Delta Air Lines, Inc. $DAL Holdings Lowered by CCM Investment Advisers LLC

Posted by Geri Gentry on Jul 31st, 2026

CCM Investment Advisers LLC decreased its stake in Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 48.8% in the first quarter, HoldingsChannel reports. The firm owned 126,603 shares of the transportation company’s stock after selling 120,525 shares during the period. CCM Investment Advisers LLC’s holdings in Delta Air Lines were worth $8,417,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of DAL. Capital International Investors raised its holdings in Delta Air Lines by 4.4% during the 4th quarter. Capital International Investors now owns 24,211,101 shares of the transportation company’s stock worth $1,680,249,000 after buying an additional 1,012,265 shares during the period. State Street Corp lifted its stake in Delta Air Lines by 0.7% during the fourth quarter. State Street Corp now owns 23,163,644 shares of the transportation company’s stock valued at $1,607,557,000 after buying an additional 165,729 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Delta Air Lines by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 17,413,841 shares of the transportation company’s stock worth $1,215,766,000 after buying an additional 202,865 shares during the period. Wellington Management Group LLP boosted its holdings in shares of Delta Air Lines by 137.4% in the fourth quarter. Wellington Management Group LLP now owns 13,811,787 shares of the transportation company’s stock worth $958,538,000 after buying an additional 7,994,004 shares during the period. Finally, Morgan Stanley increased its position in shares of Delta Air Lines by 0.5% in the fourth quarter. Morgan Stanley now owns 12,310,804 shares of the transportation company’s stock worth $854,370,000 after acquiring an additional 56,455 shares in the last quarter. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Key Headlines Impacting Delta Air Lines

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

Positive Sentiment: Analyst fair-value estimates moved materially higher. Following Delta’s second-quarter results and management commentary, one estimate rose from $81.81 to $105.52. Analysts cited earnings execution, margins, and growth in premium and loyalty revenue as reasons for the improved outlook. Delta Air Lines Stock Gets Fair Value Boost After Q2 Spurs Analyst Target Hikes
Positive Sentiment: Wall Street sentiment remains supportive. Coverage highlights Delta’s outperformance over the broader market and generally optimistic analyst views. The company’s latest quarterly results also exceeded expectations, with adjusted earnings of $1.56 per share versus a $1.49 consensus estimate and revenue of $17.67 billion versus $17.43 billion expected. Do Wall Street Analysts Like Delta Air Lines Stock?
Positive Sentiment: Delta is benefiting from a less-cyclical revenue mix. Commentary contrasts Delta’s valuation with GE Aerospace’s premium and argues that premium cabins, loyalty programs and other diversified revenue streams make Delta less dependent on main-cabin ticket demand than in the past. Delta’s Profits vs. GE’s Premiums
Neutral Sentiment: A new DraftKings partnership adds engagement but is not expected to materially change near-term earnings. Delta will offer SkyPicks, a free sports-knowledge contest available through Delta Sync Wi-Fi. Passengers can compete for Delta gift cards without wagering or depositing money, potentially enhancing the in-flight experience and customer engagement. Delta and DraftKings Add Sports Contests to In-Flight Entertainment
Neutral Sentiment: Increased investor attention is amplifying visibility rather than providing a new fundamental catalyst. Recent coverage focuses on Delta’s relative transportation-sector performance, broker recommendations and its status as a widely followed stock. Are Transportation Stocks Lagging Delta Air Lines

Delta Air Lines Trading Up 2.8%

NYSE:DAL opened at $88.70 on Friday. The stock has a market cap of $58.33 billion, a PE ratio of 14.71, a price-to-earnings-growth ratio of 1.08 and a beta of 1.29. Delta Air Lines, Inc. has a fifty-two week low of $50.44 and a fifty-two week high of $95.68. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.42 and a quick ratio of 0.35. The stock’s 50-day moving average is $85.07 and its two-hundred day moving average is $74.02.

Delta Air Lines (NYSE:DAL – Get Free Report) last posted its quarterly earnings results on Thursday, July 9th. The transportation company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.07. The business had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.43 billion. Delta Air Lines had a net margin of 5.79% and a return on equity of 17.52%. The firm’s revenue was up 18.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.10 earnings per share. As a group, equities research analysts forecast that Delta Air Lines, Inc. will post 6.54 earnings per share for the current fiscal year.

Delta Air Lines Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th were paid a $0.215 dividend. The ex-dividend date was Thursday, July 9th. This represents a $0.86 annualized dividend and a yield of 1.0%. This is a boost from Delta Air Lines’s previous quarterly dividend of $0.19. Delta Air Lines’s dividend payout ratio (DPR) is currently 14.26%.

Insider Buying and Selling

In other news, EVP Allison C. Ausband sold 5,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $79.00, for a total transaction of $395,000.00. Following the transaction, the executive vice president directly owned 133,854 shares in the company, valued at $10,574,466. The trade was a 3.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Alain Bellemare sold 25,000 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the completion of the transaction, the executive vice president directly owned 95,025 shares in the company, valued at $7,738,836. This trade represents a 20.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 65,331 shares of company stock valued at $5,036,638. Insiders own 0.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Bank of America boosted their price target 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. Wolfe Research decreased their price objective on shares of Delta Air Lines from $81.00 to $73.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. BNP Paribas Exane lowered their price objective on shares of Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 21st. Weiss Ratings raised shares of Delta Air Lines from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 21st. Finally, TD Cowen increased their target price on Delta Air Lines from $106.00 to $112.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Twenty-three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $100.40.

Check Out Our Latest Report on Delta Air Lines

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.