Vestmark Advisory Solutions Inc. Invests $741,000 in Delta Air Lines, Inc. $DAL

Vestmark Advisory Solutions Inc. bought a new stake in Delta Air Lines, Inc. (NYSE:DAL) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 13,061 shares of the transportation company’s stock, valued at approximately $741,000.

Several other hedge funds have also bought and sold shares of DAL. Bleakley Financial Group LLC raised its stake in Delta Air Lines by 11.0% in the third quarter. Bleakley Financial Group LLC now owns 12,725 shares of the transportation company’s stock valued at $722,000 after buying an additional 1,263 shares during the period. Lansforsakringar Fondforvaltning AB publ boosted its position in Delta Air Lines by 2.6% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 51,516 shares of the transportation company’s stock worth $2,924,000 after purchasing an additional 1,296 shares during the period. Intrust Bank NA increased its holdings in shares of Delta Air Lines by 5.4% in the third quarter. Intrust Bank NA now owns 20,574 shares of the transportation company’s stock valued at $1,168,000 after purchasing an additional 1,057 shares during the last quarter. Asahi Life Asset Management CO. LTD. acquired a new position in shares of Delta Air Lines in the third quarter valued at $358,000. Finally, Tredje AP fonden raised its position in shares of Delta Air Lines by 32.5% in the third quarter. Tredje AP fonden now owns 28,062 shares of the transportation company’s stock valued at $1,593,000 after purchasing an additional 6,891 shares during the period. 69.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DAL. Evercore lifted their target price on shares of Delta Air Lines from $75.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Weiss Ratings restated a “buy (b-)” rating on shares of Delta Air Lines in a report on Wednesday, January 21st. Dbs Bank upgraded Delta Air Lines to a “moderate buy” rating in a research note on Monday, January 19th. Wells Fargo & Company set a $87.00 price target on Delta Air Lines in a research note on Thursday, December 18th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Delta Air Lines in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $80.47.

Delta Air Lines Price Performance

Delta Air Lines stock opened at $70.44 on Friday. The firm has a market cap of $46.01 billion, a PE ratio of 9.18, a price-to-earnings-growth ratio of 0.67 and a beta of 1.37. 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 stock’s fifty day moving average price is $69.94 and its two-hundred day moving average price is $63.91. Delta Air Lines, Inc. has a one year low of $34.74 and a one year high of $76.39.

Delta Air Lines (NYSE:DAL) last released its earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, topping 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 20.96% and a net margin of 7.90%.Delta Air Lines’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period 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, research analysts expect that Delta Air Lines, Inc. will post 7.63 EPS for the current fiscal year.

Delta Air Lines Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, February 26th will be issued a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, February 26th. Delta Air Lines’s dividend payout ratio is 9.78%.

Insider Buying and Selling at Delta Air Lines

In other Delta Air Lines news, EVP Rahul D. Samant sold 62,528 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $70.18, for a total value of $4,388,215.04. Following the sale, the executive vice president owned 20,939 shares of the company’s stock, valued at approximately $1,469,499.02. This trade represents a 74.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Alain Bellemare sold 35,212 shares of the business’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $75.20, for a total value of $2,647,942.40. Following the transaction, the executive vice president directly owned 138,176 shares of the company’s stock, valued at $10,390,835.20. This trade represents a 20.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 520,550 shares of company stock worth $37,101,667 in the last three months. Company insiders own 0.88% of the company’s stock.

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.