Delta Air Lines, Inc. $DAL Stock Position Trimmed by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. decreased its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 10.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 56,532 shares of the transportation company’s stock after selling 6,437 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in Delta Air Lines were worth $4,718,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. 71 West Capital Partners increased its stake in shares of Delta Air Lines by 2.3% in the 3rd quarter. 71 West Capital Partners now owns 5,518 shares of the transportation company’s stock valued at $461,000 after buying an additional 123 shares during the period. Parkside Financial Bank & Trust raised its position in shares of Delta Air Lines by 3.8% during the second quarter. Parkside Financial Bank & Trust now owns 3,535 shares of the transportation company’s stock worth $331,000 after acquiring an additional 129 shares during the last quarter. Arlington Trust Co LLC raised its position in shares of Delta Air Lines by 11.7% during the second quarter. Arlington Trust Co LLC now owns 1,238 shares of the transportation company’s stock worth $116,000 after acquiring an additional 130 shares during the last quarter. Guardian Wealth Advisors LLC NC raised its position in shares of Delta Air Lines by 3.5% during the second quarter. Guardian Wealth Advisors LLC NC now owns 3,900 shares of the transportation company’s stock worth $365,000 after acquiring an additional 131 shares during the last quarter. Finally, REAP Financial Group LLC lifted its stake in shares of Delta Air Lines by 6.6% during the third quarter. REAP Financial Group LLC now owns 2,119 shares of the transportation company’s stock valued at $177,000 after acquiring an additional 131 shares during the period. 69.93% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on DAL. Sanford C. Bernstein decreased their price target on Delta Air Lines from $106.00 to $100.00 and set an “outperform” rating on the stock in a report on Wednesday, October 7th. Cantor Fitzgerald set a $101.00 price objective on Delta Air Lines in a research report on Friday, October 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Delta Air Lines in a report on Monday, October 19th. Argus set a $95.00 price objective on Delta Air Lines in a report on Monday, October 12th. Finally, Seaport Research Partners restated a “buy” rating and set a $100.00 target price on shares of Delta Air Lines in a research report on Monday, October 12th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.65.

Delta Air Lines Price Performance

DAL opened at $91.64 on Tuesday. The company has a fifty day moving average price of $81.03 and a two-hundred day moving average price of $77.23. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.40. Delta Air Lines, Inc. has a 52 week low of $55.27 and a 52 week high of $95.68. The firm has a market capitalization of $60.29 billion, a PE ratio of 18.29, a P/E/G ratio of 1.59 and a beta of 1.43.

Delta Air Lines (NYSE:DAL) last issued its earnings results on Friday, October 9th. The transportation company reported $1.72 EPS for the quarter, missing the consensus estimate of $1.77 by ($0.05). The business had revenue of $17.59 billion for the quarter, compared to the consensus estimate of $17.64 billion. Delta Air Lines had a net margin of 4.58% and a return on equity of 16.83%. The business’s revenue was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.71 EPS. Delta Air Lines has set its Q4 2026 guidance at 1.150-1.650 EPS and its FY 2026 guidance at 5.100-5.600 EPS. As a group, analysts anticipate that Delta Air Lines, Inc. will post 5.34 earnings per share for the current year.

Delta Air Lines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 5th. Investors of record on Thursday, October 15th were paid a dividend of $0.2150 per share. The ex-dividend date of this dividend was Thursday, October 15th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 0.9%. Delta Air Lines’s payout ratio is 17.17%.

Insider Buying and Selling

In other Delta Air Lines news, EVP Alain Bellemare sold 28,000 shares of the firm’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $85.93, for a total transaction of $2,406,040.00. Following the transaction, the executive vice president owned 80,025 shares in the company, valued at approximately $6,876,548.25. This trade represents a 25.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Peter W. Carter sold 44,950 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $89.29, for a total value of $4,013,585.50. Following the transaction, the president owned 379,754 shares in the company, valued at approximately $33,908,234.66. This trade represents a 10.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 122,950 shares of company stock valued at $10,519,626 over the last three months. Company insiders own 0.80% of the company’s stock.

Delta Air Lines Company Profile

Delta Air Lines is a U.S.-based airline that provides passenger and cargo transportation. It serves domestic and international destinations through its own flights and relationships with partner airlines, with major hubs including Atlanta, Detroit, Minneapolis–Saint Paul, New York, and Salt Lake City.

The company offers multiple cabin and fare options, including Delta One, First Class, Delta Comfort+ and Main Cabin. Its other businesses and services include Delta Cargo, the SkyMiles loyalty program, and aircraft maintenance and repair services through Delta TechOps.

Delta traces its roots to Huff Daland Dusters, an aerial crop-dusting company established in 1925, and began carrying passengers in 1929.