Delta Air Lines, Inc. $DAL Stock: Sumitomo Mitsui Trust Group Inc. Grows Holdings

Posted by Brian Himes on Nov 5th, 2026

Sumitomo Mitsui Trust Group Inc. grew its holdings in Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 3.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 446,051 shares of the transportation company’s stock after acquiring an additional 15,106 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Delta Air Lines were worth $37,227,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Delta Air Lines during the 2nd quarter valued at $28,829,000. Bessemer Group Inc. grew its holdings in Delta Air Lines by 105.3% during the first quarter. Bessemer Group Inc. now owns 39,018 shares of the transportation company’s stock valued at $2,595,000 after purchasing an additional 20,012 shares during the period. Baird Financial Group Inc. grew its stake in Delta Air Lines by 45.1% during the second quarter. Baird Financial Group Inc. now owns 449,986 shares of the transportation company’s stock valued at $42,146,000 after acquiring an additional 139,799 shares in the last quarter. TD Waterhouse Canada Inc. raised its position in Delta Air Lines by 646.6% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 45,161 shares of the transportation company’s stock worth $4,207,000 after purchasing an additional 39,112 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of Delta Air Lines by 102.3% during the 1st quarter. NewEdge Advisors LLC now owns 105,966 shares of the transportation company’s stock valued at $7,045,000 after purchasing an additional 53,581 shares in the last quarter. 69.93% of the stock is owned by institutional investors.

Insider Buying and Selling at Delta Air Lines

In related news, CEO Edward Bastian sold 50,000 shares of Delta Air Lines stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of $82.00, for a total transaction of $4,100,000.00. Following the sale, the chief executive officer directly owned 1,313,448 shares of the company’s stock, valued at $107,702,736. This trade represents a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.80% of the company’s stock.

Delta Air Lines Stock Performance

DAL stock opened at $89.29 on Thursday. The company has a current ratio of 0.40, a quick ratio of 0.32 and a debt-to-equity ratio of 0.42. The stock’s 50 day simple moving average is $80.63 and its 200 day simple moving average is $76.94. Delta Air Lines, Inc. has a 12-month low of $55.27 and a 12-month high of $95.68. The firm has a market cap of $58.75 billion, a P/E ratio of 17.82, a P/E/G ratio of 1.49 and a beta of 1.43.

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 the consensus estimate of $1.77 by ($0.05). Delta Air Lines had a net margin of 4.58% and a return on equity of 16.83%. The firm had revenue of $17.59 billion during the quarter, compared to the consensus estimate of $17.64 billion. During the same quarter in the prior year, the business earned $1.71 earnings per share. The company’s revenue for the quarter was up 21.1% compared to the same quarter last year. 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. As a group, equities research analysts predict that Delta Air Lines, Inc. will post 5.34 EPS for the current year.

Delta Air Lines Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Thursday, October 15th will be issued a dividend of $0.2150 per share. This represents a $0.86 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Thursday, October 15th. Delta Air Lines’s payout ratio is currently 17.17%.

Analysts Set New Price Targets

Several analysts have recently issued reports on DAL shares. Zacks Research cut Delta Air Lines from a “hold” rating to a “strong sell” rating in a report on Monday, September 28th. BMO Capital Markets lifted their price objective on Delta Air Lines from $100.00 to $105.00 and gave the company an “outperform” rating in a research note on Monday, October 12th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Delta Air Lines in a report on Monday, August 3rd. Cantor Fitzgerald set a $101.00 target price on shares of Delta Air Lines in a report on Friday, October 2nd. Finally, Argus set a $95.00 price target on Delta Air Lines in a research note on Monday, October 12th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Delta Air Lines presently has a consensus rating of “Moderate Buy” and an average target price of $99.65.

View Our Latest Report on DAL

Delta Air Lines Profile

(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.