Rothschild & Co Redburn Cuts Delta Air Lines (NYSE:DAL) Price Target to $70.00

Delta Air Lines (NYSE:DAL) had its price target lowered by equities researchers at Rothschild & Co Redburn from $72.00 to $70.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the transportation company’s stock. Rothschild & Co Redburn’s price objective would suggest a potential upside of 13.21% from the company’s previous close.

DAL has been the topic of several other reports. BNP Paribas Exane lifted their price target on Delta Air Lines from $70.00 to $85.00 and gave the company an “outperform” rating in a research report on Monday, December 8th. Citigroup reissued a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Dbs Bank upgraded shares of Delta Air Lines to a “moderate buy” rating in a report on Monday, January 19th. UBS Group lowered their target price on shares of Delta Air Lines from $90.00 to $87.00 and set a “buy” rating for the company in a report on Wednesday, January 14th. Finally, HSBC increased their target price on Delta Air Lines from $73.70 to $80.20 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the company. According to MarketBeat, Delta Air Lines currently has a consensus rating of “Buy” and a consensus price target of $80.38.

Delta Air Lines Price Performance

DAL stock traded down $2.00 during mid-day trading on Thursday, hitting $61.83. 1,134,842 shares of the stock were exchanged, compared to its average volume of 8,372,163. The business has a fifty day moving average price of $69.41 and a 200 day moving average price of $64.13. The stock has a market capitalization of $40.38 billion, a price-to-earnings ratio of 8.06, a PEG ratio of 0.62 and a beta of 1.34. Delta Air Lines has a 12 month low of $34.74 and a 12 month high of $76.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $14.61 billion during the quarter, compared to analyst estimates of $15.80 billion. During the same period in the prior year, the business posted $1.85 earnings per share. The company’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. On average, sell-side analysts anticipate that Delta Air Lines will post 7.63 EPS for the current year.

Insider Buying and Selling

In other news, EVP Steven M. Sear sold 38,600 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $75.05, for a total transaction of $2,896,930.00. Following the transaction, the executive vice president directly owned 104,404 shares of the company’s stock, valued at approximately $7,835,520.20. This trade represents a 26.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Edward H. Bastian sold 173,230 shares of the stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $71.00, for a total transaction of $12,299,330.00. Following the transaction, the chief executive officer owned 632,823 shares in the company, valued at approximately $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. Insiders have sold a total of 620,550 shares of company stock valued at $44,127,667 in the last quarter. 0.88% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Delta Air Lines

Hedge funds have recently made changes to their positions in the stock. AlphaQuest LLC raised its holdings in Delta Air Lines by 90.6% in the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after purchasing an additional 211 shares in the last quarter. Lloyd Advisory Services LLC. bought a new stake in shares of Delta Air Lines in the 4th quarter valued at about $31,000. Camelot Portfolios LLC purchased a new position in shares of Delta Air Lines in the 4th quarter worth approximately $34,000. Accredited Wealth Management LLC raised its stake in shares of Delta Air Lines by 1,983.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after acquiring an additional 476 shares in the last quarter. Finally, Byrne Asset Management LLC bought a new position in shares of Delta Air Lines during the 4th quarter worth approximately $35,000. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

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.