Russell Investments Group Ltd. raised its position in Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 19.4% during the third quarter, HoldingsChannel reports. The firm owned 3,156,301 shares of the transportation company’s stock after buying an additional 513,777 shares during the quarter. Russell Investments Group Ltd.’s holdings in Delta Air Lines were worth $263,572,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of DAL. Ariadne Wealth Management LP purchased a new position in Delta Air Lines in the third quarter valued at $273,000. Eurizon Capital SGR S.p.A. raised its stake in Delta Air Lines by 10.0% in the third quarter. Eurizon Capital SGR S.p.A. now owns 26,647 shares of the transportation company’s stock valued at $2,229,000 after buying an additional 2,412 shares in the last quarter. CENTRAL TRUST Co lifted its holdings in Delta Air Lines by 3.6% during the 3rd quarter. CENTRAL TRUST Co now owns 4,864 shares of the transportation company’s stock worth $406,000 after buying an additional 171 shares during the last quarter. Maryland State Retirement & Pension System lifted its holdings in Delta Air Lines by 7.3% during the 3rd quarter. Maryland State Retirement & Pension System now owns 37,883 shares of the transportation company’s stock worth $3,162,000 after buying an additional 2,562 shares during the last quarter. Finally, Ritholtz Wealth Management lifted its holdings in Delta Air Lines by 5.7% during the 3rd quarter. Ritholtz Wealth Management now owns 41,744 shares of the transportation company’s stock worth $3,484,000 after buying an additional 2,263 shares during the last quarter. 69.93% of the stock is owned by hedge funds and other institutional investors.
Key Delta Air Lines News
These are some of the DAL news items that stood out recently:
- Positive Sentiment: DBS maintained its Buy rating on Delta, offering a supportive analyst view, though the report did not provide a new price target. DBS Keeps Their Buy Rating on Delta Air Lines
- Neutral Sentiment: Traders acquired about 159,075 DAL call options—roughly 285% above typical daily volume. This may indicate increased bullish positioning, but unusual activity alone does not establish its direction or significance. 2 Airline Stocks Drawing Unusual Options Volume Today
- Neutral Sentiment: Delta and Virgin Atlantic plan to challenge a proposed Heathrow terminal move. The outcome could affect their airport operations, but no immediate financial impact was reported. Delta Air Lines, Virgin Atlantic to Challenge Heathrow Terminal Move
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Rothschild & Co Redburn increased their price objective on Delta Air Lines from $104.00 to $105.00 and gave the company a “buy” rating in a report on Friday, September 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of Delta Air Lines in a research report on Monday, October 19th. Zacks Research cut Delta Air Lines from a “hold” rating to a “strong sell” rating in a research note on Monday, September 28th. Barclays lowered their price target on Delta Air Lines from $105.00 to $95.00 and set an “overweight” rating for the company in a report on Friday, September 11th. Finally, Argus set a $95.00 price target on shares of Delta Air Lines in a research note on Monday, October 12th. Twenty-two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Delta Air Lines has a consensus rating of “Moderate Buy” and an average target price of $99.65.
View Our Latest Report on Delta Air Lines
Insider Buying and Selling
In related news, EVP Alain Bellemare sold 28,000 shares of the firm’s stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $85.93, for a total transaction of $2,406,040.00. Following the transaction, the executive vice president owned 80,025 shares in the company, valued at $6,876,548.25. This trade represents a 25.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Peter Carter sold 44,950 shares of Delta Air Lines stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $89.29, for a total value of $4,013,585.50. Following the transaction, the president directly owned 379,754 shares in the company, valued at approximately $33,908,234.66. This trade represents a 10.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 122,950 shares of company stock worth $10,519,626 in the last quarter. 0.80% of the stock is owned by insiders.
Delta Air Lines Price Performance
Shares of DAL opened at $86.52 on Friday. Delta Air Lines, Inc. has a 1-year low of $55.27 and a 1-year high of $95.68. The stock has a market cap of $56.92 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 1.34 and a beta of 1.43. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.40 and a quick ratio of 0.32. The firm has a fifty day moving average price of $81.78 and a 200 day moving average price of $77.56.
Delta Air Lines (NYSE:DAL – Get Free Report) last issued its quarterly earnings data on Friday, October 9th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.05). The firm had revenue of $17.59 billion for the quarter, compared to analysts’ expectations of $17.64 billion. Delta Air Lines had a return on equity of 16.83% and a net margin of 4.58%. The business’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.71 EPS. 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. As a group, sell-side analysts anticipate that Delta Air Lines, Inc. will post 5.33 EPS for the current year.
Delta Air Lines Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, November 5th. Investors of record on Thursday, October 15th were given a $0.2150 dividend. The ex-dividend date of this dividend was Thursday, October 15th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. Delta Air Lines’s dividend payout ratio is 17.17%.
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.
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