Delta Air Lines, Inc. (NYSE:DAL – Get Free Report) EVP Steven Sear sold 40,460 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $93.55, for a total transaction of $3,785,033.00. Following the completion of the sale, the executive vice president owned 104,404 shares in the company, valued at approximately $9,766,994.20. This trade represents a 27.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Delta Air Lines Price Performance
DAL stock opened at $91.31 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.35 and a current ratio of 0.42. The firm has a 50 day moving average price of $86.47 and a 200-day moving average price of $74.89. Delta Air Lines, Inc. has a 52-week low of $52.88 and a 52-week high of $95.68. The firm has a market capitalization of $60.05 billion, a price-to-earnings ratio of 15.14, a PEG ratio of 1.16 and a beta of 1.31.
Delta Air Lines (NYSE:DAL – Get Free Report) last posted its quarterly earnings data on Thursday, July 9th. The transportation company reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.07. The company had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.43 billion. Delta Air Lines had a return on equity of 17.52% and a net margin of 5.79%.The firm’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same quarter last year, the company earned $2.10 EPS. Equities research analysts forecast that Delta Air Lines, Inc. will post 6.54 EPS for the current fiscal year.
Delta Air Lines Increases Dividend
Hedge Funds Weigh In On Delta Air Lines
A number of hedge funds have recently bought and sold shares of DAL. Bank of New York Mellon Corp bought a new stake in shares of Delta Air Lines in the second quarter worth $1,182,646,000. Wellington Management Group LLP lifted its holdings in Delta Air Lines by 137.4% in the fourth quarter. Wellington Management Group LLP now owns 13,811,787 shares of the transportation company’s stock valued at $958,538,000 after acquiring an additional 7,994,004 shares during the period. Life Cycle Investment Partners Ltd purchased a new position in Delta Air Lines in the fourth quarter worth about $471,532,000. Pacer Advisors Inc. grew its stake in shares of Delta Air Lines by 1,579.2% during the 4th quarter. Pacer Advisors Inc. now owns 2,673,400 shares of the transportation company’s stock valued at $185,534,000 after purchasing an additional 2,514,193 shares during the period. Finally, AQR Capital Management LLC grew its stake in shares of Delta Air Lines by 44.3% during the 4th quarter. AQR Capital Management LLC now owns 6,155,776 shares of the transportation company’s stock valued at $426,441,000 after purchasing an additional 1,890,521 shares during the period. Hedge funds and other institutional investors own 69.93% of the company’s stock.
Analyst Ratings Changes
Several analysts recently commented on DAL shares. The Goldman Sachs Group reissued a “buy” rating on shares of Delta Air Lines in a research report on Monday. Raymond James Financial cut shares of Delta Air Lines from a “strong-buy” rating to an “outperform” rating and lifted their target price for the stock from $80.00 to $104.00 in a report on Monday, July 6th. Benchmark reiterated a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, July 8th. Barclays increased their price target on shares of Delta Air Lines from $85.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Finally, BMO Capital Markets boosted their price objective on shares of Delta Air Lines from $80.00 to $105.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Twenty-three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $100.40.
Check Out Our Latest Stock Analysis on Delta Air Lines
Key Stories Impacting Delta Air Lines
Here are the key news stories impacting Delta Air Lines this week:
- Positive Sentiment: Delta’s latest quarterly results exceeded expectations, with earnings per share of $1.56 versus the $1.49 consensus and revenue of $17.67 billion versus estimates of $17.43 billion. Revenue increased 18.7% year over year, supporting the view that demand and pricing remain solid.
- Positive Sentiment: Analyst coverage remains favorable: 23 analysts rate DAL a Buy and two rate it Hold, with an average price target of $100.40. Recent target increases from JPMorgan, UBS, Argus and other firms suggest additional upside from current levels.
- Positive Sentiment: LATAM Airlines’ earnings beat, driven by stronger passenger and cargo revenue, indicates resilient international travel demand. LATAM’s improved 2026 outlook could reinforce expectations for healthy traffic and premium revenue across the airline industry. LTM Q2 Earnings Beat on Strong Passenger and Cargo Revenues
- Neutral Sentiment: Corporate customers are resisting restrictive, low-priced business- and premium-economy fares because flexibility to change flights is considered more valuable than the initial discount. This could limit Delta’s ability to expand revenue through stripped-down premium products, although it may preserve demand for higher-priced flexible fares. Companies scoff at airlines’ cheapest business class tickets
- Negative Sentiment: Several insiders sold substantial positions after DAL’s sharp advance, including CEO Edward Bastian’s roughly $19.2 million sale, along with transactions by executives and directors. While such sales may reflect diversification or compensation, their timing and scale can pressure investor sentiment. Delta Air Lines CEO Edward Bastian Sells Company Shares Worth $19.2 Million
- Negative Sentiment: Copa Holdings’ earnings decline caused by higher jet-fuel costs highlights the airline industry’s vulnerability to energy prices and margin compression. Separately, concerns about the Iran war may increase geopolitical and fuel-cost risk for airlines, even though the cited analyst downgrade directly targets JetBlue rather than Delta. Copa Holdings Q2 Earnings Miss on Higher Fuel Costs, Revenues Lag
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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