Southwest Gas (SWX) Gets a Buy from Jefferies

In a report released today, Julien Dumoulin Smith from Jefferies maintained a Buy rating on Southwest Gas, with a price target of $88.00. The company’s shares closed today at $77.11.

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Dumoulin Smith covers the Utilities sector, focusing on stocks such as Nisource, XPLR Infrastructure, and Capital Power. According to TipRanks, Dumoulin Smith has an average return of 4.8% and a 54.35% success rate on recommended stocks.

In addition to Jefferies, Southwest Gas also received a Buy from Bank of America Securities’s Ross Fowler in a report issued on August 29. However, on September 6, TR | OpenAI – 4o reiterated a Hold rating on Southwest Gas (NYSE: SWX).

Based on Southwest Gas’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.12 billion and a GAAP net loss of $12.88 million. In comparison, last year the company earned a revenue of $1.18 billion and had a net profit of $18.33 million

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SWX in relation to earlier this year. Most recently, in June 2025, Robert J Stefani , the SVP of SWX sold 7,000.00 shares for a total of $525,000.00.