Federated Hermes Inc. Acquires 25,507 Shares of Delta Air Lines, Inc. $DAL

Federated Hermes Inc. increased its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 7.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 358,870 shares of the transportation company’s stock after purchasing an additional 25,507 shares during the period. Federated Hermes Inc.’s holdings in Delta Air Lines were worth $20,366,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC raised its holdings in Delta Air Lines by 33.5% during the 4th quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock worth $555,000 after buying an additional 2,302 shares during the period. Acadian Asset Management LLC acquired a new position in shares of Delta Air Lines in the first quarter valued at approximately $178,000. Sivia Capital Partners LLC bought a new stake in shares of Delta Air Lines during the second quarter worth $555,000. Janney Montgomery Scott LLC raised its holdings in shares of Delta Air Lines by 37.0% during the second quarter. Janney Montgomery Scott LLC now owns 221,156 shares of the transportation company’s stock worth $10,876,000 after acquiring an additional 59,761 shares during the period. Finally, Pure Financial Advisors LLC bought a new stake in Delta Air Lines in the 2nd quarter valued at $301,000. 69.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Delta Air Lines

In other Delta Air Lines news, EVP Steven M. Sear sold 31,290 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $69.69, for a total transaction of $2,180,600.10. Following the transaction, the executive vice president owned 97,505 shares of the company’s stock, valued at $6,795,123.45. The trade was a 24.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Erik Storey Snell sold 39,420 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $71.02, for a total value of $2,799,608.40. Following the completion of the sale, the executive vice president owned 35,625 shares in the company, valued at $2,530,087.50. This represents a 52.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 351,243 shares of company stock worth $24,742,087 over the last ninety days. Company insiders own 0.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on DAL. Bank of America increased their target price on Delta Air Lines from $74.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Wolfe Research increased their price objective on Delta Air Lines from $70.00 to $83.00 and gave the stock an “outperform” rating in a report on Wednesday, January 14th. Wall Street Zen cut Delta Air Lines from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. HSBC raised their price target on shares of Delta Air Lines from $73.70 to $80.20 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, Wells Fargo & Company set a $87.00 price objective on shares of Delta Air Lines in a research report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $80.47.

Delta Air Lines Stock Down 1.1%

NYSE:DAL opened at $65.80 on Friday. 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 $42.97 billion, a price-to-earnings ratio of 8.58, a price-to-earnings-growth ratio of 0.64 and a beta of 1.38. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. The stock’s 50 day moving average price is $68.66 and its two-hundred day moving average price is $61.81.

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

Delta Air Lines 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.