13,067 Delta Air Lines, Inc. $DAL Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. trimmed its position in Delta Air Lines, Inc. (NYSE:DAL) by 4.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 263,386 shares of the transportation company’s stock after selling 13,067 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Delta Air Lines were worth $21,982,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DAL. Sowell Financial Services LLC increased its position in shares of Delta Air Lines by 2.4% in the third quarter. Sowell Financial Services LLC now owns 32,544 shares of the transportation company’s stock valued at $2,716,000 after acquiring an additional 778 shares during the period. Diversify Advisory Services LLC raised its stake in shares of Delta Air Lines by 11.8% during the third quarter. Diversify Advisory Services LLC now owns 5,695 shares of the transportation company’s stock valued at $445,000 after acquiring an additional 603 shares during the last quarter. Revisor Wealth Management LLC bought a new position in shares of Delta Air Lines during the third quarter valued at about $279,000. 55 North Private Wealth LLC boosted its holdings in shares of Delta Air Lines by 10.9% during the third quarter. 55 North Private Wealth LLC now owns 3,582 shares of the transportation company’s stock worth $299,000 after purchasing an additional 352 shares during the period. Finally, Prime Capital Investment Advisors LLC boosted its holdings in shares of Delta Air Lines by 0.9% during the third quarter. Prime Capital Investment Advisors LLC now owns 20,118 shares of the transportation company’s stock worth $1,679,000 after purchasing an additional 186 shares during the period. 69.93% of the stock is currently owned by institutional investors.

Insider Activity at Delta Air Lines

In related news, CEO Edward Bastian sold 206,510 shares of the business’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 owned 1,363,448 shares in the company, valued at $126,527,974.40. The trade was a 13.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Steven Sear sold 40,460 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $93.55, for a total transaction of $3,785,033.00. Following the completion of the transaction, the executive vice president directly owned 104,404 shares of the company’s stock, valued at approximately $9,766,994.20. The trade was a 27.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 356,726 shares of company stock valued at $33,081,037 over the last three months. Corporate insiders own 0.80% of the company’s stock.

Key Stories Impacting Delta Air Lines

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

• Positive Sentiment: Strong airline-sector outlook: United Airlines’ forecast for record revenue helped lift the broader airline group, including Delta. The outlook suggests resilient travel demand may offset some pressure from elevated fuel expenses. United Airlines revenue forecast article
• Positive Sentiment: Fuel-cost relief supported sentiment: A pullback in crude oil prices improved the near-term margin outlook for airlines. Delta previously indicated that fuel was the primary reason it reduced full-year earnings expectations, making any further energy-market relief potentially beneficial. Why Delta Air Lines stock is up today
• Positive Sentiment: Potential fleet and valuation catalysts: Boeing’s certification of the 737 MAX 10 removes a delivery bottleneck affecting some of Delta’s aircraft orders and could support fleet modernization over time. Analysts tracked in the coverage have a median price target of $105, well above the recent share price near $78. Boeing 737 MAX 10 approval article
• Neutral Sentiment: Demand remains constructive but guidance was reset: Delta expects fourth-quarter revenue growth of roughly 20%, although its latest quarterly EPS and revenue slightly missed estimates and full-year earnings guidance was reduced because of fuel costs.
• Negative Sentiment: Fuel and insider-selling risks persist: Higher fuel prices could continue to compress margins, while the cited insider-trading data showed six open-market sales and no purchases during the past six months. These factors may limit the stock’s upside if airline cost pressures intensify. Delta insider trading data

Delta Air Lines Stock Performance

NYSE:DAL opened at $77.71 on Thursday. The company has a quick ratio of 0.32, a current ratio of 0.40 and a debt-to-equity ratio of 0.42. The firm’s fifty day simple moving average is $81.28 and its 200 day simple moving average is $80.57. The stock has a market cap of $51.12 billion, a P/E ratio of 15.51, a price-to-earnings-growth ratio of 1.37 and a beta of 1.34. Delta Air Lines, Inc. has a twelve month low of $55.03 and a twelve month high of $95.68.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data on Friday, October 9th. The transportation company reported $1.72 EPS 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 during the quarter, compared to the consensus estimate of $17.64 billion. During the same quarter last year, the company posted $1.71 earnings per share. The firm’s revenue for the quarter was up 21.1% compared to the same quarter last year. 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. As a group, research analysts predict that Delta Air Lines, Inc. will post 5.32 EPS for the current year.

Delta Air Lines Dividend Announcement

The business also recently declared 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 dividend yield of 1.1%. Delta Air Lines’s payout ratio is currently 17.17%.

Analysts Set New Price Targets

DAL has been the topic of several recent analyst reports. Citigroup raised their target price on Delta Air Lines from $106.00 to $110.00 and gave the stock a “buy” rating in a research note on Sunday, July 12th. Weiss Ratings restated a “hold (c+)” rating on shares of Delta Air Lines in a report on Monday. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Delta Air Lines in a research report on Monday, August 3rd. Bank of America upped their price target on Delta Air Lines from $93.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Finally, Rothschild & Co Redburn increased their price objective on Delta Air Lines from $104.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, September 18th. Twenty-two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.65.

Delta Air Lines Profile

Delta Air Lines, Inc is a major U.S. airline headquartered in Atlanta, Georgia. The company provides scheduled passenger air transportation to destinations across the United States and international markets, including Europe, Latin America, Asia, Canada, Africa and the Caribbean. Delta operates through a network of hubs and focus cities, offering service under the Delta brand and through regional partners operating as Delta Connection.

In addition to passenger flights, Delta provides air cargo transportation and related logistics services.