Cannell & Spears LLC Takes $1.13 Million Position in Delta Air Lines, Inc. $DAL

Cannell & Spears LLC purchased a new stake in Delta Air Lines, Inc. (NYSE:DAL) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 19,874 shares of the transportation company’s stock, valued at approximately $1,128,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. AlphaQuest LLC grew its holdings in Delta Air Lines by 90.6% during the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after acquiring an additional 211 shares during the last quarter. Accredited Wealth Management LLC raised its stake in shares of Delta Air Lines by 1,983.3% in the third quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after acquiring an additional 476 shares during the last quarter. SWAN Capital LLC lifted its position in shares of Delta Air Lines by 1,016.0% during the third 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. Kilter Group LLC acquired a new position in shares of Delta Air Lines during the second quarter worth approximately $35,000. Finally, First Horizon Corp bought a new stake in shares of Delta Air Lines during the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 69.93% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Rahul D. Samant sold 62,528 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $70.18, for a total transaction of $4,388,215.04. Following the completion of the transaction, the executive vice president directly owned 20,939 shares in the company, valued at approximately $1,469,499.02. The trade was a 74.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Alain Bellemare sold 35,212 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $75.20, for a total value of $2,647,942.40. Following the completion of the sale, the executive vice president directly owned 138,176 shares of the company’s stock, valued at approximately $10,390,835.20. This trade represents a 20.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 620,550 shares of company stock valued at $44,127,667 in the last ninety days. 0.96% of the stock is currently owned by insiders.

Delta Air Lines Trading Up 1.5%

Shares of NYSE DAL opened at $58.79 on Monday. Delta Air Lines, Inc. has a fifty-two week low of $34.74 and a fifty-two week high of $76.39. The firm has a market capitalization of $38.39 billion, a P/E ratio of 7.66, a P/E/G ratio of 0.59 and a beta of 1.34. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34. The company’s 50 day simple moving average is $67.96 and its 200 day simple moving average is $64.11.

Delta Air Lines (NYSE:DAL) last released its earnings results on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.02. The firm had revenue of $14.61 billion during the quarter, compared to analyst estimates of $15.80 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.85 EPS. 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 predict that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Delta Air Lines Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, February 26th will be paid a dividend of $0.1875 per share. The ex-dividend date of this dividend is Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.3%. Delta Air Lines’s payout ratio is 9.78%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DAL. Argus set a $80.00 price target on shares of Delta Air Lines in a report on Wednesday, January 14th. Wolfe Research upped their price objective on Delta Air Lines from $70.00 to $83.00 and gave the stock an “outperform” rating in a report on Wednesday, January 14th. The Goldman Sachs Group increased their price objective on Delta Air Lines from $77.00 to $80.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Dbs Bank raised Delta Air Lines to a “moderate buy” rating in a research note on Monday, January 19th. Finally, Citigroup restated a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $79.43.

More Delta Air Lines News

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

• Positive Sentiment: Jefferies cut its price target to $72 but retained a Buy rating, signaling continued analyst conviction in Delta’s longer‑term recovery and implying upside from current levels. Delta Air Lines (NYSE:DAL) Given New $72.00 Price Target at Jefferies Financial Group
• Positive Sentiment: Citi put Delta on a 30‑day “positive catalyst watch,” highlighting potential near‑term bullish catalysts (refinery edge, trans‑Atlantic demand) that could support the stock. Citi Research puts Delta and SkyWest on 30‑day positive catalyst watch
• Positive Sentiment: Industry reporting notes that credit‑card partnerships and upfront cash from co‑branded cards are reshaping airline loyalty economics and improving non‑fare profit streams — a tailwind for Delta’s margins and cash flow. Credit‑card cash reshapes US airline loyalty — and profit
• Neutral Sentiment: Rothschild & Co Redburn trimmed its price target to $70 but kept a Buy rating, reflecting mixed views: confidence in Delta’s fundamentals but recognition of near‑term capacity and margin pressure. Rothschild & Co Redburn Lowers Delta Air Lines, Inc. (DAL) Price Target to $70
• Neutral Sentiment: Recent coverage weighing valuation: some outlets argue the pullback makes DAL attractive versus historic ranges, while others flag the stock’s YTD weakness — a reminder that consensus upside still coexists with risk. Is Delta Air Lines Stock Underperforming the Nasdaq?
• Negative Sentiment: Delta extended a pause on New York–Tel Aviv flights through month‑end amid regional volatility, reducing international capacity and near‑term revenue on that route. Delta extends pause on New York‑Tel Aviv flights through month‑end
• Negative Sentiment: Oil has surged toward $100/barrel, prompting sectorwide downdrafts as fuel costs and perceived travel risk rise — a primary immediate headwind for airline margins and stock performance. Airline Stocks Were Pricing 2026 Like A Runway—Oil Just Made It A Cliff Edge
• Negative Sentiment: TD Cowen downgraded Delta to a “Hold,” adding to mixed sell‑side signals and increasing short‑term sentiment pressure. Delta Air Lines (NYSE:DAL) Cut to “Hold” at TD Cowen

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.