Cookson Peirce & Co. Inc. Has $3.42 Million Holdings in Delta Air Lines, Inc. $DAL

Cookson Peirce & Co. Inc. grew its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 52.1% in the 3rd quarter, Holdings Channel reports. The fund owned 60,229 shares of the transportation company’s stock after buying an additional 20,629 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Delta Air Lines were worth $3,418,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Delta Air Lines by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock valued at $3,667,479,000 after purchasing an additional 1,648,071 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Delta Air Lines by 23.3% in the third 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 buying an additional 1,447,058 shares in the last quarter. Ninety One UK Ltd grew its stake in shares of Delta Air Lines by 23.6% during the third quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company’s stock worth $219,095,000 after buying an additional 736,342 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Delta Air Lines by 39.8% during the second quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock worth $118,409,000 after buying an additional 685,312 shares in the last quarter. Finally, State Street Corp increased its holdings 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 buying an additional 581,421 shares in the last quarter. Institutional investors own 69.93% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Argus set a $80.00 price objective on Delta Air Lines in a research report on Wednesday, January 14th. Wells Fargo & Company set a $87.00 price target on Delta Air Lines in a report on Thursday, December 18th. Citigroup reaffirmed a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. BNP Paribas Exane lifted their target price on shares of Delta Air Lines from $70.00 to $85.00 and gave the stock an “outperform” rating in a research report on Monday, December 8th. Finally, Evercore upped their price target on shares of Delta Air Lines from $75.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $80.47.

Delta Air Lines Price Performance

Delta Air Lines stock opened at $69.50 on Friday. The stock’s 50 day moving average is $69.98 and its 200 day moving average is $62.82. Delta Air Lines, Inc. has a one year low of $34.74 and a one year high of $76.39. The firm has a market cap of $45.38 billion, a P/E ratio of 9.06, a P/E/G ratio of 0.69 and a beta of 1.37. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.02. The firm had revenue of $14.61 billion during the quarter, compared to analyst estimates of $15.80 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.99%. The company’s revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.85 EPS. 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. As a group, research analysts expect that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Delta Air Lines Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, February 26th will be given a dividend of $0.1875 per share. The ex-dividend date of this dividend is Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a yield of 1.1%. Delta Air Lines’s dividend payout ratio is 9.78%.

Insider Activity

In other news, EVP Alain Bellemare sold 35,212 shares of Delta Air Lines stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $75.20, for a total value of $2,647,942.40. Following the completion of the transaction, the executive vice president directly owned 138,176 shares of the company’s stock, valued at approximately $10,390,835.20. This trade represents a 20.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Peter W. Carter sold 27,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $74.82, for a total value of $2,020,140.00. Following the sale, the insider owned 421,744 shares in the company, valued at approximately $31,554,886.08. The trade was a 6.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 520,550 shares of company stock worth $37,101,667. 0.88% of the stock is owned by insiders.

Delta Air Lines Company 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.