237,441 Delta Air Lines, Inc. $DAL Shares Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC reduced its stake in Delta Air Lines, Inc. (NYSE:DAL) by 94.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,627 shares of the transportation company’s stock after selling 237,441 shares during the period. Curated Wealth Partners LLC’s holdings in Delta Air Lines were worth $1,239,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Markowski Investments acquired a new stake in Delta Air Lines during the 2nd quarter worth $27,000. Timbuktu Capital Management LLC purchased a new stake in Delta Air Lines in the second quarter valued at $31,000. Elevation Wealth Partners LLC boosted its stake in Delta Air Lines by 195.9% in the second quarter. Elevation Wealth Partners LLC now owns 358 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 237 shares in the last quarter. Atlas Wealth LLC acquired a new position in Delta Air Lines in the first quarter valued at $35,000. Finally, Main Street Group LTD acquired a new position in Delta Air Lines in the first quarter valued at $36,000. Institutional investors and hedge funds own 69.93% of the company’s stock.

Delta Air Lines Stock Performance

DAL stock traded up $0.04 during trading on Thursday, hitting $76.69. The company had a trading volume of 2,581,458 shares, compared to its average volume of 8,570,778. The firm has a 50-day moving average price of $82.68 and a 200-day moving average price of $80.19. The company has a quick ratio of 0.32, a current ratio of 0.40 and a debt-to-equity ratio of 0.42. The firm has a market cap of $50.46 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 1.42 and a beta of 1.34. Delta Air Lines, Inc. has a 1-year low of $55.03 and a 1-year high of $95.68.

Delta Air Lines (NYSE:DAL) last announced its earnings results on Friday, October 9th. The transportation company reported $1.72 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.05). The company had revenue of $17.59 billion during the quarter, compared to analysts’ expectations of $17.64 billion. Delta Air Lines had a net margin of 4.58% and a return on equity of 16.83%. The company’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.71 earnings per share. Delta Air Lines has set its Q4 2026 guidance at 1.150-1.650 EPS and its FY 2026 guidance at 5.100-5.600 EPS. On average, analysts expect that Delta Air Lines, Inc. will post 5.34 earnings per share for the current year.

Delta Air Lines Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.2150 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, October 15th. Delta Air Lines’s payout ratio is 17.17%.

Insider Buying and Selling at Delta Air Lines

In other news, EVP Alain Bellemare sold 35,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the executive vice president directly owned 95,025 shares of the company’s stock, valued at $8,810,718. This trade represents a 26.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Peter Carter sold 39,900 shares of Delta Air Lines stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $92.98, for a total value of $3,709,902.00. Following the completion of the sale, the president owned 424,704 shares in the company, valued at approximately $39,488,977.92. This trade represents a 8.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 356,726 shares of company stock worth $33,081,037. 0.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Sanford C. Bernstein reduced their target price on Delta Air Lines from $106.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, October 7th. Wells Fargo & Company cut their price target on Delta Air Lines from $105.00 to $100.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 6th. Evercore boosted their price objective on Delta Air Lines from $85.00 to $105.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Rothschild & Co Redburn increased their price objective on Delta Air Lines from $104.00 to $105.00 and gave the company a “buy” rating in a report on Friday, September 18th. Finally, BMO Capital Markets raised their target price on shares of Delta Air Lines from $100.00 to $105.00 and gave the stock an “outperform” rating in a research report on Monday. Twenty-two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.65.

Delta Air Lines Profile

Delta Air Lines, Inc is a major U.S. airline that provides scheduled passenger and air freight transportation. The company serves destinations throughout the United States and connects customers to international markets across Europe, Asia, Latin America, Canada, Africa and the Caribbean through its own operations and regional airline partners.

Delta offers multiple classes of passenger service, including premium cabins and its main cabin, along with travel-related products such as vacation packages and loyalty benefits through the SkyMiles program.