Czech National Bank raised its position in shares of Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 5.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 185,994 shares of the transportation company’s stock after acquiring an additional 9,085 shares during the period. Czech National Bank’s holdings in Delta Air Lines were worth $17,420,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in DAL. Apella Capital LLC grew its holdings in Delta Air Lines by 3.8% in the second quarter. Apella Capital LLC now owns 4,507 shares of the transportation company’s stock worth $399,000 after purchasing an additional 163 shares during the period. Red Spruce Capital LLC lifted its holdings in shares of Delta Air Lines by 1.0% during the second quarter. Red Spruce Capital LLC now owns 53,856 shares of the transportation company’s stock valued at $5,044,000 after purchasing an additional 536 shares during the last quarter. 55 North Private Wealth LLC bought a new stake in shares of Delta Air Lines in the 2nd quarter worth approximately $303,000. 180 Wealth Advisors LLC boosted its position in shares of Delta Air Lines by 3.9% in the 2nd quarter. 180 Wealth Advisors LLC now owns 4,436 shares of the transportation company’s stock worth $415,000 after purchasing an additional 165 shares in the last quarter. Finally, Foster Group Inc. grew its stake in shares of Delta Air Lines by 1.0% in the 2nd quarter. Foster Group Inc. now owns 24,222 shares of the transportation company’s stock worth $2,269,000 after buying an additional 248 shares during the last quarter. Hedge funds and other institutional investors own 69.93% of the company’s stock.
Delta Air Lines Stock Performance
Shares of NYSE DAL opened at $91.31 on Friday. The firm has a fifty day moving average price of $86.47 and a 200-day moving average price of $74.89. 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 has a market cap of $60.05 billion, a PE ratio of 15.14, a price-to-earnings-growth ratio of 1.16 and a beta of 1.31. Delta Air Lines, Inc. has a 1 year low of $52.88 and a 1 year high of $95.68.
Delta Air Lines Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Thursday, July 9th were given a dividend of $0.215 per share. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. This represents a $0.86 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Thursday, July 9th. Delta Air Lines’s dividend payout ratio (DPR) is 14.26%.
Insider Activity at Delta Air Lines
In other news, President Peter W. Carter sold 39,900 shares of Delta Air Lines stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $92.98, for a total value of $3,709,902.00. Following the sale, the president directly owned 424,704 shares of the company’s stock, valued at approximately $39,488,977.92. The trade was a 8.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Edward H. Bastian sold 206,510 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $92.80, for a total value of $19,164,128.00. Following the sale, the chief executive officer directly owned 1,363,448 shares in the company, valued at $126,527,974.40. This trade represents a 13.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 401,436 shares of company stock worth $36,617,497 in the last three months. Corporate insiders own 0.80% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on DAL. Weiss Ratings upgraded shares of Delta Air Lines from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 21st. Argus set a $105.00 price target on shares of Delta Air Lines in a research note on Tuesday, July 14th. UBS Group upped their price objective on Delta Air Lines from $107.00 to $112.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Citigroup raised their target price on Delta Air Lines from $106.00 to $110.00 and gave the stock a “buy” rating in a report on Sunday, July 12th. Finally, Bank of America lifted their target price on Delta Air Lines from $93.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Twenty-three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $100.40.
Read Our Latest Research Report on DAL
Key Stories Impacting Delta Air Lines
Here are the key news stories impacting Delta Air Lines this week:
- Positive Sentiment: Delta’s latest quarterly results exceeded expectations, with earnings per share of $1.56 versus the $1.49 consensus and revenue of $17.67 billion versus estimates of $17.43 billion. Revenue increased 18.7% year over year, supporting the view that demand and pricing remain solid.
- Positive Sentiment: Analyst coverage remains favorable: 23 analysts rate DAL a Buy and two rate it Hold, with an average price target of $100.40. Recent target increases from JPMorgan, UBS, Argus and other firms suggest additional upside from current levels.
- Positive Sentiment: LATAM Airlines’ earnings beat, driven by stronger passenger and cargo revenue, indicates resilient international travel demand. LATAM’s improved 2026 outlook could reinforce expectations for healthy traffic and premium revenue across the airline industry. LTM Q2 Earnings Beat on Strong Passenger and Cargo Revenues
- Neutral Sentiment: Corporate customers are resisting restrictive, low-priced business- and premium-economy fares because flexibility to change flights is considered more valuable than the initial discount. This could limit Delta’s ability to expand revenue through stripped-down premium products, although it may preserve demand for higher-priced flexible fares. Companies scoff at airlines’ cheapest business class tickets
- Negative Sentiment: Several insiders sold substantial positions after DAL’s sharp advance, including CEO Edward Bastian’s roughly $19.2 million sale, along with transactions by executives and directors. While such sales may reflect diversification or compensation, their timing and scale can pressure investor sentiment. Delta Air Lines CEO Edward Bastian Sells Company Shares Worth $19.2 Million
- Negative Sentiment: Copa Holdings’ earnings decline caused by higher jet-fuel costs highlights the airline industry’s vulnerability to energy prices and margin compression. Separately, concerns about the Iran war may increase geopolitical and fuel-cost risk for airlines, even though the cited analyst downgrade directly targets JetBlue rather than Delta. Copa Holdings Q2 Earnings Miss on Higher Fuel Costs, Revenues Lag
Delta Air Lines Company 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.
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