Delta Air Lines, Inc. $DAL Shares Purchased by Calamos Advisors LLC

Calamos Advisors LLC increased its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 3.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 379,989 shares of the transportation company’s stock after buying an additional 11,395 shares during the period. Calamos Advisors LLC owned about 0.06% of Delta Air Lines worth $25,262,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. IFM Investors Pty Ltd boosted its position in shares of Delta Air Lines by 0.5% in the 4th quarter. IFM Investors Pty Ltd now owns 28,167 shares of the transportation company’s stock worth $1,955,000 after buying an additional 144 shares in the last quarter. Utah Retirement Systems increased its holdings in Delta Air Lines by 0.3% during the 4th quarter. Utah Retirement Systems now owns 52,620 shares of the transportation company’s stock valued at $3,652,000 after acquiring an additional 144 shares in the last quarter. First Financial Bank Trust Division raised its position in Delta Air Lines by 3.3% during the fourth quarter. First Financial Bank Trust Division now owns 4,721 shares of the transportation company’s stock worth $328,000 after acquiring an additional 150 shares during the last quarter. HBK Sorce Advisory LLC lifted its holdings in shares of Delta Air Lines by 2.6% in the fourth quarter. HBK Sorce Advisory LLC now owns 6,022 shares of the transportation company’s stock valued at $454,000 after purchasing an additional 151 shares in the last quarter. Finally, Larson Financial Group LLC lifted its holdings in shares of Delta Air Lines by 2.4% in the fourth quarter. Larson Financial Group LLC now owns 6,472 shares of the transportation company’s stock valued at $449,000 after purchasing an additional 152 shares in the last quarter. 69.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Alain Bellemare sold 25,000 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $81.44, for a total value of $2,036,000.00. Following the sale, the executive vice president directly owned 95,025 shares of the company’s stock, valued at $7,738,836. This represents a 20.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Allison C. Ausband sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $79.00, for a total value of $395,000.00. Following the sale, the executive vice president directly owned 133,854 shares in the company, valued at approximately $10,574,466. This represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 65,331 shares of company stock valued at $5,036,638 in the last three months. Corporate insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. HSBC decreased their price target on shares of Delta Air Lines from $80.20 to $79.30 and set a “buy” rating on the stock in a research note on Thursday, April 9th. Jefferies Financial Group upped their price objective on shares of Delta Air Lines from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Friday. BMO Capital Markets upped their price target on Delta Air Lines from $80.00 to $105.00 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Barclays raised their price objective on Delta Air Lines from $85.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Finally, Evercore lifted their price objective on Delta Air Lines from $85.00 to $105.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Twenty-three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $99.38.

Delta Air Lines Stock Performance

Shares of NYSE:DAL opened at $86.19 on Tuesday. The business’s 50-day simple moving average is $81.46 and its 200 day simple moving average is $72.65. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.35 and a current ratio of 0.42. The company has a market cap of $56.63 billion, a P/E ratio of 14.29, a PEG ratio of 1.11 and a beta of 1.29. Delta Air Lines, Inc. has a one year low of $50.44 and a one year high of $95.68.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Thursday, July 9th. The transportation company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.49 by $0.07. Delta Air Lines had a return on equity of 17.52% and a net margin of 5.79%.The business had revenue of $17.67 billion for the quarter, compared to analysts’ expectations of $17.43 billion. During the same quarter in the previous year, the firm posted $2.10 earnings per share. The company’s revenue was up 18.7% compared to the same quarter last year. On average, sell-side analysts forecast that Delta Air Lines, Inc. will post 6.5 earnings per share for the current fiscal year.

Delta Air Lines Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th will be given a dividend of $0.215 per share. The ex-dividend date of this dividend is Thursday, July 9th. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. Delta Air Lines’s dividend payout ratio is 14.26%.

Delta Air Lines News Summary

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

• Positive Sentiment: Delta reaffirmed its full-year outlook after reporting stronger-than-expected Q2 results, reinforcing the view that earnings remain resilient despite higher fuel costs. Bank of America kept a Buy rating and said the earnings beat supports Delta’s valuation. Delta Air Lines earnings resilience supports valuation, Bank of America says
• Positive Sentiment: Several analysts raised price targets after the earnings release, citing a better revenue mix, premium demand, and improved outlook for cash flow and margins. JPMorgan reportedly lifted its target to $114 and maintained an overweight view. These Analysts Boost Their Forecasts On Delta Air Following Upbeat Q2 Results
• Positive Sentiment: Commentary around Delta’s premium product, loyalty growth, and durable demand suggests the airline is becoming more resilient and less dependent on basic fares, which investors often view as a higher-quality earnings mix. Delta Air Lines Stock Outlook as Premium Demand Fuels Growth
• Neutral Sentiment: Management emphasized disciplined capacity, stronger pricing, and diversified revenue streams, but also acknowledged record fuel expense and ongoing margin pressure, leaving the near-term setup balanced. DAL Q2 Earnings Call Highlights Durable Demand, Firm Outlook
• Negative Sentiment: Some coverage warns that fuel, labor, and capacity risks could limit upside, while geopolitical tensions and broader airline-sector concerns may create short-term turbulence for DAL shares. Thanks to Escalating Iran Tensions, Delta Air Lines Stock Could Face Turbulence. How to Trade It Here.

Delta Air Lines Company 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.