Delta Air Lines (NYSE:DAL) EVP Erik Storey Snell Sells 39,420 Shares

Delta Air Lines, Inc. (NYSE:DAL) 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 value of $2,799,608.40. Following the completion of the transaction, the executive vice president directly 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.

Delta Air Lines Stock Up 2.2%

DAL stock traded up $1.49 during trading on Wednesday, reaching $68.95. 9,782,639 shares of the company traded hands, compared to its average volume of 8,721,844. The business has a 50 day simple moving average of $67.17 and a 200 day simple moving average of $61.17. Delta Air Lines, Inc. has a 12 month low of $34.74 and a 12 month high of $73.16. 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 has a market capitalization of $45.02 billion, a price-to-earnings ratio of 8.99, a price-to-earnings-growth ratio of 0.85 and a beta of 1.38.

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

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. UBS Group decreased their price objective on Delta Air Lines from $90.00 to $87.00 and set a “buy” rating for the company in a report on Wednesday, January 14th. Barclays increased their price target on Delta Air Lines from $65.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Argus set a $80.00 price target on Delta Air Lines in a report on Wednesday, January 14th. Bank of America upped their price objective on shares of Delta Air Lines from $74.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Finally, Wall Street Zen cut shares of Delta Air Lines from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $80.47.

Hedge Funds Weigh In On Delta Air Lines

A number of institutional investors have recently bought and sold shares of DAL. Capital Investment Advisory Services LLC purchased a new stake in shares of Delta Air Lines in the 4th quarter valued at $223,000. Woodmont Investment Counsel LLC lifted its position in Delta Air Lines by 0.5% during the fourth quarter. Woodmont Investment Counsel LLC now owns 39,797 shares of the transportation company’s stock valued at $2,762,000 after purchasing an additional 194 shares during the period. BIP Wealth LLC boosted its holdings in Delta Air Lines by 357.1% in the fourth quarter. BIP Wealth LLC now owns 20,386 shares of the transportation company’s stock valued at $1,415,000 after purchasing an additional 15,926 shares during the last quarter. Greenleaf Trust boosted its holdings in Delta Air Lines by 2.5% in the fourth quarter. Greenleaf Trust now owns 11,219 shares of the transportation company’s stock valued at $779,000 after purchasing an additional 273 shares during the last quarter. Finally, Jefferson Bridge Capital LLC acquired a new stake in Delta Air Lines during the 4th quarter worth about $1,787,000. 69.93% of the stock is owned by hedge funds and other institutional investors.

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.