Waverton Investment Management Ltd Sells 8,200 Shares of Delta Air Lines, Inc. $DAL

Waverton Investment Management Ltd lessened its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 36.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,300 shares of the transportation company’s stock after selling 8,200 shares during the period. Waverton Investment Management Ltd’s holdings in Delta Air Lines were worth $811,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of DAL. Vanguard Group Inc. increased its stake in Delta Air Lines by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock worth $3,667,479,000 after buying an additional 1,648,071 shares during the period. Bank of New York Mellon Corp grew its stake in Delta Air Lines by 23.3% in the third 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 in the last quarter. Ninety One UK Ltd increased its holdings 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 worth $219,095,000 after purchasing an additional 736,342 shares during the period. Thrivent Financial for Lutherans raised its position in Delta Air Lines by 39.8% during 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 purchasing an additional 685,312 shares in the last quarter. Finally, State Street Corp lifted 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 worth $1,134,083,000 after buying an additional 581,421 shares during the period. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Wall Street Analyst Weigh In

DAL has been the topic of several research reports. Wall Street Zen lowered Delta Air Lines from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Susquehanna raised their target price on shares of Delta Air Lines from $70.00 to $85.00 and gave the company a “positive” rating in a research report on Friday, January 9th. Raymond James Financial restated a “strong-buy” rating and issued a $80.00 price target on shares of Delta Air Lines in a report on Friday, December 19th. Evercore increased their price objective on shares of Delta Air Lines from $75.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. Finally, UBS Group reduced their price objective on shares of Delta Air Lines from $90.00 to $87.00 and set a “buy” rating for the company in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $80.47.

Insider Transactions at Delta Air Lines

In related news, EVP Rahul D. Samant sold 62,528 shares of Delta Air Lines stock in a transaction that occurred 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 $1,469,499.02. This trade represents a 74.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Steven M. Sear sold 38,600 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $75.05, for a total transaction of $2,896,930.00. Following the transaction, the executive vice president owned 104,404 shares in the company, valued at $7,835,520.20. The trade was a 26.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 620,550 shares of company stock worth $44,127,667 over the last ninety days. 0.96% of the stock is currently owned by insiders.

Delta Air Lines Trading Down 6.9%

NYSE DAL opened at $65.66 on Monday. Delta Air Lines, Inc. has a 52 week low of $34.74 and a 52 week high of $76.39. The company has a 50 day moving average price of $69.83 and a 200 day moving average price of $64.06. 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 firm has a market cap of $42.89 billion, a PE ratio of 8.56, a price-to-earnings-growth ratio of 0.63 and a beta of 1.34.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, topping 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 business’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the company earned $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 forecast that Delta Air Lines, Inc. will post 7.63 EPS for the current fiscal 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 issued a dividend of $0.1875 per share. The ex-dividend date is Thursday, February 26th. This represents a $0.75 annualized dividend and a dividend yield of 1.1%. Delta Air Lines’s dividend 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.