Fidelis Capital Partners LLC Purchases New Position in Delta Air Lines, Inc. $DAL

Fidelis Capital Partners LLC purchased a new stake in Delta Air Lines, Inc. (NYSE:DAL) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,014 shares of the transportation company’s stock, valued at approximately $1,022,000.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Delta Air Lines by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock valued at $3,667,479,000 after buying an additional 1,648,071 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Delta Air Lines by 23.3% during the third quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company’s stock worth $434,813,000 after purchasing an additional 1,447,058 shares during the last quarter. Ninety One UK Ltd grew its holdings in shares of Delta Air Lines by 23.6% during the third quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company’s stock worth $219,095,000 after purchasing an additional 736,342 shares during the last quarter. Thrivent Financial for Lutherans increased its position in shares of Delta Air Lines by 39.8% during the second quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock worth $118,409,000 after purchasing an additional 685,312 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Delta Air Lines by 2.6% in the 2nd quarter. State Street Corp now owns 23,059,848 shares of the transportation company’s stock valued at $1,134,083,000 after purchasing an additional 581,421 shares during the last quarter. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Insider Activity at Delta Air Lines

In related news, insider Peter W. Carter sold 14,300 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $70.30, for a total transaction of $1,005,290.00. Following the sale, the insider owned 177,142 shares of the company’s stock, valued at approximately $12,453,082.60. The trade was a 7.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Erik Storey Snell sold 39,420 shares of the company’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $71.02, for a total transaction of $2,799,608.40. Following the transaction, the executive vice president owned 35,625 shares in the company, valued at $2,530,087.50. The trade was a 52.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 351,243 shares of company stock worth $24,742,087. 0.88% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

DAL has been the topic of a number of research reports. Barclays raised their price target on Delta Air Lines from $65.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, January 12th. Citigroup restated a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Wall Street Zen downgraded shares of Delta Air Lines from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. UBS Group decreased their price target on shares of Delta Air Lines from $90.00 to $87.00 and set a “buy” rating for the company in a research note on Wednesday, January 14th. Finally, Bank of America lifted their price objective on shares of Delta Air Lines from $74.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $80.47.

Delta Air Lines Price Performance

Shares of DAL opened at $66.55 on Friday. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.60. The stock’s 50 day moving average is $68.51 and its two-hundred day moving average is $61.76. Delta Air Lines, Inc. has a twelve month low of $34.74 and a twelve month high of $73.16. The firm has a market capitalization of $43.46 billion, a PE ratio of 8.68, a P/E/G ratio of 0.63 and a beta of 1.38.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.53 by $0.02. Delta Air Lines had a return on equity of 20.99% and a net margin of 7.90%.The business had revenue of $14.61 billion during the quarter, compared to analysts’ expectations of $15.80 billion. During the same period last year, the firm earned $1.85 EPS. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. 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 anticipate that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

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.