stock, valued at $3,074,534.40. This represents a 4.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

LUV has been the topic of several recent research reports. Barclays boosted their price objective on shares of Southwest Airlines from $32.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday, December 6th. Morgan Stanley reissued an “overweight” rating and set a $42.00 price target on shares of Southwest Airlines in a report on Wednesday, December 11th. Susquehanna decreased their target price on shares of Southwest Airlines from $38.00 to $34.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. TD Cowen raised their price objective on shares of Southwest Airlines from $25.00 to $28.00 and gave the company a “hold” rating in a research note on Friday, December 6th. Finally, StockNews.com raised Southwest Airlines from a “sell” rating to a “hold” rating in a research note on Monday, October 28th. Six research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $31.78.

Institutional Investors Weigh In On Southwest Airlines

Large investors have recently bought and sold shares of the business. Kestra Investment Management LLC acquired a new position in Southwest Airlines during the 4th quarter worth $26,000. Raleigh Capital Management Inc. boosted its position in shares of Southwest Airlines by 186.7% in the fourth quarter. Raleigh Capital Management Inc. now owns 883 shares of the airline’s stock valued at $30,000 after acquiring an additional 575 shares during the period. Sanctuary Wealth Management L.L.C. grew its stake in shares of Southwest Airlines by 196.3% in the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 889 shares of the airline’s stock worth $30,000 after acquiring an additional 589 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in Southwest Airlines during the 3rd quarter valued at $33,000. Finally, TD Private Client Wealth LLC boosted its holdings in Southwest Airlines by 41.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,184 shares of the airline’s stock valued at $35,000 after purchasing an additional 345 shares during the period. 80.82% of the stock is currently owned by institutional investors.

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.