Csenge Advisory Group boosted its position in Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 224.7% during the third quarter, HoldingsChannel.com reports. The fund owned 8,713 shares of the transportation company’s stock after buying an additional 6,030 shares during the quarter. Csenge Advisory Group’s holdings in Delta Air Lines were worth $727,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. 71 West Capital Partners lifted its stake in Delta Air Lines by 2.3% during the third quarter. 71 West Capital Partners now owns 5,518 shares of the transportation company’s stock worth $461,000 after purchasing an additional 123 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Delta Air Lines by 3.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 3,535 shares of the transportation company’s stock valued at $331,000 after purchasing an additional 129 shares in the last quarter. Arlington Trust Co LLC boosted its holdings in shares of Delta Air Lines by 11.7% in the 2nd quarter. Arlington Trust Co LLC now owns 1,238 shares of the transportation company’s stock valued at $116,000 after purchasing an additional 130 shares in the last quarter. Guardian Wealth Advisors LLC NC boosted its holdings in shares of Delta Air Lines by 3.5% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 3,900 shares of the transportation company’s stock valued at $365,000 after purchasing an additional 131 shares in the last quarter. Finally, REAP Financial Group LLC increased its stake in shares of Delta Air Lines by 6.6% in the 3rd quarter. REAP Financial Group LLC now owns 2,119 shares of the transportation company’s stock valued at $177,000 after purchasing an additional 131 shares during the last quarter. 69.93% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Delta Air Lines
In other Delta Air Lines news, President Peter Carter sold 44,950 shares of the stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $89.29, for a total value of $4,013,585.50. Following the completion of the transaction, the president directly owned 379,754 shares in the company, valued at approximately $33,908,234.66. This trade represents a 10.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Edward Bastian sold 50,000 shares of Delta Air Lines stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $82.00, for a total value of $4,100,000.00. Following the sale, the chief executive officer directly owned 1,313,448 shares in the company, valued at $107,702,736. The trade was a 3.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 122,950 shares of company stock worth $10,519,626. 0.80% of the stock is currently owned by insiders.
Delta Air Lines Stock Down 5.3%
Shares of NYSE:DAL opened at $86.52 on Friday. The company has a fifty day moving average of $81.78 and a 200-day moving average of $77.56. The company has a market capitalization of $56.92 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 1.34 and a beta of 1.43. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.40. Delta Air Lines, Inc. has a 52-week low of $55.27 and a 52-week high of $95.68.
Delta Air Lines (NYSE:DAL – Get Free Report) last announced its quarterly earnings results on Friday, October 9th. The transportation company reported $1.72 EPS for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.05). Delta Air Lines had a net margin of 4.58% and a return on equity of 16.83%. The firm had revenue of $17.59 billion during the quarter, compared to the consensus estimate of $17.64 billion. During the same quarter in the previous year, the company posted $1.71 earnings per share. The firm’s 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, equities analysts predict that Delta Air Lines, Inc. will post 5.33 EPS for the current fiscal year.
Delta Air Lines Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, November 5th. Shareholders of record on Thursday, October 15th were issued a $0.2150 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, October 15th. Delta Air Lines’s dividend payout ratio is presently 17.17%.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on DAL. The Goldman Sachs Group reissued a “buy” rating on shares of Delta Air Lines in a report on Monday, August 3rd. Cantor Fitzgerald set a $101.00 price objective on Delta Air Lines in a research report on Friday, October 2nd. UBS Group reduced their price objective on Delta Air Lines from $105.00 to $102.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. Rothschild & Co Redburn lifted their target price on Delta Air Lines from $104.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, September 18th. Finally, BMO Capital Markets lifted their target price on Delta Air Lines from $100.00 to $105.00 and gave the company an “outperform” rating in a research report on Monday, October 12th. Twenty-two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $99.65.
Get Our Latest Stock Report on DAL
Key Headlines Impacting Delta Air Lines
Investors following DAL have been watching these headlines:
- Neutral Sentiment: Traders acquired about 159,075 DAL call options—roughly 285% above typical daily volume. This may indicate increased bullish positioning, but unusual activity alone does not establish its direction or significance. 2 Airline Stocks Drawing Unusual Options Volume Today
- Negative Sentiment: Higher oil prices and Treasury yields are pressuring airline shares: fuel raises operating costs, while higher rates can increase financing and valuation pressure. Delta previously cited substantial fuel-cost headwinds and guided for elevated fuel prices, leaving margins sensitive to further increases. Delta Air Lines Slides as Higher Oil and Rate Pressure Reignite Margin Concerns
- Negative Sentiment: Reports cited bearish options positioning in DAL and broader airline-sector weakness, adding to near-term selling pressure amid fuel-cost concerns. 2 Airline Stocks Drawing Unusual Options Volume Today
Delta Air Lines Company Profile
Delta Air Lines is a U.S.-based airline that provides passenger and cargo transportation. It serves domestic and international destinations through its own flights and relationships with partner airlines, with major hubs including Atlanta, Detroit, Minneapolis–Saint Paul, New York, and Salt Lake City. The company offers multiple cabin and fare options, including Delta One, First Class, Delta Comfort+ and Main Cabin. Its other businesses and services include Delta Cargo, the SkyMiles loyalty program, and aircraft maintenance and repair services through Delta TechOps.
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