Thrivent Financial for Lutherans Acquires 235,173 Shares of Delta Air Lines, Inc. $DAL

Thrivent Financial for Lutherans lifted its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 9.8% in the 3rd quarter, Holdings Channel reports. The firm owned 2,642,758 shares of the transportation company’s stock after acquiring an additional 235,173 shares during the period. Thrivent Financial for Lutherans’ holdings in Delta Air Lines were worth $149,977,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. AlphaQuest LLC raised its position in shares of Delta Air Lines by 90.6% during the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock valued at $25,000 after buying an additional 211 shares in the last quarter. NewSquare Capital LLC grew its position in 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 in the last quarter. Activest Wealth Management increased its stake in Delta Air Lines by 2,280.8% in the second quarter. Activest Wealth Management now owns 619 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 593 shares during the last quarter. First Horizon Corp bought a new position in Delta Air Lines in the third quarter valued at $38,000. Finally, Kilter Group LLC purchased a new stake in Delta Air Lines during the second quarter valued at about $35,000. 69.93% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Delta Air Lines news, EVP Alain Bellemare sold 36,000 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $69.21, for a total transaction of $2,491,560.00. Following the completion of the transaction, the executive vice president owned 95,731 shares of the company’s stock, valued at approximately $6,625,542.51. This trade represents a 27.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Erik Storey Snell sold 39,420 shares of the company’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 35,625 shares in the company, valued at $2,530,087.50. This represents a 52.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 351,243 shares of company stock worth $24,742,087. Insiders own 0.88% of the company’s stock.

Delta Air Lines Trading Down 1.1%

Shares of DAL opened at $65.80 on Friday. The stock has a market capitalization of $42.97 billion, a P/E ratio of 8.58, a PEG ratio of 0.64 and a beta of 1.38. Delta Air Lines, Inc. has a twelve month low of $34.74 and a twelve month high of $73.16. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. The firm has a fifty day simple moving average of $68.66 and a two-hundred day simple moving average of $61.85.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.53 by $0.02. The firm had revenue of $14.61 billion during 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 20.99%. 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 firm posted $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. On average, research analysts anticipate that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Analyst Ratings Changes

Several analysts have issued reports on the company. Rothschild & Co Redburn upped their target price on Delta Air Lines from $65.00 to $72.00 in a research note on Tuesday, October 14th. Barclays upped their price objective on shares of Delta Air Lines from $65.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Delta Air Lines in a report on Wednesday, January 14th. Dbs Bank upgraded shares of Delta Air Lines to a “moderate buy” rating in a research report on Monday, January 19th. Finally, Citigroup restated a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $80.47.

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.