Delta Air Lines (NYSE:DAL) EVP Steven Sear Sells 40,460 Shares of Stock

Delta Air Lines, Inc. (NYSE:DAL) EVP Steven Sear sold 40,460 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $93.55, for a total value of $3,785,033.00. Following the completion of the transaction, the executive vice president directly owned 104,404 shares of the company’s stock, valued at $9,766,994.20. This trade represents a 27.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Delta Air Lines Stock Down 1.1%

DAL stock opened at $92.10 on Friday. The company’s 50 day moving average is $86.29 and its two-hundred day moving average is $74.77. Delta Air Lines, Inc. has a twelve month low of $52.88 and a twelve month high of $95.68. The company has a current ratio of 0.42, a quick ratio of 0.35 and a debt-to-equity ratio of 0.48. The stock has a market cap of $60.57 billion, a P/E ratio of 15.27, a PEG ratio of 1.17 and a beta of 1.31.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings results on Thursday, July 9th. The transportation company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.49 by $0.07. Delta Air Lines had a net margin of 5.79% and a return on equity of 17.52%. The firm had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.43 billion. During the same period last year, the business earned $2.10 EPS. Delta Air Lines’s revenue for the quarter was up 18.7% compared to the same quarter last year. Research analysts expect that Delta Air Lines, Inc. will post 6.54 earnings per share for the current fiscal year.

Delta Air Lines Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th were issued a dividend of $0.215 per share. The ex-dividend date of this dividend was Thursday, July 9th. This is a positive change from Delta Air Lines’s previous quarterly dividend of $0.19. This represents a $0.86 annualized dividend and a dividend yield of 0.9%. Delta Air Lines’s dividend payout ratio is 14.26%.

Institutional Investors Weigh In On Delta Air Lines

Several hedge funds have recently made changes to their positions in the business. J.Safra Asset Management Corp purchased a new position in shares of Delta Air Lines during the second quarter worth about $1,309,000. Bank of New York Mellon Corp purchased a new stake in Delta Air Lines during the 2nd quarter valued at approximately $1,182,646,000. Accel Wealth Management purchased a new stake in Delta Air Lines during the 2nd quarter valued at approximately $204,000. Tema ETFs LLC lifted its position in Delta Air Lines by 10.2% during the 2nd quarter. Tema ETFs LLC now owns 12,545 shares of the transportation company’s stock worth $1,175,000 after acquiring an additional 1,160 shares during the period. Finally, Revolve Wealth Partners LLC acquired a new stake in Delta Air Lines during the 2nd quarter worth approximately $1,379,000. Institutional investors and hedge funds own 69.93% of the company’s stock.

Analyst Upgrades and Downgrades

DAL has been the subject of a number of research analyst reports. Zacks Research raised Delta Air Lines from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 15th. Raymond James Financial lowered Delta Air Lines from a “strong-buy” rating to an “outperform” rating and lifted their price target for the stock from $80.00 to $104.00 in a research report on Monday, July 6th. Cantor Fitzgerald set a $112.00 price objective on Delta Air Lines in a research note on Tuesday, July 14th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $106.00 price objective on shares of Delta Air Lines in a research note on Monday, July 13th. Finally, Bank of America increased their price objective on Delta Air Lines from $93.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Twenty-three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Delta Air Lines presently has a consensus rating of “Moderate Buy” and a consensus target price of $100.40.

Key Stories Impacting Delta Air Lines

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

• Positive Sentiment: Oil prices extended their decline for a second consecutive session. If lower crude prices persist, Delta could benefit from reduced jet-fuel costs, improved margins and potentially stronger travel demand. Oil Just Lost its Inflation Premium: Here’s Who Wins if Prices Stay Low
• Positive Sentiment: LATAM Airlines reported an earnings beat driven by strong passenger and cargo revenue and raised its 2026 EBITDA outlook. The results suggest resilient air-travel demand that could support Delta’s revenue outlook despite fuel-cost pressure. LTM Q2 Earnings Beat on Strong Passenger and Cargo Revenues
• Positive Sentiment: Commentary comparing Delta with American Airlines identifies Delta’s loyalty program as a key differentiator, reinforcing the investment case around SkyMiles and premium customer retention. Better Airline Stock: Delta vs. American
• Neutral Sentiment: Zacks characterized DAL as both a strong momentum stock and a long-term value candidate. These assessments may support investor interest, but they are opinion-based and do not represent new company fundamentals. Here’s Why Delta Air Lines Is a Strong Momentum Stock
• Negative Sentiment: Multiple Delta insiders sold shares, including CEO Edward Bastian’s approximately $19.2 million sale, along with sizable sales by executives Steven Sear, Alain Bellemare and Peter Carter and directors David Dewalt and Michael Huerta. Although insider sales can reflect diversification or compensation, the number and scale of transactions may weigh on sentiment after the stock’s strong run. Delta Air Lines CEO Edward Bastian Sells Company Shares Worth $19.2 Million
• Negative Sentiment: Copa Holdings’ quarterly earnings fell sharply as higher jet-fuel costs squeezed margins and revenue lagged expectations. The report highlights ongoing industry-wide fuel-cost risks for Delta, particularly if oil prices rebound. Copa Holdings Q2 Earnings Miss on Higher Fuel Costs, Revenues Lag

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.