Worthington Financial Partners LLC bought a new position in shares of Delta Air Lines, Inc. (NYSE:DAL – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor bought 9,595 shares of the transportation company’s stock, valued at approximately $666,000.
Several other hedge funds have also recently modified their holdings of the stock. Accredited Wealth Management LLC boosted its holdings in Delta Air Lines by 1,983.3% in the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after buying an additional 476 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in shares of Delta Air Lines during the fourth quarter valued at approximately $31,000. SWAN Capital LLC lifted its position in shares of Delta Air Lines by 1,016.0% in the third 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 acquired a new stake in shares of Delta Air Lines in the fourth quarter worth approximately $34,000. Finally, Cornerstone Planning Group LLC increased its position in shares of Delta Air Lines by 451.6% during the fourth quarter. Cornerstone Planning Group LLC now owns 524 shares of the transportation company’s stock worth $34,000 after purchasing an additional 429 shares in the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.
Delta Air Lines News Summary
Here are the key news stories impacting Delta Air Lines this week:
- Positive Sentiment: Delta boosted its quarterly dividend by about 15% to $0.215 per share, signaling confidence in cash generation and rewarding shareholders. Delta Air Lines Declares Quarterly Dividend
- Positive Sentiment: Lower crude oil prices are seen as a tailwind for airline stocks, including Delta, because cheaper fuel can improve margins while travel demand remains steady. U.S. Global Investors sees tailwind for airline stocks as oil prices slide
- Positive Sentiment: Delta announced it will host a July 10 webcast for June quarter 2026 financial results, keeping investors focused on the upcoming earnings update and potential guidance. Delta Air Lines Announces Webcast of June Quarter 2026 Financial Results
- Positive Sentiment: The U.S. government closed its investigation into Delta’s handling of the CrowdStrike outage, removing a regulatory overhang tied to the 2024 travel disruption. Trump Administration Clears Delta in CrowdStrike Outage Probe
Analysts Set New Price Targets
Get Our Latest Stock Report on DAL
Insider Transactions at Delta Air Lines
In related news, EVP John E. Laughter sold 69,304 shares of the firm’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $68.15, for a total value of $4,723,067.60. Following the completion of the sale, the executive vice president owned 69,369 shares in the company, valued at $4,727,497.35. This trade represents a 49.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Alain Bellemare sold 25,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the sale, the executive vice president directly owned 95,025 shares in the company, valued at approximately $7,738,836. This represents a 20.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 149,635 shares of company stock valued at $10,833,855 in the last ninety days. 0.80% of the stock is currently owned by company insiders.
Delta Air Lines Trading Down 0.0%
NYSE:DAL opened at $84.16 on Friday. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 0.54. The stock’s 50 day simple moving average is $74.69 and its 200-day simple moving average is $70.25. The firm has a market cap of $55.29 billion, a P/E ratio of 12.27, a PEG ratio of 1.19 and a beta of 1.30. Delta Air Lines, Inc. has a 12-month low of $45.28 and a 12-month high of $87.39.
Delta Air Lines (NYSE:DAL – Get Free Report) last announced its quarterly earnings data on Wednesday, April 8th. The transportation company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The firm had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.05 billion. Delta Air Lines had a return on equity of 20.28% and a net margin of 6.87%.Delta Air Lines’s quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.46 earnings per share. Equities analysts anticipate that Delta Air Lines, Inc. will post 5.37 EPS for the current 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 dividend of $0.215 per share. 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. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. Delta Air Lines’s dividend payout ratio is currently 10.93%.
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.
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