10,116 Delta Air Lines, Inc. $DAL Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. raised its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 24.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,056 shares of the transportation company’s stock after buying an additional 10,116 shares during the quarter. Vise Technologies Inc.’s holdings in Delta Air Lines were worth $4,261,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of DAL. Parkside Financial Bank & Trust grew its stake in shares of Delta Air Lines by 3.8% in the second quarter. Parkside Financial Bank & Trust now owns 3,535 shares of the transportation company’s stock worth $331,000 after acquiring an additional 129 shares during the last quarter. Arlington Trust Co LLC raised its stake in Delta Air Lines by 11.7% during the 2nd quarter. Arlington Trust Co LLC now owns 1,238 shares of the transportation company’s stock valued at $116,000 after purchasing an additional 130 shares during the last quarter. Guardian Wealth Advisors LLC NC raised its stake in Delta Air Lines by 3.5% during the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 3,900 shares of the transportation company’s stock valued at $365,000 after purchasing an additional 131 shares during the last quarter. Founders Financial Securities LLC raised its stake in Delta Air Lines by 5.3% during the 3rd quarter. Founders Financial Securities LLC now owns 2,675 shares of the transportation company’s stock valued at $223,000 after purchasing an additional 135 shares during the last quarter. Finally, GoalVest Advisory LLC boosted its holdings in Delta Air Lines by 13.9% in the 3rd quarter. GoalVest Advisory LLC now owns 1,187 shares of the transportation company’s stock valued at $101,000 after purchasing an additional 145 shares during the period. 69.93% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Edward Bastian sold 50,000 shares of the stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $82.00, for a total value of $4,100,000.00. Following the completion of the transaction, the chief executive officer owned 1,313,448 shares of the company’s stock, valued at $107,702,736. This represents a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on DAL. Jefferies Financial Group raised their price target on shares of Delta Air Lines from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Citigroup boosted their price objective on shares of Delta Air Lines from $106.00 to $110.00 and gave the stock a “buy” rating in a report on Sunday, July 12th. Susquehanna cut their price objective on shares of Delta Air Lines from $100.00 to $95.00 and set a “positive” rating for the company in a research report on Monday, October 12th. Zacks Research cut shares of Delta Air Lines from a “hold” rating to a “strong sell” rating in a research note on Monday, September 28th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Delta Air Lines in a research report on Monday, October 19th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $99.65.

Delta Air Lines Stock Performance

Shares of NYSE DAL opened at $83.39 on Wednesday. The business has a fifty day simple moving average of $80.52 and a 200 day simple moving average of $76.85. The company has a current ratio of 0.40, a quick ratio of 0.32 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $54.87 billion, a price-to-earnings ratio of 16.65, a PEG ratio of 1.49 and a beta of 1.43. Delta Air Lines, Inc. has a one year low of $55.03 and a one year high of $95.68.

Delta Air Lines (NYSE:DAL) last issued its earnings results on Friday, October 9th. The transportation company reported $1.72 EPS for the quarter, missing the consensus estimate of $1.77 by ($0.05). The firm had revenue of $17.59 billion during the quarter, compared to the consensus estimate of $17.64 billion. Delta Air Lines had a return on equity of 16.83% and a net margin of 4.58%. The firm’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period last year, the business earned $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. Sell-side analysts expect that Delta Air Lines, Inc. will post 5.34 EPS for the current year.

Delta Air Lines Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 5th. Investors of record on Thursday, October 15th will be paid a $0.2150 dividend. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $0.86 dividend on an annualized basis and a yield of 1.0%. Delta Air Lines’s payout ratio is presently 17.17%.

Delta Air Lines Company Profile

Delta Air Lines, Inc is a major U.S. airline headquartered in Atlanta, Georgia. The company provides scheduled passenger air transportation to destinations across the United States and international markets, including Europe, Latin America, Asia, Canada, Africa and the Caribbean. Delta operates through a network of hubs and focus cities, offering service under the Delta brand and through regional partners operating as Delta Connection.

In addition to passenger flights, Delta provides air cargo transportation and related logistics services.