Westpac Banking Corp Lowers Stock Holdings in Delta Air Lines, Inc. $DAL

Westpac Banking Corp decreased its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 93.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,296 shares of the transportation company’s stock after selling 17,153 shares during the quarter. Westpac Banking Corp’s holdings in Delta Air Lines were worth $74,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Delta Air Lines by 2.3% in the second quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock worth $3,667,479,000 after buying an additional 1,648,071 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Delta Air Lines by 23.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company’s stock worth $434,813,000 after acquiring an additional 1,447,058 shares during the last quarter. Ninety One UK Ltd boosted its holdings in Delta Air Lines by 23.6% during the 3rd quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company’s stock valued at $219,095,000 after acquiring an additional 736,342 shares during the period. Thrivent Financial for Lutherans increased its position in shares of Delta Air Lines by 39.8% during the second quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock worth $118,409,000 after acquiring an additional 685,312 shares during the period. Finally, State Street Corp increased its holdings in shares of 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 valued at $1,134,083,000 after acquiring an additional 581,421 shares during the period. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines Stock Performance

Shares of Delta Air Lines stock opened at $65.66 on Friday. The stock has a market capitalization of $42.89 billion, a price-to-earnings ratio of 8.56, a price-to-earnings-growth ratio of 0.68 and a beta of 1.37. Delta Air Lines, Inc. has a 12 month low of $34.74 and a 12 month high of $76.39. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34. The business has a 50-day moving average of $69.83 and a 200 day moving average of $63.99.

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 company had revenue of $14.61 billion for the quarter, compared to the consensus estimate of $15.80 billion. Delta Air Lines had a return on equity of 20.96% and a net margin of 7.90%.Delta Air Lines’s revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.85 EPS. 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. As a group, sell-side analysts forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

Delta Air Lines Dividend Announcement

The firm also recently announced 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 is Thursday, February 26th. This represents a $0.75 annualized dividend and a yield of 1.1%. Delta Air Lines’s payout ratio is presently 9.78%.

Insider Buying and Selling at Delta Air Lines

In other news, insider Peter W. Carter sold 27,000 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $74.82, for a total value of $2,020,140.00. Following the completion of the sale, the insider directly owned 421,744 shares of the company’s stock, valued at approximately $31,554,886.08. This represents a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Rahul D. Samant sold 62,528 shares of the firm’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $70.18, for a total value of $4,388,215.04. Following the transaction, the executive vice president directly owned 20,939 shares in the company, valued at approximately $1,469,499.02. This represents a 74.91% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 620,550 shares of company stock worth $44,127,667. 0.88% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

DAL has been the subject of a number of recent analyst reports. Citigroup reiterated a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. UBS Group reduced their target price on shares of Delta Air Lines from $90.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday, January 14th. HSBC increased their price target on shares of Delta Air Lines from $73.70 to $80.20 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Bank of America lifted their price target on shares of Delta Air Lines from $74.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Finally, Jefferies Financial Group increased their price objective on Delta Air Lines from $72.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to MarketBeat.com, Delta Air Lines presently has a consensus rating of “Buy” and a consensus price target of $80.47.

Key Headlines Impacting Delta Air Lines

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

• Positive Sentiment: Delta announced another order to refresh its narrowbody fleet with 34 Airbus A321neo jets — these newer, more fuel-efficient aircraft improve unit costs and premium-seat capacity over time, supporting margin expansion and premium revenue potential. Delta orders 34 more Airbus A321neo jets in fleet renewal push
• Positive Sentiment: Management is also pursuing wider fleet growth (widebody expansion) to chase long‑haul and premium demand — a structural growth push that can boost long‑term revenue per available seat mile if executed well. Delta Air Lines Aims at Fleet Growth: More Upside Ahead?
• Neutral Sentiment: Yesterday Delta closed higher, reflecting recent operational strength and beat/guide context from January earnings, but that momentum was overtaken by today’s macro cost shock. Why the Market Dipped But Delta Air Lines (DAL) Gained Today
• Negative Sentiment: Crude oil surged today, pushing jet‑fuel expectations higher — investors fear rising fuel costs will compress airline margins and earnings, driving broad sector weakness and heavy selling in Delta shares. Why Delta (DAL) Shares Are Getting Obliterated Today
• Negative Sentiment: Sectorwide jet‑fuel pressure also hit low‑cost peers (e.g., Frontier), signaling the move is macro/commodity‑driven rather than company‑specific — that increases downside risk across airline stocks, including DAL. Why Frontier (ULCC) Shares Are Sliding Today
• Negative Sentiment: Delta CEO Edward Bastian sold 100,000 shares in a disclosed transaction last week — while insider sales can be routine, the timing contributes to negative sentiment when paired with sector pain. SEC filing

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.