GK Wealth Management LLC Buys New Shares in Delta Air Lines, Inc. $DAL

GK Wealth Management LLC bought a new position in Delta Air Lines, Inc. (NYSE:DAL) during the second quarter, according to the company in its most recent filing with the SEC. The firm bought 6,543 shares of the transportation company’s stock, valued at approximately $613,000.

Several other hedge funds have also added to or reduced their stakes in DAL. Brighton Jones LLC grew its stake in shares of Delta Air Lines by 33.5% during the fourth quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock valued at $555,000 after buying an additional 2,302 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of Delta Air Lines in the 1st quarter valued at about $178,000. Sivia Capital Partners LLC purchased a new stake in Delta Air Lines during the 2nd quarter valued at about $555,000. Marshall Wace LLP boosted its holdings in Delta Air Lines by 102.2% during the 2nd quarter. Marshall Wace LLP now owns 7,825 shares of the transportation company’s stock valued at $385,000 after acquiring an additional 357,825 shares during the period. Finally, Daiwa Securities Group Inc. grew its position in Delta Air Lines by 10.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 58,129 shares of the transportation company’s stock worth $2,859,000 after acquiring an additional 5,564 shares during the last quarter. 69.93% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Alain Bellemare sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $81.44, for a total value of $2,036,000.00. Following the completion of the sale, the executive vice president directly owned 95,025 shares of the company’s stock, valued at approximately $7,738,836. This trade represents a 20.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Allison C. Ausband sold 9,710 shares of Delta Air Lines stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $76.00, for a total transaction of $737,960.00. Following the sale, the executive vice president directly owned 138,854 shares in the company, valued at $10,552,904. The trade was a 6.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 65,331 shares of company stock worth $5,036,638. Insiders own 0.80% of the company’s stock.

More Delta Air Lines News

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

• Positive Sentiment: Airline stocks benefited from lower oil prices, which can reduce one of Delta’s largest operating expenses. The move also followed Delta’s latest quarterly update, in which results exceeded guidance, demand remained broad-based and management reaffirmed its full-year adjusted earnings outlook of $6.50–$7.50 per share. Delta Air Lines Gains as Lower Oil Prices Lift Airline Shares
• Positive Sentiment: A recent analysis argues that higher fuel costs could produce unexpectedly positive results for DAL, potentially supporting industry pricing power and benefiting carriers with stronger execution or relative competitive advantages. However, fuel inflation remains a margin risk if airlines cannot fully pass costs to customers. Delta Air Lines: Higher Fuel Costs Might Produce Surprising Gains
• Positive Sentiment: Delta is expanding service for CES 2027, including special nonstop flights from Hong Kong, Shanghai, Taipei and Seoul to Las Vegas. The added capacity could provide incremental premium and international travel revenue while strengthening Delta’s corporate-event network. Delta Air Lines expands CES 2027 service
• Neutral Sentiment: Brokerage coverage continues to lean favorable, with analysts maintaining a “Moderate Buy” consensus and a reported median price target of $105, above recent trading levels. This supports sentiment but is not a new earnings catalyst. Delta Air Lines Given Average Recommendation of Moderate Buy
• Negative Sentiment: Reported insider activity shows executives selling shares, with no open-market purchases during the cited six-month period. Such selling may weigh modestly on sentiment, although transactions can reflect compensation, diversification or scheduled plans rather than a view on Delta’s fundamentals.

Delta Air Lines Trading Up 1.4%

DAL opened at $92.84 on Wednesday. Delta Air Lines, Inc. has a one year low of $51.52 and a one year high of $95.68. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.42 and a quick ratio of 0.35. The business has a 50 day simple moving average of $85.87 and a two-hundred day simple moving average of $74.47. The firm has a market capitalization of $61.05 billion, a price-to-earnings ratio of 15.40, a PEG ratio of 1.15 and a beta of 1.31.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data on Thursday, July 9th. The transportation company reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $17.67 billion for the quarter, compared to analyst estimates of $17.43 billion. During the same period last year, the company earned $2.10 EPS. The business’s quarterly revenue was up 18.7% compared to the same quarter last year. Analysts predict that Delta Air Lines, Inc. will post 6.54 EPS for the current year.

Delta Air Lines Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Thursday, July 9th were issued a $0.215 dividend. This represents a $0.86 annualized dividend and a yield of 0.9%. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date was Thursday, July 9th. Delta Air Lines’s dividend payout ratio (DPR) is presently 14.26%.

Analysts Set New Price Targets

A number of equities analysts have commented on DAL shares. Barclays lifted their price target on Delta Air Lines from $85.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Weiss Ratings upgraded shares of Delta Air Lines from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, July 21st. Citigroup lifted their target price on shares of Delta Air Lines from $106.00 to $110.00 and gave the stock a “buy” rating in a research note on Sunday, July 12th. BNP Paribas Exane lowered their price target on shares of Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating for the company in a report on Tuesday, April 21st. Finally, Wells Fargo & Company increased their price target on shares of Delta Air Lines from $75.00 to $105.00 and gave the company an “overweight” rating in a research report on Tuesday, June 30th. Twenty-three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.