Sequoia Financial Advisors LLC Buys 9,938 Shares of Delta Air Lines, Inc. $DAL

Sequoia Financial Advisors LLC increased its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 22.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,240 shares of the transportation company’s stock after purchasing an additional 9,938 shares during the period. Sequoia Financial Advisors LLC’s holdings in Delta Air Lines were worth $3,606,000 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. Brighton Jones LLC lifted its holdings in shares of Delta Air Lines by 33.5% during the 4th quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock valued at $555,000 after buying an additional 2,302 shares during the period. Acadian Asset Management LLC bought a new stake in shares of Delta Air Lines in the first quarter worth $178,000. Sivia Capital Partners LLC purchased a new stake in Delta Air Lines during the second quarter valued at $555,000. Marshall Wace LLP increased its position in Delta Air Lines by 102.2% during the second quarter. Marshall Wace LLP now owns 7,825 shares of the transportation company’s stock valued at $385,000 after acquiring an additional 357,825 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in Delta Air Lines by 10.6% in the second quarter. Daiwa Securities Group Inc. now owns 58,129 shares of the transportation company’s stock valued at $2,859,000 after acquiring an additional 5,564 shares during the period. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines Stock Performance

NYSE:DAL opened at $86.19 on Tuesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.35 and a current ratio of 0.42. The stock has a 50-day simple moving average of $81.46 and a two-hundred day simple moving average of $72.65. The firm has a market capitalization of $56.63 billion, a PE ratio of 14.29, a P/E/G ratio of 1.11 and a beta of 1.29. Delta Air Lines, Inc. has a 52-week low of $50.44 and a 52-week high of $95.68.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings data on Thursday, July 9th. The transportation company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.49 by $0.07. Delta Air Lines had a return on equity of 17.52% and a net margin of 5.79%.The firm had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.43 billion. During the same quarter last year, the company earned $2.10 earnings per share. The business’s revenue for the quarter was up 18.7% compared to the same quarter last year. Analysts forecast that Delta Air Lines, Inc. will post 6.5 EPS for the current year.

Delta Air Lines Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th will be paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Thursday, July 9th. This is a positive change from Delta Air Lines’s previous quarterly dividend of $0.19. Delta Air Lines’s dividend payout ratio (DPR) is 14.26%.

Trending Headlines about Delta Air Lines

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

• Positive Sentiment: Delta reaffirmed its full-year outlook after reporting stronger-than-expected Q2 results, reinforcing the view that earnings remain resilient despite higher fuel costs. Bank of America kept a Buy rating and said the earnings beat supports Delta’s valuation. Delta Air Lines earnings resilience supports valuation, Bank of America says
• Positive Sentiment: Several analysts raised price targets after the earnings release, citing a better revenue mix, premium demand, and improved outlook for cash flow and margins. JPMorgan reportedly lifted its target to $114 and maintained an overweight view. These Analysts Boost Their Forecasts On Delta Air Following Upbeat Q2 Results
• Positive Sentiment: Commentary around Delta’s premium product, loyalty growth, and durable demand suggests the airline is becoming more resilient and less dependent on basic fares, which investors often view as a higher-quality earnings mix. Delta Air Lines Stock Outlook as Premium Demand Fuels Growth
• Neutral Sentiment: Management emphasized disciplined capacity, stronger pricing, and diversified revenue streams, but also acknowledged record fuel expense and ongoing margin pressure, leaving the near-term setup balanced. DAL Q2 Earnings Call Highlights Durable Demand, Firm Outlook
• Negative Sentiment: Some coverage warns that fuel, labor, and capacity risks could limit upside, while geopolitical tensions and broader airline-sector concerns may create short-term turbulence for DAL shares. Thanks to Escalating Iran Tensions, Delta Air Lines Stock Could Face Turbulence. How to Trade It Here.

Wall Street Analyst Weigh In

DAL has been the topic of several research reports. The Goldman Sachs Group raised their target price on Delta Air Lines from $80.00 to $116.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. HSBC lowered their price objective on shares of Delta Air Lines from $80.20 to $79.30 and set a “buy” rating on the stock in a research note on Thursday, April 9th. BNP Paribas Exane dropped their price objective on shares of Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating on the stock in a report on Tuesday, April 21st. JPMorgan Chase & Co. boosted their target price on shares of Delta Air Lines from $85.00 to $114.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Citigroup upped their target price on shares of Delta Air Lines from $106.00 to $110.00 and gave the company a “buy” rating in a report on Sunday. Twenty-three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Delta Air Lines presently has a consensus rating of “Moderate Buy” and an average target price of $99.38.

Insider Activity at Delta Air Lines

In other Delta Air Lines news, EVP Allison C. Ausband sold 9,710 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $76.00, for a total value of $737,960.00. Following the completion of the transaction, the executive vice president directly owned 138,854 shares in the company, valued at $10,552,904. This represents a 6.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Alain Bellemare sold 25,000 shares of the stock in a transaction 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 directly owned 95,025 shares of the company’s stock, valued at approximately $7,738,836. This trade represents a 20.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 65,331 shares of company stock worth $5,036,638 in the last ninety days. Insiders own 0.80% of the company’s stock.

Delta Air Lines Company 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.