Delta Air Lines, Inc. $DAL Shares Sold by Islay Capital Management LLC

Islay Capital Management LLC reduced its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 57.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 8,902 shares of the transportation company’s stock after selling 12,005 shares during the period. Islay Capital Management LLC’s holdings in Delta Air Lines were worth $505,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Delta Air Lines by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock valued at $3,667,479,000 after acquiring an additional 1,648,071 shares during the period. State Street Corp lifted its position in shares of Delta Air Lines by 2.6% during the second quarter. State Street Corp now owns 23,059,848 shares of the transportation company’s stock worth $1,134,083,000 after purchasing an additional 581,421 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Delta Air Lines by 3.3% in the second quarter. Geode Capital Management LLC now owns 16,757,932 shares of the transportation company’s stock valued at $822,127,000 after purchasing an additional 527,570 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Delta Air Lines by 23.3% in the third quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company’s stock valued at $434,813,000 after purchasing an additional 1,447,058 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in Delta Air Lines by 0.8% during the 2nd quarter. AQR Capital Management LLC now owns 6,012,856 shares of the transportation company’s stock worth $295,712,000 after buying an additional 48,974 shares during the period. 69.93% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DAL has been the subject of several recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Delta Air Lines in a research report on Wednesday, January 21st. Wells Fargo & Company set a $87.00 target price on Delta Air Lines in a report on Thursday, December 18th. HSBC upped their price target on Delta Air Lines from $73.70 to $80.20 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Seaport Research Partners increased their price target on Delta Air Lines from $80.00 to $89.00 and gave the company a “buy” rating in a research report on Friday, January 9th. Finally, Wall Street Zen downgraded Delta Air Lines from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating and twenty-three have given a Buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $80.38.

Insider Activity

In other news, insider Peter W. Carter sold 27,000 shares of Delta Air Lines stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $74.82, for a total transaction of $2,020,140.00. Following the sale, the insider owned 421,744 shares in the company, valued at approximately $31,554,886.08. The trade was a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Rahul D. Samant sold 62,528 shares of the business’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $70.18, for a total value of $4,388,215.04. Following the completion of the sale, the executive vice president directly owned 20,939 shares of the company’s stock, valued at $1,469,499.02. The trade was a 74.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 620,550 shares of company stock worth $44,127,667 over the last three months. Company insiders own 0.88% of the company’s stock.

Delta Air Lines News Summary

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%

NYSE:DAL opened at $61.38 on Friday. Delta Air Lines, Inc. has a 1 year low of $34.74 and a 1 year high of $76.39. The stock has a market cap of $40.09 billion, a P/E ratio of 8.00, a P/E/G ratio of 0.62 and a beta of 1.34. 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 stock has a 50-day simple moving average of $69.22 and a 200-day simple moving average of $64.11.

Delta Air Lines (NYSE:DAL) last posted its 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 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 firm’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business 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. As a group, analysts anticipate that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Delta Air Lines Announces Dividend

The business also recently announced 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. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, February 26th. Delta Air Lines’s dividend payout ratio (DPR) is 9.78%.

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.