Delta Air Lines, Inc. (NYSE:DAL – Get Free Report) EVP Rahul Samant sold 62,528 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $70.18, for a total value of $4,388,215.04. Following the completion of the transaction, the executive vice president owned 20,939 shares in the company, valued at $1,469,499.02. This represents a 74.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Delta Air Lines Stock Up 8.0%
DAL stock traded up $5.60 during trading hours on Friday, hitting $75.38. The company’s stock had a trading volume of 13,463,880 shares, compared to its average volume of 8,320,091. The stock has a 50 day moving average price of $69.24 and a two-hundred day moving average price of $62.20. Delta Air Lines, Inc. has a 12 month low of $34.74 and a 12 month high of $75.66. The company has a market capitalization of $49.22 billion, a PE ratio of 9.83, a price-to-earnings-growth ratio of 0.67 and a beta of 1.37. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60.
Delta Air Lines (NYSE:DAL – Get Free Report) last released its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.02. The business had revenue of $14.61 billion during the quarter, compared to analyst estimates of $15.80 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.99%. Delta Air Lines’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.85 EPS. 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. On average, equities research analysts expect that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.
Delta Air Lines Dividend Announcement
Analyst Upgrades and Downgrades
Several brokerages have commented on DAL. BMO Capital Markets reiterated an “outperform” rating on shares of Delta Air Lines in a report on Wednesday, January 14th. Barclays raised their target price on shares of Delta Air Lines from $65.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Evercore boosted their target price 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. Wall Street Zen downgraded Delta Air Lines from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Finally, HSBC lifted their price objective on Delta Air Lines from $73.70 to $80.20 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $80.47.
View Our Latest Stock Report on Delta Air Lines
Hedge Funds Weigh In On Delta Air Lines
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. AlphaQuest LLC increased its position in shares of Delta Air Lines by 90.6% during the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 211 shares during the period. NewSquare Capital LLC boosted its stake in Delta Air Lines by 184.6% during the second quarter. NewSquare Capital LLC now owns 572 shares of the transportation company’s stock worth $28,000 after buying an additional 371 shares in the last quarter. Accredited Wealth Management LLC increased its holdings in Delta Air Lines by 1,983.3% in the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock valued at $28,000 after buying an additional 476 shares during the period. Activest Wealth Management raised its stake in shares of Delta Air Lines by 2,280.8% in the 2nd quarter. Activest Wealth Management now owns 619 shares of the transportation company’s stock valued at $30,000 after buying an additional 593 shares in the last quarter. Finally, Lloyd Advisory Services LLC. acquired a new position in shares of Delta Air Lines in the 4th quarter valued at $31,000. 69.93% of the stock is currently owned by institutional investors.
Delta Air Lines Company Profile
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.
See Also
- Five stocks we like better than Delta Air Lines
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Your Bank Account Is No Longer Safe
- Trade this between 9:30 and 10:45 am EST
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- What a Former CIA Agent Knows About the Coming Collapse
Receive News & Ratings for Delta Air Lines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delta Air Lines and related companies with MarketBeat.com's FREE daily email newsletter.
