NewEdge Advisors LLC Sells 6,367 Shares of Delta Air Lines, Inc. $DAL

Posted by Kyle Jackson on Aug 1st, 2026

NewEdge Advisors LLC cut its stake in shares of Delta Air Lines, Inc. (NYSE:DAL – Free Report) by 12.2% during the first quarter, HoldingsChannel reports. The firm owned 46,018 shares of the transportation company’s stock after selling 6,367 shares during the quarter. NewEdge Advisors LLC’s holdings in Delta Air Lines were worth $3,059,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of DAL. Lloyd Advisory Services LLC. purchased a new position in shares of Delta Air Lines in the 4th quarter worth approximately $31,000. Camelot Portfolios LLC purchased a new stake in Delta Air Lines during the 4th quarter valued at $34,000. Cornerstone Planning Group LLC raised its holdings in Delta Air Lines by 451.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 524 shares of the transportation company’s stock valued at $34,000 after buying an additional 429 shares during the period. Atlas Wealth LLC bought a new stake in Delta Air Lines in the first quarter worth $35,000. Finally, Main Street Group LTD bought a new stake in Delta Air Lines in the first quarter worth $36,000. 69.93% of the stock is owned by institutional investors.

Delta Air Lines Price Performance

DAL opened at $87.53 on Friday. The business has a fifty day moving average of $85.29 and a 200 day moving average of $74.12. The stock has a market cap of $57.56 billion, a P/E ratio of 14.52, a PEG ratio of 1.11 and a beta of 1.29. The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 0.48. Delta Air Lines, Inc. has a 52-week low of $50.44 and a 52-week high of $95.68.

Delta Air Lines (NYSE:DAL – Get Free Report) last released its earnings results on Thursday, July 9th. The transportation company reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.07. Delta Air Lines had a return on equity of 17.52% and a net margin of 5.79%.The business had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.43 billion. During the same quarter last year, the firm posted $2.10 earnings per share. The business’s revenue was up 18.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Delta Air Lines, Inc. will post 6.54 EPS for the current year.

Delta Air Lines Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th were issued a $0.215 dividend. The ex-dividend date was Thursday, July 9th. This is a boost from Delta Air Lines’s previous quarterly dividend of $0.19. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. Delta Air Lines’s dividend payout ratio (DPR) is currently 14.26%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on DAL. Susquehanna boosted their price objective on shares of Delta Air Lines from $78.00 to $108.00 and gave the company a “positive” rating in a research report on Tuesday, July 7th. BMO Capital Markets increased their target price on shares of Delta Air Lines from $80.00 to $105.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Jefferies Financial Group raised their target price on shares of Delta Air Lines from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, July 10th. 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. Finally, Argus set a $105.00 price target on shares of Delta Air Lines in a report on Tuesday, July 14th. Twenty-three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $100.40.

Check Out Our Latest Analysis on Delta Air Lines

Key Headlines Impacting Delta Air Lines

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

Positive Sentiment: Wall Street analysts remain optimistic about Delta’s prospects, with coverage emphasizing the stock’s market outperformance and favorable recommendations. This supports investor confidence, although the reports provide limited new fundamental information. Do Wall Street Analysts Like Delta Air Lines Stock? Do Wall Street Analysts Like Delta Air Lines Stock?
Positive Sentiment: A Delta partnership with DraftKings will offer customers a free-to-play sports knowledge contest. The initiative could modestly strengthen customer engagement and ancillary revenue opportunities, but its direct financial effect is likely limited. Delta, DraftKings partner on free-to-play sports knowledge contest
Neutral Sentiment: Delta has attracted elevated attention from Zacks users, while broker commentary continues to favor the stock. The increased visibility may support trading interest, but it does not represent a new earnings or operating catalyst. Delta Air Lines Is a Trending Stock Brokers Suggest Investing in Delta
Neutral Sentiment: Boeing narrowly led Airbus in orders at the Farnborough Airshow. A healthier Boeing could eventually improve aircraft supply and fleet-planning flexibility for airlines such as Delta, but the development has no immediate, material impact on DAL. Airlines Are Still Willing to Bet on Boeing

Insider Activity

In other Delta Air Lines news, EVP Allison C. Ausband sold 9,710 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $76.00, for a total value of $737,960.00. Following the completion of the sale, the executive vice president directly owned 138,854 shares of the company’s stock, valued at $10,552,904. The trade was a 6.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Alain Bellemare sold 25,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the completion of the transaction, the executive vice president owned 95,025 shares in the company, valued at $7,738,836. This represents a 20.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 65,331 shares of company stock worth $5,036,638 in the last ninety days. 0.80% of the stock is currently owned by insiders.

About Delta Air Lines

(Free Report)

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.