Anchyra Partners LLC Acquires Shares of 17,324 Delta Air Lines, Inc. $DAL

Key Points

• Anchyra Partners LLC acquired a new stake of 17,324 shares in Delta Air Lines (NYSE:DAL) in Q4, valued at about $1.20 million.
• Delta's board declared a quarterly cash dividend of $0.1875 per share (annualized $0.75, ~1.1% yield), payable June 4, signaling confidence in cash flow and capital allocation.
• Insiders sold a combined 353,611 shares (~$25.18 million) over the last quarter — including notable sales by EVP Alain Bellemare and CEO Edward H. Bastian — leaving insiders with roughly 0.96% ownership.

Anchyra Partners LLC acquired a new stake in shares of Delta Air Lines, Inc. (NYSE:DAL - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,324 shares of the transportation company's stock, valued at approximately $1,202,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. First Financial Bank Trust Division increased its holdings in Delta Air Lines by 3.3% during the 4th quarter. First Financial Bank Trust Division now owns 4,721 shares of the transportation company's stock valued at $328,000 after purchasing an additional 150 shares during the period. JFS Wealth Advisors LLC grew its position in shares of Delta Air Lines by 25.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 794 shares of the transportation company's stock worth $55,000 after buying an additional 161 shares during the last quarter. Apella Capital LLC increased its stake in shares of Delta Air Lines by 4.6% during the fourth quarter. Apella Capital LLC now owns 3,717 shares of the transportation company's stock valued at $258,000 after buying an additional 164 shares during the period. Private Trust Co. NA increased its stake in shares of Delta Air Lines by 3.3% during the third quarter. Private Trust Co. NA now owns 5,493 shares of the transportation company's stock valued at $312,000 after buying an additional 174 shares during the period. Finally, HBK Sorce Advisory LLC raised its holdings in shares of Delta Air Lines by 3.2% during the third quarter. HBK Sorce Advisory LLC now owns 5,871 shares of the transportation company's stock valued at $362,000 after acquiring an additional 181 shares in the last quarter. Institutional investors own 69.93% of the company's stock.

Key Delta Air Lines News

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

• Positive Sentiment: Delta’s board declared a quarterly cash dividend of $0.1875/share, payable June 4 — a shareholder-friendly signal that management is confident in cash flow and capital allocation. Delta Air Lines Declares Quarterly Dividend
• Positive Sentiment: An analyst note and industry commentary say Delta and United may benefit from competitors cutting capacity in response to higher fuel costs, which can support yields and unit revenues for remaining carriers. Delta and United benefit from competitors cutting capacity amid higher fuel costs – analyst
• Positive Sentiment: Delta CFO Dan Snell was added to the board of Wheels Up, a move that reflects executive demand for Delta leadership and can be read as a credibility boost for Delta’s finance team. Wheels Up adds Delta CFO Snell to board
• Neutral Sentiment: Airline peers show mixed operational resilience — e.g., Southwest reported Q1 results roughly in line with estimates despite higher fuel, indicating the group can partly pass through costs but margins remain pressured. Southwest Airlines Q1 Earnings Meet Estimates, Revenue Beat
• Negative Sentiment: Supply disruption: closure of the Strait of Hormuz and a surge in oil to about $100/bbl have sparked a growing jet-fuel crisis, route cancellations and refunds — direct headwinds for margins and capacity planning. Low-cost airline CEO warns of looming airline bankruptcies
• Negative Sentiment: Multiple reports detail flight cancellations and summer schedule cuts as carriers respond to the oil shock, raising near-term revenue disruption and potential rebooking/refund costs for Delta. Another airline cancels summer flights, refunds available
• Negative Sentiment: Analyst caution: BNP Paribas Exane issued a pessimistic forecast for DAL, adding downside risk from sell-side revisions if fuel and network disruption persist. BNP Paribas Exane Issues Pessimistic Forecast for Delta Air Lines NYSE: DAL Stock Price
• Negative Sentiment: Insider activity: a reported significant insider stake reduction by a Delta insider may be interpreted negatively by some investors, though motives vary. This Delta insider just slashed his stake by more than one-fifth (21%)

Analysts Set New Price Targets

A number of analysts recently commented on the company. Rothschild & Co Redburn dropped their price target on Delta Air Lines from $72.00 to $70.00 and set a "buy" rating for the company in a research note on Thursday, March 5th. Dbs Bank upgraded shares of Delta Air Lines to a "moderate buy" rating in a report on Monday, January 19th. Citigroup raised their target price on shares of Delta Air Lines from $77.00 to $79.00 and gave the stock a "buy" rating in a research report on Thursday, April 9th. Bank of America cut 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 research note on Wednesday, April 1st. Finally, Zacks Research upgraded shares of Delta Air Lines from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 15th. One 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 company's stock. According to MarketBeat.com, Delta Air Lines has an average rating of "Moderate Buy" and an average price target of $79.10.

Insider Activity at Delta Air Lines

In related news, EVP Alain Bellemare sold 35,212 shares of the company's stock in a transaction dated 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 transaction, the executive vice president owned 138,176 shares in the company, valued at $10,390,835.20. The trade was a 20.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Edward H. Bastian sold 100,000 shares of the company's stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $70.26, for a total transaction of $7,026,000.00. Following the completion of the transaction, the chief executive officer owned 1,363,448 shares in the company, valued at approximately $95,795,856.48. The trade was a 6.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 353,611 shares of company stock worth $25,182,798 over the last quarter. 0.96% of the stock is currently owned by company insiders.

Delta Air Lines Stock Performance

Shares of DAL stock opened at $68.46 on Monday. Delta Air Lines, Inc. has a 12 month low of $39.94 and a 12 month high of $76.39. The stock has a market cap of $44.98 billion, a PE ratio of 9.98, a price-to-earnings-growth ratio of 1.00 and a beta of 1.31. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 0.54. The company's fifty day moving average price is $66.28 and its 200-day moving average price is $65.81.

Delta Air Lines (NYSE:DAL - Get Free Report) last released its earnings results on Wednesday, April 8th. The transportation company reported $0.64 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $14.05 billion. During the same period in the prior year, the firm earned $0.46 EPS. The company's revenue was up 9.4% compared to the same quarter last year. On average, equities analysts expect that Delta Air Lines, Inc. will post 5.3 EPS for the current fiscal year.

Delta Air Lines Dividend Announcement

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

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.

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