5 Best Stocks to Buy and Hold According to Billionaire Carl Icahn

4. Southwest Gas Holdings, Inc. (NYSE:SWX)

Number of Hedge Fund Holders: 22

Icahn Capital LP’s Stake Value: $657,011,000

Southwest Gas Holdings, Inc. (NYSE:SWX) is involved in the distribution and transportation of natural gas, operating through three segments – Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage. Carl Icahn held 10.4 million shares of Southwest Gas Holdings, Inc. (NYSE:SWX) in Q1 2023, worth $657 million and representing 2.98% of the total portfolio. Icahn raised his position in the stock by 60% in the March quarter. 

On May 4, Southwest Gas Holdings, Inc. (NYSE:SWX) declared a $0.62 per share quarterly dividend, in line with previous. The dividend is payable on September 1, to shareholders of record on August 15. 

According to Insider Monkey’s fourth quarter database, 22 hedge funds were bullish on Southwest Gas Holdings, Inc. (NYSE:SWX), and Mario Gabelli’s GAMCO Investors held the largest stake in the company. 

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