Delta Air Lines, Inc. $DAL Shares Sold by Capital International Investors

Capital International Investors trimmed its position in Delta Air Lines, Inc. (NYSE:DAL) by 7.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,198,836 shares of the transportation company’s stock after selling 1,741,112 shares during the quarter. Capital International Investors owned 3.55% of Delta Air Lines worth $1,316,556,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of DAL. Federated Hermes Inc. raised its stake in shares of Delta Air Lines by 7.7% in the 3rd quarter. Federated Hermes Inc. now owns 358,870 shares of the transportation company’s stock valued at $20,366,000 after acquiring an additional 25,507 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in Delta Air Lines by 10.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 87,344 shares of the transportation company’s stock valued at $4,957,000 after purchasing an additional 8,309 shares in the last quarter. Independent Advisor Alliance increased its holdings in Delta Air Lines by 41.3% in the 3rd quarter. Independent Advisor Alliance now owns 53,601 shares of the transportation company’s stock valued at $3,042,000 after purchasing an additional 15,661 shares in the last quarter. National Pension Service purchased a new position in Delta Air Lines in the third quarter valued at about $1,201,000. Finally, Thrivent Financial for Lutherans raised its position in Delta Air Lines by 39.8% in the second quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock valued at $118,409,000 after purchasing an additional 685,312 shares during the period. 69.93% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DAL. Dbs Bank raised Delta Air Lines to a “moderate buy” rating in a research report on Monday, January 19th. BNP Paribas Exane raised their target price on Delta Air Lines from $70.00 to $85.00 and gave the company an “outperform” rating in a report on Monday, December 8th. Susquehanna boosted their price target on Delta Air Lines from $70.00 to $85.00 and gave the stock a “positive” rating in a research report on Friday, January 9th. Wall Street Zen cut Delta Air Lines from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Finally, Weiss Ratings lowered shares of Delta Air Lines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $79.93.

Insiders Place Their Bets

In related news, EVP Steven M. Sear sold 38,600 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $75.05, for a total value of $2,896,930.00. Following the sale, the executive vice president directly owned 104,404 shares of the company’s stock, valued at $7,835,520.20. This represents a 26.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Alain Bellemare sold 35,212 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $75.20, for a total transaction of $2,647,942.40. Following the transaction, the executive vice president owned 138,176 shares in the company, valued at $10,390,835.20. This trade represents a 20.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 620,550 shares of company stock valued at $44,127,667. 0.96% of the stock is owned by insiders.

Delta Air Lines Trading Up 2.7%

NYSE:DAL opened at $60.62 on Tuesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.34 and a current ratio of 0.40. Delta Air Lines, Inc. has a one year low of $34.74 and a one year high of $76.39. The business’s 50-day simple moving average is $68.81 and its 200 day simple moving average is $64.18. The stock has a market cap of $39.59 billion, a price-to-earnings ratio of 7.90, a price-to-earnings-growth ratio of 0.57 and a beta of 1.34.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data 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. Delta Air Lines had a return on equity of 20.96% and a net margin of 7.90%.The firm had revenue of $14.61 billion during the quarter, compared to analyst estimates of $15.80 billion. During the same quarter last year, the firm earned $1.85 EPS. Delta Air Lines’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. As a group, sell-side analysts predict that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Delta Air Lines Dividend Announcement

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