NEOS Investment Management LLC Increases Holdings in Delta Air Lines, Inc. $DAL

NEOS Investment Management LLC raised its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 46.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,171 shares of the transportation company’s stock after purchasing an additional 27,030 shares during the period. NEOS Investment Management LLC’s holdings in Delta Air Lines were worth $4,833,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. AlphaQuest LLC lifted its stake in Delta Air Lines by 90.6% in the third 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. NewSquare Capital LLC raised its holdings in Delta Air Lines by 184.6% in the 2nd quarter. NewSquare Capital LLC now owns 572 shares of the transportation company’s stock worth $28,000 after purchasing an additional 371 shares in the last quarter. Kilter Group LLC bought a new position in Delta Air Lines in the 2nd quarter worth $35,000. First Horizon Corp purchased a new stake in shares of Delta Air Lines in the 3rd quarter worth about $38,000. Finally, Hemington Wealth Management boosted its stake in shares of Delta Air Lines by 37.6% during the 3rd quarter. Hemington Wealth Management now owns 779 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 213 shares in the last quarter. 69.93% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

DAL has been the topic of several research reports. Bank of America boosted their price objective on shares of Delta Air Lines from $74.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. UBS Group reduced their price objective on Delta Air Lines from $90.00 to $87.00 and set a “buy” rating for the company in a research report on Wednesday, January 14th. Wall Street Zen downgraded Delta Air Lines from a “buy” rating to a “hold” rating in a report on Friday, November 28th. Seaport Research Partners raised their price target on Delta Air Lines from $80.00 to $89.00 and gave the company a “buy” rating in a report on Friday, January 9th. Finally, TD Cowen reiterated a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $80.47.

Delta Air Lines Stock Up 0.4%

DAL stock opened at $71.14 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34. Delta Air Lines, Inc. has a 1-year low of $34.74 and a 1-year high of $76.39. The stock has a market capitalization of $46.46 billion, a P/E ratio of 9.27, a P/E/G ratio of 0.68 and a beta of 1.37. The business has a fifty day moving average price of $70.14 and a 200-day moving average price of $63.34.

Delta Air Lines (NYSE:DAL) last issued its earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.02. The business had revenue of $14.61 billion during the quarter, compared to analyst estimates of $15.80 billion. Delta Air Lines had a return on equity of 20.96% and a net margin of 7.90%.Delta Air Lines’s revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.85 EPS. 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. Equities analysts forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Delta Air Lines Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, February 26th will be given a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, February 26th. Delta Air Lines’s payout ratio is 9.78%.

Insider Buying and Selling at Delta Air Lines

In other Delta Air Lines news, EVP Alain Bellemare sold 35,212 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president owned 138,176 shares in the company, valued at approximately $10,390,835.20. This trade represents a 20.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Rahul D. Samant sold 62,528 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 20,939 shares of the company’s stock, valued at approximately $1,469,499.02. The trade was a 74.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 520,550 shares of company stock valued at $37,101,667 in the last quarter. Insiders own 0.88% 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.