Delta Air Lines, Inc. $DAL Shares Sold by Capital International Investors

Capital International Investors lessened its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 7.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,198,836 shares of the transportation company’s stock after selling 1,741,112 shares during the period. Capital International Investors’ holdings in Delta Air Lines were worth $1,316,556,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in DAL. Vanguard Group Inc. increased its holdings in shares of Delta Air Lines by 2.3% in the 2nd 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 last quarter. State Street Corp lifted its stake in Delta Air Lines by 2.6% during the second quarter. State Street Corp now owns 23,059,848 shares of the transportation company’s stock worth $1,134,083,000 after purchasing an additional 581,421 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Delta Air Lines by 3.3% in the second quarter. Geode Capital Management LLC now owns 16,757,932 shares of the transportation company’s stock worth $822,127,000 after purchasing an additional 527,570 shares during the period. Bank of New York Mellon Corp boosted 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 period. Finally, AQR Capital Management LLC increased its stake in Delta Air Lines by 0.8% during the second quarter. AQR Capital Management LLC now owns 6,012,856 shares of the transportation company’s stock valued at $295,712,000 after purchasing an additional 48,974 shares during the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DAL. Sanford C. Bernstein restated an “outperform” rating and issued a $81.00 price target on shares of Delta Air Lines in a research report on Wednesday, January 14th. Seaport Research Partners boosted their price objective on shares of Delta Air Lines from $80.00 to $89.00 and gave the company a “buy” rating in a research report on Friday, January 9th. UBS Group dropped their price objective on shares of Delta Air Lines from $90.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday, January 14th. Jefferies Financial Group lifted their target price on Delta Air Lines from $72.00 to $84.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Finally, Rothschild & Co Redburn lowered their target price on Delta Air Lines from $72.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $79.93.

Delta Air Lines Stock Up 2.7%

DAL stock opened at $60.62 on Tuesday. The stock has a market cap of $39.59 billion, a PE ratio of 7.90, a price-to-earnings-growth ratio of 0.57 and a beta of 1.34. The firm’s 50-day simple moving average is $68.81 and its 200 day simple moving average is $64.18. 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 quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60.

Delta Air Lines (NYSE:DAL) last posted its earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $15.80 billion. During the same period in the previous year, the business posted $1.85 EPS. Delta Air Lines’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. As a group, sell-side analysts predict that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Delta Air Lines Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, February 26th will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, February 26th. Delta Air Lines’s dividend payout ratio is 9.78%.

Insider Transactions 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 completion of the transaction, the executive vice president owned 20,939 shares of the company’s stock, valued at approximately $1,469,499.02. This represents a 74.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Edward H. Bastian sold 100,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $70.26, for a total value of $7,026,000.00. Following the transaction, the chief executive officer directly owned 1,363,448 shares in the company, valued at $95,795,856.48. This trade represents a 6.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 620,550 shares of company stock worth $44,127,667 over the last quarter. Insiders own 0.96% of the company’s stock.

About Delta Air Lines

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.