Raymond James Financial Cuts Delta Air Lines (NYSE:DAL) Price Target to $76.00

Delta Air Lines (NYSE:DAL) had its price objective decreased by Raymond James Financial from $80.00 to $76.00 in a research report report published on Tuesday morning,MarketScreener reports. Raymond James Financial currently has a strong-buy rating on the transportation company’s stock.

A number of other equities analysts have also issued reports on the company. HSBC raised their price target on Delta Air Lines from $73.70 to $80.20 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Argus set a $80.00 price objective on Delta Air Lines in a research report on Wednesday, January 14th. TD Cowen upgraded Delta Air Lines from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. Zacks Research lowered Delta Air Lines from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 17th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Delta Air Lines in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Delta Air Lines has an average rating of “Moderate Buy” and an average target price of $78.84.

Delta Air Lines Stock Down 1.2%

DAL stock opened at $66.77 on Tuesday. The company has a market cap of $43.61 billion, a price-to-earnings ratio of 8.71, a price-to-earnings-growth ratio of 0.69 and a beta of 1.31. The company has a fifty day moving average price of $66.52 and a 200 day moving average price of $64.46. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34. Delta Air Lines has a 12 month low of $34.74 and a 12 month high of $76.39.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.02. The company had revenue of $14.61 billion for the quarter, compared to the consensus estimate of $15.80 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. Delta Air Lines’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period last 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. Sell-side analysts expect that Delta Air Lines 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 given a $0.1875 dividend. The ex-dividend date was Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a yield of 1.1%. Delta Air Lines’s dividend payout ratio (DPR) is presently 9.78%.

Insider Buying and Selling

In other Delta Air Lines news, CEO Edward H. Bastian sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $70.26, for a total transaction of $7,026,000.00. Following the transaction, the chief executive officer owned 1,363,448 shares in the company, valued at approximately $95,795,856.48. The trade was a 6.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Alain Bellemare sold 35,212 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $75.20, for a total value of $2,647,942.40. Following the transaction, the executive vice president directly owned 138,176 shares of the company’s stock, valued at approximately $10,390,835.20. This trade represents a 20.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 620,550 shares of company stock worth $44,127,667 in the last three months. Company insiders own 0.88% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Capital International Investors boosted its position in shares of Delta Air Lines by 4.4% during the 4th quarter. Capital International Investors now owns 24,211,101 shares of the transportation company’s stock worth $1,680,249,000 after purchasing an additional 1,012,265 shares in the last quarter. State Street Corp grew its stake in shares of Delta Air Lines by 0.7% during the 4th quarter. State Street Corp now owns 23,163,644 shares of the transportation company’s stock worth $1,607,557,000 after purchasing an additional 165,729 shares during the period. Geode Capital Management LLC increased its holdings in shares of Delta Air Lines by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 17,413,841 shares of the transportation company’s stock valued at $1,215,766,000 after purchasing an additional 202,865 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of Delta Air Lines by 137.4% in the 4th quarter. Wellington Management Group LLP now owns 13,811,787 shares of the transportation company’s stock valued at $958,538,000 after purchasing an additional 7,994,004 shares in the last quarter. Finally, Morgan Stanley lifted its stake in shares of Delta Air Lines by 0.5% in the fourth quarter. Morgan Stanley now owns 12,310,804 shares of the transportation company’s stock valued at $854,370,000 after purchasing an additional 56,455 shares during the period. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Delta Air Lines News Summary

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

• Positive Sentiment: Delta signed a deal with Amazon’s low‑Earth‑orbit service (Project Leo) to bring high‑speed satellite Wi‑Fi to ~500 aircraft starting in 2028 — chosen because of Delta’s existing AWS relationship. The service promises up to 1 Gbps per plane and could strengthen customer experience, ancillary revenue and competitive positioning versus SpaceX’s Starlink. Delta Picks Bezos Over Musk For Satellite Wi-Fi
• Positive Sentiment: Certain analysts continue to back DAL with buy/positive ratings (Jefferies raised its PT to $78; others maintain buy/strong‑buy despite adjustments), providing analyst support for upside. Jefferies adjusts price target on Delta Air Lines
• Neutral Sentiment: Delta reports Q1 results on April 8; street estimates imply modest year‑over‑year EPS growth (consensus around ~$0.62). Guidance, revenue mix and bookings will be watched closely — the report is the next catalyst. Delta Air Lines to Report Q1 Earnings
• Neutral Sentiment: Multiple firms tweaked price targets (some lower, some slightly higher) but many kept buy/positive ratings — signaling mixed conviction: upside exists but expectations are being trimmed for higher costs. Susquehanna adjusts price target on Delta Air Lines
• Negative Sentiment: UBS warns the sector faces a fuel‑cost shock after jet fuel nearly doubled in March; analysts cut EPS across airlines — higher fuel will pressure margins unless Delta successfully passes costs to customers. Airlines brace for fuel shock as UBS sees revenue recovery as key earnings driver
• Negative Sentiment: Reports of major insider selling and recent price‑target reductions have created short‑term investor concern even as the stock has traded up at times — insider activity and lowered PTs can sap sentiment heading into earnings. Delta Air Lines Stock Gains Despite Price Target Reductions and Major Insider Selling

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.