Stevens Capital Management LP Buys New Stake in Delta Air Lines, Inc. $DAL

Stevens Capital Management LP acquired a new position in Delta Air Lines, Inc. (NYSE:DAL) in the third quarter, HoldingsChannel.com reports. The fund acquired 14,776 shares of the transportation company’s stock, valued at approximately $839,000.

Other hedge funds also recently bought and sold shares of the company. AlphaQuest LLC grew its stake in Delta Air Lines by 90.6% in the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 211 shares during the period. NewSquare Capital LLC boosted its stake in shares of Delta Air Lines by 184.6% in the second quarter. NewSquare Capital LLC now owns 572 shares of the transportation company’s stock worth $28,000 after acquiring an additional 371 shares during the last quarter. Kilter Group LLC purchased a new stake in shares of Delta Air Lines during the second quarter worth approximately $35,000. First Horizon Corp acquired a new position in Delta Air Lines in the 3rd quarter valued at $38,000. Finally, Hemington Wealth Management lifted its holdings in Delta Air Lines by 37.6% in the 3rd quarter. Hemington Wealth Management now owns 779 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 213 shares in the last quarter. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Delta Air Lines Stock Performance

Shares of Delta Air Lines stock opened at $69.47 on Friday. The firm has a market cap of $45.38 billion, a PE ratio of 9.06, a price-to-earnings-growth ratio of 0.67 and a beta of 1.37. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. Delta Air Lines, Inc. has a 52 week low of $34.74 and a 52 week high of $76.39. The business’s fifty day simple moving average is $70.07 and its 200-day simple moving average is $63.56.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $14.61 billion for the quarter, compared to analyst estimates of $15.80 billion. During the same period in the previous year, the firm earned $1.85 EPS. Delta Air Lines’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. Equities analysts forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

Delta Air Lines Announces Dividend

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 paid a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Thursday, February 26th. Delta Air Lines’s dividend payout ratio is 9.78%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on DAL shares. Citigroup reiterated a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Wolfe Research raised their target price on shares of 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 boosted their target price on Delta Air Lines from $77.00 to $80.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $80.00 price target on shares of Delta Air Lines in a report on Friday, December 19th. Finally, UBS Group dropped their target price 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. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $80.47.

Insider Buying and Selling at Delta Air Lines

In related news, EVP Steven M. Sear sold 38,600 shares of the business’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $75.05, for a total value of $2,896,930.00. Following the sale, the executive vice president owned 104,404 shares in the company, valued at approximately $7,835,520.20. The trade was a 26.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Edward H. Bastian sold 173,230 shares of the firm’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $71.00, for a total value of $12,299,330.00. Following the transaction, the chief executive officer owned 632,823 shares of the company’s stock, valued at $44,930,433. This trade represents a 21.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 520,550 shares of company stock valued at $37,101,667. Corporate insiders own 0.88% of the company’s stock.

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.