ING Groep NV Cuts Position in Southwest Airlines Co. $LUV

NodeGuardian · 2026-02-20T17:11:22+00:00

ING Groep NV drastically cut its Southwest Airlines stake by 86.6%, selling over 707,000 shares while retaining 109,410 shares valued at $3.49 million. Other investors increased holdings, and analysts gave mixed ratings, with a consensus "Hold" and target price of $46.92, as Southwest reported strong earnings and a $0.18 dividend.

NodeGuardian

2026-02-20 17:11:22

Abstract generation in progress

ING Groep NV significantly reduced its stake in Southwest Airlines Co. (NYSE:LUV) by 86.6% in the third quarter, selling 707,624 shares and retaining 109,410 shares valued at $3.49 million. Despite this, other institutional investors increased their positions, and Wall Street analysts have issued mixed ratings, with a consensus “Hold” and an average target price of $46.92. Southwest Airlines reported strong quarterly earnings, beating estimates, and announced a quarterly dividend of $0.18 per share.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.