Ritholtz Wealth Management Buys 7,498 Shares of Delta Air Lines, Inc. $DAL

Ritholtz Wealth Management increased its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 39.5% during the first quarter, HoldingsChannel.com reports. The firm owned 26,504 shares of the transportation company’s stock after buying an additional 7,498 shares during the period. Ritholtz Wealth Management’s holdings in Delta Air Lines were worth $1,762,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Accredited Wealth Management LLC lifted its holdings in shares of Delta Air Lines by 1,983.3% in the third quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after buying an additional 476 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in Delta Air Lines during the fourth quarter valued at approximately $31,000. SWAN Capital LLC grew its stake in Delta Air Lines by 1,016.0% during the third quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 508 shares in the last quarter. Camelot Portfolios LLC bought a new stake in Delta Air Lines during the 4th quarter worth approximately $34,000. Finally, Cornerstone Planning Group LLC increased its holdings in Delta Air Lines by 451.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 524 shares of the transportation company’s stock worth $34,000 after acquiring an additional 429 shares during the period. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines News Roundup

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

• Positive Sentiment: Delta’s recent dividend hike and ongoing share buybacks signal financial strength and shareholder-friendly capital allocation. Should Investors Buy Delta Air Lines Stock Post Latest Dividend Hike?
• Positive Sentiment: Evercore raised its price target on Delta Air Lines (DAL) to $105 from $85 and reiterated an outperform rating, suggesting more upside potential. Evercore target raise
• Positive Sentiment: Analysts and market commentary are highlighting improving airline demand, easing oil prices, and a constructive setup ahead of Delta’s upcoming earnings report. What to Expect From Delta Air Lines’ Q2 2026 Earnings Report
• Neutral Sentiment: Delta is featured in multiple stock-watch and analyst roundup pieces, keeping the name in focus but without a clearly new fundamental update. Zacks Market Edge Highlights: Delta Air Lines, Ryder and Wabtec
• Negative Sentiment: Some analysts caution that Delta could miss Q2 earnings expectations or issue softer Q3 guidance, which would pressure the stock if confirmed. Delta Air Lines: Bracing For A Potential Q2 Earnings Miss And Light Q3 Guidance

Analysts Set New Price Targets

Several analysts have issued reports on DAL shares. Argus increased their target price on shares of Delta Air Lines from $85.00 to $100.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Susquehanna reduced their price target on shares of Delta Air Lines from $81.00 to $78.00 and set a “positive” rating for the company in a research report on Thursday, April 9th. BNP Paribas Exane decreased their price target on shares of Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating on the stock in a report on Tuesday, April 21st. Wells Fargo & Company lowered their price objective on Delta Air Lines from $87.00 to $75.00 and set an “overweight” rating on the stock in a research report on Monday, March 16th. Finally, Weiss Ratings lowered Delta Air Lines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $86.26.

Insider Buying and Selling

In other Delta Air Lines news, EVP Allison C. Ausband sold 9,710 shares of Delta Air Lines stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $76.00, for a total transaction of $737,960.00. Following the completion of the sale, the executive vice president owned 138,854 shares of the company’s stock, valued at $10,552,904. The trade was a 6.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John E. Laughter sold 69,304 shares of the company’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $68.15, for a total value of $4,723,067.60. Following the completion of the transaction, the executive vice president owned 69,369 shares of the company’s stock, valued at $4,727,497.35. The trade was a 49.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 149,635 shares of company stock worth $10,833,855. Corporate insiders own 0.80% of the company’s stock.

Delta Air Lines Trading Up 0.7%

Shares of DAL opened at $92.72 on Friday. Delta Air Lines, Inc. has a 1-year low of $48.24 and a 1-year high of $95.14. The company has a market capitalization of $60.91 billion, a P/E ratio of 13.52, a P/E/G ratio of 1.50 and a beta of 1.30. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.42 and a quick ratio of 0.36. The firm’s 50 day simple moving average is $76.72 and its 200 day simple moving average is $71.07.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Wednesday, April 8th. The transportation company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The business had revenue of $14.20 billion during 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 business’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 EPS. Sell-side analysts forecast that Delta Air Lines, Inc. will post 5.36 earnings per share for the current fiscal year.

Delta Air Lines Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 9th will be given a $0.215 dividend. This represents a $0.86 annualized dividend and a yield of 0.9%. This is a boost from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, July 9th. Delta Air Lines’s dividend payout ratio (DPR) is presently 10.93%.

Delta Air Lines 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.