Delta Air Lines, Inc. $DAL Shares Bought by Calamos Advisors LLC

Calamos Advisors LLC grew its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 3.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 379,989 shares of the transportation company’s stock after purchasing an additional 11,395 shares during the quarter. Calamos Advisors LLC’s holdings in Delta Air Lines were worth $25,262,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Lloyd Advisory Services LLC. bought a new position in Delta Air Lines in the 4th quarter worth approximately $31,000. SWAN Capital LLC raised its stake in Delta Air Lines by 1,016.0% during the 3rd quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 508 shares in the last quarter. Camelot Portfolios LLC bought a new stake in Delta Air Lines during the 4th quarter valued at $34,000. Cornerstone Planning Group LLC boosted its position in Delta Air Lines by 451.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 524 shares of the transportation company’s stock worth $34,000 after acquiring an additional 429 shares during the period. Finally, Byrne Asset Management LLC bought a new stake in Delta Air Lines during the fourth quarter worth approximately $35,000. 69.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on DAL shares. TD Cowen increased their price target on Delta Air Lines from $92.00 to $106.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. HSBC cut their price objective on Delta Air Lines from $80.20 to $79.30 and set a “buy” rating for the company in a report on Thursday, April 9th. Seaport Research Partners raised their target price on Delta Air Lines from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. Bank of America lifted their target price on Delta Air Lines from $93.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Delta Air Lines in a research report on Tuesday, July 7th. Twenty-three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $99.38.

Delta Air Lines News Roundup

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

• Positive Sentiment: Delta reaffirmed its full-year outlook after reporting stronger-than-expected Q2 results, reinforcing the view that earnings remain resilient despite higher fuel costs. Bank of America kept a Buy rating and said the earnings beat supports Delta’s valuation. Delta Air Lines earnings resilience supports valuation, Bank of America says
• Positive Sentiment: Several analysts raised price targets after the earnings release, citing a better revenue mix, premium demand, and improved outlook for cash flow and margins. JPMorgan reportedly lifted its target to $114 and maintained an overweight view. These Analysts Boost Their Forecasts On Delta Air Following Upbeat Q2 Results
• Positive Sentiment: Commentary around Delta’s premium product, loyalty growth, and durable demand suggests the airline is becoming more resilient and less dependent on basic fares, which investors often view as a higher-quality earnings mix. Delta Air Lines Stock Outlook as Premium Demand Fuels Growth
• Neutral Sentiment: Management emphasized disciplined capacity, stronger pricing, and diversified revenue streams, but also acknowledged record fuel expense and ongoing margin pressure, leaving the near-term setup balanced. DAL Q2 Earnings Call Highlights Durable Demand, Firm Outlook
• Negative Sentiment: Some coverage warns that fuel, labor, and capacity risks could limit upside, while geopolitical tensions and broader airline-sector concerns may create short-term turbulence for DAL shares. Thanks to Escalating Iran Tensions, Delta Air Lines Stock Could Face Turbulence. How to Trade It Here.

Insiders Place Their Bets

In other Delta Air Lines news, EVP Allison C. Ausband sold 9,710 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $76.00, for a total value of $737,960.00. Following the transaction, the executive vice president owned 138,854 shares in the company, valued at $10,552,904. The trade was a 6.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Alain Bellemare sold 25,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $81.44, for a total value of $2,036,000.00. Following the completion of the transaction, the executive vice president directly owned 95,025 shares in the company, valued at approximately $7,738,836. The trade was a 20.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 65,331 shares of company stock worth $5,036,638 over the last ninety days. 0.80% of the stock is currently owned by company insiders.

Delta Air Lines Stock Performance

Shares of DAL opened at $86.19 on Tuesday. The company’s 50 day moving average price is $81.46 and its 200 day moving average price is $72.65. Delta Air Lines, Inc. has a 52 week low of $50.44 and a 52 week high of $95.68. The company has a market capitalization of $56.63 billion, a PE ratio of 14.29, a PEG ratio of 1.11 and a beta of 1.29. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.35 and a current ratio of 0.42.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings data on Thursday, July 9th. The transportation company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.07. Delta Air Lines had a net margin of 5.79% and a return on equity of 17.52%. The firm had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.43 billion. During the same quarter in the prior year, the business earned $2.10 EPS. The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. Research analysts expect that Delta Air Lines, Inc. will post 6.5 EPS for the current fiscal year.

Delta Air Lines Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th will be paid a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Thursday, July 9th. Delta Air Lines’s dividend payout ratio (DPR) is currently 14.26%.

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.