Korea Investment CORP Grows Stock Position in Delta Air Lines, Inc. $DAL

Key Points

• Korea Investment CORP increased its Delta stake by 16% in the quarter, buying 25,125 shares to hold 182,302 shares valued at about $10.35 million.
• Insider selling has been substantial: the EVP sold 38,600 shares and the CEO sold 100,000 shares, and insiders disposed of 620,550 shares (~$44.13M) in the past 90 days, leaving insiders with 0.88% ownership.
• Delta is contending with geopolitical risks

Korea Investment CORP lifted its holdings in Delta Air Lines, Inc. (NYSE:DAL - Free Report) by 16.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 182,302 shares of the transportation company's stock after purchasing an additional 25,125 shares during the period. Korea Investment CORP's holdings in Delta Air Lines were worth $10,346,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Delta Air Lines by 33.5% during the 4th quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company's stock worth $555,000 after acquiring an additional 2,302 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of Delta Air Lines during the 1st quarter valued at $178,000. Sivia Capital Partners LLC purchased a new stake in shares of Delta Air Lines in the 2nd quarter worth $555,000. AE Wealth Management LLC increased its stake in shares of Delta Air Lines by 9.7% in the 2nd quarter. AE Wealth Management LLC now owns 26,179 shares of the transportation company's stock worth $1,287,000 after purchasing an additional 2,319 shares in the last quarter. Finally, Aviva PLC raised its holdings in Delta Air Lines by 6.6% in the 2nd quarter. Aviva PLC now owns 169,997 shares of the transportation company's stock worth $8,360,000 after purchasing an additional 10,525 shares during the period. Hedge funds and other 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 will present at the J.P. Morgan Industrials Conference on March 17, giving management a platform to update guidance, network plans and fuel/cost outlook — a potential catalyst for sentiment if commentary is constructive. Delta Air Lines to Present at the J.P. Morgan Industrials Conference
• Positive Sentiment: Some analysts remain bullish on Delta’s mid/long-term fundamentals and earnings power despite recent weakness; that ongoing conviction can support a valuation rebound if macro/geopolitical pressures ease. Is Delta Air Lines Stock Underperforming the Nasdaq?
• Neutral Sentiment: Valuation debate: recent write-ups note DAL’s sharp pullback has made the stock more attractive on metrics vs. recent highs, but highlight a split between short-term risk and longer-term returns. Is Delta Air Lines (DAL) Pricing Look Attractive After Recent Share Price Weakness
• Neutral Sentiment: Market commentary flags that DAL has underperformed indexes recently; that underperformance can amplify both downside and upside moves as investors reprice risk. Is Delta Air Lines Stock Underperforming the Nasdaq?
• Negative Sentiment: TD Cowen downgraded Delta from “strong‑buy” to “hold,” lowering near‑term expectations and putting additional selling pressure on the name. TD Cowen Has Lowered Expectations for Delta Air Lines NYSE: DAL Stock Price
• Negative Sentiment: Geopolitical risk: Middle East airspace closures and canceled routes, plus surging jet‑fuel prices tied to the Iran conflict, are pressuring industry revenue and margins — a primary driver of the recent sector selloff. Major airline canceling Middle East flights 'until later this year'
• Negative Sentiment: Sector analyst cuts and rising short‑term volatility after the Iran attacks have pressured airline stocks broadly; Delta is being re‑rated lower along with peers until fuel and demand visibility improve. Stock Market Today, March 10: American Airlines Falls After Analysts Cut Price Targets on Sector Pressures

Insider Transactions at Delta Air Lines

In other Delta Air Lines news, EVP Steven M. Sear sold 38,600 shares of the firm's stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $75.05, for a total transaction of $2,896,930.00. Following the completion of the transaction, the executive vice president owned 104,404 shares in the company, valued at $7,835,520.20. This trade represents a 26.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Edward H. Bastian sold 100,000 shares of Delta Air Lines stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $70.26, for a total value of $7,026,000.00. Following the completion of the sale, the chief executive officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 620,550 shares of company stock valued at $44,127,667. 0.88% of the stock is owned by insiders.

Delta Air Lines Price Performance

DAL stock opened at $59.08 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.34 and a current ratio of 0.40. The company's fifty day moving average price is $68.40 and its 200-day moving average price is $64.12. Delta Air Lines, Inc. has a one year low of $34.74 and a one year high of $76.39. The company has a market capitalization of $38.59 billion, a PE ratio of 7.70, a price-to-earnings-growth ratio of 0.57 and a beta of 1.34.

Delta Air Lines (NYSE:DAL - Get Free Report) last posted its earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.02. The company had revenue of $14.61 billion during the quarter, compared to analysts' expectations of $15.80 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. Delta Air Lines's quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the company posted $1.85 earnings per share. 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, equities analysts anticipate that Delta Air Lines, Inc. will post 7.63 EPS for the current fiscal year.

Delta Air Lines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, February 26th will be given a dividend of $0.1875 per share. The ex-dividend date is Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.3%. Delta Air Lines's dividend payout ratio (DPR) is presently 9.78%.

Wall Street Analyst Weigh In

DAL has been the subject of several recent research reports. UBS Group cut their price target on Delta Air Lines from $90.00 to $87.00 and set a "buy" rating for the company in a report on Wednesday, January 14th. Wolfe Research raised their price objective on Delta Air Lines from $70.00 to $83.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 14th. The Goldman Sachs Group lifted their price objective on Delta Air Lines from $77.00 to $80.00 and gave the company a "buy" rating in a research report on Wednesday, January 14th. BNP Paribas Exane boosted their price objective on Delta Air Lines from $70.00 to $85.00 and gave the company an "outperform" rating in a research note on Monday, December 8th. Finally, Citigroup restated a "buy" rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $79.93.

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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