GK Wealth Management LLC Purchases New Shares in Delta Air Lines, Inc. $DAL

GK Wealth Management LLC purchased a new position in Delta Air Lines, Inc. (NYSE:DAL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,543 shares of the transportation company’s stock, valued at approximately $613,000.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Delta Air Lines by 33.5% during the 4th quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock valued at $555,000 after buying an additional 2,302 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of Delta Air Lines in the 1st quarter worth about $178,000. Sivia Capital Partners LLC bought a new position in shares of Delta Air Lines in the 2nd quarter worth about $555,000. Marshall Wace LLP lifted its position in Delta Air Lines by 102.2% during the 2nd quarter. Marshall Wace LLP now owns 7,825 shares of the transportation company’s stock valued at $385,000 after acquiring an additional 357,825 shares during the period. Finally, Daiwa Securities Group Inc. lifted its position in Delta Air Lines by 10.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 58,129 shares of the transportation company’s stock valued at $2,859,000 after acquiring an additional 5,564 shares during the period. Institutional investors own 69.93% of the company’s stock.

Insider Activity at Delta Air Lines

In other Delta Air Lines news, EVP Alain Bellemare sold 25,000 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the sale, the executive vice president directly owned 95,025 shares in the company, valued at approximately $7,738,836. This trade represents a 20.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Allison C. Ausband sold 5,000 shares of Delta Air Lines stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $79.00, for a total value of $395,000.00. Following the completion of the sale, the executive vice president directly owned 133,854 shares of the company’s stock, valued at approximately $10,574,466. The trade was a 3.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 65,331 shares of company stock valued at $5,036,638 in the last three months. 0.80% of the stock is owned by insiders.

Key Stories Impacting Delta Air Lines

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

• Positive Sentiment: Airline stocks benefited from lower oil prices, which can reduce one of Delta’s largest operating expenses. The move also followed Delta’s latest quarterly update, in which results exceeded guidance, demand remained broad-based and management reaffirmed its full-year adjusted earnings outlook of $6.50–$7.50 per share. Delta Air Lines Gains as Lower Oil Prices Lift Airline Shares
• Positive Sentiment: A recent analysis argues that higher fuel costs could produce unexpectedly positive results for DAL, potentially supporting industry pricing power and benefiting carriers with stronger execution or relative competitive advantages. However, fuel inflation remains a margin risk if airlines cannot fully pass costs to customers. Delta Air Lines: Higher Fuel Costs Might Produce Surprising Gains
• Positive Sentiment: Delta is expanding service for CES 2027, including special nonstop flights from Hong Kong, Shanghai, Taipei and Seoul to Las Vegas. The added capacity could provide incremental premium and international travel revenue while strengthening Delta’s corporate-event network. Delta Air Lines expands CES 2027 service
• Neutral Sentiment: Brokerage coverage continues to lean favorable, with analysts maintaining a “Moderate Buy” consensus and a reported median price target of $105, above recent trading levels. This supports sentiment but is not a new earnings catalyst. Delta Air Lines Given Average Recommendation of Moderate Buy
• Negative Sentiment: Reported insider activity shows executives selling shares, with no open-market purchases during the cited six-month period. Such selling may weigh modestly on sentiment, although transactions can reflect compensation, diversification or scheduled plans rather than a view on Delta’s fundamentals.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DAL. Argus set a $105.00 price objective on shares of Delta Air Lines in a report on Tuesday, July 14th. Jefferies Financial Group lifted their target price on shares of Delta Air Lines from $105.00 to $110.00 and gave the company a “buy” rating in a report on Friday, July 10th. The Goldman Sachs Group reissued a “buy” rating on shares of Delta Air Lines in a research report on Monday. Sanford C. Bernstein restated an “outperform” rating and issued a $106.00 price target on shares of Delta Air Lines in a research note on Monday, July 13th. Finally, Weiss Ratings raised Delta Air Lines from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 21st. Twenty-three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $100.40.

Delta Air Lines Stock Performance

Shares of Delta Air Lines stock opened at $92.84 on Wednesday. Delta Air Lines, Inc. has a 1 year low of $51.52 and a 1 year high of $95.68. The firm’s 50-day moving average is $85.87 and its 200 day moving average is $74.47. The stock has a market cap of $61.05 billion, a price-to-earnings ratio of 15.40, a PEG ratio of 1.15 and a beta of 1.31. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.42 and a quick ratio of 0.35.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings data on Thursday, July 9th. The transportation company reported $1.56 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.07. The business had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.43 billion. Delta Air Lines had a net margin of 5.79% and a return on equity of 17.52%. Delta Air Lines’s revenue was up 18.7% compared to the same quarter last year. During the same period last year, the business earned $2.10 EPS. Sell-side analysts anticipate that Delta Air Lines, Inc. will post 6.54 EPS for the current fiscal year.

Delta Air Lines Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Thursday, July 9th were given a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 0.9%. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, July 9th. Delta Air Lines’s payout ratio is 14.26%.

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.