Fiera Capital Corp Purchases 26,589 Shares of Delta Air Lines, Inc. $DAL

Fiera Capital Corp boosted its position in Delta Air Lines, Inc. (NYSE:DAL) by 15.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 193,532 shares of the transportation company’s stock after buying an additional 26,589 shares during the quarter. Fiera Capital Corp’s holdings in Delta Air Lines were worth $10,983,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of 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 valued at $3,667,479,000 after purchasing an additional 1,648,071 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of 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 purchasing an additional 1,447,058 shares during the last quarter. Ninety One UK Ltd boosted its stake in Delta Air Lines by 23.6% during the 3rd quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company’s stock valued at $219,095,000 after purchasing an additional 736,342 shares during the period. Thrivent Financial for Lutherans grew its holdings in Delta Air Lines by 39.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock valued at $118,409,000 after buying an additional 685,312 shares during the last quarter. Finally, State Street Corp grew its holdings in 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 last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Edward H. Bastian sold 173,230 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $71.00, for a total transaction of $12,299,330.00. Following the completion of the transaction, the chief executive officer owned 632,823 shares in the company, valued at $44,930,433. This trade represents a 21.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rahul D. Samant sold 62,528 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $70.18, for a total value of $4,388,215.04. Following the completion of the sale, the executive vice president directly owned 20,939 shares in the company, valued at approximately $1,469,499.02. This represents a 74.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 520,550 shares of company stock worth $37,101,667 in the last 90 days. 0.88% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DAL shares. BNP Paribas Exane upped their price target on Delta Air Lines from $70.00 to $85.00 and gave the stock an “outperform” rating in a report on Monday, December 8th. Raymond James Financial reiterated a “strong-buy” rating and set a $80.00 target price on shares of Delta Air Lines in a research note on Friday, December 19th. Seaport Research Partners raised their price target on shares of Delta Air Lines from $80.00 to $89.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. Susquehanna boosted their price objective on shares of Delta Air Lines from $70.00 to $85.00 and gave the stock a “positive” rating in a report on Friday, January 9th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Delta Air Lines in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, Delta Air Lines presently has a consensus rating of “Buy” and a consensus price target of $80.47.

Delta Air Lines Trading Up 3.0%

Shares of Delta Air Lines stock opened at $69.47 on Friday. Delta Air Lines, Inc. has a 52-week low of $34.74 and a 52-week high of $76.39. The firm has a market capitalization of $45.38 billion, a PE ratio of 9.06, a price-to-earnings-growth ratio of 0.65 and a beta of 1.37. 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 company’s fifty day moving average price is $70.07 and its two-hundred day moving average price is $63.48.

Delta Air Lines (NYSE:DAL) last issued its earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.02. The business had revenue of $14.61 billion for 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 20.96%. The firm’s revenue was up 2.9% on a year-over-year basis. During the same period 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, analysts expect that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Delta Air Lines Dividend Announcement

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