Brevan Howard Capital Management LP boosted its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 1,986.3% in the 3rd quarter, Holdings Channel reports. The firm owned 116,919 shares of the transportation company’s stock after buying an additional 111,315 shares during the period. Brevan Howard Capital Management LP’s holdings in Delta Air Lines were worth $6,635,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Brighton Jones LLC raised 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 worth $555,000 after buying an additional 2,302 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Delta Air Lines in the first quarter valued at about $178,000. Sivia Capital Partners LLC bought a new position in Delta Air Lines in the second quarter valued at about $555,000. KBC Group NV grew its position in Delta Air Lines by 335.3% in the second quarter. KBC Group NV now owns 95,616 shares of the transportation company’s stock valued at $4,702,000 after acquiring an additional 73,650 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in 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 acquiring an additional 4,375 shares in the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.
Insider Buying and Selling
In related news, EVP Erik Storey Snell sold 39,420 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $71.02, for a total value of $2,799,608.40. Following the sale, the executive vice president directly owned 35,625 shares in the company, valued at $2,530,087.50. This represents a 52.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Rahul D. Samant sold 62,528 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $70.18, for a total transaction of $4,388,215.04. Following the sale, the executive vice president directly owned 20,939 shares of the company’s stock, valued at $1,469,499.02. This represents a 74.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 620,550 shares of company stock valued at $44,127,667 over the last 90 days. 0.88% of the stock is currently owned by corporate insiders.
Key Stories Impacting Delta Air Lines
- Positive Sentiment: Jefferies cut its price target to $72 but retained a Buy rating, signaling continued analyst conviction in Delta’s longer‑term recovery and implying upside from current levels. Delta Air Lines (NYSE:DAL) Given New $72.00 Price Target at Jefferies Financial Group
- Positive Sentiment: Citi put Delta on a 30‑day “positive catalyst watch,” highlighting potential near‑term bullish catalysts (refinery edge, trans‑Atlantic demand) that could support the stock. Citi Research puts Delta and SkyWest on 30‑day positive catalyst watch
- Positive Sentiment: Industry reporting notes that credit‑card partnerships and upfront cash from co‑branded cards are reshaping airline loyalty economics and improving non‑fare profit streams — a tailwind for Delta’s margins and cash flow. Credit‑card cash reshapes US airline loyalty — and profit
- Neutral Sentiment: Rothschild & Co Redburn trimmed its price target to $70 but kept a Buy rating, reflecting mixed views: confidence in Delta’s fundamentals but recognition of near‑term capacity and margin pressure. Rothschild & Co Redburn Lowers Delta Air Lines, Inc. (DAL) Price Target to $70
- Neutral Sentiment: Recent coverage weighing valuation: some outlets argue the pullback makes DAL attractive versus historic ranges, while others flag the stock’s YTD weakness — a reminder that consensus upside still coexists with risk. Is Delta Air Lines Stock Underperforming the Nasdaq?
- Negative Sentiment: Delta extended a pause on New York–Tel Aviv flights through month‑end amid regional volatility, reducing international capacity and near‑term revenue on that route. Delta extends pause on New York‑Tel Aviv flights through month‑end
- Negative Sentiment: Oil has surged toward $100/barrel, prompting sectorwide downdrafts as fuel costs and perceived travel risk rise — a primary immediate headwind for airline margins and stock performance. Airline Stocks Were Pricing 2026 Like A Runway—Oil Just Made It A Cliff Edge
- Negative Sentiment: TD Cowen downgraded Delta to a “Hold,” adding to mixed sell‑side signals and increasing short‑term sentiment pressure. Delta Air Lines (NYSE:DAL) Cut to “Hold” at TD Cowen
Analysts Set New Price Targets
A number of research firms have recently commented on DAL. Susquehanna increased their target price on shares of Delta Air Lines from $70.00 to $85.00 and gave the stock a “positive” rating in a report on Friday, January 9th. Wolfe Research lifted their price target on shares of Delta Air Lines from $70.00 to $83.00 and gave the company an “outperform” rating in a report on Wednesday, January 14th. UBS Group lowered their price objective on shares of 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. BNP Paribas Exane increased their price objective on shares of Delta Air Lines from $70.00 to $85.00 and gave the company an “outperform” rating in a research note on Monday, December 8th. Finally, Wall Street Zen cut shares of Delta Air Lines from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Delta Air Lines presently has a consensus rating of “Moderate Buy” and a consensus price target of $79.43.
Read Our Latest Stock Report on DAL
Delta Air Lines Stock Performance
Shares of Delta Air Lines stock opened at $58.79 on Friday. The stock has a market cap of $38.39 billion, a price-to-earnings ratio of 7.66, a P/E/G ratio of 0.59 and a beta of 1.34. Delta Air Lines, Inc. has a twelve month low of $34.74 and a twelve month high of $76.39. The company’s fifty day moving average is $67.96 and its 200 day moving average is $64.09. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60.
Delta Air Lines (NYSE:DAL – Get Free Report) last announced its earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the company 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. Sell-side analysts forecast that Delta Air Lines, Inc. will post 7.63 EPS for the current year.
Delta Air Lines Dividend Announcement
The business also recently disclosed 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 1.3%. The ex-dividend date is Thursday, February 26th. Delta Air Lines’s dividend payout ratio (DPR) is 9.78%.
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.
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