Valley Wealth Managers Inc. purchased a new position in shares of Delta Air Lines, Inc. (NYSE:DAL – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 371,257 shares of the transportation company’s stock, valued at approximately $21,069,000. Valley Wealth Managers Inc. owned about 0.06% of Delta Air Lines as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Delta Air Lines by 33.5% in the fourth quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock valued at $555,000 after acquiring an additional 2,302 shares in the last quarter. Acadian Asset Management LLC purchased a new position in Delta Air Lines in the 1st quarter valued at $178,000. Sivia Capital Partners LLC acquired a new stake in Delta Air Lines during the 2nd quarter worth $555,000. GC Wealth Management RIA LLC purchased a new stake in shares of Delta Air Lines during the second quarter worth $278,000. Finally, Janney Montgomery Scott LLC grew its holdings in shares of Delta Air Lines by 37.0% during the second quarter. Janney Montgomery Scott LLC now owns 221,156 shares of the transportation company’s stock worth $10,876,000 after buying an additional 59,761 shares in the last quarter. 69.93% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on DAL shares. Wolfe Research raised their price target on shares of Delta Air Lines from $70.00 to $83.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 14th. Bank of America increased their price target on Delta Air Lines from $74.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Sanford C. Bernstein reissued an “outperform” rating and set a $81.00 price objective on shares of Delta Air Lines in a research note on Wednesday, January 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Delta Air Lines in a research note on Wednesday, January 21st. Finally, Evercore ISI raised their price objective on shares of Delta Air Lines from $75.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $80.47.
Delta Air Lines Price Performance
Shares of DAL opened at $66.55 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34. The stock has a market cap of $43.46 billion, a PE ratio of 8.68, a P/E/G ratio of 0.63 and a beta of 1.38. The firm has a 50-day simple moving average of $68.51 and a two-hundred day simple moving average of $61.76. Delta Air Lines, Inc. has a 1-year low of $34.74 and a 1-year high of $73.16.
Delta Air Lines (NYSE:DAL – Get Free Report) last posted its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.02. The firm had revenue of $14.61 billion for the quarter, compared to the consensus estimate of $15.80 billion. Delta Air Lines had a return on equity of 20.99% and a net margin of 7.90%.The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business 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. As a group, analysts forecast that Delta Air Lines, Inc. will post 7.63 EPS for the current year.
Insider Activity at Delta Air Lines
In other Delta Air Lines news, EVP Erik Storey Snell sold 39,420 shares of the stock in a transaction dated 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 owned 35,625 shares of the company’s stock, valued at $2,530,087.50. This trade represents a 52.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Edward H. Bastian sold 173,230 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $71.00, for a total value of $12,299,330.00. Following the transaction, the chief executive officer directly owned 632,823 shares of the company’s stock, valued at approximately $44,930,433. This represents a 21.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 351,243 shares of company stock worth $24,742,087 over the last 90 days. 0.88% of the stock is currently owned by corporate insiders.
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.
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