Delta Air Lines, Inc. $DAL Holdings Trimmed by Richard Bernstein Advisors LLC

Richard Bernstein Advisors LLC reduced its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 57.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,465 shares of the transportation company’s stock after selling 37,661 shares during the period. Richard Bernstein Advisors LLC’s holdings in Delta Air Lines were worth $1,559,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of DAL. AlphaQuest LLC boosted its position in shares of Delta Air Lines by 90.6% during the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 211 shares in the last quarter. Accredited Wealth Management LLC lifted its stake in Delta Air Lines by 1,983.3% during the third quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 476 shares during the last quarter. Kilter Group LLC bought a new stake in Delta Air Lines during the second quarter worth approximately $35,000. First Horizon Corp bought a new stake in Delta Air Lines during the third quarter worth approximately $38,000. Finally, Hemington Wealth Management grew its position in Delta Air Lines by 37.6% in the third quarter. Hemington Wealth Management now owns 779 shares of the transportation company’s stock worth $44,000 after buying an additional 213 shares during the last quarter. 69.93% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Alain Bellemare sold 35,212 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $75.20, for a total value of $2,647,942.40. Following the sale, the executive vice president owned 138,176 shares of the company’s stock, valued at approximately $10,390,835.20. This represents a 20.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rahul D. Samant sold 62,528 shares of the stock in a transaction on 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 sale, the executive vice president owned 20,939 shares in the company, valued at $1,469,499.02. The trade was a 74.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 620,550 shares of company stock worth $44,127,667 over the last quarter. Corporate insiders own 0.96% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. BNP Paribas Exane increased their price objective on Delta Air Lines from $70.00 to $85.00 and gave the company an “outperform” rating in a research report on Monday, December 8th. Citigroup restated a “buy” rating on shares of Delta Air Lines in a report on Wednesday, January 7th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $80.00 target price on shares of Delta Air Lines in a report on Friday, December 19th. Bank of America increased their price target on Delta Air Lines from $74.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Finally, The Goldman Sachs Group lifted their price target on Delta Air Lines from $77.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $79.93.

Delta Air Lines Stock Performance

Shares of DAL opened at $59.17 on Wednesday. Delta Air Lines, Inc. has a 12 month low of $34.74 and a 12 month high of $76.39. The company’s fifty day moving average is $68.61 and its 200-day moving average is $64.16. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. The firm has a market cap of $38.65 billion, a price-to-earnings ratio of 7.71, a price-to-earnings-growth ratio of 0.58 and a beta of 1.34.

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

Delta Air Lines Announces Dividend

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

Key Stories Impacting Delta Air Lines

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 — an opportunity for management to discuss outlook, guidance and cost/hedging actions directly with institutional investors, which can soothe short-term uncertainty. Delta to Present at the J.P. Morgan Industrials Conference
• Neutral Sentiment: Recent analyst-coverage pieces and forecast dossiers summarize expectations for DAL but do not show sweeping consensus changes; these reports provide context but are not the primary driver of today’s move. Analyst Expectations For Delta Air Lines’s Future
• Negative Sentiment: Geopolitical escalation in the Middle East has pushed jet-fuel and oil volatility sharply higher, increasing operating-cost risk for all carriers and prompting sector-wide selling. MarketBeat’s analysis highlights higher jet fuel prices and demand uncertainty as central negative drivers for airline stocks, including DAL. Is the Airline Stock Dip After the Iran Attacks Justified?
• Negative Sentiment: TD Cowen cut its price target on DAL (from $82 to $71), citing fuel-cost concerns — the firm kept a Buy rating, but the reduced target signals lower near-term upside expectations and likely fed some selling. TD Cowen Adjusts Price Target on Delta Air Lines
• Negative Sentiment: Analyst cuts and heightened options activity across the airline sector (exemplified by American Airlines reactions) have increased market nervousness and led to broader downward pressure on major carriers, including Delta. Stock Market Today: American Airlines Falls After Analysts Cut Price Targets
• Negative Sentiment: Market reports noting that DAL “registered a bigger fall than the market” capture the outcome of today’s selling (higher volume and a notable intraday decline), reinforcing that the combination of macro/geopolitical risk and analyst moves is weighing on the stock. Delta Air Lines (DAL) Registers a Bigger Fall Than the Market

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.