Delta Air Lines, Inc. $DAL Shares Sold by AIA Group Ltd

AIA Group Ltd lowered its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 11.5% during the 3rd quarter, Holdings Channel reports. The fund owned 74,106 shares of the transportation company’s stock after selling 9,641 shares during the period. AIA Group Ltd’s holdings in Delta Air Lines were worth $4,206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in DAL. Wellington Management Group LLP raised its position in shares of Delta Air Lines by 54.8% during the 3rd quarter. Wellington Management Group LLP now owns 5,817,783 shares of the transportation company’s stock worth $330,159,000 after buying an additional 2,058,744 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Delta Air Lines by 2.3% in the second quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock valued at $3,667,479,000 after acquiring an additional 1,648,071 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Delta Air Lines by 23.3% in the third quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company’s stock valued at $434,813,000 after acquiring an additional 1,447,058 shares in the last quarter. Marshall Wace LLP increased its stake in shares of Delta Air Lines by 16,044.7% during the third quarter. Marshall Wace LLP now owns 1,263,320 shares of the transportation company’s stock valued at $71,693,000 after acquiring an additional 1,255,495 shares during the period. Finally, Ninety One UK Ltd increased its stake in shares of Delta Air Lines by 23.6% during the third quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company’s stock valued at $219,095,000 after acquiring an additional 736,342 shares during the period. Institutional investors and hedge funds own 69.93% of the company’s stock.

Insider Transactions at Delta Air Lines

In other Delta Air Lines news, EVP Alain Bellemare sold 36,000 shares of Delta Air Lines stock in a transaction that occurred on 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 transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Erik Storey Snell sold 39,420 shares of the business’s stock in a transaction on 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 sale, the executive vice president directly owned 35,625 shares in the company, valued at approximately $2,530,087.50. This trade represents a 52.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 620,550 shares of company stock worth $44,127,667. 0.88% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

DAL has been the subject of a number of research analyst reports. Jefferies Financial Group cut their target price on Delta Air Lines from $84.00 to $72.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. Sanford C. Bernstein reiterated an “outperform” rating and set a $81.00 price target on shares of Delta Air Lines in a research report on Wednesday, January 14th. Wells Fargo & Company dropped their price objective on Delta Air Lines from $87.00 to $75.00 and set an “overweight” rating on the stock in a research note on Monday. Citigroup restated a “buy” rating on shares of Delta Air Lines in a report on Wednesday, January 7th. Finally, TD Cowen raised Delta Air Lines from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $78.76.

Delta Air Lines Trading Up 2.0%

Shares of DAL opened at $65.09 on Friday. The business’s 50-day moving average price is $67.32 and its 200 day moving average price is $64.13. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $42.51 billion, a P/E ratio of 8.49, a P/E/G ratio of 0.66 and a beta of 1.34. Delta Air Lines, Inc. has a 1-year low of $34.74 and a 1-year high of $76.39.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.02. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. The company had revenue of $14.61 billion during the quarter, compared to analyst estimates of $15.80 billion. During the same period in the prior year, the firm earned $1.85 earnings per share. The business’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. Analysts expect that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

Delta Air Lines Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, February 26th were paid a $0.1875 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a yield of 1.2%. Delta Air Lines’s dividend payout ratio (DPR) is currently 9.78%.

Trending Headlines about Delta Air Lines

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

• Positive Sentiment: Delta raised its March‑quarter revenue outlook, citing broad‑based strength across domestic and international leisure and corporate demand; management says stronger bookings are helping offset higher fuel costs and winter disruption risk. Read More.
• Positive Sentiment: TD Cowen upgraded DAL to strong‑buy and raised its price target to $77, signaling bullish analyst conviction that Delta can convert demand into earnings. Read More.
• Positive Sentiment: Barclays reiterated its Buy rating on Delta, supporting the view that the carrier’s revenue momentum and yield management are intact. Read More.
• Positive Sentiment: High‑profile commentators, including Jim Cramer, highlighted Delta’s relative resilience to rising oil prices — a sentiment that can support retail buying interest. Read More.
• Positive Sentiment: Technicals: DAL just crossed above its 200‑day moving average, a bullish signal that can attract momentum traders and ETFs that track breakout rules. Read More.
• Neutral Sentiment: Delta scheduled an April 8 webcast for March‑quarter results — an upcoming catalyst that will update investors on how revenue strength and fuel headwinds translate to EPS. Read More.
• Neutral Sentiment: UBS notes the whole airline group is increasingly reliant on pricing power (multiple fare hikes recently); this is positive if sustained but conditional on demand holding up. Read More.
• Negative Sentiment: Zacks Research downgraded DAL to “strong sell” (contrasting some upgrades), introducing conflicting analyst signals that can increase volatility. Read More.
• Negative Sentiment: Several firms trimmed price targets (Wells Fargo to $75, UBS to $83), reflecting fuel‑price risk from Middle East disruptions that could compress margins if fares and premiums don’t fully offset jet‑fuel cost increases. Read More. Read More.
• Negative Sentiment: Operational risk: CEO Ed Bastian publicly criticized unpaid TSA agents and ongoing airport staffing issues, underscoring potential for customer experience disruption and short‑term operational costs. Read More.
• Negative Sentiment: Macro headwind — jet fuel and crude have risen amid Middle East tensions; while demand has held up so far, sustained higher fuel prices remain the primary downside risk to margins. Read More.

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.