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Southwest Gas Completes Sale of Centuri Holdings Shares

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Southwest Gas Completes Sale of Centuri Holdings Shares

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Southwest Gas ( (SWX) ) just unveiled an announcement.

On September 5, 2025, Southwest Gas Holdings, Inc. completed the sale of 27,362,210 shares of Centuri Holdings, Inc. common stock to J.P. Morgan Securities LLC, generating approximately $524.8 million in net proceeds. This transaction marks the company’s exit from its ownership in Centuri, relinquishing its governance rights and influence over Centuri’s corporate actions.

The most recent analyst rating on (SWX) stock is a Buy with a $84.00 price target. To see the full list of analyst forecasts on Southwest Gas stock, see the SWX Stock Forecast page.

Spark’s Take on SWX Stock

According to Spark, TipRanks’ AI Analyst, SWX is a Neutral.

Southwest Gas’s overall stock score is driven by strong earnings call performance and positive technical indicators. However, financial performance concerns, particularly around cash flow and high leverage, weigh down the score. The valuation suggests the stock might be overvalued, but the dividend yield offers some compensation. Corporate events add a positive note with strategic expansion progress.

To see Spark’s full report on SWX stock, click here.

More about Southwest Gas

Southwest Gas Holdings, Inc. operates in the energy sector, primarily focusing on natural gas distribution and utility services. The company has been involved in providing reliable and safe energy solutions to its customers across various regions.

Average Trading Volume: 438,035

Technical Sentiment Signal: Buy

Current Market Cap: $5.69B

See more insights into SWX stock on TipRanks’ Stock Analysis page.

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