Great Lakes Advisors LLC Has $98.30 Million Position in Delta Air Lines, Inc. $DAL

Great Lakes Advisors LLC lifted its position in Delta Air Lines, Inc. (NYSE:DAL) by 6.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,732,220 shares of the transportation company’s stock after acquiring an additional 100,151 shares during the period. Great Lakes Advisors LLC’s holdings in Delta Air Lines were worth $98,304,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Delta Air Lines by 2.3% in the second quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock worth $3,667,479,000 after purchasing an additional 1,648,071 shares during the period. State Street Corp grew its holdings in shares of Delta Air Lines by 2.6% in the 2nd quarter. State Street Corp now owns 23,059,848 shares of the transportation company’s stock valued at $1,134,083,000 after buying an additional 581,421 shares during the period. Geode Capital Management LLC increased its position in shares of Delta Air Lines by 3.3% in the 2nd quarter. Geode Capital Management LLC now owns 16,757,932 shares of the transportation company’s stock valued at $822,127,000 after buying an additional 527,570 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Delta Air Lines by 23.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company’s stock worth $434,813,000 after buying an additional 1,447,058 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in Delta Air Lines by 0.8% during the second quarter. AQR Capital Management LLC now owns 6,012,856 shares of the transportation company’s stock worth $295,712,000 after acquiring an additional 48,974 shares in the last quarter. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines Price Performance

Shares of NYSE DAL opened at $65.81 on Thursday. 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 business has a 50-day moving average of $68.30 and a 200-day moving average of $61.73. The stock has a market capitalization of $42.97 billion, a price-to-earnings ratio of 8.58, a PEG ratio of 0.64 and a beta of 1.38. Delta Air Lines, Inc. has a fifty-two week low of $34.74 and a fifty-two week high of $73.16.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.53 by $0.02. The firm had revenue of $14.61 billion during the quarter, compared to analysts’ expectations of $15.80 billion. Delta Air Lines had a return on equity of 20.99% and a net margin of 7.90%.The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.85 earnings per share. 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, sell-side analysts predict that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Delta Air Lines in a research report on Wednesday, January 21st. Evercore ISI increased their price objective on shares of Delta Air Lines from $75.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. Bank of America boosted their price objective on shares of Delta Air Lines from $74.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft increased their target price on Delta Air Lines from $63.00 to $72.00 and gave the stock a “buy” rating in a report on Friday, October 10th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $81.00 price target on shares of Delta Air Lines in a report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $80.47.

Insiders Place Their Bets

In related news, CEO Edward H. Bastian sold 173,230 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $71.00, for a total transaction of $12,299,330.00. Following the transaction, the chief executive officer directly owned 632,823 shares in the company, valued at approximately $44,930,433. The trade was a 21.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Rahul D. Samant sold 57,003 shares of the stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $69.57, for a total transaction of $3,965,698.71. Following the completion of the sale, the executive vice president owned 36,246 shares of the company’s stock, valued at approximately $2,521,634.22. This represents a 61.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 351,243 shares of company stock valued at $24,742,087 in the last ninety days. 0.96% of the stock is currently owned by insiders.

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.