Delta Air Lines, Inc. $DAL Shares Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC lessened its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL - Free Report) by 6.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,442,130 shares of the transportation company's stock after selling 94,589 shares during the period. Delta Air Lines makes up 1.5% of Douglas Lane & Associates LLC's portfolio, making the stock its 15th biggest position. Douglas Lane & Associates LLC owned approximately 0.22% of Delta Air Lines worth $120,360,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Parkside Financial Bank & Trust increased its stake in Delta Air Lines by 3.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 3,535 shares of the transportation company's stock valued at $331,000 after buying an additional 129 shares during the last quarter. Arlington Trust Co LLC lifted its stake in shares of Delta Air Lines by 11.7% during the 2nd quarter. Arlington Trust Co LLC now owns 1,238 shares of the transportation company's stock worth $116,000 after buying an additional 130 shares during the last quarter. Guardian Wealth Advisors LLC NC grew its holdings in Delta Air Lines by 3.5% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 3,900 shares of the transportation company's stock valued at $365,000 after buying an additional 131 shares in the last quarter. GoalVest Advisory LLC boosted its holdings in Delta Air Lines by 13.9% in the 3rd quarter. GoalVest Advisory LLC now owns 1,187 shares of the transportation company's stock valued at $101,000 after purchasing an additional 145 shares during the period. Finally, Basecamp Wealth Advisors LLC grew its position in Delta Air Lines by 10.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 1,582 shares of the transportation company's stock worth $105,000 after buying an additional 156 shares in the last quarter. 69.93% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director David G. Dewalt sold 31,756 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $90.85, for a total transaction of $2,885,032.60. Following the completion of the sale, the director directly owned 22,358 shares in the company, valued at approximately $2,031,224.30. This represents a 58.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Peter Carter sold 39,900 shares of the company's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $92.98, for a total value of $3,709,902.00. Following the transaction, the president owned 424,704 shares of the company's stock, valued at approximately $39,488,977.92. This represents a 8.59% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 356,726 shares of company stock valued at $33,081,037. 0.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on DAL shares. UBS Group reiterated a "buy" rating on shares of Delta Air Lines in a research note on Tuesday. Morgan Stanley increased their target price on shares of Delta Air Lines from $115.00 to $125.00 and gave the company an "overweight" rating in a research report on Friday, July 10th. Benchmark reiterated a "buy" rating on shares of Delta Air Lines in a report on Wednesday, July 8th. BMO Capital Markets reduced their price objective on Delta Air Lines from $105.00 to $100.00 and set an "outperform" rating for the company in a research note on Monday, September 28th. Finally, Susquehanna cut their target price on Delta Air Lines from $105.00 to $100.00 and set a "positive" rating on the stock in a research report on Wednesday. Twenty-three investment 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. Based on data from MarketBeat, Delta Air Lines presently has a consensus rating of "Moderate Buy" and an average target price of $99.01.

Trending Headlines about Delta Air Lines

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

• Positive Sentiment: Delta reported record September-quarter revenue of $17.59 billion, up 21.1% year over year, supported by broad demand, higher yields and strength in its premium business. Management said it expects fourth-quarter revenue to grow approximately 20% and maintained that travel demand remains healthy. Delta Air Lines Announces September Quarter 2026 Financial Results
• Positive Sentiment: The company said it can absorb roughly $6 billion in additional fuel costs through higher fares, operational discipline and its premium mix. Delta also plans to generate approximately $2.5 billion in 2026 free cash flow and repay more than $2 billion of debt, supporting balance-sheet improvement. Delta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand is still strong
• Neutral Sentiment: Unusual options activity showed traders purchasing 39,720 call options, about 34% above typical volume. This may indicate speculative optimism, but it does not establish a fundamental change in the company’s outlook.
• Neutral Sentiment: Delta is evaluating whether to launch its planned Saudi Arabia service later this month after security incidents near Riyadh. CEO Ed Bastian said safety considerations will determine the decision, creating uncertainty around the route’s timing. Delta CEO: Safety is going to make the call on launching Saudi Arabia flight
• Negative Sentiment: Adjusted third-quarter EPS was $1.72, below the roughly $1.77–$1.80 analyst consensus, while revenue also slightly missed estimates. It was Delta’s first earnings miss in about two years. Delta Air Lines Q3 Earnings and Revenues Lag Estimates
• Negative Sentiment: Jet-fuel costs rose approximately 62% from a year earlier, squeezing margins and overwhelming fare gains. Delta cut full-year 2026 adjusted EPS guidance to $5.10–$5.60 from $6.50–$7.50. Fourth-quarter EPS guidance of $1.15–$1.65 also brackets or falls below consensus, while projected revenue of $17.5 billion is below the $18.4 billion estimate. Delta Air Lines cuts profit forecast as fuel costs outpace fare gains

Delta Air Lines Price Performance

Shares of NYSE DAL traded down $1.35 during midday trading on Friday, hitting $80.79. 7,537,430 shares of the company's stock were exchanged, compared to its average volume of 8,612,278. The company has a current ratio of 0.42, a quick ratio of 0.35 and a debt-to-equity ratio of 0.48. Delta Air Lines, Inc. has a 12-month low of $55.03 and a 12-month high of $95.68. The company has a market cap of $53.13 billion, a price-to-earnings ratio of 13.39, a PEG ratio of 1.36 and a beta of 1.34. The business's fifty day moving average price is $83.61 and its two-hundred day moving average price is $79.82.

Delta Air Lines (NYSE:DAL - Get Free Report) last released its quarterly earnings results on Friday, October 9th. The transportation company reported $1.72 earnings per share for the quarter, missing analysts' consensus estimates of $1.77 by ($0.05). Delta Air Lines had a net margin of 5.79% and a return on equity of 17.52%. The firm had revenue of $17.59 billion for the quarter, compared to analysts' expectations of $17.65 billion. During the same quarter in the previous year, the business earned $1.71 EPS. The company's revenue for the quarter was up 21.1% on a year-over-year basis. 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, research analysts forecast that Delta Air Lines, Inc. will post 5.79 EPS for the current fiscal year.

Delta Air Lines Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 5th. Investors of record on Thursday, October 15th will be paid a $0.2150 dividend. This represents a $0.86 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, October 15th. Delta Air Lines's payout ratio is presently 14.26%.

About Delta Air Lines

Delta Air Lines, Inc is a major U.S. airline that provides scheduled passenger and air freight transportation. The company serves destinations throughout the United States and connects customers to international markets across Europe, Asia, Latin America, Canada, Africa and the Caribbean through its own operations and regional airline partners.

Delta offers multiple classes of passenger service, including premium cabins and its main cabin, along with travel-related products such as vacation packages and loyalty benefits through the SkyMiles program.

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