U S Global Investors Inc. Reduces Stake in Delta Air Lines, Inc. $DAL

U S Global Investors Inc. trimmed its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 3.7% during the first quarter, Holdings Channel.com reports. The fund owned 1,171,746 shares of the transportation company’s stock after selling 44,985 shares during the quarter. Delta Air Lines comprises 9.1% of U S Global Investors Inc.’s portfolio, making the stock its biggest holding. U S Global Investors Inc.’s holdings in Delta Air Lines were worth $77,898,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Lloyd Advisory Services LLC. bought a new position in shares of Delta Air Lines during the fourth quarter valued at about $31,000. SWAN Capital LLC grew its position in Delta Air Lines by 1,016.0% in the 3rd quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock worth $32,000 after purchasing an additional 508 shares in the last quarter. Camelot Portfolios LLC purchased a new stake in Delta Air Lines in the 4th quarter valued at about $34,000. Cornerstone Planning Group LLC increased its stake in Delta Air Lines by 451.6% in the 4th quarter. Cornerstone Planning Group LLC now owns 524 shares of the transportation company’s stock valued at $34,000 after buying an additional 429 shares during 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. Institutional investors own 69.93% of the company’s stock.

Insider Buying and Selling

In related news, EVP Allison C. Ausband sold 9,710 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $76.00, for a total value of $737,960.00. Following the completion of the transaction, the executive vice president directly owned 138,854 shares of the company’s stock, valued at approximately $10,552,904. This trade represents a 6.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Alain Bellemare sold 25,000 shares of Delta Air Lines stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the completion of the transaction, the executive vice president owned 95,025 shares of the company’s stock, valued at $7,738,836. This represents a 20.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 80,331 shares of company stock valued at $6,110,788. Company insiders own 0.80% of the company’s stock.

Delta Air Lines News Roundup

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

• Positive Sentiment: Delta beat Q2 expectations, reporting adjusted EPS of $1.56 on revenue of $17.67 billion, both above estimates, with revenue up 18.7% year over year.
• Positive Sentiment: The company reaffirmed its full-year 2026 EPS outlook of $6.50 to $7.50 and guided Q3 EPS to $2.00 to $2.50, both above Wall Street estimates, signaling confidence in continued demand.
• Positive Sentiment: Management said premium, corporate, and international travel remain strong, helping offset higher operating costs, and also announced a 15% increase in its dividend beginning in the September quarter.
• Positive Sentiment: Delta highlighted customer-service improvements from its AI assistant and digital tools, which lifted customer satisfaction scores by 25 points during travel disruptions.
• Neutral Sentiment: Several reports say analysts and options traders see the post-earnings selloff as a potential buying opportunity, suggesting the market may be overreacting to the results.
• Neutral Sentiment: Media coverage noted Delta’s ability to keep fares elevated even as fuel prices ease, which supports revenue but may limit demand upside if pricing remains stretched.
• Negative Sentiment: Investors are worried about margin pressure after Delta absorbed the highest quarterly fuel expense in its history, which weighed on profits despite strong sales.
• Negative Sentiment: Although earnings beat expectations, profit fell from a year ago, and the market appears to be discounting that decline along with rising labor and inflation costs.

Delta Air Lines Stock Performance

Shares of DAL stock traded down $1.52 on Friday, hitting $87.48. 10,933,898 shares of the stock were exchanged, compared to its average volume of 7,927,375. The firm’s 50 day moving average is $81.10 and its two-hundred day moving average is $72.54. Delta Air Lines, Inc. has a one year low of $50.44 and a one year high of $95.68. The firm has a market capitalization of $57.48 billion, a PE ratio of 12.75, a P/E/G ratio of 1.27 and a beta of 1.29. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 0.54.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings data on Friday, July 10th. The transportation company reported $1.56 EPS for the quarter, beating the consensus estimate of $1.49 by $0.07. The business had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.55 billion. Delta Air Lines had a net margin of 6.87% and a return on equity of 20.28%. The company’s revenue was up 18.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.10 earnings per share. Delta Air Lines has set its FY 2026 guidance at 6.500-7.500 EPS and its Q3 2026 guidance at 2.000-2.500 EPS. Sell-side analysts expect that Delta Air Lines, Inc. will post 5.78 earnings per share for the current fiscal year.

Delta Air Lines Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 9th will be paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Thursday, July 9th. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. Delta Air Lines’s dividend payout ratio is currently 12.54%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Evercore boosted their target price on Delta Air Lines from $85.00 to $105.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Zacks Research upgraded Delta Air Lines from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. Benchmark reissued a “buy” rating on shares of Delta Air Lines in a research report on Wednesday. BNP Paribas Exane cut their price objective on Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 21st. Finally, Morgan Stanley set a $125.00 price objective on Delta Air Lines in a research note on Friday. Twenty-two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $97.06.

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.