Delta Air Lines, Inc. $DAL Stock: TD Waterhouse Canada Inc. Boosts Holdings

Posted by Stanley Muller on Oct 20th, 2026

TD Waterhouse Canada Inc. raised its position in Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 68.0% during the third quarter, Holdings Channel reports. The firm owned 75,861 shares of the transportation company’s stock after buying an additional 30,700 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Delta Air Lines were worth $6,404,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in DAL. Markowski Investments purchased a new position in shares of Delta Air Lines during the second quarter worth $27,000. Timbuktu Capital Management LLC acquired a new position in shares of Delta Air Lines in the second quarter worth $31,000. Elevation Wealth Partners LLC increased its position in shares of Delta Air Lines by 195.9% during the second quarter. Elevation Wealth Partners LLC now owns 358 shares of the transportation company’s stock worth $34,000 after acquiring an additional 237 shares during the period. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of Delta Air Lines during the third quarter worth $44,000. Finally, Atlas Wealth LLC purchased a new stake in shares of Delta Air Lines during the first quarter worth $35,000. 69.93% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Delta Air Lines

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

Positive Sentiment: Delta plans to add more than 45 round-trip flights and approximately 6,000 seats from Boston for the 2027 Patriots’ Day and spring-break period. The 15% capacity increase is intended to capture strong leisure demand and strengthen Delta’s competitive position in Boston. Delta Air Lines Expands Boston Flights for Spring Break Demand
Positive Sentiment: UBS said Delta’s fourth-quarter guidance is strong enough to modestly raise the revenue expectations for peer airlines, suggesting resilient demand and potentially favorable industry conditions. Delta Air Lines’ Q4 Guidance Slightly Raises Revenue Bar for Peers, UBS Says
Neutral Sentiment: Brokerage analysts continue to view DAL favorably based on its average recommendation, but the article cautions that sell-side ratings can be overly optimistic and should not be treated as a stand-alone buy signal. Delta Is Considered a Good Investment by Brokers
Negative Sentiment: Delta reportedly reduced its 2026 earnings outlook, which is the clearest pressure on the stock. Lower expected profits can lead investors to reduce valuation estimates, despite the company’s projected full-year EPS range and ongoing revenue growth. Delta Cuts 2026 Earnings Outlook
Negative Sentiment: Elon Musk criticized Delta for choosing Amazon’s onboard connectivity solution instead of Starlink, arguing that Starlink could become a competitive necessity for airlines. The comments raise concerns about Delta potentially falling behind rivals adopting Starlink, although they do not represent a confirmed change in Delta’s strategy. Elon Musk Criticizes Delta’s Connectivity Decision
Negative Sentiment: Delta’s CEO indicated that higher fuel costs are likely to keep airfares elevated, potentially limiting passenger demand and increasing pressure on consumers and operating costs. Delta CEO Discusses Airfare Pricing

Delta Air Lines Trading Down 1.1%

NYSE:DAL opened at $74.56 on Tuesday. The company has a market capitalization of $49.06 billion, a PE ratio of 13.78, a P/E/G ratio of 1.35 and a beta of 1.34. Delta Air Lines, Inc. has a 52-week low of $55.03 and a 52-week high of $95.68. The stock’s 50 day moving average price is $81.80 and its 200 day moving average price is $80.43. The company has a quick ratio of 0.32, a current ratio of 0.40 and a debt-to-equity ratio of 0.42.

Delta Air Lines (NYSE:DAL – Get Free Report) last issued its quarterly earnings data on Friday, October 9th. The transportation company reported $1.72 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.05). The firm had revenue of $17.59 billion during the quarter, compared to analysts’ expectations of $17.64 billion. Delta Air Lines had a net margin of 4.58% and a return on equity of 16.83%. Delta Air Lines’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.71 EPS. 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, research analysts anticipate that Delta Air Lines, Inc. will post 5.32 EPS for the current year.

Delta Air Lines Announces Dividend

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 given a $0.2150 dividend. The ex-dividend date is Thursday, October 15th. This represents a $0.86 annualized dividend and a yield of 1.2%. Delta Air Lines’s dividend payout ratio is 17.17%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Cantor Fitzgerald set a $101.00 price objective on Delta Air Lines in a research note on Friday, October 2nd. Benchmark reissued a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, July 8th. BMO Capital Markets upped their target price on shares of Delta Air Lines from $100.00 to $105.00 and gave the stock an “outperform” rating in a research note on Monday, October 12th. Weiss Ratings raised shares of Delta Air Lines from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, July 21st. Finally, Bank of America raised their target price on shares of Delta Air Lines from $93.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Twenty-two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.65.

Get Our Latest Stock Analysis on Delta Air Lines

Insider Transactions at Delta Air Lines

In other Delta Air Lines news, CEO Edward Bastian sold 206,510 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $92.80, for a total transaction of $19,164,128.00. Following the transaction, the chief executive officer directly owned 1,363,448 shares of the company’s stock, valued at approximately $126,527,974.40. This trade represents a 13.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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 have sold 356,726 shares of company stock worth $33,081,037 over the last 90 days. Company insiders own 0.80% of the company’s stock.

About Delta Air Lines

(Free Report)

Delta Air Lines, Inc is a major U.S. airline headquartered in Atlanta, Georgia. The company provides scheduled passenger air transportation to destinations across the United States and international markets, including Europe, Latin America, Asia, Canada, Africa and the Caribbean. Delta operates through a network of hubs and focus cities, offering service under the Delta brand and through regional partners operating as Delta Connection.

In addition to passenger flights, Delta provides air cargo transportation and related logistics services.