QRG Capital Management Inc. Sells 122,728 Shares of Delta Air Lines, Inc. $DAL

QRG Capital Management Inc. trimmed its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 47.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 134,128 shares of the transportation company’s stock after selling 122,728 shares during the period. QRG Capital Management Inc.’s holdings in Delta Air Lines were worth $7,612,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Delta Air Lines by 2.3% during the second quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock worth $3,667,479,000 after acquiring an additional 1,648,071 shares in the last quarter. Ninety One UK Ltd raised its stake in shares of Delta Air Lines by 23.6% during 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 purchasing an additional 736,342 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Delta Air Lines by 39.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock valued at $118,409,000 after purchasing an additional 685,312 shares during the period. State Street Corp lifted its holdings in Delta Air Lines by 2.6% during the 2nd quarter. State Street Corp now owns 23,059,848 shares of the transportation company’s stock worth $1,134,083,000 after purchasing an additional 581,421 shares in the last quarter. Finally, Norges Bank bought a new position in Delta Air Lines in the 2nd quarter worth about $27,351,000. 69.93% of the stock is owned by institutional investors.

Analyst Ratings Changes

DAL has been the topic of several analyst reports. Bank of America upped their price target on Delta Air Lines from $74.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Evercore ISI boosted their price target on shares of Delta Air Lines from $75.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Wolfe Research upped their price target on shares of Delta Air Lines from $70.00 to $83.00 and gave the stock an “outperform” rating in a report on Wednesday. Rothschild & Co Redburn lifted their price objective on Delta Air Lines from $65.00 to $72.00 in a research note on Tuesday, October 14th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Delta Air Lines from $63.00 to $72.00 and gave the stock a “buy” rating in a research report on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the stock. According to data from MarketBeat.com, Delta Air Lines presently has an average rating of “Buy” and a consensus target price of $79.97.

More Delta Air Lines News

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

• Positive Sentiment: Multiple major brokers raised price targets and maintained constructive ratings on DAL, signaling upward analyst conviction (HSBC to $80.20, Wolfe Research to $83, Goldman Sachs to $80, DBS to $80). These upgrades imply ~12–16% upside from recent levels and support medium‑term upside. HSBC Raises PT Wolfe Research Goldman Sachs
• Positive Sentiment: Analysts emphasize Delta’s strong cash flow, low leverage and resilient premium (MRO and high‑end traveler demand) as reasons the shares remain a buy despite near‑term caution. Benzinga: Caution Hides Opportunity
• Neutral Sentiment: Q4 results: EPS modestly beat while revenue missed and management gave a cautious tone on 2026 (guidance range highlighted). Investors are parsing whether the guidance conservatism is prudent or indicates weaker demand trends — a near‑term volatility driver. Earnings Call Transcript
• Neutral Sentiment: Market commentary and research pieces (Zacks, MarketBeat) highlight Delta as a momentum/value play for longer‑term investors while flagging short‑term sensitivity to guidance and macro data. Zacks Momentum
• Negative Sentiment: Significant insider selling: CEO Edward Bastian sold ~173,230 shares (~21% cut to his holding) at ~$71 (SEC filing), and several EVPs (Rahul Samant, Steven Sear, Alain Bellemare, Peter Carter) also sold large blocks over Jan 14–15, reducing their positions materially. Large insider dispositions can pressure sentiment and add selling pressure even if driven by diversification or tax planning. CEO Sale SEC EVP Samant SEC

Delta Air Lines Trading Down 1.2%

NYSE DAL opened at $70.50 on Friday. The stock’s 50-day simple moving average is $66.73 and its two-hundred day simple moving average is $60.84. Delta Air Lines, Inc. has a twelve month low of $34.74 and a twelve month high of $73.16. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $46.03 billion, a price-to-earnings ratio of 9.19, a PEG ratio of 1.14 and a beta of 1.38.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.53 by $0.02. The firm had revenue of $14.61 billion for the quarter, compared to analyst estimates of $15.80 billion. Delta Air Lines had a return on equity of 20.99% and a net margin of 7.90%.The company’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.85 EPS. Delta Air Lines has set its Q1 2026 guidance at 0.500-0.900 EPS and its FY 2026 guidance at 6.500-7.500 EPS. Research analysts forecast that Delta Air Lines, Inc. will post 7.63 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Steven M. Sear sold 31,290 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $69.69, for a total transaction of $2,180,600.10. Following the transaction, the executive vice president directly owned 97,505 shares in the company, valued at $6,795,123.45. This trade represents a 24.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rahul D. Samant sold 57,003 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $69.57, for a total value of $3,965,698.71. Following the completion of the sale, the executive vice president owned 36,246 shares of the company’s stock, valued at $2,521,634.22. The trade was a 61.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 335,146 shares of company stock valued at $23,396,201 over the last three months. 0.88% of the stock is currently owned by company insiders.

Delta Air Lines Profile

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.