Delta Air Lines, Inc. $DAL Shares Acquired by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D grew its position in Delta Air Lines, Inc. (NYSE:DAL) by 24.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 56,292 shares of the transportation company’s stock after purchasing an additional 11,209 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Delta Air Lines were worth $3,907,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. AlphaQuest LLC grew its holdings in Delta Air Lines by 90.6% during the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after acquiring an additional 211 shares during the period. Accredited Wealth Management LLC grew its holdings in Delta Air Lines by 1,983.3% during the third quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after acquiring an additional 476 shares during the period. SWAN Capital LLC grew its holdings in Delta Air Lines by 1,016.0% during the third quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock worth $32,000 after acquiring an additional 508 shares during the period. Camelot Portfolios LLC acquired a new stake in Delta Air Lines during the fourth quarter worth about $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Delta Air Lines during the third quarter worth about $35,000. 69.93% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DAL has been the topic of several analyst reports. Rothschild & Co Redburn dropped their target price on Delta Air Lines from $72.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. BNP Paribas Exane dropped their target price on Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating on the stock in a report on Tuesday, April 21st. Dbs Bank raised Delta Air Lines to a “moderate buy” rating in a report on Monday, January 19th. Barclays raised their target price on Delta Air Lines from $65.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Finally, Argus raised their target price on Delta Air Lines from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $79.10.

Delta Air Lines News Summary

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

• Positive Sentiment: Spirit Airlines ceased operations, removing a low‑fare competitor and potentially improving Delta’s pricing power and market share on some routes. Spirit Airlines shutdown
• Neutral Sentiment: Other major carriers have trimmed networks and canceled flights amid geopolitical disruption and fuel pressure — this could tighten industry capacity (supporting fares) but also signals broader demand/capacity reshuffling. Airlines trimming networks
• Negative Sentiment: Jet fuel prices have surged since fighting in Iran and Strait of Hormuz closures, increasing Delta’s biggest variable cost and prompting capacity cuts — a clear margin headwind. Jet fuel prices soaring (Barron’s) Jet fuel prices soaring (Yahoo)
• Negative Sentiment: Delta canceled hundreds of flights this weekend due to crew scheduling issues, an internal memo shows — such disruptions reduce near‑term revenue and can hurt customer confidence. Delta flight cancellations (Business Insider)
• Negative Sentiment: Recent pay rises for Delta staff increase labor costs at a time of rising fuel expenses, compressing margins even if revenue per passenger improves. Delta pay rise cost pressure

Insider Buying and Selling

In other news, EVP John E. Laughter sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $71.61, for a total value of $1,074,150.00. Following 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 legal filing with the SEC, which is available through this link. Also, CEO Edward H. Bastian sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $70.26, for a total value of $7,026,000.00. Following the completion of the transaction, the chief executive officer owned 1,363,448 shares in the company, valued at approximately $95,795,856.48. This trade represents a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 347,644 shares of company stock valued at $24,776,445 in the last 90 days. Corporate insiders own 0.80% of the company’s stock.

Delta Air Lines Stock Down 0.7%

Shares of DAL opened at $68.48 on Tuesday. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 0.54. Delta Air Lines, Inc. has a 12 month low of $43.57 and a 12 month high of $76.39. The stock’s 50 day moving average is $66.11 and its two-hundred day moving average is $66.04. The firm has a market cap of $44.99 billion, a P/E ratio of 9.98, a PEG ratio of 1.01 and a beta of 1.25.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data on Wednesday, April 8th. The transportation company reported $0.64 EPS 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 company had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.05 billion. During the same period last year, the company earned $0.46 earnings per share. Delta Air Lines’s quarterly revenue was up 9.4% compared to the same quarter last year. Analysts predict that Delta Air Lines, Inc. will post 5.3 earnings per share for the current fiscal year.

Delta Air Lines Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be issued a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, May 14th. Delta Air Lines’s dividend payout ratio (DPR) is presently 10.93%.

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.