Vestmark Advisory Solutions Inc. Takes Position in Delta Air Lines, Inc. $DAL

Vestmark Advisory Solutions Inc. acquired a new position in Delta Air Lines, Inc. (NYSE:DAL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 13,061 shares of the transportation company’s stock, valued at approximately $741,000.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of 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 during the period. Bank of New York Mellon Corp lifted its position in Delta Air Lines by 23.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company’s stock valued at $434,813,000 after purchasing an additional 1,447,058 shares during the period. Ninety One UK Ltd boosted its stake in shares of Delta Air Lines by 23.6% in the 3rd quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company’s stock valued at $219,095,000 after purchasing an additional 736,342 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Delta Air Lines by 39.8% in the 2nd 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 during the last quarter. Finally, State Street Corp grew its position 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 worth $1,134,083,000 after buying an additional 581,421 shares during the period. Institutional investors and hedge funds own 69.93% of the company’s stock.

Delta Air Lines Price Performance

Shares of DAL opened at $70.44 on Friday. The stock has a 50 day simple moving average of $69.94 and a 200 day simple moving average of $63.91. Delta Air Lines, Inc. has a 52-week low of $34.74 and a 52-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 firm has a market capitalization of $46.01 billion, a PE ratio of 9.18, a P/E/G ratio of 0.67 and a beta of 1.37.

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

Delta Air Lines Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, February 26th will be given a $0.1875 dividend. The ex-dividend date of this dividend 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 (DPR) is 9.78%.

Insider Transactions at Delta Air Lines

In related news, SVP William C. Carroll sold 5,967 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $68.10, for a total transaction of $406,352.70. Following the sale, the senior vice president owned 7,182 shares in the company, valued at approximately $489,094.20. This represents a 45.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Rahul D. Samant sold 62,528 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 20,939 shares in the company, valued at $1,469,499.02. This trade represents a 74.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 520,550 shares of company stock worth $37,101,667. 0.88% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Bank of America raised their price objective on shares of Delta Air Lines from $74.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. HSBC increased their price target on Delta Air Lines from $73.70 to $80.20 and gave the company a “buy” rating in a research note on Wednesday, January 14th. TD Cowen reaffirmed a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. Susquehanna upped their price objective on Delta Air Lines from $70.00 to $85.00 and gave the company a “positive” rating in a report on Friday, January 9th. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $81.00 target price on shares of Delta Air Lines in a report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $80.47.

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.