Delta Air Lines (NYSE:DAL) Price Target Lowered to $83.00 at UBS Group

Delta Air Lines (NYSE:DAL) had its price objective lowered by investment analysts at UBS Group from $87.00 to $83.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the transportation company’s stock. UBS Group’s price target would suggest a potential upside of 36.41% from the stock’s previous close.

DAL has been the subject of several other reports. Bank of America lifted their price objective on Delta Air Lines from $74.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Sanford C. Bernstein reissued an “outperform” rating and set a $81.00 price target on shares of Delta Air Lines in a research report on Wednesday, January 14th. Citigroup reissued a “buy” rating on shares of Delta Air Lines in a report on Wednesday, January 7th. Weiss Ratings downgraded Delta Air Lines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 6th. Finally, Seaport Research Partners increased their price objective on Delta Air Lines from $80.00 to $89.00 and gave the company a “buy” rating in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $78.76.

Delta Air Lines Price Performance

NYSE DAL traded up $2.07 during trading hours on Monday, reaching $60.85. The company’s stock had a trading volume of 14,147,118 shares, compared to its average volume of 10,171,435. 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’s 50-day moving average is $67.96 and its two-hundred day moving average is $64.11. Delta Air Lines has a fifty-two week low of $34.74 and a fifty-two week high of $76.39. The stock has a market cap of $39.74 billion, a PE ratio of 7.93, a PEG ratio of 0.59 and a beta of 1.34.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, beating 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 net margin of 7.90% and a return on equity of 20.96%. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Analysts forecast that Delta Air Lines will post 7.63 EPS for the current year.

Insider Activity at Delta Air Lines

In other news, CEO Edward H. Bastian sold 173,230 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $71.00, for a total transaction of $12,299,330.00. Following the sale, the chief executive officer owned 632,823 shares in the company, valued at $44,930,433. This trade represents a 21.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Erik Storey Snell sold 39,420 shares of Delta Air Lines stock in a transaction on Friday, January 16th. The shares were sold at an average price of $71.02, for a total value of $2,799,608.40. Following the completion of the sale, the executive vice president directly owned 35,625 shares of the company’s stock, valued at approximately $2,530,087.50. This represents a 52.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 620,550 shares of company stock worth $44,127,667. Company insiders own 0.96% of the company’s stock.

Institutional Trading of Delta Air Lines

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DAL. AlphaQuest LLC lifted its holdings in shares of Delta Air Lines by 90.6% during the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after acquiring an additional 211 shares during the period. Lloyd Advisory Services LLC. purchased a new stake in Delta Air Lines in the fourth quarter valued at approximately $31,000. Camelot Portfolios LLC purchased a new stake in Delta Air Lines in the fourth quarter valued at approximately $34,000. Accredited Wealth Management LLC increased its position in Delta Air Lines by 1,983.3% during the third quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after purchasing an additional 476 shares during the last quarter. Finally, Byrne Asset Management LLC purchased a new position in Delta Air Lines during the fourth quarter worth approximately $35,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

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.