Delta Air Lines (NYSE:DAL) EVP Sells $2,647,942.40 in Stock

Delta Air Lines, Inc. (NYSE:DAL) EVP Alain Bellemare sold 35,212 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $75.20, for a total value of $2,647,942.40. Following the completion of the transaction, the executive vice president owned 138,176 shares in the company, valued at approximately $10,390,835.20. The trade was a 20.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Alain Bellemare also recently made the following trade(s):

• On Thursday, January 15th, Alain Bellemare sold 36,000 shares of Delta Air Lines stock. The shares were sold at an average price of $69.21, for a total value of $2,491,560.00.

Delta Air Lines Stock Performance

Shares of DAL opened at $69.50 on Friday. Delta Air Lines, Inc. has a 1 year low of $34.74 and a 1 year high of $76.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34. The stock’s fifty day moving average price is $69.98 and its two-hundred day moving average price is $62.82. The firm has a market cap of $45.38 billion, a PE ratio of 9.06, a PEG ratio of 0.69 and a beta of 1.37.

Delta Air Lines (NYSE:DAL) last posted its quarterly 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. Delta Air Lines had a return on equity of 20.99% and a net margin of 7.90%.The company had revenue of $14.61 billion during the quarter, compared to the consensus estimate of $15.80 billion. During the same quarter in the prior year, the company earned $1.85 EPS. The firm’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. On average, equities research analysts forecast that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Delta Air Lines Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, February 26th will be given a $0.1875 dividend. The ex-dividend date of this dividend is Thursday, February 26th. This represents a $0.75 annualized dividend and a dividend yield of 1.1%. Delta Air Lines’s payout ratio is 9.78%.

Analyst Upgrades and Downgrades

DAL has been the subject of a number of recent research reports. Raymond James Financial reiterated a “strong-buy” rating and issued a $80.00 price objective on shares of Delta Air Lines in a research note on Friday, December 19th. Barclays lifted their price target on Delta Air Lines from $65.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday, January 12th. BNP Paribas Exane increased their price objective on Delta Air Lines from $70.00 to $85.00 and gave the stock an “outperform” rating in a report on Monday, December 8th. UBS Group reduced their target price on Delta Air Lines from $90.00 to $87.00 and set a “buy” rating for the company in a report on Wednesday, January 14th. Finally, Jefferies Financial Group increased their price target on shares of Delta Air Lines from $72.00 to $84.00 and gave the stock a “buy” rating in a report 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 stock. According to MarketBeat.com, Delta Air Lines has an average rating of “Buy” and a consensus target price of $80.47.

Hedge Funds Weigh In On Delta Air Lines

Institutional investors have recently added to or reduced their stakes in the business. AlphaQuest LLC boosted its position in shares of Delta Air Lines by 90.6% during the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 211 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in Delta Air Lines during the fourth quarter valued at approximately $31,000. Camelot Portfolios LLC bought a new stake in Delta Air Lines during the fourth quarter valued at approximately $34,000. Accredited Wealth Management LLC grew its stake in Delta Air Lines by 1,983.3% in the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after buying an additional 476 shares in the last quarter. Finally, Byrne Asset Management LLC bought a new position in shares of Delta Air Lines in the 4th quarter worth $35,000. 69.93% of the stock is currently owned by institutional investors.

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.