Delta Air Lines, Inc. $DAL Position Increased by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 204.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 75,493 shares of the transportation company’s stock after acquiring an additional 50,715 shares during the period. Teacher Retirement System of Texas’ holdings in Delta Air Lines were worth $4,284,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Delta Air Lines by 33.5% in 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 period. Acadian Asset Management LLC acquired a new stake in shares of Delta Air Lines in the first quarter valued at approximately $178,000. Sivia Capital Partners LLC bought a new stake in shares of Delta Air Lines during the second quarter valued at approximately $555,000. Avior Wealth Management LLC boosted its position in shares of Delta Air Lines by 179.3% during the second quarter. Avior Wealth Management LLC now owns 6,760 shares of the transportation company’s stock worth $332,000 after buying an additional 4,340 shares during the period. Finally, Sound Income Strategies LLC grew its holdings in Delta Air Lines by 14.7% in the 2nd quarter. Sound Income Strategies LLC now owns 1,911 shares of the transportation company’s stock worth $94,000 after buying an additional 245 shares in the last quarter. 69.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DAL. Sanford C. Bernstein reiterated an “outperform” rating and set a $81.00 price target on shares of Delta Air Lines in a research report on Wednesday, January 14th. Barclays upped their price objective on shares of Delta Air Lines from $65.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Rothschild & Co Redburn raised their target price on shares of Delta Air Lines from $65.00 to $72.00 in a research note on Tuesday, October 14th. Citigroup restated a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Finally, Susquehanna increased their price objective on shares of Delta Air Lines from $70.00 to $85.00 and gave the company a “positive” rating in a report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $80.47.

Delta Air Lines Price Performance

NYSE DAL opened at $66.15 on Wednesday. Delta Air Lines, Inc. has a 1 year low of $34.74 and a 1 year high of $73.16. The business’s fifty day moving average is $68.12 and its two-hundred day moving average is $61.70. The stock has a market capitalization of $43.19 billion, a P/E ratio of 8.62, a P/E/G ratio of 0.65 and a beta of 1.38. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.34 and a current ratio of 0.40.

Delta Air Lines (NYSE:DAL) last issued its 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 return on equity of 20.99% and a net margin of 7.90%.The business had revenue of $14.61 billion for the quarter, compared to analysts’ expectations of $15.80 billion. During the same period in the previous year, the firm posted $1.85 EPS. The company’s quarterly 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 forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Rahul D. Samant sold 57,003 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $69.57, for a total transaction of $3,965,698.71. Following the sale, the executive vice president owned 36,246 shares in the company, valued at $2,521,634.22. The trade was a 61.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Edward H. Bastian sold 173,230 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $71.00, for a total transaction of $12,299,330.00. Following the completion of the transaction, the chief executive officer directly owned 632,823 shares of the company’s stock, valued at $44,930,433. This represents a 21.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 351,243 shares of company stock worth $24,742,087. 0.96% of the stock is owned by company insiders.

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.