SkyOak Wealth LLC Invests $432,000 in Delta Air Lines, Inc. $DAL

SkyOak Wealth LLC bought a new stake in Delta Air Lines, Inc. (NYSE:DAL) in the third quarter, HoldingsChannel reports. The fund bought 7,612 shares of the transportation company’s stock, valued at approximately $432,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted 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 acquiring an additional 2,302 shares during the period. Federation des caisses Desjardins du Quebec raised its position in Delta Air Lines by 49.5% in the 1st quarter. Federation des caisses Desjardins du Quebec now owns 26,389 shares of the transportation company’s stock valued at $1,151,000 after purchasing an additional 8,733 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Delta Air Lines by 2.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 79,445 shares of the transportation company’s stock worth $3,464,000 after purchasing an additional 1,576 shares during the period. NewEdge Advisors LLC boosted its stake in Delta Air Lines by 10.7% during the 1st quarter. NewEdge Advisors LLC now owns 40,427 shares of the transportation company’s stock worth $1,763,000 after purchasing an additional 3,894 shares during the period. Finally, Nissay Asset Management Corp Japan ADV grew its position in Delta Air Lines by 3.0% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 21,785 shares of the transportation company’s stock worth $950,000 after purchasing an additional 637 shares during the last quarter. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Delta Air Lines News Summary

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

• Positive Sentiment: Bank of America raised its price target on DAL to $80 and kept a Buy rating, giving the stock upside from current levels and signaling stronger sell‑side conviction. Benzinga coverage of BofA PT raise
• Positive Sentiment: Delta announced a high‑profile partnership with Sphere to create premium branded experiences (lighting the sky/the Sphere tie‑ins). Investors are treating this as part of a strategy to bolster Delta’s premium product and ancillary revenue. Can Delta’s Sphere Partnership Sharpen Its Premium Brand Strategy for Investors in Delta Air Lines (DAL)?
• Positive Sentiment: Delta is adding more Caribbean capacity after FAA curbs were lifted (+2,600+ seats) and extended travel waivers, which should help near‑term revenue as leisure demand recovers. Delta Air Lines Boosts Caribbean Capacity After Airspace Reopens
• Positive Sentiment: Momentum note: analysts and commentators point to lower expected fuel costs and recent upgrades as drivers of DAL’s multi‑month rally (44% over six months), supporting investor sentiment. DAL Stock: What’s Happening With Delta Airlines?
• Neutral Sentiment: Delta confirmed its upcoming Q4 earnings release date; investors will be watching the print and guidance for clarity on margins, capacity plans and cost trajectory. Delta Air Lines (DAL) to Release Quarterly Earnings on Tuesday
• Neutral Sentiment: Macro calendar: “Jobs Week” (ADP, JOLTS, BLS) could influence broader travel demand sentiment and fares, so near‑term macro prints are a watch item. Looking Ahead to a New “Jobs Week”
• Negative Sentiment: Zacks previews warn Q4 earnings are likely to decline and that Delta lacks the two key ingredients historically needed for an earnings beat — this raises the risk of a disappointing print versus high expectations. Earnings Preview: Delta Air Lines (DAL) Q4 Earnings Expected to Decline
• Negative Sentiment: Analyst commentary flags near‑term pressure from higher labor costs and the potential impact of a government shutdown on operations and bookings, which could compress margins even with solid holiday travel. Delta Air Lines to Report Q4 Earnings: What’s in the Offing?

Wall Street Analyst Weigh In

A number of brokerages have recently commented on DAL. UBS Group assumed coverage on shares of Delta Air Lines in a report on Friday, December 12th. They issued a “buy” rating and a $90.00 target price for the company. BNP Paribas Exane upped their price objective on Delta Air Lines from $70.00 to $85.00 and gave the company an “outperform” rating in a research note on Monday, December 8th. Dbs Bank raised Delta Air Lines from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Seaport Global Securities lifted their target price on Delta Air Lines from $69.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, September 11th. Finally, Cowen restated a “buy” rating on shares of Delta Air Lines in a research note on Thursday, December 4th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. Based on data from MarketBeat, Delta Air Lines has an average rating of “Buy” and an average price target of $75.77.

Delta Air Lines Stock Performance

NYSE DAL opened at $72.11 on Wednesday. The stock has a market capitalization of $47.08 billion, a price-to-earnings ratio of 10.16, a PEG ratio of 1.29 and a beta of 1.38. The business’s 50 day moving average is $64.67 and its two-hundred day moving average is $59.70. Delta Air Lines, Inc. has a 12-month low of $34.74 and a 12-month high of $73.16. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.68.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings results on Tuesday, March 15th. The transportation company reported $0.22 earnings per share for the quarter. Delta Air Lines had a return on equity of 23.83% and a net margin of 7.36%.The firm had revenue of $8.40 billion for the quarter. Research analysts expect that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Insider Buying and Selling at Delta Air Lines

In other Delta Air Lines news, EVP John E. Laughter sold 23,323 shares of the business’s stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $62.33, for a total transaction of $1,453,722.59. Following the sale, the executive vice president directly owned 81,109 shares in the company, valued at approximately $5,055,523.97. The trade was a 22.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP William C. Carroll sold 14,010 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $61.25, for a total transaction of $858,112.50. Following the transaction, the senior vice president directly owned 15,816 shares in the company, valued at approximately $968,730. This trade represents a 46.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.96% of the stock is currently owned by insiders.

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.