Delta Air Lines (NYSE:DAL) EVP Sells $3,245,200.00 in Stock

Delta Air Lines, Inc. (NYSE:DAL) EVP Alain Bellemare sold 35,000 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $92.72, for a total value of $3,245,200.00. Following the sale, the executive vice president directly owned 95,025 shares in the company, valued at $8,810,718. This represents a 26.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Alain Bellemare also recently made the following trade(s):

• On Wednesday, May 27th, Alain Bellemare sold 25,000 shares of Delta Air Lines stock. The shares were sold at an average price of $81.44, for a total value of $2,036,000.00.
• On Thursday, May 7th, Alain Bellemare sold 20,621 shares of Delta Air Lines stock. The shares were sold at an average price of $72.75, for a total value of $1,500,177.75.

Delta Air Lines Stock Down 0.7%

Shares of DAL opened at $91.31 on Friday. The company has a market capitalization of $60.05 billion, a price-to-earnings ratio of 15.14, a PEG ratio of 1.16 and a beta of 1.31. Delta Air Lines, Inc. has a 52 week low of $52.88 and a 52 week high of $95.68. The stock’s 50-day moving average price is $86.47 and its 200-day moving average price is $74.89. 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 (NYSE:DAL) last announced its quarterly earnings results on Thursday, July 9th. The transportation company reported $1.56 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $17.67 billion during the quarter, compared to analysts’ expectations of $17.43 billion. During the same period last year, the business earned $2.10 earnings per share. Delta Air Lines’s quarterly revenue was up 18.7% on a year-over-year basis. On average, sell-side analysts predict that Delta Air Lines, Inc. will post 6.54 EPS for the current year.

Delta Air Lines Increases Dividend

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

Institutional Investors Weigh In On Delta Air Lines

Several institutional investors and hedge funds have recently added to or reduced their stakes in DAL. Commerzbank Aktiengesellschaft FI purchased a new position in Delta Air Lines during the second quarter valued at $258,000. J.Safra Asset Management Corp acquired a new stake in shares of Delta Air Lines in the second quarter valued at about $1,309,000. Bank of New York Mellon Corp purchased a new stake in shares of Delta Air Lines during the second quarter worth about $1,182,646,000. Accel Wealth Management purchased a new stake in shares of Delta Air Lines during the second quarter worth about $204,000. Finally, Tema ETFs LLC raised its position in shares of 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 purchasing an additional 1,160 shares during the last quarter. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Delta Air Lines News Summary

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

• Positive Sentiment: Delta’s latest quarterly results exceeded expectations, with earnings per share of $1.56 versus the $1.49 consensus and revenue of $17.67 billion versus estimates of $17.43 billion. Revenue increased 18.7% year over year, supporting the view that demand and pricing remain solid.
• Positive Sentiment: Analyst coverage remains favorable: 23 analysts rate DAL a Buy and two rate it Hold, with an average price target of $100.40. Recent target increases from JPMorgan, UBS, Argus and other firms suggest additional upside from current levels.
• Positive Sentiment: LATAM Airlines’ earnings beat, driven by stronger passenger and cargo revenue, indicates resilient international travel demand. LATAM’s improved 2026 outlook could reinforce expectations for healthy traffic and premium revenue across the airline industry. LTM Q2 Earnings Beat on Strong Passenger and Cargo Revenues
• Neutral Sentiment: Corporate customers are resisting restrictive, low-priced business- and premium-economy fares because flexibility to change flights is considered more valuable than the initial discount. This could limit Delta’s ability to expand revenue through stripped-down premium products, although it may preserve demand for higher-priced flexible fares. Companies scoff at airlines’ cheapest business class tickets
• Negative Sentiment: Several insiders sold substantial positions after DAL’s sharp advance, including CEO Edward Bastian’s roughly $19.2 million sale, along with transactions by executives and directors. While such sales may reflect diversification or compensation, their timing and scale can pressure investor sentiment. Delta Air Lines CEO Edward Bastian Sells Company Shares Worth $19.2 Million
• Negative Sentiment: Copa Holdings’ earnings decline caused by higher jet-fuel costs highlights the airline industry’s vulnerability to energy prices and margin compression. Separately, concerns about the Iran war may increase geopolitical and fuel-cost risk for airlines, even though the cited analyst downgrade directly targets JetBlue rather than Delta. Copa Holdings Q2 Earnings Miss on Higher Fuel Costs, Revenues Lag

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. BNP Paribas Exane lowered their price target on shares of Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating on the stock in a report on Tuesday, April 21st. UBS Group upped their price objective on shares of Delta Air Lines from $107.00 to $112.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Cantor Fitzgerald set a $112.00 target price on shares of Delta Air Lines in a research note on Tuesday, July 14th. Evercore raised their target price on Delta Air Lines from $85.00 to $105.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Finally, Morgan Stanley lifted their price target on Delta Air Lines from $115.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. Twenty-three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $100.40.

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.