Delta Air Lines, Inc. $DAL Shares Sold by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC cut its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 3.9% in the 3rd quarter, Holdings Channel reports. The fund owned 341,023 shares of the transportation company’s stock after selling 13,865 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in Delta Air Lines were worth $19,353,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its holdings in shares of Delta Air Lines by 33.5% in the fourth quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock valued at $555,000 after purchasing an additional 2,302 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of Delta Air Lines during the first quarter worth approximately $178,000. Sivia Capital Partners LLC acquired a new stake in shares of Delta Air Lines during the second quarter worth $555,000. PNC Financial Services Group Inc. lifted its holdings in shares of Delta Air Lines by 3.8% during the second quarter. PNC Financial Services Group Inc. now owns 120,705 shares of the transportation company’s stock worth $5,936,000 after purchasing an additional 4,375 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its position in Delta Air Lines by 5.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,451,418 shares of the transportation company’s stock valued at $169,741,000 after buying an additional 164,706 shares during the last quarter. 69.93% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Weiss Ratings cut shares of Delta Air Lines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 6th. BNP Paribas Exane lifted their target price on shares of Delta Air Lines from $70.00 to $85.00 and gave the company an “outperform” rating in a report on Monday, December 8th. HSBC boosted their price target on shares of Delta Air Lines from $73.70 to $80.20 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. BMO Capital Markets reissued an “outperform” rating on shares of Delta Air Lines in a report on Wednesday, January 14th. Finally, Dbs Bank upgraded shares of Delta Air Lines to a “moderate buy” rating in a research report on Monday, January 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $78.76.

Delta Air Lines Price Performance

Shares of NYSE DAL opened at $60.85 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 firm has a market capitalization of $39.74 billion, a P/E ratio of 7.93, a PEG ratio of 0.59 and a beta of 1.34. The company’s fifty day moving average is $67.74 and its two-hundred day moving average is $64.10.

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

Delta Air Lines Announces Dividend

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

Insider Buying and Selling at Delta Air Lines

In other news, EVP Alain Bellemare sold 35,212 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $75.20, for a total transaction of $2,647,942.40. Following the sale, the executive vice president owned 138,176 shares of the company’s stock, valued at $10,390,835.20. The trade was a 20.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Steven M. Sear sold 38,600 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $75.05, for a total value of $2,896,930.00. Following the completion of the sale, the executive vice president owned 104,404 shares in the company, valued at approximately $7,835,520.20. This represents a 26.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 620,550 shares of company stock worth $44,127,667. Corporate insiders own 0.96% of the company’s stock.

Trending Headlines about Delta Air Lines

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

• Positive Sentiment: MarketBeat calls DAL a potential value buy after a steep pullback, highlighting a low P/E, near-oversold RSI and management’s 2026 guidance (EPS $6.50–$7.50) and strong 2025 cash flow metrics — a bullish framing that can attract value investors. 5 Oversold Large-Cap Stocks That May Be Worth Buying Soon
• Positive Sentiment: UBS trimmed its price target on DAL from $87 to $83 but kept a “Buy” rating, signaling continued analyst conviction and implying sizable upside from current levels. That maintained buy rating supports the near-term bullish narrative. UBS Lowers Price Target
• Positive Sentiment: Wells Fargo reduced its DAL target (from $87 to $75) but remains “Overweight” — another institutional reaffirmation that can underpin buying interest despite the cut. Wells Fargo Lowers Price Target
• Positive Sentiment: TD Cowen reiterated a bullish stance on DAL, keeping the stock on lists of attractively priced large-caps despite industry cost pressures — further evidence of continued analyst support. TD Cowen Remains Bullish on Delta Air Lines
• Neutral Sentiment: Several valuation/analysis pieces assess DAL after the recent pullback, reviewing upside vs. risks and noting that the share price decline has pushed valuation metrics to historically cheap levels — useful context but not an immediate catalyst. Assessing Delta Air Lines (DAL) Valuation
• Neutral Sentiment: The “Delta Ushers a New Era…” item refers to Delta (power-management/smart-green solutions), not Delta Air Lines — not directly relevant to DAL’s operations or stock. Investors should not conflate that Delta with Delta Air Lines. Delta Ushers a New Era of AI Digital Twins
• Negative Sentiment: UBS and other analysts have cut airline earnings estimates and price targets because rising jet fuel costs are squeezing margins — a sector-wide headwind that could blunt DAL’s earnings and put downward pressure on the stock if fuel remains elevated. US airline stocks near potential bottom as UBS cuts estimates on rising fuel costs
• Negative Sentiment: A recent article highlighting a “shutdown push” and broader risk/valuation questions underscores near-term operational and political/regulatory risks that could amplify volatility and act as a drag on sentiment until resolved. Delta Shutdown Push Puts Spotlight On Delta Air Lines Valuation And Risks

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.