LUV

SOUTHWEST AIRLINES CO

NYSE · Air Transportation, Scheduled · Inc. TX · CIK 0000092380
$45.47 +2.66% $22.2B
32 New Institutional Positions18 Institutional Exits
Vol
Market Cap$22.2B
Cap SizeLarge Cap
Analyst ConsensusHold (47%)
Inst. Holders50 funds
Inst. Value$11.3B
Inst. Activity32 buys / 18 sells
Insider Activity0B / 1S
Insider Net $-$4.5K
Reddit Sentiment38° Cool
SEC Reports2
Exchange NYSE·Sector Air Transportation, Scheduled·Inc. TX·CIK 0000092380·Prev Close $44.29

Recent Activity

Jun 5, 2026 short_volume
Short Volume: LUV — 57.2% short (0.9M / 1.6M)
Short: 912,202 | Exempt: 10,484 | TRF Vol: 1,595,050 | Short Ratio: 57.2% | Off-exchange volume (dar
May 7, 2026 Insider
Reynolds Christopher P. was granted 4,108 shares
Director
May 7, 2026 Insider
Hess David P was granted 4,108 shares
Director
May 7, 2026 Insider
Grissen David was granted 4,108 shares
Director
Apr 22, 2026 SEC
Southwest Airlines reported first-quarter 2026 results, delivering $0.45 EPS in line with guidance, a 12.8% revenue beat
8-K — Impact 4/10
Mar 30, 2026 SEC
Analysis based on filing metadata only — document content was unavailable
COURT-RULING — Impact 3/10
Inst.
Elliott Investment Management L.P. — TRIM
30,346,000 shares ($1.1B)
Inst.
FMR LLC — DOUBLED
9,763,660 shares ($366.8M)

Price Targets

$45.64 +0.4% upside Hold
Current $45.47 Low $30.00 Median $45.00 High $60.00 23 analysts
$30.00 $60.00

Analyst Ratings

Hold47% buy · 30 analysts
2Strong Buy
12Buy
11Hold
5Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 1, 2026 Morgan Stanley MAINTAIN Overweight → Overweight
May 26, 2026 UBS MAINTAIN Buy → Buy
Apr 27, 2026 Jefferies MAINTAIN Hold → Hold
Apr 24, 2026 Evercore ISI Group MAINTAIN In-Line → In-Line
Apr 24, 2026 HSBC UPGRADE Reduce → Hold

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.47 ▲ +10.6% $0.29 — $0.99 9% YoY 20
Next Q $0.56 ▲ +4.8% $0.25 — $0.95 408% YoY 19
Current FY $2.70 ▲ +2.4% $1.47 — $4.04 190% YoY 23
Next FY $4.53 $3.30 — $6.10 68% YoY 22

Top Institutional Holders

FundValueMove
FRANKLIN RESOURCES INC$1.7B
VANGUARD CAPITAL MANAGEMENT LLC$1.2B
Elliott Investment Management L.P.$1.1BTRIM
STATE STREET CORP$1.1B
BlackRock, Inc.$1.1B

Recent Insider Trades

DateInsiderTypeValue
May 7, 2026Reynolds ChristopherA$0.00
May 7, 2026Hess DavidA$0.00
May 7, 2026Grissen DavidA$0.00
May 7, 2026FORNARO ROBERTA$0.00
May 7, 2026Feinberg SarahA$0.00

Reddit Sentiment

38°
Cool
Bearish Neutral Bullish
4 mentions 1 bullish 3 bearish
50 institutional holders with $11.3B total value (299,486,078 shares) as of 2026-Q1. Top holders: FRANKLIN, VANGUARD, Elliott. Net buying activity: 32 institutions added/increased vs 18 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1FRANKLIN RESOURCES INC44,386,408$1.7B14.8%
2VANGUARD CAPITAL MANAGEMENT LLC31,644,632$1.2B10.6%
3Elliott Investment Management L.P.30,346,000$1.1B10.1%TRIM -40.6%
4STATE STREET CORP29,519,791$1.1B9.9%
5BlackRock, Inc.28,573,281$1.1B9.5%
6VANGUARD PORTFOLIO MANAGEMENT LLC23,130,148$869.0M7.7%
7AMERIPRISE FINANCIAL INC9,984,432$375.1M3.3%
8FMR LLC9,763,660$366.8M3.3%DOUBLED +161.3%
9NOMURA HOLDINGS INC6,800,000$255.5M2.3%NEAR_EXIT -98.0%
10Invesco Ltd.6,517,386$244.9M2.2%
11BANK OF AMERICA CORP /DE/6,273,083$235.7M2.1%
12DIMENSIONAL FUND ADVISORS LP5,763,154$216.5M1.9%
13MORGAN STANLEY5,731,005$215.3M1.9%
14ARROWSTREET CAPITAL, LIMITED PARTNERSHIP4,858,283$182.5M1.6%TRIM -37.6%
15GOLDMAN SACHS GROUP INC3,518,630$132.2M1.2%
16CHARLES SCHWAB INVESTMENT MANAGEMENT INC3,407,080$128.0M1.1%
17CITADEL ADVISORS LLC2,958,400$111.1M1.0%
18VOLORIDGE INVESTMENT MANAGEMENT, LLC2,937,132$110.3M1.0%DOUBLED +1631.9%
19MASSACHUSETTS FINANCIAL SERVICES CO /MA/2,920,605$109.7M1.0%
20CITADEL ADVISORS LLC2,895,000$108.8M1.0%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
Elliott Investment Management L.P.TRIM51,128,50030,346,000-40.6%$1.1B2026-Q1
FMR LLCDOUBLED3,736,5579,763,660+161.3%$366.8M2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPTRIM7,791,1674,858,283-37.6%$182.5M2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLCDOUBLED169,5862,937,132+1631.9%$110.3M2026-Q1
FEDERATED HERMES, INC.DOUBLED1,023,7302,795,269+173.0%$105.0M2026-Q1
AmundiADD1,023,9211,461,344+42.7%$54.9M2026-Q1
NORDEA INVESTMENT MANAGEMENT ABADD769,2031,077,605+40.1%$39.1M2026-Q1
BALYASNY ASSET MANAGEMENT L.P.ADD788,6821,023,625+29.8%$38.5M2026-Q1
Trexquant Investment LPDOUBLED323,837820,690+153.4%$30.8M2026-Q1
Russell Investments Group, Ltd.ADD483,913687,756+42.1%$25.8M2026-Q1
FIRST TRUST ADVISORS LPADD504,547651,106+29.0%$24.5M2026-Q1
SEI INVESTMENTS CODOUBLED288,593592,515+105.3%$22.3M2026-Q1
MARSHALL WACE, LLPDOUBLED241,392509,456+111.0%$19.1M2026-Q1
Assenagon Asset Management S.A.NEW462,903$17.4M2026-Q1
Connor, Clark & Lunn Investment Management Ltd.DOUBLED74,938439,168+486.0%$16.5M2026-Q1
Centiva Capital, LPNEW381,161$14.3M2026-Q1
NATIONAL BANK OF CANADA /FI/TRIM975,345337,198-65.4%$12.7M2026-Q1
STRS OHIODOUBLED39,437301,720+665.1%$11.3M2026-Q1
Gotham Asset Management, LLCADD180,616298,946+65.5%$11.2M2026-Q1
CAPITAL FUND MANAGEMENT S.A.TRIM342,324245,909-28.2%$9.2M2026-Q1
TUDOR INVESTMENT CORP ET ALTRIM303,995194,696-36.0%$7.3M2026-Q1
Allspring Global Investments Holdings, LLCDOUBLED23,554179,583+662.4%$6.9M2026-Q1
Mirae Asset Global Investments Co., Ltd.ADD82,604128,605+55.7%$4.8M2026-Q1
Brevan Howard Capital Management LPDOUBLED9,064119,252+1215.7%$4.5M2026-Q1
Wealthfront Advisers LLCDOUBLED32,317107,577+232.9%$4.0M2026-Q1
16 unique insiders with 26 transactions. Net insider value: -$4.5K ($0.00 bought, $4.5K sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 7, 2026Reynolds Christopher P.DirectorAWARD4,108
May 7, 2026Hess David PDirectorAWARD4,108
May 7, 2026Grissen DavidDirectorAWARD4,108
May 7, 2026FORNARO ROBERT LDirectorAWARD4,108
May 7, 2026Feinberg SarahDirectorAWARD4,108
May 7, 2026Breber Pierre RDirectorAWARD4,108
May 7, 2026BROOKS DOUGLAS HDirectorAWARD4,108
May 7, 2026Atherton Lisa MDirectorAWARD4,108
May 7, 2026Watson Patricia ADirectorAWARD4,108
Apr 7, 2026Atherton Lisa MDirectorSELL118$37.95$4.5K
Mar 21, 2026Doxey TomEVP, Chief Financial OfficerTAX W/H11,447$39.41$451.1K
Mar 21, 2026Roach AnthonyEVP Customer & BrandTAX W/H2,179$39.41$85.9K
Mar 16, 2026Doxey TomEVP, Chief Financial OfficerAWARD28,199
Mar 16, 2026Woods Lauren TauscherEVP & CIOAWARD18,950
Mar 16, 2026Watterson Andrew MChief Operating OfficerAWARD35,092
Mar 16, 2026Martinez Jimmy RyanPrincipal Accounting OfficerAWARD7,294
Mar 16, 2026Jordan Robert ECEO & PresidentAWARD92,867
Mar 16, 2026Jones JustinEVP OperationsAWARD23,863
Mar 16, 2026Roach AnthonyEVP Customer & BrandAWARD22,058
Feb 21, 2026Watterson Andrew MChief Operating OfficerTAX W/H17,942$52.09$934.6K
Feb 21, 2026Woods Lauren TauscherEVP & CIOTAX W/H4,585$52.09$238.8K
Feb 21, 2026Jones JustinEVP OperationsTAX W/H8,507$52.09$443.1K
Feb 21, 2026Jordan Robert ECEO & PresidentTAX W/H38,742$52.09$2.0M
Feb 21, 2026Martinez Jimmy RyanPrincipal Accounting OfficerTAX W/H2,755$52.09$143.5K
Feb 21, 2026Roach AnthonyEVP Customer & BrandTAX W/H3,658$52.09$190.5K
Dec 2, 2025BROOKS DOUGLAS HDirectorGIFT1,836

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Hold (47% buy). Based on 30 analysts: 2 strong buy, 12 buy, 11 hold, 5 sell, 0 strong sell.

Analyst Price Targets

$45.64 mean target +0.4% upside Hold (2.56)
$30.00 Low $60.00 High
MetricValue
Current Price$45.47
Target Low$30.00
Target Mean$45.64
Target Median$45.00
Target High$60.00
# Analysts23
RecommendationHold (2.56)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.47 $0.29 $0.99 9.0% +10.6% 3↑ 1↓ $8.6B 18.2% 20
Next Q
2026-09-30
$0.56 $0.25 $0.95 408.1% +4.8% 3↑ 1↓ $8.2B 18.5% 19
Current FY
2026-12-31
$2.70 $1.47 $4.04 190.1% +2.4% 3↑ 1↓ $32.7B 16.6% 23
Next FY
2027-12-31
$4.53 $3.30 $6.10 67.9% +0.0% 2↑ 4↓ $33.7B 3.0% 22

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.469
7d ago$0.437+0.032
30d ago$0.424+0.045
60d ago$0.870-0.401
90d ago$1.490-1.021
16 analyst firms have rated this stock: 6 upgrades, 0 downgrades, 1 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 1, 2026 Morgan Stanley MAINTAIN Overweight Overweight
May 26, 2026 UBS MAINTAIN Buy Buy
Apr 27, 2026 Jefferies MAINTAIN Hold Hold
Apr 24, 2026 Evercore ISI Group MAINTAIN In-Line In-Line
Apr 24, 2026 HSBC UPGRADE Reduce Hold
Mar 26, 2026 Freedom Broker MAINTAIN Buy Buy
Mar 23, 2026 UBS MAINTAIN Buy Buy
Mar 20, 2026 Citigroup MAINTAIN Neutral Neutral
Mar 16, 2026 UBS MAINTAIN Buy Buy
Mar 16, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
Mar 12, 2026 Jefferies MAINTAIN Hold Hold
Mar 12, 2026 Evercore ISI Group MAINTAIN In-Line In-Line
Mar 9, 2026 TD Cowen MAINTAIN Buy Buy
Mar 5, 2026 Rothschild & Co MAINTAIN Sell Sell
Feb 27, 2026 TD Cowen UPGRADE Hold Buy
Feb 17, 2026 UBS UPGRADE Neutral Buy
Feb 3, 2026 Susquehanna MAINTAIN Neutral Neutral
Feb 2, 2026 UBS MAINTAIN Neutral Neutral
Feb 2, 2026 Jefferies MAINTAIN Hold Hold
Jan 30, 2026 TD Cowen MAINTAIN Hold Hold
Jan 30, 2026 Goldman Sachs MAINTAIN Sell Sell
Jan 30, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
Jan 30, 2026 Morgan Stanley MAINTAIN Overweight Overweight
Jan 30, 2026 B of A Securities MAINTAIN Underperform Underperform
Jan 30, 2026 BMO Capital UPGRADE Market Perform Outperform
Jan 30, 2026 Freedom Broker MAINTAIN Buy Buy
Jan 29, 2026 Evercore ISI Group MAINTAIN In-Line In-Line
Jan 26, 2026 Jefferies MAINTAIN Hold Hold
Jan 13, 2026 Goldman Sachs MAINTAIN Sell Sell
Jan 9, 2026 Susquehanna MAINTAIN Neutral Neutral
Jan 9, 2026 JP Morgan UPGRADE Underweight Overweight
Jan 7, 2026 Citigroup MAINTAIN Neutral Neutral
Jan 6, 2026 UBS MAINTAIN Neutral Neutral
Jan 6, 2026 B of A Securities MAINTAIN Underperform Underperform
Dec 18, 2025 Wells Fargo INITIATE Equal-Weight
Dec 16, 2025 Barclays UPGRADE Equal-Weight Overweight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 2026212115047%
May 1, 2026212115047%
Apr 1, 2026212115047%
Mar 1, 2026212115047%
Feb 1, 2026210135040%
Jan 1, 202628146033%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

38°
Cool
Bearish Neutral Bullish
4 mentions 1 bullish 3 bearish 4 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Mar 28, 2026140° Cool011
Mar 28, 2026140° Cool011
Feb 26, 2026160° Warm101
Feb 25, 2026140° Cool011

Recent Reddit Threads

r/wallstreetbets Bullish 3mo ago
Puts on Southwest Airlines ($LUV)
▲ 4 💬 6 ⚡ 0.2
r/wallstreetbets Bearish 3mo ago
Southwest ($LUV) ruined their model and is going down
▲ 1 💬 1 ⚡ 0.0
Jun 5, 2026
short_volume
Short Volume: LUV — 57.2% short (0.9M / 1.6M)
Short: 912,202 | Exempt: 10,484 | TRF Vol: 1,595,050 | Short Ratio: 57.2% | Off-exchange volume (dark pool + OTC)
Jun 4, 2026
short_volume
Short Volume: LUV — 55.2% short (1.1M / 2.0M)
Short: 1,130,697 | Exempt: 6,146 | TRF Vol: 2,047,886 | Short Ratio: 55.2% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
short_volume
Short Volume: LUV — 60.9% short (1.0M / 1.6M)
Short: 981,634 | Exempt: 439 | TRF Vol: 1,611,914 | Short Ratio: 60.9% | Off-exchange volume (dark pool + OTC)
May 29, 2026
short_volume
Short Volume: LUV — 61.9% short (1.2M / 1.9M)
Short: 1,181,863 | Exempt: 283 | TRF Vol: 1,907,989 | Short Ratio: 61.9% | Off-exchange volume (dark pool + OTC)
May 28, 2026
short_volume
Short Volume: LUV — 61.9% short (2.1M / 3.4M)
Short: 2,131,398 | Exempt: 129 | TRF Vol: 3,442,552 | Short Ratio: 61.9% | Off-exchange volume (dark pool + OTC)
May 27, 2026
short_volume
Short Volume: LUV — 57.0% short (1.9M / 3.4M)
Short: 1,909,454 | Exempt: 6,492 | TRF Vol: 3,352,729 | Short Ratio: 57.0% | Off-exchange volume (dark pool + OTC)
May 26, 2026
short_volume
Short Volume: LUV — 56.2% short (1.6M / 2.8M)
Short: 1,585,997 | Exempt: 5,585 | TRF Vol: 2,820,759 | Short Ratio: 56.2% | Off-exchange volume (dark pool + OTC)
May 21, 2026
short_volume
Short Volume: LUV — 66.5% short (2.1M / 3.2M)
Short: 2,104,162 | Exempt: 2,275 | TRF Vol: 3,165,575 | Short Ratio: 66.5% | Off-exchange volume (dark pool + OTC)
May 20, 2026
short_volume
Short Volume: LUV — 60.3% short (2.1M / 3.5M)
Short: 2,112,479 | Exempt: 8,531 | TRF Vol: 3,504,453 | Short Ratio: 60.3% | Off-exchange volume (dark pool + OTC)
May 19, 2026
short_volume
Short Volume: LUV — 71.2% short (1.5M / 2.1M)
Short: 1,466,444 | Exempt: 6 | TRF Vol: 2,058,193 | Short Ratio: 71.2% | Off-exchange volume (dark pool + OTC)
May 18, 2026
dark_pool
Dark Pool: LUV — 9.3M shares, 120,864 trades
Week starting 2026-05-18. Total ATS volume: 9,338,705 shares across 120,864 trades.
May 14, 2026
short_volume
Short Volume: LUV — 68.6% short (1.2M / 1.7M)
Short: 1,169,666 | Exempt: 939 | TRF Vol: 1,705,124 | Short Ratio: 68.6% | Off-exchange volume (dark pool + OTC)
May 13, 2026
short_volume
Short Volume: LUV — 65.4% short (1.4M / 2.2M)
Short: 1,420,978 | Exempt: 1,608 | TRF Vol: 2,172,555 | Short Ratio: 65.4% | Off-exchange volume (dark pool + OTC)
May 12, 2026
short_volume
Short Volume: LUV — 56.5% short (1.0M / 1.8M)
Short: 1,036,332 | Exempt: 163 | TRF Vol: 1,832,728 | Short Ratio: 56.5% | Off-exchange volume (dark pool + OTC)
May 11, 2026
short_volume
Short Volume: LUV — 64.7% short (1.3M / 2.0M)
Short: 1,307,455 | Exempt: 10,459 | TRF Vol: 2,021,716 | Short Ratio: 64.7% | Off-exchange volume (dark pool + OTC)
Mar 30, 2026
Enforcement
3:22-cv-00868 Refuerzo v. Southwest Airlines Co.
Court ruling from United States District Court for the Northern District of California. Docket: N/A