Delta Air Lines, Inc. $DAL Holdings Lifted by Zweig DiMenna Associates LLC

Zweig DiMenna Associates LLC boosted its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 9.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 268,810 shares of the transportation company’s stock after purchasing an additional 22,500 shares during the period. Delta Air Lines makes up approximately 1.1% of Zweig DiMenna Associates LLC’s holdings, making the stock its 26th biggest position. Zweig DiMenna Associates LLC’s holdings in Delta Air Lines were worth $15,255,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in DAL. AlphaQuest LLC boosted its holdings in shares of 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 buying an additional 211 shares during the period. NewSquare Capital LLC lifted its position in shares of Delta Air Lines by 184.6% in the 2nd quarter. NewSquare Capital LLC now owns 572 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 371 shares in the last quarter. First Horizon Corp acquired a new position in Delta Air Lines in the 3rd quarter worth approximately $38,000. Kilter Group LLC purchased a new position in Delta Air Lines during the 2nd quarter worth approximately $35,000. Finally, Hemington Wealth Management grew its position in Delta Air Lines by 37.6% during the 3rd quarter. Hemington Wealth Management now owns 779 shares of the transportation company’s stock worth $44,000 after purchasing an additional 213 shares in the last quarter. 69.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Susquehanna raised their price objective on Delta Air Lines from $70.00 to $85.00 and gave the stock a “positive” rating in a research report on Friday, January 9th. TD Cowen restated a “buy” rating on shares of Delta Air Lines in a report on Wednesday, January 7th. Seaport Research Partners upped 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 note on Friday, January 9th. BMO Capital Markets reissued an “outperform” rating on shares of Delta Air Lines in a research note on Wednesday, January 14th. Finally, The Goldman Sachs Group increased their price objective on Delta Air Lines from $77.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $80.47.

Delta Air Lines Price Performance

NYSE DAL opened at $68.95 on Tuesday. Delta Air Lines, Inc. has a fifty-two week low of $34.74 and a fifty-two week high of $76.39. The stock’s 50-day moving average is $70.05 and its two-hundred day moving average is $63.14. The firm has a market cap of $45.04 billion, a P/E ratio of 8.99, a price-to-earnings-growth ratio of 0.67 and a beta of 1.37. 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 issued its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.02. Delta Air Lines had a return on equity of 20.96% and a net margin of 7.90%.The business had revenue of $14.61 billion for the quarter, compared to analyst estimates of $15.80 billion. During the same quarter in the prior year, the firm posted $1.85 EPS. The firm’s revenue for the quarter 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, analysts anticipate that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Delta Air Lines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, February 26th will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, February 26th. Delta Air Lines’s payout ratio is presently 9.78%.

Insider Buying and Selling at Delta Air Lines

In related news, EVP Rahul D. Samant sold 62,528 shares of the firm’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $70.18, for a total value of $4,388,215.04. Following the transaction, the executive vice president directly owned 20,939 shares in the company, valued at approximately $1,469,499.02. This trade represents a 74.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Steven M. Sear sold 38,600 shares of Delta Air Lines stock in a transaction on Monday, February 9th. The stock was sold at an average price of $75.05, for a total transaction of $2,896,930.00. Following the completion of the transaction, the executive vice president owned 104,404 shares in the company, valued at $7,835,520.20. This trade represents a 26.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 520,550 shares of company stock worth $37,101,667 in the last quarter. 0.96% of the stock is owned by corporate insiders.

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.