Chung Wu Investment Group LLC Acquires 8,020 Shares of Delta Air Lines, Inc. $DAL

Chung Wu Investment Group LLC raised its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 802.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,020 shares of the transportation company’s stock after acquiring an additional 8,020 shares during the quarter. Chung Wu Investment Group LLC’s holdings in Delta Air Lines were worth $626,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. AlphaQuest LLC raised its holdings in Delta Air Lines by 90.6% during the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 211 shares during the period. Accredited Wealth Management LLC raised its holdings in Delta Air Lines by 1,983.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 476 shares during the period. SWAN Capital LLC raised its holdings in Delta Air Lines by 1,016.0% during the 3rd quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 508 shares during the period. Camelot Portfolios LLC bought a new stake in Delta Air Lines during the 4th quarter valued at $34,000. Finally, Cornerstone Planning Group LLC raised its holdings in Delta Air Lines by 451.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 524 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 429 shares during the period. Institutional investors own 69.93% of the company’s stock.

Insider Buying and Selling

In related news, EVP Alain Bellemare sold 35,212 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $75.20, for a total value of $2,647,942.40. Following the completion of the transaction, the executive vice president directly owned 138,176 shares in the company, valued at approximately $10,390,835.20. The trade was a 20.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Steven M. Sear sold 38,600 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $75.05, for a total transaction of $2,896,930.00. Following the completion of the transaction, the executive vice president owned 104,404 shares of the company’s stock, valued at $7,835,520.20. This trade represents a 26.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 353,611 shares of company stock valued at $25,182,798 in the last three months. 0.88% of the stock is owned by corporate insiders.

Key Stories Impacting Delta Air Lines

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

• Positive Sentiment: Delta says it will invest roughly $500M this year in employee wage hikes — a move that should reduce labor unrest and help maintain capacity and service reliability, supporting revenue stability over time. Delta Air Lines Invests $500M in Workers’ Wage Hikes
• Positive Sentiment: Analyst coverage is generally constructive: recent write-ups note Delta has outperformed peers and many analysts remain optimistic about the stock’s medium-term outlook — which can lend support to the share price. Delta Air Lines Stock Outlook: Is Wall Street Bullish or Bearish?
• Neutral Sentiment: Delta is attracting investor attention and screeners (Zacks/MarketBeat coverage), which can increase trading interest but doesn’t on its own change fundamentals. Delta Air Lines, Inc. (DAL) is Attracting Investor Attention
• Negative Sentiment: Insiders sold roughly $60M of DAL stock recently — a potential red flag for sentiment and a short-term headwind as markets sometimes interpret large insider sales as caution. Delta Air Lines Insiders Sell US$60m Of Stock
• Negative Sentiment: Delta is implementing a roughly 4% pay increase for workers amid elevated fuel costs — good for labor relations but raises operating expenses and compresses margins if higher fares or ancillary revenue don’t offset the cost. Delta Hits Workers With 4% Raise As Fuel Costs Pressure Airlines
• Negative Sentiment: Brent crude spiked toward $117/barrel on geopolitical headlines, a direct driver of higher jet-fuel prices and a material margin risk for airlines including Delta. Brent Crude Spikes to $117 on Iran Military Option Reports
• Negative Sentiment: International carriers are already flagging sustained fuel-cost pressure, underscoring industry-wide margin risk if prices remain elevated. This broad cost backdrop is negative for airline profitability. Japan’s ANA, JAL say Middle East war lifts fuel costs

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Citigroup boosted their target price on shares of Delta Air Lines from $77.00 to $79.00 and gave the company a “buy” rating in a report on Thursday, April 9th. The Goldman Sachs Group boosted their target price on shares of Delta Air Lines from $77.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Evercore reissued an “outperform” rating and set a $85.00 target price on shares of Delta Air Lines in a report on Friday, April 17th. Bank of America lowered their target price on shares of Delta Air Lines from $80.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Finally, Raymond James Financial boosted their target price on shares of Delta Air Lines from $76.00 to $80.00 and gave the company a “strong-buy” rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Delta Air Lines currently has an average rating of “Moderate Buy” and an average target price of $79.10.

Delta Air Lines Stock Up 1.6%

DAL opened at $69.07 on Friday. The company has a fifty day moving average price of $66.11 and a 200-day moving average price of $66.01. The firm has a market capitalization of $45.38 billion, a P/E ratio of 10.07, a price-to-earnings-growth ratio of 1.01 and a beta of 1.25. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.42 and a quick ratio of 0.36. Delta Air Lines, Inc. has a one year low of $42.94 and a one year high of $76.39.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Wednesday, April 8th. The transportation company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. Delta Air Lines had a net margin of 6.87% and a return on equity of 20.28%. The firm had revenue of $14.20 billion during the quarter, compared to analyst estimates of $14.05 billion. During the same period in the previous year, the business earned $0.46 EPS. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. Equities research analysts expect that Delta Air Lines, Inc. will post 5.3 earnings per share for the current fiscal year.

Delta Air Lines Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be given a $0.1875 dividend. The ex-dividend date is Thursday, May 14th. This represents a $0.75 annualized dividend and a yield of 1.1%. Delta Air Lines’s payout ratio is 10.93%.

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.