Delta Air Lines, Inc. $DAL Shares Newly Acquired by M Holdings Securities Inc.

M Holdings Securities Inc. acquired a new stake in Delta Air Lines, Inc. (NYSE:DAL) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 6,575 shares of the transportation company’s stock, valued at approximately $549,000.

Other institutional investors also recently modified their holdings of the company. Parkside Financial Bank & Trust lifted its stake in Delta Air Lines by 3.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 3,535 shares of the transportation company’s stock valued at $331,000 after purchasing an additional 129 shares during the last quarter. Arlington Trust Co LLC increased its position in 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 buying an additional 130 shares during the last quarter. Guardian Wealth Advisors LLC NC increased its position in 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 buying an additional 131 shares during the last quarter. REAP Financial Group LLC lifted its position in shares of Delta Air Lines by 6.6% in the third quarter. REAP Financial Group LLC now owns 2,119 shares of the transportation company’s stock valued at $177,000 after buying an additional 131 shares during the last quarter. Finally, Founders Financial Securities LLC lifted its position in shares of Delta Air Lines by 5.3% in the third quarter. Founders Financial Securities LLC now owns 2,675 shares of the transportation company’s stock valued at $223,000 after buying an additional 135 shares during the last quarter. 69.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DAL has been the topic of a number of recent analyst reports. Argus set a $95.00 target price on Delta Air Lines in a report on Monday, October 12th. Rothschild & Co Redburn raised their price target on Delta Air Lines from $104.00 to $105.00 and gave the company a “buy” rating in a report on Friday, September 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Delta Air Lines in a research report on Monday, October 19th. Cantor Fitzgerald set a $101.00 price objective on shares of Delta Air Lines in a research report on Friday, October 2nd. Finally, Wells Fargo & Company decreased their price objective on shares of Delta Air Lines from $105.00 to $100.00 and set an “overweight” rating on the stock in a report on Tuesday, October 6th. Twenty-two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $99.65.

Insider Buying and Selling

In other Delta Air Lines news, EVP Alain Bellemare sold 28,000 shares of the stock in a transaction that occurred on Friday, November 6th. The shares were 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 $6,876,548.25. This represents a 25.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Edward H. Bastian sold 50,000 shares of the stock in a transaction that occurred on Thursday, October 29th. The stock was sold at an average price of $82.00, for a total transaction of $4,100,000.00. Following the transaction, the chief executive officer owned 1,313,448 shares in the company, valued at approximately $107,702,736. The trade was a 3.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 122,950 shares of company stock valued at $10,519,626. 0.80% of the stock is owned by company insiders.

Delta Air Lines Stock Performance

DAL opened at $92.28 on Wednesday. The business has a fifty day simple moving average of $81.31 and a 200 day simple moving average of $77.35. The company has a market capitalization of $60.71 billion, a PE ratio of 18.42, a price-to-earnings-growth ratio of 1.64 and a beta of 1.43. Delta Air Lines, Inc. has a 1 year low of $55.27 and a 1 year high of $95.68. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.40 and a quick ratio of 0.32.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings data 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 return on equity of 16.83% and a net margin of 4.58%. The firm had revenue of $17.59 billion for the quarter, compared to the consensus estimate of $17.64 billion. During the same quarter in the previous year, the business earned $1.71 EPS. The firm’s quarterly 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. Research analysts expect that Delta Air Lines, Inc. will post 5.33 EPS for the current year.

Delta Air Lines Announces Dividend

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

Delta Air Lines 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.