NEOS Investment Management LLC Acquires 27,030 Shares of Delta Air Lines, Inc. $DAL

NEOS Investment Management LLC boosted its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 46.5% in the 3rd quarter, HoldingsChannel reports. The firm owned 85,171 shares of the transportation company’s stock after purchasing an additional 27,030 shares during the quarter. NEOS Investment Management LLC’s holdings in Delta Air Lines were worth $4,833,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Delta Air Lines by 2.3% during the second quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock valued at $3,667,479,000 after acquiring an additional 1,648,071 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Delta Air Lines by 23.3% in the third quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company’s stock worth $434,813,000 after purchasing an additional 1,447,058 shares during the last quarter. Ninety One UK Ltd grew its holdings in Delta Air Lines by 23.6% in the third quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company’s stock worth $219,095,000 after purchasing an additional 736,342 shares during the last quarter. Thrivent Financial for Lutherans increased its position in shares of Delta Air Lines by 39.8% during the second quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock worth $118,409,000 after purchasing an additional 685,312 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Delta Air Lines by 2.6% during the 2nd quarter. State Street Corp now owns 23,059,848 shares of the transportation company’s stock valued at $1,134,083,000 after purchasing an additional 581,421 shares during the last quarter. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines Stock Performance

NYSE:DAL opened at $71.14 on Thursday. Delta Air Lines, Inc. has a fifty-two week low of $34.74 and a fifty-two week high of $76.39. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.34 and a current ratio of 0.40. The company has a 50 day moving average price of $70.14 and a 200 day moving average price of $63.34. The stock has a market capitalization of $46.46 billion, a P/E ratio of 9.27, a PEG ratio of 0.68 and a beta of 1.37.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.02. Delta Air Lines had a return on equity of 20.96% and a net margin of 7.90%.The company had revenue of $14.61 billion for the quarter, compared to analysts’ expectations of $15.80 billion. During the same period in the prior year, the firm earned $1.85 earnings per share. The firm’s revenue was up 2.9% compared to the same quarter last year. Delta Air Lines has set its Q1 2026 guidance at 0.500-0.900 EPS and its FY 2026 guidance at 6.500-7.500 EPS. Equities research analysts forecast that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Delta Air Lines Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, February 26th will be paid a dividend of $0.1875 per share. The ex-dividend date is Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a yield of 1.1%. Delta Air Lines’s dividend payout ratio is 9.78%.

Insider Buying and Selling at Delta Air Lines

In other news, EVP Rahul D. Samant sold 62,528 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $70.18, for a total value of $4,388,215.04. Following the sale, the executive vice president directly owned 20,939 shares in the company, valued at approximately $1,469,499.02. This trade represents a 74.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Alain Bellemare sold 35,212 shares of the business’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $75.20, for a total value of $2,647,942.40. Following the transaction, the executive vice president directly owned 138,176 shares of the company’s stock, valued at $10,390,835.20. The trade was a 20.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 520,550 shares of company stock valued at $37,101,667. Corporate insiders own 0.88% of the company’s stock.

Wall Street Analysts Forecast Growth

DAL has been the topic of several recent analyst reports. Citigroup reaffirmed a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Bank of America upped their price objective on shares of Delta Air Lines from $74.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Delta Air Lines in a research report on Wednesday, January 21st. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $81.00 target price on shares of Delta Air Lines in a research note on Wednesday, January 14th. Finally, Barclays increased their price target on shares of Delta Air Lines from $65.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $80.47.

Delta Air Lines Profile

Delta Air Lines is a major U.S.-based global airline that provides scheduled passenger and cargo air transportation, aircraft maintenance and repair services, and related travel products. Its operations include mainline domestic and international passenger services, a branded regional network operating under the Delta Connection name, dedicated air cargo carriage, and in-house maintenance, repair and overhaul through Delta TechOps. Delta offers a range of cabin products for different customer segments, including premium business-class service on long-haul routes and tiered economy offerings on domestic and international flights, and it markets customer loyalty benefits through the SkyMiles frequent-flyer program.

The carrier operates a mixed fleet of narrow- and wide-body aircraft from multiple U.S.