SWX stock icon

Southwest Gas
SWX

$73.78
1.78%

Market Cap: 5.29B

 

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

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

637% more call options, than puts

Call options by funds: $1.35M | Put options by funds: $183K

46.16% more ownership

Funds ownership: 92.72% [Q4 2023] → 138.88% (+46.16%) [Q1 2024]

19% more capital invested

Capital invested by funds: $4.2B [Q4 2023] → $5.01B (+$814M) [Q1 2024]

13% more funds holding in top 10

Funds holding in top 10: 8 [Q4 2023] → 9 (+1) [Q1 2024]

0% less funds holding

Funds holding: 278 [Q4 2023] → 277 (-1) [Q1 2024]

3% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 39

29% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 114

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$73
1%
downside
Avg. target
$75
2%
upside
High target
$77
4%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Wells Fargo
Sarah Akers
4%upside
$77
Equal-Weight
Reinstated
13 May 2024
Citigroup
Ryan Levine
1%downside
$73
Neutral
Maintained
29 Feb 2024

Financial journalist opinion