AustralianSuper Pty Ltd Trims Holdings in Delta Air Lines, Inc. $DAL

AustralianSuper Pty Ltd decreased its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 59.7% in the third quarter, HoldingsChannel reports. The firm owned 77,320 shares of the transportation company’s stock after selling 114,741 shares during the quarter. AustralianSuper Pty Ltd’s holdings in Delta Air Lines were worth $4,388,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. NewSquare Capital LLC increased its stake in shares of Delta Air Lines by 184.6% in the second quarter. NewSquare Capital LLC now owns 572 shares of the transportation company’s stock worth $28,000 after acquiring an additional 371 shares during the period. Activest Wealth Management lifted its holdings in shares of Delta Air Lines by 2,280.8% in the 2nd quarter. Activest Wealth Management now owns 619 shares of the transportation company’s stock valued at $30,000 after buying an additional 593 shares during the period. First Horizon Corp acquired a new position in shares of Delta Air Lines in the 3rd quarter valued at about $38,000. Kilter Group LLC acquired a new stake in Delta Air Lines during the second quarter worth about $35,000. Finally, Hemington Wealth Management raised its position in Delta Air Lines by 37.6% during the third quarter. Hemington Wealth Management now owns 779 shares of the transportation company’s stock valued at $44,000 after acquiring an additional 213 shares in the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.

Insider Buying and Selling at Delta Air Lines

In other Delta Air Lines news, EVP Erik Storey Snell sold 39,420 shares of the business’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $71.02, for a total transaction of $2,799,608.40. Following the transaction, the executive vice president owned 35,625 shares of the company’s stock, valued at approximately $2,530,087.50. The trade was a 52.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Alain Bellemare sold 36,000 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $69.21, for a total value of $2,491,560.00. Following the completion of the sale, the executive vice president owned 95,731 shares of the company’s stock, valued at approximately $6,625,542.51. The trade was a 27.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 351,243 shares of company stock worth $24,742,087. 0.88% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on DAL shares. UBS Group dropped their price objective on shares of Delta Air Lines from $90.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Delta Air Lines from $63.00 to $72.00 and gave the company a “buy” rating in a research report on Friday, October 10th. Raymond James Financial reissued a “strong-buy” rating and set a $80.00 target price on shares of Delta Air Lines in a research note on Friday, December 19th. BMO Capital Markets restated an “outperform” rating on shares of Delta Air Lines in a research note on Wednesday, January 14th. Finally, BNP Paribas Exane upped their price target on Delta Air Lines from $70.00 to $85.00 and gave the stock an “outperform” rating in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to MarketBeat.com, Delta Air Lines presently has a consensus rating of “Buy” and a consensus price target of $80.47.

Delta Air Lines Trading Down 1.1%

Shares of DAL opened at $65.80 on Friday. Delta Air Lines, Inc. has a 52-week low of $34.74 and a 52-week high of $73.16. The stock has a market cap of $42.97 billion, a PE ratio of 8.58, a price-to-earnings-growth ratio of 0.64 and a beta of 1.38. The firm’s fifty day moving average is $68.66 and its two-hundred day moving average is $61.81. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60.

Delta Air Lines (NYSE:DAL) last issued its earnings results on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.02. The business had revenue of $14.61 billion during the quarter, compared to analysts’ expectations of $15.80 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.99%. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.85 earnings per share. 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. Research analysts forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

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.