Allianz Asset Management GmbH Raises Holdings in Delta Air Lines, Inc. $DAL

Allianz Asset Management GmbH raised its stake in Delta Air Lines, Inc. (NYSE:DAL) by 24.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 2,791,581 shares of the transportation company’s stock after purchasing an additional 550,480 shares during the quarter. Allianz Asset Management GmbH’s holdings in Delta Air Lines were worth $158,422,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. AlphaQuest LLC lifted its stake in Delta Air Lines by 90.6% during the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after acquiring an additional 211 shares in the last quarter. NewSquare Capital LLC boosted its holdings in Delta Air Lines by 184.6% in the second quarter. NewSquare Capital LLC now owns 572 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 371 shares during the period. Activest Wealth Management grew its stake in Delta Air Lines by 2,280.8% during the 2nd quarter. Activest Wealth Management now owns 619 shares of the transportation company’s stock worth $30,000 after purchasing an additional 593 shares in the last quarter. Kilter Group LLC acquired a new position in Delta Air Lines during the 2nd quarter worth $35,000. Finally, First Horizon Corp purchased a new stake in Delta Air Lines during the 3rd quarter worth about $38,000. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Delta Air Lines

In other Delta Air Lines news, EVP Erik Storey Snell sold 39,420 shares of the firm’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $71.02, for a total value of $2,799,608.40. Following the transaction, the executive vice president directly owned 35,625 shares of the company’s stock, valued at $2,530,087.50. This trade represents a 52.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Rahul D. Samant sold 57,003 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $69.57, for a total value of $3,965,698.71. Following the completion of the sale, the executive vice president directly owned 36,246 shares of the company’s stock, valued at $2,521,634.22. The trade was a 61.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 351,243 shares of company stock worth $24,742,087. 0.88% of the stock is owned by corporate insiders.

Delta Air Lines Stock Performance

Shares of NYSE DAL opened at $69.05 on Tuesday. The company has a market cap of $45.08 billion, a PE ratio of 9.00, a price-to-earnings-growth ratio of 0.64 and a beta of 1.38. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34. Delta Air Lines, Inc. has a 12 month low of $34.74 and a 12 month high of $73.16. The company has a 50-day simple moving average of $68.83 and a 200-day simple moving average of $61.99.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $14.61 billion for the quarter, compared to analyst estimates of $15.80 billion. During the same period last year, the company earned $1.85 EPS. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. 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. On average, equities analysts anticipate that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on DAL shares. Citigroup reaffirmed a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. HSBC boosted their price objective on shares of Delta Air Lines from $73.70 to $80.20 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. BMO Capital Markets reissued an “outperform” rating on shares of Delta Air Lines in a research report on Wednesday, January 14th. Wall Street Zen cut Delta Air Lines from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Finally, Rothschild & Co Redburn increased their price target on shares of Delta Air Lines from $65.00 to $72.00 in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the stock. Based on data from MarketBeat.com, Delta Air Lines currently has a consensus rating of “Buy” and a consensus price target of $80.47.

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.