Strengthening Families & Communities LLC Acquires 49,466 Shares of Delta Air Lines, Inc. $DAL

Strengthening Families & Communities LLC raised its stake in shares of Delta Air Lines, Inc. (NYSE:DALFree Report) by 2,552.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 51,404 shares of the transportation company’s stock after acquiring an additional 49,466 shares during the period. Strengthening Families & Communities LLC’s holdings in Delta Air Lines were worth $2,904,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DAL. AlphaQuest LLC lifted its stake in shares of Delta Air Lines by 90.6% during the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after buying an additional 211 shares during the period. NewSquare Capital LLC raised its stake in Delta Air Lines by 184.6% in the 2nd quarter. NewSquare Capital LLC now owns 572 shares of the transportation company’s stock worth $28,000 after acquiring an additional 371 shares during the last quarter. Activest Wealth Management lifted its position 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 acquiring an additional 593 shares during the period. Kilter Group LLC purchased a new stake in Delta Air Lines during the 2nd quarter valued at about $35,000. Finally, First Horizon Corp purchased a new stake in Delta Air Lines during the 3rd quarter valued at about $38,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Barclays lifted their price target on shares of Delta Air Lines from $65.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. BNP Paribas Exane lifted their target price on shares of Delta Air Lines from $70.00 to $85.00 and gave the company an “outperform” rating in a research report on Monday, December 8th. UBS Group reduced 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 report on Wednesday, January 14th. Seaport Research Partners raised their price target on shares of Delta Air Lines from $80.00 to $89.00 and gave the company a “buy” rating in a research note on Friday, January 9th. Finally, Jefferies Financial Group boosted their price objective on Delta Air Lines from $72.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. Based on data from MarketBeat.com, Delta Air Lines presently has an average rating of “Buy” and a consensus target price of $80.47.

Read Our Latest Analysis on Delta Air Lines

Delta Air Lines Stock Up 4.8%

Shares of NYSE DAL opened at $69.05 on Tuesday. The stock has a market cap of $45.08 billion, a PE ratio of 9.00, a P/E/G ratio of 0.64 and a beta of 1.38. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.60. 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 moving average of $68.83 and a 200 day moving average of $61.99.

Delta Air Lines (NYSE:DALGet Free Report) last issued its earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.02. The business had revenue of $14.61 billion for the quarter, compared to analysts’ expectations of $15.80 billion. Delta Air Lines had a return on equity of 20.99% and a net margin of 7.90%.The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.85 EPS. 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. As a group, sell-side analysts predict that Delta Air Lines, Inc. will post 7.63 EPS for the current fiscal year.

Insider Activity at Delta Air Lines

In other Delta Air Lines news, EVP Alain Bellemare sold 36,000 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $69.21, for a total value of $2,491,560.00. Following the completion of the sale, the executive vice president directly owned 95,731 shares in the company, valued at $6,625,542.51. This represents a 27.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Erik Storey Snell sold 39,420 shares of Delta Air Lines stock in a transaction on 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 owned 35,625 shares in the company, valued at approximately $2,530,087.50. This represents a 52.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 351,243 shares of company stock valued at $24,742,087 in the last three months. Company insiders own 0.88% of the company’s stock.

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.

See Also

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Institutional Ownership by Quarter for Delta Air Lines (NYSE:DAL)

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