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Southwest Gas Sells Centuri Shares for $22 Million

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Southwest Gas Sells Centuri Shares for $22 Million

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The latest announcement is out from Southwest Gas ( (SWX) ).

On July 8, 2025, Southwest Gas Holdings, Inc. completed the sale of 1,060,240 shares of Centuri Holdings, Inc. common stock to Icahn Partners LP and Icahn Partners Master Fund LP for $20.75 per share, generating approximately $22 million in net proceeds. This transaction, exempt from registration, allows Southwest Gas to maintain a 52.1% ownership in Centuri, potentially impacting its strategic positioning and financial flexibility.

The most recent analyst rating on (SWX) stock is a Hold with a $76.00 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 score reflects its operational efficiency and strategic growth plans, tempered by high leverage and valuation concerns. Positive developments in regulatory outcomes and expansion projects support future growth potential.

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 is involved in the management and operation of natural gas systems, serving residential, commercial, and industrial customers across various regions.

Average Trading Volume: 455,188

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.24B

Find detailed analytics on SWX stock on TipRanks’ Stock Analysis page.

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