Insider Selling: Delta Air Lines (NYSE:DAL) EVP Sells $2,896,930.00 in Stock

Delta Air Lines, Inc. (NYSE:DAL) EVP Steven Sear sold 38,600 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $75.05, for a total value of $2,896,930.00. Following the sale, the executive vice president directly owned 104,404 shares of the company’s stock, valued at $7,835,520.20. The trade was a 26.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Delta Air Lines Trading Down 2.7%

NYSE:DAL opened at $69.50 on Friday. Delta Air Lines, Inc. has a 12-month low of $34.74 and a 12-month high of $76.39. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.60. The stock’s 50 day simple moving average is $69.98 and its 200-day simple moving average is $62.82. The firm has a market cap of $45.38 billion, a P/E ratio of 9.06, a PEG ratio of 0.69 and a beta of 1.37.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, topping 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 return on equity of 20.99% and a net margin of 7.90%.The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period last year, the company 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. Equities analysts anticipate that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Delta Air Lines Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, February 26th will be given a $0.1875 dividend. The ex-dividend date is 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%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DAL. AlphaQuest LLC grew its stake in Delta Air Lines by 90.6% in the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 211 shares during the last quarter. NewSquare Capital LLC lifted its holdings 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 valued at $28,000 after purchasing an additional 371 shares in the last quarter. Accredited Wealth Management LLC grew its position in shares of Delta Air Lines by 1,983.3% in the third quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 476 shares during the last quarter. Activest Wealth Management increased its stake in shares of Delta Air Lines by 2,280.8% during the 2nd quarter. Activest Wealth Management now owns 619 shares of the transportation company’s stock worth $30,000 after purchasing an additional 593 shares in the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of Delta Air Lines during the 4th quarter worth approximately $31,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Analyst Upgrades and Downgrades

DAL has been the subject of several recent analyst reports. The Goldman Sachs Group raised their price target on Delta Air Lines from $77.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Citigroup reissued a “buy” rating on shares of Delta Air Lines in a report on Wednesday, January 7th. Jefferies Financial Group boosted their target price on shares of Delta Air Lines from $72.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $81.00 price target on shares of Delta Air Lines in a research note on Wednesday, January 14th. Finally, TD Cowen reiterated a “buy” rating on shares of Delta Air Lines in a 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target 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.