After this afternoon's 1.9% surge to $31.59 per share, Southwest Airlines might just keep moving past its target price of $31.7. With an average analyst rating of hold, and target prices from $24.0 to $42.0, the stock's next move is anyone's guess.
Southwest Airlines has an average level of shares sold short, at 8.9% of its total share float. The stock's short ratio (also called days to cover) is 4.57. The company's insiders own 0.4% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 87.6% of Southwest Airlines's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Southwest Airlines
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 12% | 68,653,945 | $2,169,121,345 |
| 2024-12-31 | Elliott Investment Management L.P. | 10% | 59,666,500 | $1,885,163,026 |
| 2024-12-31 | Capital World Investors | 10% | 57,531,489 | $1,817,707,355 |
| 2024-12-31 | Primecap Management Company | 8% | 48,900,053 | $1,544,997,140 |
| 2024-12-31 | State Street Corporation | 6% | 38,126,389 | $1,204,603,234 |
| 2024-12-31 | Blackrock Inc. | 6% | 34,868,798 | $1,101,679,648 |
| 2024-12-31 | Franklin Resources, Inc. | 6% | 32,978,869 | $1,041,967,343 |
| 2024-12-31 | Price (T.Rowe) Associates Inc | 4% | 25,663,936 | $810,852,040 |
| 2024-12-31 | Geode Capital Management, LLC | 2% | 14,152,996 | $447,163,898 |
| 2024-12-31 | Artisan Partners Limited Partnership | 2% | 10,901,974 | $344,447,861 |
