Delta Air Lines, Inc. $DAL Stock: Curated Wealth Partners LLC Trims Holdings

Curated Wealth Partners LLC decreased its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 94.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,627 shares of the transportation company’s stock after selling 237,441 shares during the quarter. Curated Wealth Partners LLC’s holdings in Delta Air Lines were worth $1,239,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Markowski Investments purchased a new position in Delta Air Lines in the 2nd quarter valued at approximately $27,000. Timbuktu Capital Management LLC purchased a new stake in Delta Air Lines during the second quarter worth $31,000. Elevation Wealth Partners LLC boosted its position in Delta Air Lines by 195.9% during the second quarter. Elevation Wealth Partners LLC now owns 358 shares of the transportation company’s stock worth $34,000 after purchasing an additional 237 shares in the last quarter. Atlas Wealth LLC purchased a new stake in Delta Air Lines during the first quarter worth $35,000. Finally, Main Street Group LTD acquired a new stake in Delta Air Lines in the first quarter valued at $36,000. Institutional investors and hedge funds own 69.93% of the company’s stock.

Insider Activity

In other Delta Air Lines news, President Peter Carter sold 39,900 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $92.98, for a total value of $3,709,902.00. Following the sale, the president directly owned 424,704 shares of the company’s stock, valued at approximately $39,488,977.92. This trade represents a 8.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Edward Bastian sold 206,510 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $92.80, for a total transaction of $19,164,128.00. Following the transaction, the chief executive officer directly owned 1,363,448 shares of the company’s stock, valued at approximately $126,527,974.40. This represents a 13.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 356,726 shares of company stock valued at $33,081,037 in the last three months. Company insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Wells Fargo & Company dropped their price target on Delta Air Lines from $105.00 to $100.00 and set an “overweight” rating for the company in a research report on Tuesday, October 6th. Bank of America lifted their price target on Delta Air Lines from $93.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. Sanford C. Bernstein decreased their price objective on shares of Delta Air Lines from $106.00 to $100.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 7th. Jefferies Financial Group increased their price objective on shares of Delta Air Lines from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Finally, Weiss Ratings upgraded shares of Delta Air Lines from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, July 21st. Twenty-two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.65.

Delta Air Lines Price Performance

DAL stock traded up $0.04 on Thursday, reaching $76.69. The company had a trading volume of 2,581,458 shares, compared to its average volume of 8,570,778. Delta Air Lines, Inc. has a 1 year low of $55.03 and a 1 year high of $95.68. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.40. The company’s fifty day moving average is $82.68 and its 200 day moving average is $80.19. The company has a market cap of $50.46 billion, a P/E ratio of 15.29, a PEG ratio of 1.42 and a beta of 1.34.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Friday, October 9th. The transportation company reported $1.72 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.05). Delta Air Lines had a return on equity of 16.83% and a net margin of 4.58%. The company had revenue of $17.59 billion for the quarter, compared to analysts’ expectations of $17.64 billion. During the same period in the previous year, the business posted $1.71 EPS. The business’s quarterly revenue was up 21.1% on a year-over-year basis. Delta Air Lines has set its Q4 2026 guidance at 1.150-1.650 EPS and its FY 2026 guidance at 5.100-5.600 EPS. On average, research analysts forecast that Delta Air Lines, Inc. will post 5.34 earnings per share for the current year.

Delta Air Lines Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 5th. Investors of record on Thursday, October 15th will be given a dividend of $0.2150 per share. The ex-dividend date is Thursday, October 15th. This represents a $0.86 annualized dividend and a yield of 1.1%. Delta Air Lines’s dividend payout ratio is 17.17%.

Delta Air Lines Profile

Delta Air Lines, Inc is a major U.S. airline that provides scheduled passenger and air freight transportation. The company serves destinations throughout the United States and connects customers to international markets across Europe, Asia, Latin America, Canada, Africa and the Caribbean through its own operations and regional airline partners.

Delta offers multiple classes of passenger service, including premium cabins and its main cabin, along with travel-related products such as vacation packages and loyalty benefits through the SkyMiles program.