SCHEDULE 13G/A: Southwest Gas Holdings Affirms Majority Stake in Centuri Holdings

Southwest Gas Holdings, Inc. has filed an amended Schedule 13G, confirming its beneficial ownership of 53.3% of Centuri Holdings, Inc.'s common stock.

Summary

• Southwest Gas Holdings, Inc. (Reporting Person) beneficially owns 47,245,950 shares of Centuri Holdings, Inc. (Issuer) common stock.
• This ownership represents 53.3% of Centuri Holdings, Inc.'s total common stock outstanding.
• The percentage is calculated based on 88,649,154 shares of Common Stock outstanding as of June 13, 2025.
• Southwest Gas Holdings, Inc. holds sole voting power and sole dispositive power over all 47,245,950 shares.
• This filing is an Amendment No. 2 to a Schedule 13G, indicating a previous filing of beneficial ownership.

Sentiment

Score: 7

Explanation: The filing confirms a stable, majority ownership position by Southwest Gas Holdings in Centuri, which is generally a positive sign for control and strategic alignment. However, it's a purely factual disclosure without performance or forward-looking statements to drive higher sentiment.

Positives

• Southwest Gas Holdings, Inc. maintains a significant majority ownership (53.3%) in Centuri Holdings, Inc., indicating strong control and strategic alignment between the two entities.

Future Outlook

This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding future outlook.

Industry Context

This filing indicates Southwest Gas Holdings, Inc.'s continued significant control over Centuri Holdings, Inc., which operates in the utility infrastructure services sector. Such a substantial ownership stake suggests a strategic relationship, potentially influencing Centuri's operational and financial direction within the broader utility services industry.

Comparison to Industry Standards

• This document is a standard beneficial ownership disclosure (Schedule 13G) and does not provide financial or operational results for comparison to industry standards or specific comparable companies/projects. Its primary purpose is to report a significant ownership position.

Stakeholder Impact

• Shareholders of Centuri Holdings, Inc. are impacted by Southwest Gas Holdings, Inc. holding a majority stake, which implies significant influence over corporate decisions and strategic direction.
• Shareholders of Southwest Gas Holdings, Inc. are impacted as their company maintains a controlling interest in Centuri Holdings, Inc., which could affect their consolidated financial performance and strategic focus.

Key Dates

Keywords

Southwest Gas Holdings, Centuri Holdings, Schedule 13G, Beneficial Ownership, Majority Stake, SEC Filing, Common Stock, Corporate Control