Interval Partners LP Boosts Stock Position in Delta Air Lines, Inc. $DAL

Key Points

• Interval Partners LP boosted its Delta Air Lines stake 15.2% in Q3, buying 186,195 shares to hold 1,407,346 shares valued at about $79.87 million, representing 0.22% of DAL and roughly 1.3% of Interval's portfolio (its 12th largest position).
• Wall Street sentiment is mixed but leans positive: the consensus rating is a Moderate Buy with an average price target of $79.43, while recent analyst targets vary broadly (about $70–$87) and include both upgrades and downgrades.
• Insiders have been net sellers recently—CEO Edward Bastian and EVP Rahul Samant sold sizable blocks (173,230 and 62,528 shares), and insiders disposed of 620,550 shares worth roughly $44.13 million over the past 90 days.

Interval Partners LP grew its position in shares of Delta Air Lines, Inc. (NYSE:DAL - Free Report) by 15.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,407,346 shares of the transportation company's stock after purchasing an additional 186,195 shares during the quarter. Delta Air Lines makes up about 1.3% of Interval Partners LP's investment portfolio, making the stock its 12th largest position. Interval Partners LP owned 0.22% of Delta Air Lines worth $79,867,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Delta Air Lines by 2.3% in the second quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company's stock worth $3,667,479,000 after buying an additional 1,648,071 shares in the last quarter. State Street Corp raised its stake in shares of Delta Air Lines by 2.6% during the second quarter. State Street Corp now owns 23,059,848 shares of the transportation company's stock worth $1,134,083,000 after acquiring an additional 581,421 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Delta Air Lines by 3.3% during the second quarter. Geode Capital Management LLC now owns 16,757,932 shares of the transportation company's stock worth $822,127,000 after acquiring an additional 527,570 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Delta Air Lines by 23.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company's stock worth $434,813,000 after acquiring an additional 1,447,058 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Delta Air Lines by 0.8% in the 2nd quarter. AQR Capital Management LLC now owns 6,012,856 shares of the transportation company's stock worth $295,712,000 after acquiring an additional 48,974 shares during the last quarter. 69.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Jefferies Financial Group reduced their target price on shares of Delta Air Lines from $84.00 to $72.00 and set a "buy" rating on the stock in a report on Thursday. Evercore boosted their price target on shares of Delta Air Lines from $75.00 to $85.00 and gave the stock an "outperform" rating in a research note on Friday, January 9th. The Goldman Sachs Group upped their price target on shares of Delta Air Lines from $77.00 to $80.00 and gave the company a "buy" rating in a research report on Wednesday, January 14th. Wall Street Zen cut Delta Air Lines from a "buy" rating to a "hold" rating in a research note on Friday, November 28th. Finally, UBS Group lowered their target price on Delta Air Lines from $90.00 to $87.00 and set a "buy" rating for the company in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $79.43.

Key Delta Air Lines News

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

• Positive Sentiment: Jefferies cut its price target to $72 but retained a Buy rating, signaling continued analyst conviction in Delta's longer‑term recovery and implying upside from current levels. Delta Air Lines NYSE: DAL Given New $72.00 Price Target at Jefferies Financial Group
• Positive Sentiment: Citi put Delta on a 30‑day "positive catalyst watch," highlighting potential near‑term bullish catalysts (refinery edge, trans‑Atlantic demand) that could support the stock. Citi Research puts Delta and SkyWest on 30‑day positive catalyst watch
• Positive Sentiment: Industry reporting notes that credit‑card partnerships and upfront cash from co‑branded cards are reshaping airline loyalty economics and improving non‑fare profit streams — a tailwind for Delta's margins and cash flow. Credit‑card cash reshapes US airline loyalty — and profit
• Neutral Sentiment: Rothschild & Co Redburn trimmed its price target to $70 but kept a Buy rating, reflecting mixed views: confidence in Delta's fundamentals but recognition of near‑term capacity and margin pressure. Rothschild & Co Redburn Lowers Delta Air Lines, Inc. (DAL) Price Target to $70
• Neutral Sentiment: Recent coverage weighing valuation: some outlets argue the pullback makes DAL attractive versus historic ranges, while others flag the stock's YTD weakness — a reminder that consensus upside still coexists with risk. Is Delta Air Lines Stock Underperforming the Nasdaq?
• Negative Sentiment: Delta extended a pause on New York–Tel Aviv flights through month‑end amid regional volatility, reducing international capacity and near‑term revenue on that route. Delta extends pause on New York‑Tel Aviv flights through month‑end
• Negative Sentiment: Oil has surged toward $100/barrel, prompting sectorwide downdrafts as fuel costs and perceived travel risk rise — a primary immediate headwind for airline margins and stock performance. Airline Stocks Were Pricing 2026 Like A Runway—Oil Just Made It A Cliff Edge
• Negative Sentiment: TD Cowen downgraded Delta to a "Hold," adding to mixed sell‑side signals and increasing short‑term sentiment pressure. Delta Air Lines NYSE: DAL Cut to "Hold" at TD Cowen

Insider Activity at Delta Air Lines

In other Delta Air Lines news, EVP Rahul D. Samant sold 62,528 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $70.18, for a total value of $4,388,215.04. Following the completion of the sale, the executive vice president owned 20,939 shares in the company, valued at approximately $1,469,499.02. This trade represents a 74.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Edward H. Bastian sold 173,230 shares of Delta Air Lines stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $71.00, for a total value of $12,299,330.00. Following the completion of the sale, the chief executive officer owned 632,823 shares in the company, valued at approximately $44,930,433. This represents a 21.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 620,550 shares of company stock worth $44,127,667 over the last 90 days. 0.88% of the stock is owned by insiders.

Delta Air Lines Trading Up 1.5%

NYSE:DAL opened at $58.79 on Friday. The firm has a market capitalization of $38.39 billion, a P/E ratio of 7.66, a P/E/G ratio of 0.58 and a beta of 1.34. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. The company has a fifty day moving average of $67.96 and a 200 day moving average of $64.07. Delta Air Lines, Inc. has a 52 week low of $34.74 and a 52 week high of $76.39.

Delta Air Lines (NYSE:DAL - Get Free Report) last announced its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.53 by $0.02. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. The business had revenue of $14.61 billion for the quarter, compared to analyst estimates of $15.80 billion. During the same quarter last year, the firm earned $1.85 EPS. The company's revenue was up 2.9% on a year-over-year basis. Delta Air Lines has set its Q1 2026 guidance at 0.500-0.900 EPS and its FY 2026 guidance at 6.500-7.500 EPS. On average, research analysts predict that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

Delta Air Lines Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, February 26th will be paid a $0.1875 dividend. The ex-dividend date of this dividend is Thursday, February 26th. This represents a $0.75 annualized dividend and a dividend yield of 1.3%. Delta Air Lines's dividend payout ratio (DPR) is presently 9.78%.

Delta Air Lines 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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