Insider Selling: Delta Air Lines (NYSE:DAL) EVP Sells $1,580,463.60 in Stock

Delta Air Lines, Inc. (NYSE:DAL) EVP Steven Sear sold 17,768 shares of the business’s stock in a transaction on Thursday, November 12th. The stock was sold at an average price of $88.95, for a total transaction of $1,580,463.60. Following the completion of the sale, the executive vice president directly owned 86,636 shares in the company, valued at approximately $7,706,272.20. This represents a 17.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Delta Air Lines Stock Down 0.5%

DAL traded down $0.46 during trading hours on Friday, hitting $86.09. 5,188,441 shares of the company’s stock were exchanged, compared to its average volume of 8,394,009. Delta Air Lines, Inc. has a 1-year low of $55.27 and a 1-year high of $95.68. The stock’s 50-day moving average is $81.78 and its two-hundred day moving average is $77.56. The stock has a market cap of $56.64 billion, a price-to-earnings ratio of 17.18, a PEG ratio of 1.34 and a beta of 1.43. The company has a quick ratio of 0.32, a current ratio of 0.40 and a debt-to-equity ratio of 0.42.

Delta Air Lines (NYSE:DAL) last released its earnings results on Friday, October 9th. The transportation company reported $1.72 earnings per share 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 business had revenue of $17.59 billion during the quarter, compared to the consensus estimate of $17.64 billion. During the same period last year, the business posted $1.71 EPS. The firm’s revenue for the quarter 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. Sell-side analysts predict that Delta Air Lines, Inc. will post 5.33 earnings per share for the current fiscal year.

Delta Air Lines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 5th. Stockholders of record on Thursday, October 15th were paid a dividend of $0.2150 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, October 15th. Delta Air Lines’s dividend payout ratio is currently 17.17%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Sanford C. Bernstein lowered their target price on Delta Air Lines from $106.00 to $100.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 7th. Seaport Research Partners reissued a “buy” rating and set a $100.00 price target on shares of Delta Air Lines in a research report on Monday, October 12th. Argus set a $95.00 price target on Delta Air Lines in a research note on Monday, October 12th. Cantor Fitzgerald set a $101.00 price target on Delta Air Lines in a research report on Friday, October 2nd. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $100.00 price target on shares of Delta Air Lines in a research report on Wednesday, October 7th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Delta Air Lines has a consensus rating of “Moderate Buy” and an average price target of $99.65.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. 71 West Capital Partners increased its stake in shares of 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 period. Parkside Financial Bank & Trust lifted its holdings in Delta Air Lines by 3.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 3,535 shares of the transportation company’s stock worth $331,000 after purchasing an additional 129 shares during the last quarter. Arlington Trust Co LLC boosted its stake in 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 during the period. Guardian Wealth Advisors LLC NC boosted its stake in 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 during the period. Finally, REAP Financial Group LLC boosted its stake in 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 period. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines News Summary

Here’s some of the latest news about DAL:

• Positive Sentiment: Holiday travel demand is holding strong, supporting Delta’s revenue outlook, although the company is also evaluating how AI-powered fare-shopping agents could affect ticket sales and customer-data protection. Delta CEO discusses holiday demand and AI fare-shopping agents
• Neutral Sentiment: CEO Ed Bastian said Delta is taking a long-term approach after passing on SpaceX’s Starlink service; the item highlights a potential connectivity issue but does not identify an immediate financial impact. Delta CEO responds to Starlink criticism
• Negative Sentiment: Renewed oil-price and interest-rate pressure is reviving concerns about airline margins and operating costs. A separate market report also noted bearish options positioning in DAL, adding to cautious sentiment. Higher oil and rate pressure reignite margin concerns Airline stocks drawing unusual options volume

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.