Kovitz Investment Group Partners LLC Decreases Stock Holdings in Delta Air Lines, Inc. $DAL

Posted by Stanley Muller on Jun 20th, 2026

Kovitz Investment Group Partners LLC lowered its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 61.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,681 shares of the transportation company’s stock after selling 52,953 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Delta Air Lines were worth $2,268,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Accredited Wealth Management LLC raised its position in shares of Delta Air Lines by 1,983.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock valued at $28,000 after buying an additional 476 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in Delta Air Lines in the fourth quarter worth about $31,000. SWAN Capital LLC increased its stake in Delta Air Lines by 1,016.0% during the third quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock worth $32,000 after acquiring an additional 508 shares during the last quarter. Camelot Portfolios LLC purchased a new stake in Delta Air Lines during the fourth quarter valued at approximately $34,000. Finally, Cornerstone Planning Group LLC raised its position in Delta Air Lines by 451.6% during the fourth quarter. Cornerstone Planning Group LLC now owns 524 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 429 shares during the period. 69.93% of the stock is owned by hedge funds and other institutional investors.

Delta Air Lines News Summary

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

Positive Sentiment: Delta boosted its quarterly dividend by about 15% to $0.215 per share, signaling confidence in cash generation and rewarding shareholders. Delta Air Lines Declares Quarterly Dividend
Positive Sentiment: Lower crude oil prices are seen as a tailwind for airline stocks, including Delta, because cheaper fuel can improve margins while travel demand remains steady. U.S. Global Investors sees tailwind for airline stocks as oil prices slide
Positive Sentiment: Delta announced it will host a July 10 webcast for June quarter 2026 financial results, keeping investors focused on the upcoming earnings update and potential guidance. Delta Air Lines Announces Webcast of June Quarter 2026 Financial Results
Positive Sentiment: The U.S. government closed its investigation into Delta’s handling of the CrowdStrike outage, removing a regulatory overhang tied to the 2024 travel disruption. Trump Administration Clears Delta in CrowdStrike Outage Probe

Delta Air Lines Trading Down 0.0%

DAL opened at $84.16 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.36 and a current ratio of 0.42. The stock’s 50 day moving average price is $74.69 and its 200-day moving average price is $70.25. Delta Air Lines, Inc. has a one year low of $45.28 and a one year high of $87.39. The stock has a market cap of $55.29 billion, a price-to-earnings ratio of 12.27, a P/E/G ratio of 1.19 and a beta of 1.30.

Delta Air Lines (NYSE:DAL – Get Free Report) last issued its quarterly earnings results on Wednesday, April 8th. The transportation company reported $0.64 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $14.20 billion during the quarter, compared to analyst estimates of $14.05 billion. During the same period last year, the company earned $0.46 EPS. Delta Air Lines’s quarterly revenue was up 9.4% compared to the same quarter last year. On average, equities analysts forecast that Delta Air Lines, Inc. will post 5.37 EPS for the current year.

Delta Air Lines Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th will be given a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 1.0%. This is a positive change from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, July 9th. Delta Air Lines’s dividend payout ratio is 10.93%.

Insider Transactions at Delta Air Lines

In related news, EVP John E. Laughter sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $71.61, for a total value of $1,074,150.00. Following the transaction, the executive vice president owned 54,369 shares of the company’s stock, valued at $3,893,364.09. This trade represents a 21.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Alain Bellemare sold 25,000 shares of Delta Air Lines stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the sale, the executive vice president owned 95,025 shares of the company’s stock, valued at $7,738,836. The trade was a 20.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 149,635 shares of company stock worth $10,833,855. 0.80% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

DAL has been the subject of a number of recent research reports. BNP Paribas Exane dropped their target price on Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating for the company in a report on Tuesday, April 21st. Wells Fargo & Company decreased their price target on Delta Air Lines from $87.00 to $75.00 and set an “overweight” rating on the stock in a report on Monday, March 16th. Susquehanna lowered their price target on Delta Air Lines from $81.00 to $78.00 and set a “positive” rating for the company in a research report on Thursday, April 9th. Bank of America dropped their price objective on shares of Delta Air Lines from $80.00 to $78.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Finally, Citigroup boosted their price objective on shares of Delta Air Lines from $77.00 to $79.00 and gave the company a “buy” rating in a research 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 stock. According to data from MarketBeat.com, Delta Air Lines presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.05.

Get Our Latest Stock Analysis on DAL

Delta Air Lines Profile

(Free Report)

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.