Eurizon Capital SGR S.p.A. Makes New Investment in Delta Air Lines, Inc. $DAL

Eurizon Capital SGR S.p.A. bought a new position in shares of Delta Air Lines, Inc. (NYSE:DAL) in the fourth quarter, Holdings Channel.com reports. The fund bought 24,492 shares of the transportation company’s stock, valued at approximately $1,699,000.

Other large investors have also modified their holdings of the company. AlphaQuest LLC grew its holdings in shares of Delta Air Lines by 90.6% during the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after buying an additional 211 shares in the last quarter. Accredited Wealth Management LLC grew its holdings in shares of Delta Air Lines by 1,983.3% during the third quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after buying an additional 476 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new stake in shares of Delta Air Lines during the fourth quarter worth $31,000. SWAN Capital LLC grew its holdings in shares of Delta Air Lines by 1,016.0% during the third quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock worth $32,000 after buying an additional 508 shares in the last quarter. Finally, Camelot Portfolios LLC purchased a new stake in shares of Delta Air Lines during the fourth quarter worth $34,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DAL. Bank of America dropped their target price on shares of Delta Air Lines from $80.00 to $78.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Zacks Research raised shares of Delta Air Lines from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. Rothschild & Co Redburn dropped their target price on shares of Delta Air Lines from $72.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Jefferies Financial Group upped their target price on shares of Delta Air Lines from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Finally, Morgan Stanley upped their target price on shares of Delta Air Lines from $90.00 to $105.00 and gave the stock an “overweight” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Delta Air Lines has an average rating of “Moderate Buy” and an average target price of $80.85.

Insiders Place Their Bets

In other Delta Air Lines news, EVP Allison C. Ausband sold 9,710 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $76.00, for a total transaction of $737,960.00. Following the completion of the transaction, the executive vice president owned 138,854 shares of the company’s stock, valued at $10,552,904. This trade represents a 6.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Alain Bellemare sold 25,000 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the sale, the executive vice president directly owned 95,025 shares in the company, valued at $7,738,836. This represents a 20.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 149,635 shares of company stock valued at $10,833,855 over the last 90 days. 0.80% of the stock is owned by company insiders.

Delta Air Lines Trading Down 1.8%

Shares of DAL stock opened at $79.98 on Wednesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.42 and a quick ratio of 0.36. The firm has a market cap of $52.54 billion, a PE ratio of 11.66, a price-to-earnings-growth ratio of 1.15 and a beta of 1.30. The company has a 50-day moving average of $70.48 and a two-hundred day moving average of $68.22. Delta Air Lines, Inc. has a 1-year low of $45.28 and a 1-year high of $83.83.

Delta Air Lines (NYSE:DAL) last announced its earnings results on Wednesday, April 8th. The transportation company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. The company had revenue of $14.20 billion during the quarter, compared to analyst estimates of $14.05 billion. Delta Air Lines had a net margin of 6.87% and a return on equity of 20.28%. Delta Air Lines’s revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 earnings per share. On average, analysts predict that Delta Air Lines, Inc. will post 5.37 EPS for the current year.

Delta Air Lines Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be paid a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, May 14th. Delta Air Lines’s dividend payout ratio (DPR) is 10.93%.

More Delta Air Lines News

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

• Positive Sentiment: Morgan Stanley raised its price target on Delta Air Lines to $105 from $90 and kept an overweight rating, signaling confidence in further upside for DAL. Article Link
• Positive Sentiment: Recent analysis noted that Delta’s stock has been building momentum over the last week, month, and quarter, suggesting investors are rewarding the airline’s improving business outlook. Article Link
• Positive Sentiment: Coverage of Delta’s earnings call highlighted the company’s people-first culture and continued operational strength, reinforcing the view that management execution and brand strength support the stock. Article Link
• Neutral Sentiment: A comparison piece pitted Delta against United Airlines, focusing on premium partnerships, global reach, margins, and risk management, but did not point to a fresh fundamental shift for DAL. Article Link
• Neutral Sentiment: Several articles focused on Delta’s recent share-price weakness during a broader market uptick, but the move appeared more like short-term trading volatility than a company-specific setback. Article Link
• Negative Sentiment: Broader market coverage noted Delta’s stock fell in the latest session despite an uptick elsewhere, which may weigh on near-term sentiment if investors continue rotating out of airlines. Article Link

About Delta Air Lines

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.