Southwest Gas
About: Southwest Gas Holdings Inc is a utility company engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas distribution and Utility Infrastructure Services units. The first of these encompasses the company's core natural gas business as distributors in the states of Arizona and Nevada. The natural gas distribution division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers. The Utility Infrastructure Services segment generates the other half of the company's total revenue from the underground piping contractor services that its subsidiary, Centuri Construction Group, provides.
Employees: 2,371
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
58% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 26
17% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 102
3% more funds holding
Funds holding: 296 [Q3] → 305 (+9) [Q4]
0.63% more ownership
Funds ownership: 90.6% [Q3] → 91.23% (+0.63%) [Q4]
3% less capital invested
Capital invested by funds: $4.78B [Q3] → $4.63B (-$155M) [Q4]
8% less call options, than puts
Call options by funds: $735K | Put options by funds: $799K
29% less funds holding in top 10
Funds holding in top 10: 7 [Q3] → 5 (-2) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
JP Morgan Richard Sunderland 43% 1-year accuracy 3 / 7 met price target | 6%downside $72 | Neutral Maintained | 28 Jan 2025 |
B of A Securities Ross Fowler 71% 1-year accuracy 17 / 24 met price target | 5%downside $73 | Underperform Reinstated | 13 Dec 2024 |
Financial journalist opinion
