Arista Wealth Management LLC Purchases 7,700 Shares of Delta Air Lines, Inc. $DAL

Arista Wealth Management LLC lifted its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 102.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 15,221 shares of the transportation company’s stock after buying an additional 7,700 shares during the period. Arista Wealth Management LLC’s holdings in Delta Air Lines were worth $864,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of Delta Air Lines by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock worth $3,667,479,000 after acquiring an additional 1,648,071 shares during the last quarter. State Street Corp raised its holdings in Delta Air Lines by 2.6% in the 2nd quarter. State Street Corp now owns 23,059,848 shares of the transportation company’s stock worth $1,134,083,000 after purchasing an additional 581,421 shares during the period. Geode Capital Management LLC lifted its position in Delta Air Lines by 3.3% during the second quarter. Geode Capital Management LLC now owns 16,757,932 shares of the transportation company’s stock valued at $822,127,000 after purchasing an additional 527,570 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Delta Air Lines by 23.3% during 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 purchasing an additional 1,447,058 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in Delta Air Lines by 0.8% during the second quarter. AQR Capital Management LLC now owns 6,012,856 shares of the transportation company’s stock valued at $295,712,000 after purchasing an additional 48,974 shares during the period. 69.93% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Rothschild & Co Redburn lifted their price objective on Delta Air Lines from $65.00 to $72.00 in a research report on Tuesday, October 14th. Bank of America raised their target price on shares of Delta Air Lines from $74.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Argus set a $80.00 price target on shares of Delta Air Lines in a report on Wednesday, January 14th. Wells Fargo & Company set a $87.00 price objective on shares of Delta Air Lines in a research note on Thursday, December 18th. Finally, TD Cowen restated a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $80.47.

Delta Air Lines Price Performance

DAL stock opened at $75.05 on Tuesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.34 and a current ratio of 0.40. The company’s fifty day moving average price is $69.68 and its 200-day moving average price is $62.57. Delta Air Lines, Inc. has a one year low of $34.74 and a one year high of $75.72. The company has a market capitalization of $49.00 billion, a PE ratio of 9.78, a price-to-earnings-growth ratio of 0.73 and a beta of 1.37.

Delta Air Lines (NYSE:DAL) last posted its earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.02. The company 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%. Delta Air Lines’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the company 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, equities analysts anticipate that Delta Air Lines, Inc. will post 7.63 EPS for the current fiscal year.

Delta Air Lines Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, February 26th will be paid a dividend of $0.1875 per share. The ex-dividend date of this dividend is Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a yield of 1.0%. Delta Air Lines’s dividend payout ratio is presently 9.78%.

Insider Buying and Selling 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 stock was sold at an average price of $69.21, for a total value of $2,491,560.00. Following the sale, the executive vice president owned 95,731 shares of the company’s stock, valued at $6,625,542.51. The trade was a 27.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Erik Storey Snell sold 39,420 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $71.02, for a total value of $2,799,608.40. Following the sale, the executive vice president directly owned 35,625 shares in the company, valued at $2,530,087.50. This trade represents a 52.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 419,738 shares of company stock worth $29,536,655 over the last three months. 0.96% of the stock is owned by company insiders.

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.