Southwest AirlinesLUV
Market Cap: $17.8B
About: Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 800 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights operated in a single, open-seating cabin configuration in a point-to-point network. In 2025, Southwest will modify its cabins to offer some seats with extra legroom and will update its ticketing process to offer assigned seats.
Employees: 74,081
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
20% more call options, than puts
Call options by funds: $639M | Put options by funds: $534M
13.66% more ownership
Funds ownership: 75.95% [Q1] → 89.61% (+13.66%) [Q2]
8% more capital invested
Capital invested by funds: $14.2B [Q1] → $15.3B (+$1.18B) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 8 [Q1] → 8 (+0) [Q2]
4% less funds holding
Funds holding: 768 [Q1] → 738 (-30) [Q2]
21% less repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 283
26% less first-time investments, than exits
New positions opened: 86 | Existing positions closed: 116
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Evercore ISI Group Duane Pfennigwerth 57% 1-year accuracy 4 / 7 met price target | 18%upside $35 | Outperform Upgraded | 3 Sept 2024 |
Bernstein David Vernon 55% 1-year accuracy 6 / 11 met price target | 19%downside $24 | Market Perform Maintained | 5 Aug 2024 |
Citigroup Stephen Trent 62% 1-year accuracy 13 / 21 met price target | 5%downside $28 | Neutral Maintained | 29 Jul 2024 |
Deutsche Bank Michael Linenberg 42% 1-year accuracy 5 / 12 met price target | 2%downside $29 | Hold Downgraded | 26 Jul 2024 |
TD Cowen Helane Becker 37% 1-year accuracy 7 / 19 met price target | 36%downside $19 | Hold Maintained | 17 Jul 2024 |
Financial journalist opinion
Based on 38 articles about LUV published over the past 30 days