LSV Asset Management Buys 42,878 Shares of Delta Air Lines, Inc. $DAL

LSV Asset Management increased its position in Delta Air Lines, Inc. (NYSE:DAL) by 1.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,447,917 shares of the transportation company’s stock after purchasing an additional 42,878 shares during the period. LSV Asset Management owned approximately 0.53% of Delta Air Lines worth $195,669,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. AlphaQuest LLC raised its holdings in Delta Air Lines by 90.6% in the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after buying an additional 211 shares during the last quarter. NewSquare Capital LLC increased its position in shares of Delta Air Lines by 184.6% during the second quarter. NewSquare Capital LLC now owns 572 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 371 shares in the last quarter. Activest Wealth Management raised its holdings in Delta Air Lines by 2,280.8% in the 2nd quarter. Activest Wealth Management now owns 619 shares of the transportation company’s stock worth $30,000 after acquiring an additional 593 shares during the last quarter. Kilter Group LLC purchased a new position in Delta Air Lines in the 2nd quarter worth approximately $35,000. Finally, First Horizon Corp bought a new position in Delta Air Lines in the 3rd quarter valued at approximately $38,000. 69.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DAL has been the subject of a number of research analyst reports. Citigroup reissued a “buy” rating on shares of Delta Air Lines in a report on Wednesday, January 7th. Susquehanna lifted their price objective on Delta Air Lines from $70.00 to $85.00 and gave the stock a “positive” rating in a report on Friday, January 9th. Raymond James Financial reissued a “strong-buy” rating and issued a $80.00 target price on shares of Delta Air Lines in a research report on Friday, December 19th. Argus set a $80.00 target price on shares of Delta Air Lines in a research note on Wednesday, January 14th. Finally, Wolfe Research lifted their price target on shares of Delta Air Lines from $70.00 to $83.00 and gave the stock an “outperform” rating in a research note 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 data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $80.47.

Insider Buying and Selling at Delta Air Lines

In other Delta Air Lines news, insider Peter W. Carter sold 27,000 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $74.82, for a total value of $2,020,140.00. Following the completion of the sale, the insider owned 421,744 shares in the company, valued at $31,554,886.08. This represents a 6.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Steven M. Sear sold 38,600 shares of Delta Air Lines stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $75.05, for a total value of $2,896,930.00. Following the transaction, the executive vice president directly owned 104,404 shares in the company, valued at approximately $7,835,520.20. The trade was a 26.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 520,550 shares of company stock valued at $37,101,667 in the last ninety days. 0.88% of the stock is currently owned by company insiders.

Delta Air Lines Price Performance

Shares of NYSE:DAL opened at $71.38 on Thursday. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $46.61 billion, a PE ratio of 9.31, a price-to-earnings-growth ratio of 0.72 and a beta of 1.37. The firm’s 50 day moving average price is $69.94 and its 200-day moving average price is $62.77. Delta Air Lines, Inc. has a twelve month low of $34.74 and a twelve month high of $76.39.

Delta Air Lines (NYSE:DAL) last announced its earnings results 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. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.99%. The company had revenue of $14.61 billion during the quarter, compared to analyst estimates of $15.80 billion. During the same period in the previous year, the business posted $1.85 earnings per share. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. 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. Equities research analysts expect that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Delta Air Lines Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Thursday, February 26th will be given a dividend of $0.1875 per share. The ex-dividend date is Thursday, February 26th. This represents a $0.75 annualized dividend and a yield of 1.1%. Delta Air Lines’s payout ratio is 9.78%.

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.