Munich Reinsurance Co Stock Corp in Munich Has $17.43 Million Stake in Delta Air Lines, Inc. $DAL

Key Points

• Munich Re boosted its Delta stake by 9.9% in Q4 to 251,350 shares, worth about $17.43 million at the end of the period.
• Delta declared a quarterly dividend of $0.1875 per share (annualized $0.75, ~1.1% yield) payable June 4, indicating management confidence in cash flow and capital allocation.
• Delta topped Q1 estimates with $0.64 EPS and $14.20 billion in revenue, and analysts maintain a consensus Moderate Buy rating with an average price target of $79.10.

Munich Reinsurance Co Stock Corp in Munich lifted its position in shares of Delta Air Lines, Inc. (NYSE:DAL - Free Report) by 9.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 251,350 shares of the transportation company's stock after acquiring an additional 22,665 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich's holdings in Delta Air Lines were worth $17,429,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Bank of New York Mellon Corp boosted its holdings in shares of Delta Air Lines by 23.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company's stock valued at $434,813,000 after acquiring an additional 1,447,058 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of Delta Air Lines by 54.8% during the 3rd quarter. Wellington Management Group LLP now owns 5,817,783 shares of the transportation company's stock valued at $330,159,000 after acquiring an additional 2,058,744 shares in the last quarter. Ninety One UK Ltd boosted its holdings in shares of Delta Air Lines by 23.6% during the 3rd quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company's stock valued at $219,095,000 after acquiring an additional 736,342 shares in the last quarter. LSV Asset Management boosted its holdings in shares of Delta Air Lines by 1.3% during the 3rd quarter. LSV Asset Management now owns 3,447,917 shares of the transportation company's stock valued at $195,669,000 after acquiring an additional 42,878 shares in the last quarter. Finally, Allianz Asset Management GmbH boosted its holdings in shares of Delta Air Lines by 24.6% during the 3rd quarter. Allianz Asset Management GmbH now owns 2,791,581 shares of the transportation company's stock valued at $158,422,000 after acquiring an additional 550,480 shares in the last quarter. Institutional investors and hedge funds own 69.93% of the company's stock.

Delta Air Lines Stock Up 0.1%

Shares of DAL opened at $68.46 on Friday. The company has a market capitalization of $44.98 billion, a PE ratio of 9.98, a PEG ratio of 1.00 and a beta of 1.31. Delta Air Lines, Inc. has a 12 month low of $39.94 and a 12 month high of $76.39. The stock's 50-day moving average price is $66.28 and its two-hundred day moving average price is $65.68. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 0.54.

Delta Air Lines (NYSE:DAL - Get Free Report) last posted its quarterly earnings data 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. Delta Air Lines had a return on equity of 20.28% and a net margin of 6.87%.The firm had revenue of $14.20 billion during the quarter, compared to analyst estimates of $14.05 billion. During the same period last year, the company posted $0.46 EPS. The business's quarterly revenue was up 9.4% on a year-over-year basis. On average, analysts anticipate that Delta Air Lines, Inc. will post 5.3 EPS for the current year.

Delta Air Lines Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 14th will be given a $0.1875 dividend. The ex-dividend date of this dividend 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 (DPR) is 10.93%.

Trending Headlines about Delta Air Lines

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%)

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DAL shares. UBS Group raised their price objective on Delta Air Lines from $84.00 to $86.00 and gave the company a "buy" rating in a report on Thursday, April 9th. Rothschild & Co Redburn cut their target price on Delta Air Lines from $72.00 to $70.00 and set a "buy" rating on the stock in a report on Thursday, March 5th. Susquehanna cut their target price on Delta Air Lines from $81.00 to $78.00 and set a "positive" rating on the stock in a report on Thursday, April 9th. Dbs Bank raised Delta Air Lines to a "moderate buy" rating in a report on Monday, January 19th. Finally, Argus lifted their target price on Delta Air Lines from $80.00 to $85.00 and gave the stock a "buy" rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $79.10.

Insider Transactions at Delta Air Lines

In other news, EVP Rahul D. Samant sold 62,528 shares of Delta Air Lines stock in a transaction dated 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 transaction, the executive vice president directly owned 20,939 shares of the company's stock, valued at approximately $1,469,499.02. This trade represents a 74.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Steven M. Sear sold 38,600 shares of Delta Air Lines stock in a transaction on Monday, February 9th. The shares were sold at an average price of $75.05, for a total transaction of $2,896,930.00. Following the completion of the sale, the executive vice president directly owned 104,404 shares of the company's stock, valued at approximately $7,835,520.20. This trade represents a 26.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 353,611 shares of company stock worth $25,182,798. Corporate insiders own 0.88% of the company's stock.

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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