<div id="readability-page-1"><p>Southwest Gas Corporation (NYSE:SWX - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $83.23 and last traded at $81.7550, with a volume of 367952 shares traded. The stock had previously closed at $81.64.</p><div><p><span></span><span>Get <strong>Southwest Gas</strong> alerts:</span></p></div><h2>Wall Street Analysts Forecast Growth</h2><p>SWX has been the subject of several research analyst reports. Weiss Ratings  reissued a &#34;buy (b)&#34; rating on shares of Southwest Gas in a report on Monday. Bank of America raised shares of Southwest Gas from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and lifted their price objective for the stock from $76.00 to $84.00 in a report on Friday, August 29th. Jefferies Financial Group raised their price target on shares of Southwest Gas from $82.00 to $88.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, September 10th. Mizuho initiated coverage on shares of Southwest Gas in a research report on Wednesday, October 29th. They set an &#34;outperform&#34; rating and a $91.00 price objective for the company. Finally, Zacks Research raised shares of Southwest Gas from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Monday, October 20th. One research analyst  has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued  a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $84.50.</p><p><b>Check Out Our Latest Report on Southwest Gas</b></p><h2>Southwest Gas Stock Up 0.2%</h2><p>The stock's 50-day moving average is $80.18 and its 200-day moving average is $78.00. The stock has a market cap of $5.90 billion, a P/E ratio of 12.76, a price-to-earnings-growth ratio of 1.68 and a beta of 0.63. The company has a current ratio of 1.55, a quick ratio of 1.43 and a debt-to-equity ratio of 0.89. </p><p>Southwest Gas (NYSE:SWX - Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The utilities provider reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.03). The company had revenue of $316.91 million for the quarter, compared to analyst estimates of $1.08 billion. Southwest Gas had a net margin of 11.59% and a return on equity of 6.78%. Southwest Gas's revenue was down 11.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.09 EPS.  As a group, research analysts anticipate that  Southwest Gas Corporation will post 3.03 earnings per share for the current fiscal year. </p><h2>Southwest Gas Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th will be given a $0.62 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $2.48 annualized dividend and a yield of 3.0%. Southwest Gas's payout ratio is 38.63%. </p><h2>Insider Buying and Selling at Southwest Gas</h2><p>In related news, major shareholder Carl C. Icahn sold 1,500,000 shares of the business's stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $77.91, for a total value of $116,865,000.00. Following the sale, the insider directly owned 6,032,604 shares in the company, valued at $470,000,177.64. The trade was a 19.91% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through this link. Company insiders own  0.51% of the company's stock. </p><h2>Hedge Funds Weigh In On Southwest Gas</h2><p>Several institutional investors and hedge funds have recently added to or reduced their stakes in SWX. Massachusetts Wealth Management lifted its holdings in  Southwest Gas by 1.9% in the third quarter. Massachusetts Wealth Management now owns 8,080 shares of the utilities provider's stock valued at $633,000 after buying an additional 150 shares during the period.  Parallel Advisors LLC raised its position in shares of  Southwest Gas by 20.9% during the 2nd quarter. Parallel Advisors LLC now owns 880 shares of the utilities provider's stock valued at $65,000 after acquiring an additional 152 shares during the last quarter.  BTC Capital Management Inc. boosted its position in shares of  Southwest Gas by 5.0% in the 2nd quarter. BTC Capital Management Inc. now owns 3,344 shares of the utilities provider's stock worth $248,000 after purchasing an additional 159 shares during the last quarter.  Daiwa Securities Group Inc. grew its stake in shares of  Southwest Gas by 21.3% during the second quarter. Daiwa Securities Group Inc. now owns 939 shares of the utilities provider's stock worth $70,000 after purchasing an additional 165 shares during the period.  Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in  Southwest Gas by 0.4% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,098 shares of the utilities provider's stock valued at $3,280,000 after purchasing an additional 168 shares during the last quarter. 92.77% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Southwest Gas Company Profile</h2> (Get Free Report)<p>Southwest Gas Holdings, Inc, through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems.</p><h2>Read More</h2><ul><li>Five stocks we like better than Southwest Gas</li><li>Why Invest in 5G? How to Invest in 5G Stocks  </li><li>How These 2 Stocks Won 2025's AI Race—And What's In Store for 2026</li><li>What is the Shanghai Stock Exchange Composite Index?</li><li>Intel Snaps Up AI Tech for Pennies on the Dollar</li><li>Special Purpose Acquisition Company (SPAC) What You Need to Know </li><li>4 Quantum Stocks to Watch as the Next Computing Revolution Unfolds</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Southwest Gas Right Now?</h2><p>Before you consider Southwest Gas, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Southwest Gas wasn't on the list.</p><p>While Southwest Gas currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Southwest Gas (NYSE:SWX) stock reached a new 52-week high of $83.23, closing at $81.7550. Analysts have given positive ratings, with Bank of America, Jefferies, and Mizuho upgrading their price targets. The company reported lower-than-expected earnings for the recent quarter but announced a quarterly dividend of $0.62. Major shareholder Carl C. Icahn sold 1.5 million shares. Institutional investors have adjusted their stakes in the company.</p>

Southwest Gas (NYSE:SWX) Hits New 12-Month High - Should You Buy?