14,388 Delta Air Lines, Inc. $DAL Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 18.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 92,797 shares of the transportation company’s stock after purchasing an additional 14,388 shares during the quarter. Kestra Advisory Services LLC’s holdings in Delta Air Lines were worth $7,745,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Markowski Investments bought a new position in shares of Delta Air Lines in the second quarter worth approximately $27,000. Timbuktu Capital Management LLC purchased a new position in shares of Delta Air Lines during the 2nd quarter worth approximately $31,000. Elevation Wealth Partners LLC grew its stake in Delta Air Lines by 195.9% in the second quarter. Elevation Wealth Partners LLC now owns 358 shares of the transportation company’s stock worth $34,000 after purchasing an additional 237 shares during the period. Atlas Wealth LLC bought a new stake in shares of Delta Air Lines during the 1st quarter valued at $35,000. Finally, Main Street Group LTD bought a new stake in shares of Delta Air Lines during the 1st quarter valued at $36,000. 69.93% of the stock is owned by hedge funds and other institutional investors.

Delta Air Lines Trading Up 0.5%

Shares of NYSE DAL opened at $92.28 on Wednesday. The firm’s 50 day moving average price is $81.31 and its 200-day moving average price is $77.35. The company has a market cap of $60.71 billion, a PE ratio of 18.42, a P/E/G ratio of 1.64 and a beta of 1.43. Delta Air Lines, Inc. has a 52-week low of $55.27 and a 52-week high of $95.68. 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 (NYSE:DAL) last announced its quarterly earnings results on Friday, October 9th. The transportation company reported $1.72 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.05). Delta Air Lines had a net margin of 4.58% and a return on equity of 16.83%. The firm had revenue of $17.59 billion for the quarter, compared to the consensus estimate of $17.64 billion. During the same period last year, the business earned $1.71 EPS. Delta Air Lines’s revenue was up 21.1% on a year-over-year basis. 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. On average, equities research analysts expect that Delta Air Lines, Inc. will post 5.33 EPS for the current fiscal year.

Delta Air Lines Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 5th. Shareholders of record on Thursday, October 15th were paid a dividend of $0.2150 per share. This represents a $0.86 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, October 15th. Delta Air Lines’s dividend payout ratio (DPR) is currently 17.17%.

Insiders Place Their Bets

In other news, EVP Alain Bellemare sold 28,000 shares of the business’s stock in a transaction on Friday, November 6th. The stock was sold at an average price of $85.93, for a total value of $2,406,040.00. Following the completion of the transaction, the executive vice president owned 80,025 shares in the company, valued at $6,876,548.25. The trade was a 25.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Edward H. Bastian sold 50,000 shares of the company’s stock in a transaction on Thursday, October 29th. The shares were sold at an average price of $82.00, for a total value of $4,100,000.00. Following the transaction, the chief executive officer directly owned 1,313,448 shares in the company, valued at approximately $107,702,736. The trade was a 3.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 122,950 shares of company stock valued at $10,519,626. Corporate insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

DAL has been the subject of several research reports. Argus set a $95.00 price target on shares of Delta Air Lines in a research note on Monday, October 12th. BMO Capital Markets raised their price objective on Delta Air Lines from $100.00 to $105.00 and gave the company an “outperform” rating in a research report on Monday, October 12th. UBS Group lowered their price objective on Delta Air Lines from $105.00 to $102.00 and set a “buy” rating for the company in a research note on Monday, October 12th. Barclays dropped their target price on Delta Air Lines from $105.00 to $95.00 and set an “overweight” rating on the stock in a report on Friday, September 11th. Finally, Zacks Research cut Delta Air Lines from a “hold” rating to a “strong sell” rating in a research note on Monday, September 28th. Twenty-two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.65.

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.