Pacer Advisors Inc. Acquires 1,360,195 Shares of Delta Air Lines, Inc. $DAL

Posted by Don Miller on Aug 3rd, 2026

Pacer Advisors Inc. boosted its stake in shares of Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 50.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,033,595 shares of the transportation company’s stock after buying an additional 1,360,195 shares during the period. Pacer Advisors Inc.’s holdings in Delta Air Lines were worth $268,153,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of DAL. Wellington Management Group LLP increased its holdings in shares of Delta Air Lines by 137.4% in the 4th quarter. Wellington Management Group LLP now owns 13,811,787 shares of the transportation company’s stock valued at $958,538,000 after acquiring an additional 7,994,004 shares during the period. Life Cycle Investment Partners Ltd purchased a new position in Delta Air Lines in the fourth quarter valued at about $471,532,000. Bank of New York Mellon Corp grew its stake in Delta Air Lines by 29.2% in the first quarter. Bank of New York Mellon Corp now owns 12,270,241 shares of the transportation company’s stock valued at $815,726,000 after purchasing an additional 2,773,945 shares during the last quarter. AQR Capital Management LLC raised its holdings in Delta Air Lines by 44.3% in the fourth quarter. AQR Capital Management LLC now owns 6,155,776 shares of the transportation company’s stock worth $426,441,000 after purchasing an additional 1,890,521 shares in the last quarter. Finally, Silvercrest Asset Management Group LLC bought a new position in Delta Air Lines in the fourth quarter worth about $124,444,000. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines Stock Performance

DAL opened at $87.53 on Monday. The company has a market cap of $57.56 billion, a P/E ratio of 14.52, a price-to-earnings-growth ratio of 1.10 and a beta of 1.31. The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 0.48. The firm’s 50-day moving average price is $85.29 and its 200-day moving average price is $74.14. Delta Air Lines, Inc. has a 52-week low of $50.44 and a 52-week high of $95.68.

Delta Air Lines (NYSE:DAL – Get Free Report) last released its earnings results on Thursday, July 9th. The transportation company reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.07. The company had revenue of $17.67 billion during the quarter, compared to analysts’ expectations of $17.43 billion. Delta Air Lines had a net margin of 5.79% and a return on equity of 17.52%. Delta Air Lines’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period last year, the business earned $2.10 EPS. As a group, equities analysts anticipate that Delta Air Lines, Inc. will post 6.54 EPS for the current fiscal year.

Delta Air Lines Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th were paid a dividend of $0.215 per share. The ex-dividend date was Thursday, July 9th. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. This represents a $0.86 annualized dividend and a dividend yield of 1.0%. Delta Air Lines’s payout ratio is presently 14.26%.

Insider Buying and Selling at Delta Air Lines

In other news, EVP Alain Bellemare sold 25,000 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 95,025 shares of the company’s stock, valued at $7,738,836. The trade was a 20.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Allison C. Ausband sold 5,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $79.00, for a total value of $395,000.00. Following the completion of the transaction, the executive vice president directly owned 133,854 shares in the company, valued at approximately $10,574,466. The trade was a 3.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 65,331 shares of company stock valued at $5,036,638 over the last quarter. Insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

DAL has been the subject of several analyst reports. Morgan Stanley increased their price target on shares of Delta Air Lines from $115.00 to $125.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. Bank of America boosted their price objective on shares of Delta Air Lines from $93.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Wolfe Research decreased their target price on shares of Delta Air Lines from $81.00 to $73.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Evercore raised their target price on shares of Delta Air Lines from $85.00 to $105.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Finally, HSBC cut their price target on shares of Delta Air Lines from $80.20 to $79.30 and set a “buy” rating on the stock in a report on Thursday, April 9th. Twenty-three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Delta Air Lines has an average rating of “Moderate Buy” and an average price target of $100.40.

Check Out Our Latest Stock Analysis on DAL

Key Stories Impacting Delta Air Lines

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

Positive Sentiment: Wall Street analysts remain optimistic about Delta’s prospects, with coverage emphasizing the stock’s market outperformance and favorable recommendations. This supports investor confidence, although the reports provide limited new fundamental information. Do Wall Street Analysts Like Delta Air Lines Stock? Do Wall Street Analysts Like Delta Air Lines Stock?
Positive Sentiment: A Delta partnership with DraftKings will offer customers a free-to-play sports knowledge contest. The initiative could modestly strengthen customer engagement and ancillary revenue opportunities, but its direct financial effect is likely limited. Delta, DraftKings partner on free-to-play sports knowledge contest
Neutral Sentiment: Delta has attracted elevated attention from Zacks users, while broker commentary continues to favor the stock. The increased visibility may support trading interest, but it does not represent a new earnings or operating catalyst. Delta Air Lines Is a Trending Stock Brokers Suggest Investing in Delta
Neutral Sentiment: Boeing narrowly led Airbus in orders at the Farnborough Airshow. A healthier Boeing could eventually improve aircraft supply and fleet-planning flexibility for airlines such as Delta, but the development has no immediate, material impact on DAL. Airlines Are Still Willing to Bet on Boeing

Delta Air Lines Company Profile

(Free Report)

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.