Massachusetts Financial Services Co. MA Lowers Position in Delta Air Lines, Inc. $DAL

Massachusetts Financial Services Co. MA reduced its stake in Delta Air Lines, Inc. (NYSE:DAL) by 8.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,105,924 shares of the transportation company’s stock after selling 302,397 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Delta Air Lines were worth $215,551,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of DAL. Wellington Management Group LLP raised its position in Delta Air Lines by 54.8% in the 3rd quarter. Wellington Management Group LLP now owns 5,817,783 shares of the transportation company’s stock valued at $330,159,000 after buying an additional 2,058,744 shares during the last quarter. Bank of New York Mellon Corp raised its position in Delta Air Lines by 23.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company’s stock valued at $434,813,000 after buying an additional 1,447,058 shares during the last quarter. Marshall Wace LLP raised its position in Delta Air Lines by 16,044.7% in the 3rd quarter. Marshall Wace LLP now owns 1,263,320 shares of the transportation company’s stock valued at $71,693,000 after buying an additional 1,255,495 shares during the last quarter. Ninety One UK Ltd raised its position in Delta Air Lines by 23.6% in the 3rd quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company’s stock valued at $219,095,000 after buying an additional 736,342 shares during the last quarter. Finally, Lansdowne Partners UK LLP raised its position in Delta Air Lines by 47.0% in the 3rd quarter. Lansdowne Partners UK LLP now owns 2,284,257 shares of the transportation company’s stock valued at $129,632,000 after buying an additional 730,368 shares during the last quarter. 69.93% of the stock is owned by hedge funds and other institutional investors.

Delta Air Lines Stock Up 0.1%

Shares of NYSE:DAL opened at $67.92 on Monday. The company has a market capitalization of $44.62 billion, a PE ratio of 9.90, a price-to-earnings-growth ratio of 1.07 and a beta of 1.31. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.42 and a quick ratio of 0.36. The business has a fifty day moving average price of $66.59 and a two-hundred day moving average price of $64.90. Delta Air Lines, Inc. has a 1 year low of $38.80 and a 1 year high of $76.39.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings data on Wednesday, April 8th. The transportation company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. The firm had revenue of $14.20 billion during the quarter, compared to the consensus estimate of $14.05 billion. Delta Air Lines had a return on equity of 20.28% and a net margin of 6.87%.The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.46 EPS. Analysts forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

Delta Air Lines Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, February 26th were paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Thursday, February 26th. Delta Air Lines’s dividend payout ratio is 10.93%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on DAL shares. HSBC lowered their price target on Delta Air Lines from $80.20 to $79.30 and set a “buy” rating for the company in a research report on Thursday. Sanford C. Bernstein reissued an “outperform” rating and issued a $81.00 price target on shares of Delta Air Lines in a research report on Wednesday, January 14th. TD Cowen increased their price target on Delta Air Lines from $76.00 to $84.00 and gave the company a “buy” rating in a research report on Thursday. Susquehanna lowered their price target on Delta Air Lines from $81.00 to $78.00 and set a “positive” rating for the company in a research report on Thursday. Finally, Jefferies Financial Group upped their price objective on Delta Air Lines from $72.00 to $78.00 and gave the company a “buy” rating in a research note on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $79.14.

Insider Transactions at Delta Air Lines

In other news, EVP Alain Bellemare sold 36,000 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $69.21, for a total transaction of $2,491,560.00. Following the completion of the transaction, the executive vice president owned 95,731 shares in the company, valued at approximately $6,625,542.51. This represents a 27.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Rahul D. Samant sold 62,528 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $70.18, for a total value of $4,388,215.04. Following the transaction, the executive vice president owned 20,939 shares of the company’s stock, valued at $1,469,499.02. The trade was a 74.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 620,550 shares of company stock worth $44,127,667. Company insiders own 0.96% of the company’s stock.

Delta Air Lines News Roundup

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

• Positive Sentiment: Q1 results beat expectations — revenue and EPS surprised to the upside, which was cited as the main trigger for the relief rally in DAL shares. Delta (NYSE:DAL) Exceeds Q1 CY2026 Expectations, Stock Jumps 11.8%
• Positive Sentiment: Broker upgrades and higher price targets are piling up (UBS raised its target to $86, TD Cowen/Argus/Raymond James raised theirs), supporting bullish sentiment and providing analyst cover for further gains. Delta Air Lines (NYSE:DAL) Given New $86.00 Price Target at UBS Group
• Positive Sentiment: Geopolitical news (a U.S.–Iran ceasefire) pushed oil down, lifting airline multiples and reversing some immediate pressure on margins — a market tailwind that amplified the stock’s move. Stock Market Rally Revs Higher On Iran Ceasefire; Amazon, AI Names In Focus: Weekly Review
• Neutral Sentiment: Short interest jumped ~45% between Mar. 15 and Mar. 31 to ~23.97M shares (3.7% short), raising trading volatility risk and signaling increased bearish positioning or hedging activity.
• Neutral Sentiment: Unusual options activity has been noted on DAL, which can amplify intraday moves and skew implied volatility. Delta Air Lines Target of Unusually High Options Trading (NYSE:DAL)
• Negative Sentiment: Q2 guidance and fuel outlook weigh on fundamentals — Delta warned of roughly $2B of incremental fuel costs for the quarter, gave EPS guidance (Q2) well below consensus ( $1.00–$1.50 vs ~ $2.09 ), and said it will cut capacity and raise certain fees to offset costs. That guidance cap and $2B headwind are key reasons for caution. Delta’s Double Miss Is a Warning for Airline Stocks
• Negative Sentiment: Operational adjustments: Delta announced reduced flights and new fees as part of its response to the fuel shock — actions that help margins but may slow growth/PR and could cap upside if demand softens. Delta Air Lines is reducing flights and raising fees as it combats fuel shock. Here’s why the stock is up anyway

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.