Delta Air Lines, Inc. $DAL Shares Bought by Fiera Capital Corp

Fiera Capital Corp lifted its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 15.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 193,532 shares of the transportation company’s stock after purchasing an additional 26,589 shares during the quarter. Fiera Capital Corp’s holdings in Delta Air Lines were worth $10,983,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Federated Hermes Inc. raised its holdings in shares of Delta Air Lines by 7.7% during the third quarter. Federated Hermes Inc. now owns 358,870 shares of the transportation company’s stock valued at $20,366,000 after acquiring an additional 25,507 shares during the period. Savant Capital LLC boosted its stake in Delta Air Lines by 84.0% in the 2nd quarter. Savant Capital LLC now owns 181,995 shares of the transportation company’s stock worth $8,951,000 after purchasing an additional 83,072 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in Delta Air Lines by 10.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 87,344 shares of the transportation company’s stock worth $4,957,000 after purchasing an additional 8,309 shares in the last quarter. Independent Advisor Alliance raised its stake in Delta Air Lines by 41.3% during the 3rd quarter. Independent Advisor Alliance now owns 53,601 shares of the transportation company’s stock valued at $3,042,000 after purchasing an additional 15,661 shares during the period. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of Delta Air Lines by 39.8% in the second quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock valued at $118,409,000 after purchasing an additional 685,312 shares in the last quarter. 69.93% of the stock is currently owned by institutional investors.

Insider Activity at Delta Air Lines

In other news, EVP Erik Storey Snell sold 39,420 shares of the stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $71.02, for a total transaction of $2,799,608.40. Following the transaction, the executive vice president owned 35,625 shares of the company’s stock, valued at approximately $2,530,087.50. This represents a 52.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Edward H. Bastian sold 173,230 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $71.00, for a total value of $12,299,330.00. Following the completion of the transaction, the chief executive officer directly owned 632,823 shares in the company, valued at $44,930,433. The trade was a 21.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 520,550 shares of company stock valued at $37,101,667. Insiders own 0.88% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on DAL. TD Cowen reiterated a “buy” rating on shares of Delta Air Lines in a report on Wednesday, January 7th. UBS Group decreased their price objective on Delta Air Lines from $90.00 to $87.00 and set a “buy” rating for the company in a research report on Wednesday, January 14th. Wells Fargo & Company set a $87.00 target price on Delta Air Lines in a report on Thursday, December 18th. Raymond James Financial reissued a “strong-buy” rating and issued a $80.00 price target on shares of Delta Air Lines in a research report on Friday, December 19th. Finally, Jefferies Financial Group boosted their price objective on shares of Delta Air Lines from $72.00 to $84.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. According to MarketBeat.com, Delta Air Lines has an average rating of “Buy” and a consensus price target of $80.47.

Delta Air Lines Trading Up 3.0%

Shares of NYSE DAL opened at $69.47 on Friday. The business has a 50 day simple moving average of $70.07 and a 200 day simple moving average of $63.48. Delta Air Lines, Inc. has a 52 week low of $34.74 and a 52 week high of $76.39. The stock has a market cap of $45.38 billion, a price-to-earnings ratio of 9.06, a PEG ratio of 0.65 and a beta of 1.37. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.34 and a current ratio of 0.40.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.02. The firm had revenue of $14.61 billion for the quarter, compared to analyst estimates of $15.80 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.85 earnings per share. 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. On average, research analysts predict that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Delta Air Lines Announces Dividend

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

Delta Air Lines Company 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.