Delta Air Lines, Inc. $DAL Stock: U S Global Investors Inc. Increases Holdings

U S Global Investors Inc. grew its position in Delta Air Lines, Inc. (NYSE:DAL) by 2.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,099,975 shares of the transportation company’s stock after purchasing an additional 24,962 shares during the period. Delta Air Lines accounts for about 9.1% of U S Global Investors Inc.’s portfolio, making the stock its 2nd biggest position. U S Global Investors Inc.’s holdings in Delta Air Lines were worth $91,804,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in DAL. Brookstone Capital Management boosted its position in shares of Delta Air Lines by 1.8% in the 3rd quarter. Brookstone Capital Management now owns 14,749 shares of the transportation company’s stock worth $1,231,000 after purchasing an additional 263 shares in the last quarter. Root Financial Partners LLC grew its stake in Delta Air Lines by 4.4% during the 3rd quarter. Root Financial Partners LLC now owns 5,013 shares of the transportation company’s stock worth $418,000 after buying an additional 211 shares during the last quarter. SBI Securities Co. Ltd. grew its stake in Delta Air Lines by 8.1% during the 3rd quarter. SBI Securities Co. Ltd. now owns 15,892 shares of the transportation company’s stock worth $1,326,000 after buying an additional 1,196 shares during the last quarter. Woodward Diversified Capital LLC grew its stake in Delta Air Lines by 4.2% during the 3rd quarter. Woodward Diversified Capital LLC now owns 9,629 shares of the transportation company’s stock worth $804,000 after buying an additional 384 shares during the last quarter. Finally, Wealth Management Partners LLC increased its position in Delta Air Lines by 8.7% during the 3rd quarter. Wealth Management Partners LLC now owns 10,951 shares of the transportation company’s stock valued at $914,000 after buying an additional 880 shares in the last quarter. 69.93% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Delta Air Lines

In other news, Director Michael Huerta sold 3,100 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $94.11, for a total value of $291,741.00. Following the transaction, the director directly owned 32,525 shares of the company’s stock, valued at approximately $3,060,927.75. This represents a 8.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Edward Bastian sold 206,510 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $92.80, for a total value of $19,164,128.00. Following the completion of the transaction, the chief executive officer directly owned 1,363,448 shares in the company, valued at $126,527,974.40. This represents a 13.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 356,726 shares of company stock worth $33,081,037. 0.80% of the stock is owned by corporate insiders.

Delta Air Lines Trading Up 1.9%

NYSE:DAL opened at $79.12 on Friday. The company has a market capitalization of $52.06 billion, a P/E ratio of 15.79, a PEG ratio of 1.39 and a beta of 1.34. The company has a current ratio of 0.40, a quick ratio of 0.32 and a debt-to-equity ratio of 0.42. Delta Air Lines, Inc. has a 12 month low of $55.03 and a 12 month high of $95.68. The firm has a fifty day simple moving average of $81.03 and a 200-day simple moving average of $80.65.

Delta Air Lines (NYSE:DAL) last released its earnings results 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 during the quarter, compared to analyst estimates of $17.64 billion. Delta Air Lines had a net margin of 4.58% and a return on equity of 16.83%. Delta Air Lines’s revenue was up 21.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.71 earnings per share. 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. On average, equities research analysts anticipate that Delta Air Lines, Inc. will post 5.32 earnings per share for the current year.

Delta Air Lines Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.2150 per share. This represents a $0.86 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, October 15th. Delta Air Lines’s payout ratio is presently 17.17%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on DAL shares. Rothschild & Co Redburn increased their price target on Delta Air Lines from $104.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, September 18th. Raymond James Financial reissued an “outperform” rating and issued a $100.00 price target on shares of Delta Air Lines in a report on Wednesday, October 7th. Citigroup boosted their price target on Delta Air Lines from $106.00 to $110.00 and gave the stock a “buy” rating in a research note on Sunday, July 12th. Jefferies Financial Group upped their price objective on shares of Delta Air Lines from $105.00 to $110.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, Benchmark reaffirmed a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, July 8th. Twenty-two 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. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $99.65.

Delta Air Lines Company Profile

Delta Air Lines, Inc is a major U.S. airline headquartered in Atlanta, Georgia. The company provides scheduled passenger air transportation to destinations across the United States and international markets, including Europe, Latin America, Asia, Canada, Africa and the Caribbean. Delta operates through a network of hubs and focus cities, offering service under the Delta brand and through regional partners operating as Delta Connection.

In addition to passenger flights, Delta provides air cargo transportation and related logistics services.