Teacher Retirement System of Texas lifted its position in shares of Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 154.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 192,384 shares of the transportation company’s stock after acquiring an additional 116,891 shares during the period. Teacher Retirement System of Texas’ holdings in Delta Air Lines were worth $13,351,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in DAL. AlphaQuest LLC increased its position in shares of Delta Air Lines by 90.6% during the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 211 shares in the last quarter. Accredited Wealth Management LLC grew its position in Delta Air Lines by 1,983.3% in the 3rd 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 period. SWAN Capital LLC grew its position in Delta Air Lines by 1,016.0% in the 3rd quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock worth $32,000 after purchasing an additional 508 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in Delta Air Lines in the 3rd quarter worth approximately $35,000. Finally, Byrne Asset Management LLC bought a new stake in Delta Air Lines in the 4th quarter worth approximately $35,000. Institutional investors own 69.93% of the company’s stock.
More Delta Air Lines News
Here are the key news stories impacting Delta Air Lines this week:
- Positive Sentiment: Delta’s board declared a quarterly cash dividend of $0.1875/share, payable June 4 — a shareholder-friendly signal that management is confident in cash flow and capital allocation. Delta Air Lines Declares Quarterly Dividend
- Positive Sentiment: An analyst note and industry commentary say Delta and United may benefit from competitors cutting capacity in response to higher fuel costs, which can support yields and unit revenues for remaining carriers. Delta and United benefit from competitors cutting capacity amid higher fuel costs – analyst
- Positive Sentiment: Delta CFO Dan Snell was added to the board of Wheels Up, a move that reflects executive demand for Delta leadership and can be read as a credibility boost for Delta’s finance team. Wheels Up adds Delta CFO Snell to board
- Neutral Sentiment: Airline peers show mixed operational resilience — e.g., Southwest reported Q1 results roughly in line with estimates despite higher fuel, indicating the group can partly pass through costs but margins remain pressured. Southwest Airlines Q1 Earnings Meet Estimates, Revenue Beat
- Negative Sentiment: Supply disruption: closure of the Strait of Hormuz and a surge in oil to about $100/bbl have sparked a growing jet-fuel crisis, route cancellations and refunds — direct headwinds for margins and capacity planning. Low-cost airline CEO warns of looming airline bankruptcies
- Negative Sentiment: Multiple reports detail flight cancellations and summer schedule cuts as carriers respond to the oil shock, raising near-term revenue disruption and potential rebooking/refund costs for Delta. Another airline cancels summer flights, refunds available
- Negative Sentiment: Analyst caution: BNP Paribas Exane issued a pessimistic forecast for DAL, adding downside risk from sell-side revisions if fuel and network disruption persist. BNP Paribas Exane Issues Pessimistic Forecast for Delta Air Lines (NYSE:DAL) Stock Price
- Negative Sentiment: Insider activity: a reported significant insider stake reduction by a Delta insider may be interpreted negatively by some investors, though motives vary. This Delta insider just slashed his stake by more than one-fifth (21%)
Wall Street Analysts Forecast Growth
Insider Buying and Selling at Delta Air Lines
In other news, EVP Steven M. Sear sold 38,600 shares of Delta Air Lines stock in a transaction on Monday, February 9th. The shares were sold at an average price of $75.05, for a total transaction of $2,896,930.00. Following the transaction, the executive vice president owned 104,404 shares in the company, valued at $7,835,520.20. This trade represents a 26.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Rahul D. Samant sold 62,528 shares of Delta Air Lines stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $70.18, for a total transaction of $4,388,215.04. Following the transaction, the executive vice president owned 20,939 shares in the company, valued at $1,469,499.02. This represents a 74.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 353,611 shares of company stock worth $25,182,798. Insiders own 0.88% of the company’s stock.
Delta Air Lines Trading Up 0.1%
Shares of Delta Air Lines stock opened at $68.46 on Friday. The company’s fifty day simple moving average is $66.28 and its 200-day simple moving average is $65.68. The stock has a market capitalization of $44.98 billion, a PE ratio of 9.98, a P/E/G ratio of 1.00 and a beta of 1.31. Delta Air Lines, Inc. has a 1-year low of $39.94 and a 1-year high of $76.39. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.42 and a quick ratio of 0.36.
Delta Air Lines (NYSE:DAL – Get Free Report) last issued its quarterly earnings results on Wednesday, April 8th. The transportation company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. The business had revenue of $14.20 billion for the quarter, compared to analysts’ expectations of $14.05 billion. Delta Air Lines had a net margin of 6.87% and a return on equity of 20.28%. The company’s revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.46 EPS. As a group, equities analysts anticipate that Delta Air Lines, Inc. will post 5.3 earnings per share for the current year.
Delta Air Lines Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, May 14th. Delta Air Lines’s dividend payout ratio (DPR) is currently 10.93%.
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.
Further Reading
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