Andra AP fonden Invests $1.46 Million in Delta Air Lines, Inc. $DAL

Andra AP fonden acquired a new stake in shares of Delta Air Lines, Inc. (NYSE:DAL) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,900 shares of the transportation company’s stock, valued at approximately $1,456,000.

Other large investors have also recently bought and sold shares of the company. Lloyd Advisory Services LLC. purchased a new position in Delta Air Lines during the 4th quarter worth approximately $31,000. SWAN Capital LLC boosted its holdings in Delta Air Lines by 1,016.0% in the third quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 508 shares during the last quarter. Camelot Portfolios LLC purchased a new stake in shares of Delta Air Lines in the fourth quarter worth about $34,000. Cornerstone Planning Group LLC grew its holdings in Delta Air Lines by 451.6% during the fourth quarter. Cornerstone Planning Group LLC now owns 524 shares of the transportation company’s stock worth $34,000 after acquiring an additional 429 shares during the period. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Delta Air Lines during the third quarter worth about $35,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Delta Air Lines News Summary

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

• Positive Sentiment: Delta’s recent business trends still appear constructive, with the company reporting strong quarterly revenue and continued demand strength in travel, and management also recently announced a five-year sustainable aviation fuel partnership with Shell that could support longer-term fuel strategy. Shell Signs Five Year SAF Deal With Delta Across Major U.S. Airports
• Neutral Sentiment: Peer airline earnings from Southwest and American Airlines showed that record or strong revenues and premium demand can offset some cost pressure, reinforcing the view that airline fundamentals are mixed but still resilient. Southwest Airlines Q2 Earnings Beat Estimates on Record Revenue Growth AAL Q2 Earnings Beat Estimates on Record Revenues, Premium Demand
• Negative Sentiment: Higher fuel costs remain the main stock pressure point, with American Airlines lowering its annual profit outlook after warning that swelling jet fuel costs could add $6 billion in 2026; that same sector-wide concern is weighing on DAL. Swelling jet fuel costs hit American Airlines outlook Delta Air Lines Slides as Fuel-Cost Concerns Pressure Airline Shares

Insiders Place Their Bets

In other Delta Air Lines news, EVP Allison C. Ausband sold 9,710 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $76.00, for a total value of $737,960.00. Following the completion of the sale, the executive vice president directly owned 138,854 shares in the company, valued at $10,552,904. This represents a 6.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 completion of the sale, the executive vice president owned 95,025 shares of the company’s stock, valued at approximately $7,738,836. The trade was a 20.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 65,331 shares of company stock worth $5,036,638 in the last three months. 0.80% of the stock is currently owned by corporate insiders.

Delta Air Lines Price Performance

Shares of NYSE DAL opened at $81.92 on Friday. Delta Air Lines, Inc. has a 52 week low of $50.44 and a 52 week high of $95.68. The stock has a market capitalization of $53.87 billion, a price-to-earnings ratio of 13.59, a price-to-earnings-growth ratio of 1.05 and a beta of 1.29. The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 0.48. The firm has a 50-day simple moving average of $83.50 and a 200-day simple moving average of $73.48.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings data on Thursday, July 9th. The transportation company reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.07. Delta Air Lines had a net margin of 5.79% and a return on equity of 17.52%. The company had revenue of $17.67 billion during the quarter, compared to the consensus estimate of $17.43 billion. During the same quarter in the prior year, the firm earned $2.10 EPS. Delta Air Lines’s quarterly revenue was up 18.7% on a year-over-year basis. On average, equities analysts predict that Delta Air Lines, Inc. will post 6.54 earnings per share for the current fiscal year.

Delta Air Lines Increases Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on DAL shares. Wells Fargo & Company boosted their price target on Delta Air Lines from $75.00 to $105.00 and gave the company an “overweight” rating in a report on Tuesday, June 30th. Susquehanna upped their price objective on shares of Delta Air Lines from $78.00 to $108.00 and gave the stock a “positive” rating in a research report on Tuesday, July 7th. Argus set a $105.00 target price on shares of Delta Air Lines in a research note on Tuesday, July 14th. Raymond James Financial downgraded Delta Air Lines from a “strong-buy” rating to an “outperform” rating and upped their target price for the stock from $80.00 to $104.00 in a research note on Monday, July 6th. Finally, Jefferies Financial Group increased their target price on Delta Air Lines from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Twenty-three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $100.40.

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.