Truxt Investmentos Ltda. Buys Shares of 12,936 Delta Air Lines, Inc. $DAL

Truxt Investmentos Ltda. purchased a new position in shares of Delta Air Lines, Inc. (NYSE:DAL) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,936 shares of the transportation company’s stock, valued at approximately $734,000. Delta Air Lines accounts for about 1.1% of Truxt Investmentos Ltda.’s investment portfolio, making the stock its 19th biggest holding.

Several other institutional investors have also modified their holdings of DAL. AlphaQuest LLC increased 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 purchasing an additional 211 shares in the last quarter. NewSquare Capital LLC lifted its stake 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 buying an additional 371 shares in the last quarter. Activest Wealth Management boosted its holdings in shares of Delta Air Lines by 2,280.8% in the second quarter. Activest Wealth Management now owns 619 shares of the transportation company’s stock valued at $30,000 after buying an additional 593 shares during the period. Kilter Group LLC bought a new stake in shares of Delta Air Lines during the second quarter worth $35,000. Finally, First Horizon Corp acquired a new stake in shares of Delta Air Lines during the third quarter worth $38,000. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines Stock Up 4.8%

NYSE:DAL opened at $69.05 on Tuesday. 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 $45.08 billion, a price-to-earnings ratio of 9.00, 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 $68.83 and its two-hundred day moving average price is $61.99.

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.

Insider Buying and Selling

In other news, EVP Erik Storey Snell sold 39,420 shares of the business’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $71.02, for a total transaction of $2,799,608.40. Following the transaction, the executive vice president directly owned 35,625 shares in the company, valued at $2,530,087.50. The trade was a 52.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Alain Bellemare sold 36,000 shares of the company’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $69.21, for a total transaction 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 approximately $6,625,542.51. The trade was a 27.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 351,243 shares of company stock worth $24,742,087. Corporate insiders own 0.88% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DAL. Deutsche Bank Aktiengesellschaft upped their target price on shares of Delta Air Lines from $63.00 to $72.00 and gave the stock a “buy” rating in a research note on Friday, October 10th. Argus set a $80.00 price target on Delta Air Lines in a report on Wednesday, January 14th. Bank of America upped their price objective on Delta Air Lines from $74.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Wells Fargo & Company set a $87.00 target price on Delta Air Lines in a research report on Thursday, December 18th. Finally, Citigroup restated a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to 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.