Vestcor Inc Acquires 10,000 Shares of Delta Air Lines, Inc. $DAL

Vestcor Inc grew its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 288.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,468 shares of the transportation company’s stock after buying an additional 10,000 shares during the quarter. Vestcor Inc’s holdings in Delta Air Lines were worth $935,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. BI Asset Management Fondsmaeglerselskab A S raised its position in shares of Delta Air Lines by 219.0% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 606,344 shares of the transportation company’s stock valued at $42,080,000 after purchasing an additional 416,256 shares during the period. Pinebridge Investments LLC purchased a new stake in Delta Air Lines during the 4th quarter worth about $10,959,000. PBU The Pension Fund of Early Childhood & Youth Educators purchased a new stake in Delta Air Lines during the 4th quarter worth about $10,833,000. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in Delta Air Lines by 101.9% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 199,902 shares of the transportation company’s stock worth $13,915,000 after purchasing an additional 100,902 shares in the last quarter. Finally, Vise Technologies Inc. lifted its holdings in Delta Air Lines by 20.0% during the 4th quarter. Vise Technologies Inc. now owns 20,970 shares of the transportation company’s stock worth $1,455,000 after purchasing an additional 3,490 shares in the last quarter. Institutional investors own 69.93% of the company’s stock.

More Delta Air Lines News

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

• Positive Sentiment: Delta announced a new nonstop route from New York’s JFK to Malta, which adds to its international network and supports long-term revenue growth. Article Title
• Neutral Sentiment: Delta’s president said the airline wants to challenge United’s dominance in trans-Pacific flights, signaling ambition and potential growth in a profitable route network. Article Title
• Neutral Sentiment: Insider selling totaled about $65 million over the past year, which may raise some caution about management’s near-term outlook. Article Title
• Negative Sentiment: The airline sector is facing a broad profit warning as IATA cut its 2026 industry outlook, pointing to higher operating costs and weaker profitability. Article Title
• Negative Sentiment: U.S. airline fuel costs surged in April, reinforcing concerns that elevated jet fuel prices will continue to pressure Delta’s margins. Article Title
• Negative Sentiment: Sector-wide selling followed another warning that rising oil prices and fuel shock are likely to hurt airline profits, weighing on Delta alongside peers. Article Title

Insider Transactions at Delta Air Lines

In other news, EVP Allison C. Ausband sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $79.00, for a total value of $395,000.00. Following the completion of the sale, the executive vice president directly owned 133,854 shares in the company, valued at approximately $10,574,466. The trade was a 3.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Alain Bellemare sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the completion of the sale, the executive vice president owned 95,025 shares of the company’s stock, valued at approximately $7,738,836. The trade was a 20.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 149,635 shares of company stock worth $10,833,855. 0.80% of the stock is currently owned by insiders.

Delta Air Lines Trading Down 1.4%

Shares of DAL opened at $78.28 on Tuesday. The firm has a market cap of $51.43 billion, a price-to-earnings ratio of 11.41, a PEG ratio of 1.12 and a beta of 1.30. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.36 and a current ratio of 0.42. Delta Air Lines, Inc. has a fifty-two week low of $45.28 and a fifty-two week high of $83.83. The firm has a 50 day moving average price of $71.81 and a 200-day moving average price of $68.96.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings data on Wednesday, April 8th. The transportation company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.03. The firm had revenue of $14.20 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 EPS. As a group, equities research analysts forecast that Delta Air Lines, Inc. will post 5.37 earnings per share for the current year.

Delta Air Lines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th were issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, May 14th. Delta Air Lines’s payout ratio is presently 10.93%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Jefferies Financial Group increased their price objective on Delta Air Lines from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Bank of America reduced their price objective on shares of Delta Air Lines from $80.00 to $78.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Seaport Research Partners boosted their price objective on shares of Delta Air Lines from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. HSBC reduced their price objective on shares of Delta Air Lines from $80.20 to $79.30 and set a “buy” rating for the company in a research note on Thursday, April 9th. Finally, Raymond James Financial boosted their price objective on shares of Delta Air Lines from $76.00 to $80.00 and gave the company a “strong-buy” rating in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Delta Air Lines has an average rating of “Moderate Buy” and a consensus price target of $80.85.

About Delta Air Lines

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.