Delta Air Lines, Inc. $DAL Stock Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC lowered its stake in Delta Air Lines, Inc. (NYSE:DAL) by 6.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,442,130 shares of the transportation company’s stock after selling 94,589 shares during the period. Delta Air Lines comprises 1.5% of Douglas Lane & Associates LLC’s holdings, making the stock its 15th largest position. Douglas Lane & Associates LLC’s holdings in Delta Air Lines were worth $120,360,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DAL. Bank of New York Mellon Corp purchased a new stake in Delta Air Lines in the second quarter worth about $1,182,646,000. Pacer Advisors Inc. grew its stake in Delta Air Lines by 50.9% during the first quarter. Pacer Advisors Inc. now owns 4,033,595 shares of the transportation company’s stock valued at $268,153,000 after acquiring an additional 1,360,195 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Delta Air Lines by 4.7% in the 4th quarter. Russell Investments Group Ltd. now owns 2,779,679 shares of the transportation company’s stock worth $192,900,000 after acquiring an additional 124,267 shares during the last quarter. Panagora Asset Management Inc. increased its holdings in shares of Delta Air Lines by 31.1% in the 4th quarter. Panagora Asset Management Inc. now owns 1,804,005 shares of the transportation company’s stock worth $125,198,000 after buying an additional 428,450 shares during the last quarter. Finally, Great Lakes Advisors LLC bought a new position in shares of Delta Air Lines during the 2nd quarter valued at approximately $160,265,000. 69.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on DAL shares. Evercore raised their price target on shares of Delta Air Lines from $85.00 to $105.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Argus set a $105.00 price objective on shares of Delta Air Lines in a research note on Tuesday, July 14th. Benchmark reaffirmed a “buy” rating on shares of Delta Air Lines in a report on Wednesday, July 8th. Susquehanna cut their price target on Delta Air Lines from $105.00 to $100.00 and set a “positive” rating for the company in a research note on Wednesday. Finally, Bank of America raised their price target on shares of Delta Air Lines from $93.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Twenty-three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $99.01.

Insider Activity

In other news, President Peter Carter sold 39,900 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $92.98, for a total value of $3,709,902.00. Following the completion of the sale, the president directly owned 424,704 shares of the company’s stock, valued at approximately $39,488,977.92. The trade was a 8.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Alain Bellemare sold 35,000 shares of Delta Air Lines stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $92.72, for a total transaction of $3,245,200.00. Following the completion of the transaction, the executive vice president owned 95,025 shares in the company, valued at approximately $8,810,718. This represents a 26.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 356,726 shares of company stock worth $33,081,037 over the last three months. Company insiders own 0.80% of the company’s stock.

Trending Headlines about Delta Air Lines

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

• Positive Sentiment: Delta reported record September-quarter revenue of $17.59 billion, up 21.1% year over year, supported by broad demand, higher yields and strength in its premium business. Management said it expects fourth-quarter revenue to grow approximately 20% and maintained that travel demand remains healthy. Delta Air Lines Announces September Quarter 2026 Financial Results
• Positive Sentiment: The company said it can absorb roughly $6 billion in additional fuel costs through higher fares, operational discipline and its premium mix. Delta also plans to generate approximately $2.5 billion in 2026 free cash flow and repay more than $2 billion of debt, supporting balance-sheet improvement. Delta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand is still strong
• Neutral Sentiment: Unusual options activity showed traders purchasing 39,720 call options, about 34% above typical volume. This may indicate speculative optimism, but it does not establish a fundamental change in the company’s outlook.
• Neutral Sentiment: Delta is evaluating whether to launch its planned Saudi Arabia service later this month after security incidents near Riyadh. CEO Ed Bastian said safety considerations will determine the decision, creating uncertainty around the route’s timing. Delta CEO: Safety is going to make the call on launching Saudi Arabia flight
• Negative Sentiment: Adjusted third-quarter EPS was $1.72, below the roughly $1.77–$1.80 analyst consensus, while revenue also slightly missed estimates. It was Delta’s first earnings miss in about two years. Delta Air Lines Q3 Earnings and Revenues Lag Estimates
• Negative Sentiment: Jet-fuel costs rose approximately 62% from a year earlier, squeezing margins and overwhelming fare gains. Delta cut full-year 2026 adjusted EPS guidance to $5.10–$5.60 from $6.50–$7.50. Fourth-quarter EPS guidance of $1.15–$1.65 also brackets or falls below consensus, while projected revenue of $17.5 billion is below the $18.4 billion estimate. Delta Air Lines cuts profit forecast as fuel costs outpace fare gains

Delta Air Lines Stock Down 1.6%

Shares of DAL traded down $1.35 during mid-day trading on Friday, hitting $80.79. 7,537,430 shares of the company’s stock were exchanged, compared to its average volume of 8,612,278. The stock’s 50-day moving average is $83.61 and its 200-day moving average is $79.82. 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, Inc. has a fifty-two week low of $55.03 and a fifty-two week high of $95.68. The company has a market cap of $53.13 billion, a price-to-earnings ratio of 13.39, a P/E/G ratio of 1.36 and a beta of 1.34.

Delta Air Lines (NYSE:DAL) last released its earnings results on Friday, October 9th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.05). The company had revenue of $17.59 billion during the quarter, compared to analysts’ expectations of $17.65 billion. Delta Air Lines had a net margin of 5.79% and a return on equity of 17.52%. The company’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter last year, the business posted $1.71 earnings per share. Delta Air Lines has set its Q4 2026 guidance at 1.150-1.650 EPS and its FY 2026 guidance at 5.100-5.600 EPS. On average, sell-side analysts anticipate that Delta Air Lines, Inc. will post 5.79 earnings per share for the current fiscal year.

Delta Air Lines Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 5th. Investors of record on Thursday, October 15th will be issued a $0.2150 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, October 15th. Delta Air Lines’s dividend payout ratio is 14.26%.

Delta Air Lines Company Profile

Delta Air Lines, Inc is a major U.S. airline that provides scheduled passenger and air freight transportation. The company serves destinations throughout the United States and connects customers to international markets across Europe, Asia, Latin America, Canada, Africa and the Caribbean through its own operations and regional airline partners.

Delta offers multiple classes of passenger service, including premium cabins and its main cabin, along with travel-related products such as vacation packages and loyalty benefits through the SkyMiles program.