Delta Air Lines, Inc. $DAL Shares Sold by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC reduced its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 3.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 341,023 shares of the transportation company’s stock after selling 13,865 shares during the period. Chevy Chase Trust Holdings LLC owned about 0.05% of Delta Air Lines worth $19,353,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DAL. AlphaQuest LLC raised its stake in shares of Delta Air Lines by 90.6% in the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 211 shares in the last quarter. Accredited Wealth Management LLC grew its stake in Delta Air Lines by 1,983.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after purchasing an additional 476 shares in the last quarter. SWAN Capital LLC increased its holdings in Delta Air Lines by 1,016.0% during the 3rd quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock worth $32,000 after purchasing an additional 508 shares during the period. Kilter Group LLC purchased a new stake in Delta Air Lines during the 2nd quarter worth about $35,000. Finally, First Horizon Corp acquired a new stake in Delta Air Lines in the 3rd quarter valued at about $38,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Delta Air Lines Stock Up 3.5%

DAL opened at $60.85 on Tuesday. Delta Air Lines, Inc. has a one year low of $34.74 and a one year high of $76.39. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.34 and a current ratio of 0.40. The stock has a market capitalization of $39.74 billion, a P/E ratio of 7.93, a price-to-earnings-growth ratio of 0.59 and a beta of 1.34. The business’s 50-day simple moving average is $67.74 and its 200-day simple moving average is $64.10.

Delta Air Lines (NYSE:DAL) last announced its earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.02. The firm had revenue of $14.61 billion during the quarter, compared to analysts’ expectations of $15.80 billion. Delta Air Lines had a return on equity of 20.96% and a net margin of 7.90%.The business’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $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. Analysts anticipate that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Delta Air Lines Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, February 26th will be given a dividend of $0.1875 per share. The ex-dividend date is Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.2%. Delta Air Lines’s dividend payout ratio (DPR) is 9.78%.

Insider Buying and Selling at Delta Air Lines

In related news, EVP Rahul D. Samant sold 62,528 shares of the stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $70.18, for a total transaction of $4,388,215.04. Following the completion of the sale, the executive vice president owned 20,939 shares in the company, valued at $1,469,499.02. This represents a 74.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Steven M. Sear sold 38,600 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $75.05, for a total transaction of $2,896,930.00. Following the transaction, the executive vice president directly owned 104,404 shares in the company, valued at $7,835,520.20. The trade was a 26.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 620,550 shares of company stock valued at $44,127,667. 0.96% of the stock is owned by company insiders.

Trending Headlines about Delta Air Lines

Here are the key news stories impacting Delta Air Lines this week:

• Positive Sentiment: MarketBeat calls DAL a potential value buy after a steep pullback, highlighting a low P/E, near-oversold RSI and management’s 2026 guidance (EPS $6.50–$7.50) and strong 2025 cash flow metrics — a bullish framing that can attract value investors. 5 Oversold Large-Cap Stocks That May Be Worth Buying Soon
• Positive Sentiment: UBS trimmed its price target on DAL from $87 to $83 but kept a “Buy” rating, signaling continued analyst conviction and implying sizable upside from current levels. That maintained buy rating supports the near-term bullish narrative. UBS Lowers Price Target
• Positive Sentiment: Wells Fargo reduced its DAL target (from $87 to $75) but remains “Overweight” — another institutional reaffirmation that can underpin buying interest despite the cut. Wells Fargo Lowers Price Target
• Positive Sentiment: TD Cowen reiterated a bullish stance on DAL, keeping the stock on lists of attractively priced large-caps despite industry cost pressures — further evidence of continued analyst support. TD Cowen Remains Bullish on Delta Air Lines
• Neutral Sentiment: Several valuation/analysis pieces assess DAL after the recent pullback, reviewing upside vs. risks and noting that the share price decline has pushed valuation metrics to historically cheap levels — useful context but not an immediate catalyst. Assessing Delta Air Lines (DAL) Valuation
• Neutral Sentiment: The “Delta Ushers a New Era…” item refers to Delta (power-management/smart-green solutions), not Delta Air Lines — not directly relevant to DAL’s operations or stock. Investors should not conflate that Delta with Delta Air Lines. Delta Ushers a New Era of AI Digital Twins
• Negative Sentiment: UBS and other analysts have cut airline earnings estimates and price targets because rising jet fuel costs are squeezing margins — a sector-wide headwind that could blunt DAL’s earnings and put downward pressure on the stock if fuel remains elevated. US airline stocks near potential bottom as UBS cuts estimates on rising fuel costs
• Negative Sentiment: A recent article highlighting a “shutdown push” and broader risk/valuation questions underscores near-term operational and political/regulatory risks that could amplify volatility and act as a drag on sentiment until resolved. Delta Shutdown Push Puts Spotlight On Delta Air Lines Valuation And Risks

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on DAL shares. Bank of America boosted 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. UBS Group decreased their price target on shares of Delta Air Lines from $87.00 to $83.00 and set a “buy” rating for the company in a research note on Monday. Citigroup reiterated a “buy” rating on shares of Delta Air Lines in a report on Wednesday, January 7th. Jefferies Financial Group reduced their price objective on shares of Delta Air Lines from $84.00 to $72.00 and set a “buy” rating on the stock in a report on Thursday, March 12th. Finally, Wall Street Zen cut shares of Delta Air Lines from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Delta Air Lines presently has an average rating of “Moderate Buy” and an average target price of $78.76.

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.