Capital International Ltd. CA Cuts Position in Delta Air Lines, Inc. $DAL

Capital International Ltd. CA lowered its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 18.9% during the third quarter, Holdings Channel.com reports. The firm owned 77,762 shares of the transportation company’s stock after selling 18,131 shares during the quarter. Capital International Ltd. CA’s holdings in Delta Air Lines were worth $4,413,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in DAL. Federated Hermes Inc. boosted its stake in Delta Air Lines by 7.7% in the third quarter. Federated Hermes Inc. now owns 358,870 shares of the transportation company’s stock valued at $20,366,000 after acquiring an additional 25,507 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Delta Air Lines by 10.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 87,344 shares of the transportation company’s stock worth $4,957,000 after acquiring an additional 8,309 shares in the last quarter. Independent Advisor Alliance increased its holdings in shares of Delta Air Lines by 41.3% during the third quarter. Independent Advisor Alliance now owns 53,601 shares of the transportation company’s stock valued at $3,042,000 after acquiring an additional 15,661 shares in the last quarter. National Pension Service purchased a new stake in shares of Delta Air Lines during the third quarter valued at $1,201,000. Finally, Thrivent Financial for Lutherans increased its position in shares of Delta Air Lines by 39.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock valued at $118,409,000 after acquiring an additional 685,312 shares during the period. 69.93% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Delta Air Lines news, EVP Steven M. Sear sold 38,600 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $75.05, for a total value of $2,896,930.00. Following the transaction, the executive vice president directly owned 104,404 shares of the company’s stock, valued at $7,835,520.20. This trade represents a 26.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Alain Bellemare sold 36,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $69.21, for a total value of $2,491,560.00. Following the completion of the sale, the executive vice president owned 95,731 shares of the company’s stock, valued at $6,625,542.51. This trade represents a 27.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 620,550 shares of company stock worth $44,127,667 in the last ninety days. Company insiders own 0.96% of the company’s stock.

Wall Street Analysts Forecast Growth

DAL has been the subject of several research analyst reports. Jefferies Financial Group raised their price objective on Delta Air Lines from $72.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. BNP Paribas Exane boosted their target price on shares of Delta Air Lines from $70.00 to $85.00 and gave the company an “outperform” rating in a research report on Monday, December 8th. Citigroup reaffirmed a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Raymond James Financial restated a “strong-buy” rating and issued a $80.00 target price on shares of Delta Air Lines in a research note on Friday, December 19th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $81.00 price target on shares of Delta Air Lines in a report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Delta Air Lines has a consensus rating of “Buy” and a consensus price target of $79.93.

Delta Air Lines Stock Up 2.7%

Delta Air Lines stock opened at $60.62 on Tuesday. Delta Air Lines, Inc. has a 12 month low of $34.74 and a 12 month high of $76.39. The stock has a market capitalization of $39.59 billion, a PE ratio of 7.90, a price-to-earnings-growth ratio of 0.57 and a beta of 1.34. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34. The business has a 50 day simple moving average of $68.81 and a 200-day simple moving average of $64.18.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.53 by $0.02. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. The company had revenue of $14.61 billion during the quarter, compared to analyst estimates of $15.80 billion. During the same quarter in the previous year, the firm earned $1.85 EPS. The firm’s revenue was up 2.9% compared to the same quarter last year. Delta Air Lines has set its Q1 2026 guidance at 0.500-0.900 EPS and its FY 2026 guidance at 6.500-7.500 EPS. On average, analysts anticipate that Delta Air Lines, Inc. will post 7.63 EPS for the current fiscal year.

Delta Air Lines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, February 26th will be paid a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, February 26th. Delta Air Lines’s dividend payout ratio is currently 9.78%.

About Delta Air Lines

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.