Cwm LLC Has $16.57 Million Holdings in Delta Air Lines, Inc. $DAL

Cwm LLC raised its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 27.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 238,723 shares of the transportation company’s stock after acquiring an additional 51,063 shares during the quarter. Cwm LLC’s holdings in Delta Air Lines were worth $16,567,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in Delta Air Lines by 33.5% in the 4th quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock valued at $555,000 after buying an additional 2,302 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Delta Air Lines during the 1st quarter valued at $178,000. Sivia Capital Partners LLC purchased a new position in shares of Delta Air Lines during the 2nd quarter valued at $555,000. Marshall Wace LLP grew its holdings in shares of Delta Air Lines by 102.2% during the 2nd quarter. Marshall Wace LLP now owns 7,825 shares of the transportation company’s stock valued at $385,000 after acquiring an additional 357,825 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in shares of Delta Air Lines by 10.6% in the second quarter. Daiwa Securities Group Inc. now owns 58,129 shares of the transportation company’s stock worth $2,859,000 after acquiring an additional 5,564 shares during the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.

Delta Air Lines News Roundup

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

• Positive Sentiment: Fuel relief from Strait of Hormuz comments — Iran said the Strait of Hormuz will remain open, triggering a steep drop in crude (WTI and Brent) and easing near‑term jet‑fuel cost pressure for airlines, which lifted Delta shares. Read More.
• Positive Sentiment: Analyst upgrades and higher targets after Q1 — Several brokers have raised price targets and maintained buy ratings following Delta’s better‑than‑expected Q1 results and favorable commentary on premium and loyalty revenue, supporting upside sentiment. Read More.
• Neutral Sentiment: Zacks moves rating to Hold — Zacks upgraded DAL from “strong sell” to “hold,” which is mild support but not a strong buy signal. Read More.
• Neutral Sentiment: Industry M&A chatter — Ongoing discussion about consolidation among U.S. carriers (United/American rumors) can rotate investor flows across names; Delta may benefit as a standalone leader but the direct impact is indirect. Read More.
• Negative Sentiment: Insider selling disclosed — EVP John Laughter sold ~15,000 shares (SEC filing), which can spook some investors even if sales are for diversification or liquidity. Read More.
• Negative Sentiment: Sector risk from Spirit distress — Reports of rising bankruptcy/liquidation risk at Spirit Airlines are weighing on sector sentiment and could create volatility for peers, including Delta. Read More.

Insider Activity at Delta Air Lines

In related news, EVP Alain Bellemare sold 35,212 shares of Delta Air Lines stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $75.20, for a total value of $2,647,942.40. Following the completion of the transaction, the executive vice president directly owned 138,176 shares of the company’s stock, valued at $10,390,835.20. The trade was a 20.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Peter W. Carter sold 27,000 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $74.82, for a total transaction of $2,020,140.00. Following the sale, the insider directly owned 421,744 shares in the company, valued at approximately $31,554,886.08. This represents a 6.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 353,611 shares of company stock valued at $25,182,798. 0.88% of the stock is currently owned by company insiders.

Delta Air Lines Stock Up 2.6%

DAL opened at $71.73 on Friday. The company has a market capitalization of $47.13 billion, a P/E ratio of 10.46, a P/E/G ratio of 1.02 and a beta of 1.31. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.42 and a quick ratio of 0.36. The firm’s fifty day moving average price is $66.53 and its two-hundred day moving average price is $65.32. Delta Air Lines, Inc. has a fifty-two week low of $38.80 and a fifty-two week high of $76.39.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data on Wednesday, April 8th. The transportation company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. Delta Air Lines had a return on equity of 20.28% and a net margin of 6.87%.The company had revenue of $14.20 billion during the quarter, compared to analysts’ expectations of $14.05 billion. During the same period last year, the business earned $0.46 earnings per share. The business’s revenue was up 9.4% on a year-over-year basis. On average, analysts anticipate that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Delta Air Lines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, February 26th were paid a $0.1875 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a yield of 1.0%. Delta Air Lines’s payout ratio is currently 10.93%.

Analyst Ratings Changes

A number of analysts recently issued reports on DAL shares. Sanford C. Bernstein reissued an “outperform” rating and set a $81.00 price objective on shares of Delta Air Lines in a research report on Wednesday, January 14th. TD Cowen upped their target price on Delta Air Lines from $76.00 to $84.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. Rothschild & Co Redburn cut their price target on Delta Air Lines from $72.00 to $70.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Seaport Research Partners boosted their target price on Delta Air Lines from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Finally, HSBC cut their price target on Delta Air Lines from $80.20 to $79.30 and set a “buy” rating for the company in a report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $79.26.

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.