Ritholtz Wealth Management Buys 7,498 Shares of Delta Air Lines, Inc. $DAL

Ritholtz Wealth Management boosted its stake in Delta Air Lines, Inc. (NYSE:DAL) by 39.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,504 shares of the transportation company’s stock after buying an additional 7,498 shares during the quarter. Ritholtz Wealth Management’s holdings in Delta Air Lines were worth $1,762,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of DAL. Brighton Jones LLC raised its holdings in shares of Delta Air Lines by 33.5% in the fourth quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock valued at $555,000 after purchasing an additional 2,302 shares during the last quarter. Acadian Asset Management LLC purchased a new position in Delta Air Lines during the first quarter worth about $178,000. Sivia Capital Partners LLC purchased a new position in Delta Air Lines during the second quarter worth about $555,000. Marshall Wace LLP grew its position in Delta Air Lines by 102.2% in the 2nd quarter. Marshall Wace LLP now owns 7,825 shares of the transportation company’s stock worth $385,000 after purchasing an additional 357,825 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its position in Delta Air Lines by 10.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 58,129 shares of the transportation company’s stock worth $2,859,000 after purchasing an additional 5,564 shares in the last quarter. 69.93% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Delta Air Lines

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

• Positive Sentiment: Delta’s recent dividend hike and ongoing share buybacks signal financial strength and shareholder-friendly capital allocation. Should Investors Buy Delta Air Lines Stock Post Latest Dividend Hike?
• Positive Sentiment: Evercore raised its price target on Delta Air Lines (DAL) to $105 from $85 and reiterated an outperform rating, suggesting more upside potential. Evercore target raise
• Positive Sentiment: Analysts and market commentary are highlighting improving airline demand, easing oil prices, and a constructive setup ahead of Delta’s upcoming earnings report. What to Expect From Delta Air Lines’ Q2 2026 Earnings Report
• Neutral Sentiment: Delta is featured in multiple stock-watch and analyst roundup pieces, keeping the name in focus but without a clearly new fundamental update. Zacks Market Edge Highlights: Delta Air Lines, Ryder and Wabtec
• Negative Sentiment: Some analysts caution that Delta could miss Q2 earnings expectations or issue softer Q3 guidance, which would pressure the stock if confirmed. Delta Air Lines: Bracing For A Potential Q2 Earnings Miss And Light Q3 Guidance

Delta Air Lines Trading Up 0.7%

Shares of DAL stock opened at $92.72 on Friday. The company has a 50 day moving average of $76.72 and a 200-day moving average of $71.07. The company has a quick ratio of 0.36, a current ratio of 0.42 and a debt-to-equity ratio of 0.54. Delta Air Lines, Inc. has a 12-month low of $48.24 and a 12-month high of $95.14. The firm has a market cap of $60.91 billion, a P/E ratio of 13.52, a PEG ratio of 1.50 and a beta of 1.30.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings data on Wednesday, April 8th. The transportation company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. Delta Air Lines had a return on equity of 20.28% and a net margin of 6.87%.The business had revenue of $14.20 billion during the quarter, compared to analyst estimates of $14.05 billion. During the same period in the prior year, the company earned $0.46 earnings per share. Delta Air Lines’s revenue was up 9.4% compared to the same quarter last year. Sell-side analysts anticipate that Delta Air Lines, Inc. will post 5.36 earnings per share for the current year.

Delta Air Lines Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 9th will be issued a $0.215 dividend. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $0.86 annualized dividend and a yield of 0.9%. Delta Air Lines’s payout ratio is 10.93%.

Insider Activity at Delta Air Lines

In other news, EVP John E. Laughter sold 15,000 shares of Delta Air Lines stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $71.61, for a total value of $1,074,150.00. Following the completion of the transaction, the executive vice president owned 54,369 shares in the company, valued at $3,893,364.09. This trade represents a 21.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Alain Bellemare sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the completion of the sale, the executive vice president directly owned 95,025 shares in the company, valued at approximately $7,738,836. This trade represents a 20.83% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 149,635 shares of company stock worth $10,833,855. Company insiders own 0.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Bank of America lifted their target price on shares of Delta Air Lines from $78.00 to $93.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Barclays upped their target price on Delta Air Lines from $85.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday. Morgan Stanley increased their price target on Delta Air Lines from $90.00 to $105.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Seaport Research Partners lifted their price target on Delta Air Lines from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Finally, Wells Fargo & Company cut their price objective on Delta Air Lines from $87.00 to $75.00 and set an “overweight” rating on the stock in a research report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $86.26.

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.