Central Pacific Bank Trust Division Buys 6,280 Shares of Delta Air Lines, Inc. $DAL

Central Pacific Bank Trust Division boosted its stake in Delta Air Lines, Inc. (NYSE:DAL) by 31.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,559 shares of the transportation company’s stock after buying an additional 6,280 shares during the period. Central Pacific Bank Trust Division’s holdings in Delta Air Lines were worth $2,488,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Wellington Management Group LLP lifted its stake in shares of Delta Air Lines by 137.4% in the 4th quarter. Wellington Management Group LLP now owns 13,811,787 shares of the transportation company’s stock valued at $958,538,000 after purchasing an additional 7,994,004 shares during the period. Life Cycle Investment Partners Ltd purchased a new stake in Delta Air Lines in the fourth quarter worth $471,532,000. Bank of New York Mellon Corp grew its stake in Delta Air Lines by 29.2% in the first quarter. Bank of New York Mellon Corp now owns 12,270,241 shares of the transportation company’s stock worth $815,726,000 after purchasing an additional 2,773,945 shares during the period. Pacer Advisors Inc. raised its holdings in Delta Air Lines by 1,579.2% in the fourth quarter. Pacer Advisors Inc. now owns 2,673,400 shares of the transportation company’s stock worth $185,534,000 after purchasing an additional 2,514,193 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in Delta Air Lines by 44.3% in the fourth quarter. AQR Capital Management LLC now owns 6,155,776 shares of the transportation company’s stock worth $426,441,000 after purchasing an additional 1,890,521 shares in the last quarter. 69.93% of the stock is owned by institutional investors.

Delta Air Lines News Roundup

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

• Positive Sentiment: Airline stocks benefited from lower oil prices, which can reduce one of Delta’s largest operating expenses. The move also followed Delta’s latest quarterly update, in which results exceeded guidance, demand remained broad-based and management reaffirmed its full-year adjusted earnings outlook of $6.50–$7.50 per share. Delta Air Lines Gains as Lower Oil Prices Lift Airline Shares
• Positive Sentiment: A recent analysis argues that higher fuel costs could produce unexpectedly positive results for DAL, potentially supporting industry pricing power and benefiting carriers with stronger execution or relative competitive advantages. However, fuel inflation remains a margin risk if airlines cannot fully pass costs to customers. Delta Air Lines: Higher Fuel Costs Might Produce Surprising Gains
• Positive Sentiment: Delta is expanding service for CES 2027, including special nonstop flights from Hong Kong, Shanghai, Taipei and Seoul to Las Vegas. The added capacity could provide incremental premium and international travel revenue while strengthening Delta’s corporate-event network. Delta Air Lines expands CES 2027 service
• Neutral Sentiment: Brokerage coverage continues to lean favorable, with analysts maintaining a “Moderate Buy” consensus and a reported median price target of $105, above recent trading levels. This supports sentiment but is not a new earnings catalyst. Delta Air Lines Given Average Recommendation of Moderate Buy
• Negative Sentiment: Reported insider activity shows executives selling shares, with no open-market purchases during the cited six-month period. Such selling may weigh modestly on sentiment, although transactions can reflect compensation, diversification or scheduled plans rather than a view on Delta’s fundamentals.

Delta Air Lines Trading Up 1.4%

Delta Air Lines stock opened at $92.84 on Wednesday. The company has a current ratio of 0.42, a quick ratio of 0.35 and a debt-to-equity ratio of 0.48. The business’s fifty day simple moving average is $85.87 and its two-hundred day simple moving average is $74.47. Delta Air Lines, Inc. has a 12 month low of $51.52 and a 12 month high of $95.68. The company has a market capitalization of $61.05 billion, a price-to-earnings ratio of 15.40, a price-to-earnings-growth ratio of 1.15 and a beta of 1.31.

Delta Air Lines (NYSE:DAL) last released its earnings results on Thursday, July 9th. The transportation company reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.07. The firm had revenue of $17.67 billion for the quarter, compared to analysts’ expectations of $17.43 billion. Delta Air Lines had a return on equity of 17.52% and a net margin of 5.79%.The company’s quarterly revenue was up 18.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.10 earnings per share. As a group, equities analysts predict that Delta Air Lines, Inc. will post 6.54 earnings per share for the current fiscal year.

Delta Air Lines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th were paid a dividend of $0.215 per share. The ex-dividend date was Thursday, July 9th. This represents a $0.86 dividend on an annualized basis and a yield of 0.9%. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. Delta Air Lines’s dividend payout ratio (DPR) is 14.26%.

Insider Activity

In other news, EVP Alain Bellemare sold 25,000 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the sale, the executive vice president owned 95,025 shares in the company, valued at $7,738,836. This represents a 20.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Allison C. Ausband sold 9,710 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $76.00, for a total transaction of $737,960.00. Following the sale, the executive vice president owned 138,854 shares in the company, valued at approximately $10,552,904. The trade was a 6.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 65,331 shares of company stock valued at $5,036,638 over the last ninety days. Corporate insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Argus set a $105.00 target price on shares of Delta Air Lines in a report on Tuesday, July 14th. Seaport Research Partners increased their price target on shares of Delta Air Lines from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Thursday, April 9th. Jefferies Financial Group lifted their price target on shares of Delta Air Lines from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, July 10th. TD Cowen boosted their price objective on shares of Delta Air Lines from $106.00 to $112.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $106.00 price objective on shares of Delta Air Lines in a research note on Monday, July 13th. Twenty-three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $100.40.

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.