J. L. Bainbridge & Co. Inc. Sells 121,996 Shares of Delta Air Lines, Inc. $DAL

J. L. Bainbridge & Co. Inc. lowered its stake in Delta Air Lines, Inc. (NYSE:DAL) by 24.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 376,784 shares of the transportation company’s stock after selling 121,996 shares during the period. Delta Air Lines accounts for 2.2% of J. L. Bainbridge & Co. Inc.’s holdings, making the stock its 18th largest holding. J. L. Bainbridge & Co. Inc.’s holdings in Delta Air Lines were worth $25,049,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. TD Asset Management Inc raised its holdings in Delta Air Lines by 14.0% in the 3rd quarter. TD Asset Management Inc now owns 457,796 shares of the transportation company’s stock valued at $25,980,000 after buying an additional 56,365 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in Delta Air Lines during the 3rd quarter worth approximately $1,041,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in Delta Air Lines by 22.7% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,173 shares of the transportation company’s stock worth $7,438,000 after acquiring an additional 19,829 shares during the last quarter. iA Global Asset Management Inc. grew its holdings in Delta Air Lines by 53.2% during the 4th quarter. iA Global Asset Management Inc. now owns 92,142 shares of the transportation company’s stock worth $6,395,000 after acquiring an additional 32,014 shares during the last quarter. Finally, Ceredex Value Advisors LLC increased its position in Delta Air Lines by 66.0% in the 3rd quarter. Ceredex Value Advisors LLC now owns 911,136 shares of the transportation company’s stock valued at $51,707,000 after acquiring an additional 362,329 shares during the period. Institutional investors own 69.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DAL shares. BNP Paribas Exane dropped their price target on shares of Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating for the company in a research note on Tuesday, April 21st. Wolfe Research lowered their target price on Delta Air Lines from $81.00 to $73.00 and set an “outperform” rating for the company in a research report on Tuesday, April 7th. Zacks Research raised Delta Air Lines from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. Sanford C. Bernstein upped their price target on Delta Air Lines from $88.00 to $93.00 and gave the company an “outperform” rating in a research report on Wednesday, June 17th. Finally, Barclays increased their price target on Delta Air Lines from $85.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $86.26.

Insiders Place Their Bets

In other Delta Air Lines news, EVP John E. Laughter sold 15,000 shares of Delta Air Lines stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $71.61, for a total value of $1,074,150.00. Following the completion of the sale, the executive vice president directly owned 54,369 shares in the company, valued at approximately $3,893,364.09. The trade was a 21.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Allison C. Ausband sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $79.00, for a total value of $395,000.00. Following the completion of the transaction, the executive vice president directly owned 133,854 shares in the company, valued at approximately $10,574,466. This trade represents a 3.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 149,635 shares of company stock worth $10,833,855. 0.80% of the stock is owned by corporate insiders.

Key Stories Impacting Delta Air Lines

Here are the key news stories impacting Delta Air Lines this week:

• Positive Sentiment: Delta’s recent dividend hike and ongoing share buybacks signal financial strength and shareholder-friendly capital allocation. Should Investors Buy Delta Air Lines Stock Post Latest Dividend Hike?
• Positive Sentiment: Evercore raised its price target on Delta Air Lines (DAL) to $105 from $85 and reiterated an outperform rating, suggesting more upside potential. Evercore target raise
• Positive Sentiment: Analysts and market commentary are highlighting improving airline demand, easing oil prices, and a constructive setup ahead of Delta’s upcoming earnings report. What to Expect From Delta Air Lines’ Q2 2026 Earnings Report
• Neutral Sentiment: Delta is featured in multiple stock-watch and analyst roundup pieces, keeping the name in focus but without a clearly new fundamental update. Zacks Market Edge Highlights: Delta Air Lines, Ryder and Wabtec
• Negative Sentiment: Some analysts caution that Delta could miss Q2 earnings expectations or issue softer Q3 guidance, which would pressure the stock if confirmed. Delta Air Lines: Bracing For A Potential Q2 Earnings Miss And Light Q3 Guidance

Delta Air Lines Trading Up 0.7%

DAL opened at $92.72 on Friday. Delta Air Lines, Inc. has a twelve month low of $48.24 and a twelve month high of $95.14. The company has a quick ratio of 0.36, a current ratio of 0.42 and a debt-to-equity ratio of 0.54. The company has a fifty day moving average of $76.72 and a 200-day moving average of $71.07. The stock has a market cap of $60.91 billion, a PE ratio of 13.52, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings results on Wednesday, April 8th. The transportation company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $14.05 billion. During the same period last year, the business posted $0.46 EPS. The business’s revenue was up 9.4% compared to the same quarter last year. On average, sell-side analysts predict that Delta Air Lines, Inc. will post 5.36 EPS for the current year.

Delta Air Lines Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 9th will be paid a dividend of $0.215 per share. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. This represents a $0.86 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, July 9th. Delta Air Lines’s payout ratio is 10.93%.

About Delta Air Lines

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.