Delta Air Lines (NYSE:DAL) EVP Erik Storey Snell Sells 39,420 Shares

Delta Air Lines, Inc. (NYSE:DAL) EVP Erik Storey Snell sold 39,420 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $71.02, for a total value of $2,799,608.40. Following the sale, the executive vice president directly owned 35,625 shares in the company, valued at $2,530,087.50. The trade was a 52.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Delta Air Lines Trading Up 2.2%

Shares of NYSE:DAL traded up $1.49 during trading on Wednesday, hitting $68.95. The company had a trading volume of 9,782,639 shares, compared to its average volume of 8,721,844. The stock has a market cap of $45.02 billion, a price-to-earnings ratio of 8.99, a price-to-earnings-growth ratio of 0.85 and a beta of 1.38. 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 company has a fifty day simple moving average of $67.17 and a two-hundred day simple moving average of $61.17. Delta Air Lines, Inc. has a one year low of $34.74 and a one year high of $73.16.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.02. The company had revenue of $14.61 billion for the quarter, compared to analyst estimates of $15.80 billion. Delta Air Lines had a return on equity of 20.99% and a net margin of 7.90%.Delta Air Lines’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.85 EPS. 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. As a group, equities analysts forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

DAL has been the subject of several analyst reports. Raymond James Financial reissued a “strong-buy” rating and issued a $80.00 price objective on shares of Delta Air Lines in a research note on Friday, December 19th. Barclays increased their price target on Delta Air Lines from $65.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Rothschild & Co Redburn boosted their price objective on Delta Air Lines from $65.00 to $72.00 in a report on Tuesday, October 14th. TD Cowen reaffirmed a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Delta Air Lines from $63.00 to $72.00 and gave the stock a “buy” rating in a research report on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. Based on data from MarketBeat, Delta Air Lines presently has an average rating of “Buy” and a consensus price target of $80.47.

Institutional Trading of Delta Air Lines

Several institutional investors and hedge funds have recently made changes to their positions in the company. First Financial Bank Trust Division increased its position in Delta Air Lines by 3.3% during the 4th quarter. First Financial Bank Trust Division now owns 4,721 shares of the transportation company’s stock valued at $328,000 after purchasing an additional 150 shares during the period. JFS Wealth Advisors LLC boosted its stake in shares of Delta Air Lines by 25.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 794 shares of the transportation company’s stock valued at $55,000 after purchasing an additional 161 shares in the last quarter. Apella Capital LLC boosted its stake in shares of Delta Air Lines by 4.6% during the fourth quarter. Apella Capital LLC now owns 3,717 shares of the transportation company’s stock valued at $258,000 after purchasing an additional 164 shares in the last quarter. Private Trust Co. NA increased its holdings in Delta Air Lines by 3.3% during the third quarter. Private Trust Co. NA now owns 5,493 shares of the transportation company’s stock valued at $312,000 after buying an additional 174 shares during the period. Finally, HBK Sorce Advisory LLC raised its stake in Delta Air Lines by 3.2% in the third quarter. HBK Sorce Advisory LLC now owns 5,871 shares of the transportation company’s stock worth $362,000 after buying an additional 181 shares in the last quarter. 69.93% of the stock is currently owned by institutional investors.

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.