Southwest Gas Corporation $SWX Shares Purchased by Strs Ohio

06 Nov 2025, 04:00 by Renee Jackson · The Cerbat Gem

Strs Ohio boosted its holdings in Southwest Gas Corporation (NYSE:SWX – Free Report) by 11.1% during the second quarter, Holdings Channel.com reports. The fund owned 18,000 shares of the utilities provider’s stock after acquiring an additional 1,800 shares during the period. Strs Ohio’s holdings in Southwest Gas were worth $1,339,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SWX. Private Trust Co. NA purchased a new position in Southwest Gas in the 2nd quarter valued at about $25,000. Headlands Technologies LLC lifted its holdings in Southwest Gas by 144.0% in the 1st quarter. Headlands Technologies LLC now owns 510 shares of the utilities provider’s stock valued at $37,000 after purchasing an additional 301 shares in the last quarter. Quarry LP lifted its holdings in Southwest Gas by 118.3% in the 1st quarter. Quarry LP now owns 751 shares of the utilities provider’s stock valued at $54,000 after purchasing an additional 407 shares in the last quarter. ST Germain D J Co. Inc. lifted its holdings in Southwest Gas by 194.6% in the 2nd quarter. ST Germain D J Co. Inc. now owns 813 shares of the utilities provider’s stock valued at $60,000 after purchasing an additional 537 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Southwest Gas by 78.8% in the 1st quarter. GAMMA Investing LLC now owns 869 shares of the utilities provider’s stock valued at $62,000 after purchasing an additional 383 shares in the last quarter. 92.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, major shareholder Carl C. Icahn sold 1,500,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $77.91, for a total value of $116,865,000.00. Following the transaction, the insider owned 6,032,604 shares in the company, valued at approximately $470,000,177.64. This trade represents a 19.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.39% of the company’s stock.

Southwest Gas Trading Down 4.1%

Shares of SWX stock opened at $78.97 on Thursday. The firm has a market cap of $5.68 billion, a P/E ratio of 29.47, a PEG ratio of 2.28 and a beta of 0.55. Southwest Gas Corporation has a 1-year low of $64.69 and a 1-year high of $82.51. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.01 and a quick ratio of 0.94. The firm’s 50-day simple moving average is $79.04 and its 200-day simple moving average is $76.19.

Southwest Gas (NYSE:SWX – Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $3.74 earnings per share for the quarter, topping the consensus estimate of $0.09 by $3.65. Southwest Gas had a net margin of 4.06% and a return on equity of 6.98%. The business had revenue of $316.91 million for the quarter, compared to analyst estimates of $1.08 billion. During the same period in the prior year, the firm posted $0.09 EPS. The company’s revenue was down 11.8% on a year-over-year basis. As a group, equities analysts forecast that Southwest Gas Corporation will post 3.03 EPS for the current year.

Southwest Gas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be issued a $0.62 dividend. The ex-dividend date is Monday, November 17th. This represents a $2.48 annualized dividend and a yield of 3.1%. Southwest Gas’s dividend payout ratio (DPR) is presently 92.54%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Bank of America upgraded shares of Southwest Gas from a “neutral” rating to a “buy” rating and upped their target price for the company from $76.00 to $84.00 in a report on Friday, August 29th. Mizuho assumed coverage on shares of Southwest Gas in a report on Wednesday, October 29th. They issued an “outperform” rating and a $91.00 target price on the stock. Zacks Research upgraded shares of Southwest Gas from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. Weiss Ratings restated a “hold (c)” rating on shares of Southwest Gas in a report on Wednesday, October 8th. Finally, Jefferies Financial Group increased their price objective on shares of Southwest Gas from $82.00 to $88.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $84.50.

Get Our Latest Analysis on SWX

Southwest Gas Company Profile

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