Delta Air Lines, Inc. $DAL Shares Sold by CI Investments Inc.

CI Investments Inc. lessened its stake in Delta Air Lines, Inc. (NYSE:DAL) by 37.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,497 shares of the transportation company’s stock after selling 10,031 shares during the quarter. CI Investments Inc.’s holdings in Delta Air Lines were worth $936,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. AlphaQuest LLC grew its stake in Delta Air Lines by 90.6% in the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after purchasing an additional 211 shares in the last quarter. NewSquare Capital LLC increased its holdings in shares of Delta Air Lines by 184.6% in the 2nd quarter. NewSquare Capital LLC now owns 572 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 371 shares during the last quarter. Accredited Wealth Management LLC raised its position in shares of Delta Air Lines by 1,983.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 476 shares in the last quarter. Kilter Group LLC bought a new position in Delta Air Lines during the second quarter worth $35,000. Finally, First Horizon Corp acquired a new position in Delta Air Lines in the third quarter worth $38,000. Institutional investors own 69.93% of the company’s stock.

Insider Activity at Delta Air Lines

In related news, CEO Edward H. Bastian sold 173,230 shares of the company’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $71.00, for a total value of $12,299,330.00. Following the completion of the sale, the chief executive officer owned 632,823 shares of the company’s stock, valued at $44,930,433. This represents a 21.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Rahul D. Samant sold 62,528 shares of the firm’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $70.18, for a total transaction 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. The trade was a 74.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 620,550 shares of company stock worth $44,127,667 in the last ninety days. 0.88% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DAL. The Goldman Sachs Group increased their target price on shares of Delta Air Lines from $77.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $81.00 price objective on shares of Delta Air Lines in a research report on Wednesday, January 14th. Citigroup reiterated a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. HSBC lifted their target price on Delta Air Lines from $73.70 to $80.20 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Finally, Barclays upped their target price on Delta Air Lines from $65.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $80.38.

Key Delta Air Lines News

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

• Positive Sentiment: Analyst support and value narrative — multiple brokers still rate DAL a buy and value-minded commentators point to a low P/E and attractive upside relative to historical targets, which can limit downside and support longer-term buyers. Zacks: Strong Value Stock
• Neutral Sentiment: Upcoming earnings date — Delta reports results on April 8; that scheduled report gives investors a formal update on margins and guidance, which could re-price the stock but is not an immediate surprise. Benzinga: Earnings note
• Neutral Sentiment: Small analyst target tweak — Rothschild trimmed its price target from $72 to $70 but kept a buy rating; a modest revision rather than a broad downgrade. Benzinga: PT cut
• Negative Sentiment: Geopolitical disruption and suspended Tel Aviv service — Delta suspended New York–Tel Aviv flights and faces regional airspace disruptions that reduce revenue on exposed routes and complicate operations. Yahoo: Suspension of Tel Aviv flights
• Negative Sentiment: Rising oil and jet-fuel risk — crude prices have climbed amid the Middle East conflict, pressuring jet-fuel costs and compressing near-term airline margins; the sector-wide move lower reflects those input-cost concerns. QuiverQuant: Oil-driven sell-off
• Negative Sentiment: Wider airline disruption — tens of thousands of canceled flights and ongoing hub shutdowns (Cirium/Tourism Economics coverage) increase revenue and cargo risk across carriers. Yahoo: Flight cancellations
• Negative Sentiment: Major executive reshuffle — Delta announced a sweeping leadership change (CFO Dan Janki to COO/overseeing customer care; Erik Snell to CFO; Peter Carter to president). Markets often punish executive turnover because it raises short-term execution risk and creates uncertainty about strategy continuity. MSN: Executive reshuffle

Delta Air Lines Trading Down 3.8%

Delta Air Lines stock opened at $61.38 on Friday. Delta Air Lines, Inc. has a 52-week low of $34.74 and a 52-week high of $76.39. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $40.09 billion, a price-to-earnings ratio of 8.00, a PEG ratio of 0.62 and a beta of 1.34. The firm has a 50-day moving average price of $69.22 and a two-hundred day moving average price of $64.11.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.02. The company had revenue of $14.61 billion for the quarter, compared to analysts’ expectations of $15.80 billion. Delta Air Lines had a return on equity of 20.96% and a net margin of 7.90%.The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous 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. Sell-side analysts expect that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

Delta Air Lines Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, February 26th will be given a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, February 26th. Delta Air Lines’s payout ratio is 9.78%.

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.