Delta Air Lines, Inc. $DAL Shares Sold by Westpac Banking Corp

Westpac Banking Corp decreased its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 93.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,296 shares of the transportation company’s stock after selling 17,153 shares during the period. Westpac Banking Corp’s holdings in Delta Air Lines were worth $74,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DAL. Private Trust Co. NA raised its position in shares of Delta Air Lines by 3.3% during the 3rd quarter. Private Trust Co. NA now owns 5,493 shares of the transportation company’s stock worth $312,000 after purchasing an additional 174 shares during the last quarter. HBK Sorce Advisory LLC grew its holdings in shares of Delta Air Lines by 3.2% during the third quarter. HBK Sorce Advisory LLC now owns 5,871 shares of the transportation company’s stock worth $362,000 after buying an additional 181 shares in the last quarter. Foundations Investment Advisors LLC raised its position in shares of Delta Air Lines by 2.6% in the second quarter. Foundations Investment Advisors LLC now owns 7,844 shares of the transportation company’s stock valued at $386,000 after buying an additional 196 shares during the last quarter. Advisors Asset Management Inc. grew its stake in Delta Air Lines by 1.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 16,237 shares of the transportation company’s stock worth $921,000 after acquiring an additional 197 shares during the period. Finally, Gables Capital Management Inc. raised its holdings in Delta Air Lines by 9.9% in the 3rd quarter. Gables Capital Management Inc. now owns 2,225 shares of the transportation company’s stock valued at $126,000 after acquiring an additional 200 shares during the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.

Analyst Ratings Changes

DAL has been the topic of a number of research analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Delta Air Lines in a research note on Wednesday, January 21st. Evercore lifted their price target on Delta Air Lines from $75.00 to $85.00 and gave the stock an “outperform” rating in a research note on Friday, January 9th. Barclays boosted their target price 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. Raymond James Financial restated a “strong-buy” rating and issued a $80.00 target price on shares of Delta Air Lines in a research note on Friday, December 19th. Finally, Citigroup reiterated a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $80.47.

Insider Transactions at Delta Air Lines

In other Delta Air Lines news, EVP Steven M. Sear sold 38,600 shares of Delta Air Lines stock in a transaction on Monday, February 9th. The shares were sold at an average price of $75.05, for a total value of $2,896,930.00. Following the sale, the executive vice president directly owned 104,404 shares in the company, valued at approximately $7,835,520.20. The trade was a 26.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Edward H. Bastian sold 173,230 shares of Delta Air Lines stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $71.00, for a total transaction of $12,299,330.00. Following the completion of the transaction, the chief executive officer directly owned 632,823 shares of the company’s stock, valued at approximately $44,930,433. This trade represents a 21.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 620,550 shares of company stock valued at $44,127,667. Corporate insiders own 0.88% of the company’s stock.

Delta Air Lines Price Performance

NYSE DAL opened at $65.66 on Friday. Delta Air Lines, Inc. has a 12-month low of $34.74 and a 12-month high of $76.39. The company has a 50 day moving average price of $69.83 and a two-hundred day moving average price of $63.99. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $42.89 billion, a PE ratio of 8.56, a price-to-earnings-growth ratio of 0.68 and a beta of 1.37.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.02. The business had revenue of $14.61 billion for the quarter, compared to the consensus estimate of $15.80 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. Delta Air Lines’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the company posted $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. As a group, equities 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 declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, February 26th will be paid a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 26th. Delta Air Lines’s payout ratio is 9.78%.

Key Headlines Impacting Delta Air Lines

Here are the key news stories impacting Delta Air Lines this week:

• Positive Sentiment: Delta announced another order to refresh its narrowbody fleet with 34 Airbus A321neo jets — these newer, more fuel-efficient aircraft improve unit costs and premium-seat capacity over time, supporting margin expansion and premium revenue potential. Delta orders 34 more Airbus A321neo jets in fleet renewal push
• Positive Sentiment: Management is also pursuing wider fleet growth (widebody expansion) to chase long‑haul and premium demand — a structural growth push that can boost long‑term revenue per available seat mile if executed well. Delta Air Lines Aims at Fleet Growth: More Upside Ahead?
• Neutral Sentiment: Yesterday Delta closed higher, reflecting recent operational strength and beat/guide context from January earnings, but that momentum was overtaken by today’s macro cost shock. Why the Market Dipped But Delta Air Lines (DAL) Gained Today
• Negative Sentiment: Crude oil surged today, pushing jet‑fuel expectations higher — investors fear rising fuel costs will compress airline margins and earnings, driving broad sector weakness and heavy selling in Delta shares. Why Delta (DAL) Shares Are Getting Obliterated Today
• Negative Sentiment: Sectorwide jet‑fuel pressure also hit low‑cost peers (e.g., Frontier), signaling the move is macro/commodity‑driven rather than company‑specific — that increases downside risk across airline stocks, including DAL. Why Frontier (ULCC) Shares Are Sliding Today
• Negative Sentiment: Delta CEO Edward Bastian sold 100,000 shares in a disclosed transaction last week — while insider sales can be routine, the timing contributes to negative sentiment when paired with sector pain. SEC filing

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.