Fintel reports that on May 7, 2026, JP Morgan upgraded their outlook for Southwest Gas Holdings (NYSE:SWX) from Neutral to Overweight.
Analyst Price Forecast Suggests 7.82% Upside
As of April 28, 2026, the average one-year price target for Southwest Gas Holdings is $97.92/share. The forecasts range from a low of $84.84 to a high of $114.45. The average price target represents an increase of 7.82% from its latest reported closing price of $90.82 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Southwest Gas Holdings is 4,981MM, an increase of 179.98%. The projected annual non-GAAP EPS is 6.25.
What is the Fund Sentiment?
There are 361 funds or institutions reporting positions in Southwest Gas Holdings. This is an decrease of 313 owner(s) or 46.44% in the last quarter. Average portfolio weight of all funds dedicated to SWX is 0.12%, an increase of 47.10%. Total shares owned by institutions decreased in the last three months by 17.48% to 66,465K shares. 
The put/call ratio of SWX is 0.15, indicating a bullish outlook.
What are Other Shareholders Doing?
Icahn Carl C holds 6,033K shares representing 8.34% ownership of the company. No change in the last quarter.
Corvex Management holds 5,031K shares representing 6.95% ownership of the company. No change in the last quarter.
Maverick Capital holds 2,048K shares representing 2.83% ownership of the company. In its prior filing, the firm reported owning 1,954K shares , representing an increase of 4.62%. The firm decreased its portfolio allocation in SWX by 14.00% over the last quarter.
Adage Capital Partners Gp, L.l.c. holds 1,648K shares representing 2.28% ownership of the company. In its prior filing, the firm reported owning 1,420K shares , representing an increase of 13.86%. The firm increased its portfolio allocation in SWX by 13.31% over the last quarter.
Geode Capital Management holds 1,602K shares representing 2.21% ownership of the company. In its prior filing, the firm reported owning 1,593K shares , representing an increase of 0.59%. The firm decreased its portfolio allocation in SWX by 47.01% over the last quarter.
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