Delta Air Lines (NYSE:DAL) Stock: Insider Steven Sear Sells 17,768 Shares

Delta Air Lines, Inc. (NYSE:DAL) EVP Steven Sear sold 17,768 shares of Delta Air Lines stock in a transaction that occurred on Thursday, November 12th. The shares were sold at an average price of $88.95, for a total transaction of $1,580,463.60. Following the sale, the executive vice president directly owned 86,636 shares of the company’s stock, valued at $7,706,272.20. This represents a 17.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Delta Air Lines Trading Down 0.5%

Shares of NYSE DAL traded down $0.46 during trading hours on Friday, reaching $86.09. The stock had a trading volume of 5,188,441 shares, compared to its average volume of 6,578,372. The company has a current ratio of 0.40, a quick ratio of 0.32 and a debt-to-equity ratio of 0.42. The firm has a market cap of $56.64 billion, a price-to-earnings ratio of 17.18, a P/E/G ratio of 1.27 and a beta of 1.43. The business’s fifty day moving average price is $81.93 and its two-hundred day moving average price is $77.66. Delta Air Lines, Inc. has a 52-week low of $55.27 and a 52-week high of $95.68.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings data on Friday, October 9th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.05). The firm had revenue of $17.59 billion during the quarter, compared to the consensus estimate of $17.64 billion. Delta Air Lines had a return on equity of 16.83% and a net margin of 4.58%. The firm’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period last year, the company earned $1.71 EPS. Delta Air Lines has set its Q4 2026 guidance at 1.150-1.650 EPS and its FY 2026 guidance at 5.100-5.600 EPS. Analysts expect that Delta Air Lines, Inc. will post 5.33 EPS for the current fiscal year.

Delta Air Lines Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 5th. Shareholders of record on Thursday, October 15th were issued a $0.2150 dividend. This represents a $0.86 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, October 15th. Delta Air Lines’s dividend payout ratio is currently 17.17%.

Institutional Trading of Delta Air Lines

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jump Financial LLC bought a new position in shares of Delta Air Lines in the 3rd quarter worth $4,330,000. L2 Asset Management LLC lifted its stake in shares of Delta Air Lines by 4.9% during the 3rd quarter. L2 Asset Management LLC now owns 3,976 shares of the transportation company’s stock worth $332,000 after purchasing an additional 184 shares during the last quarter. EP Wealth Advisors LLC lifted its stake in shares of Delta Air Lines by 12.4% during the 3rd quarter. EP Wealth Advisors LLC now owns 24,232 shares of the transportation company’s stock worth $2,022,000 after purchasing an additional 2,668 shares during the last quarter. Pathstone Holdings LLC lifted its stake in shares of Delta Air Lines by 4.7% during the 3rd quarter. Pathstone Holdings LLC now owns 64,063 shares of the transportation company’s stock worth $5,501,000 after purchasing an additional 2,887 shares during the last quarter. Finally, Tocqueville Asset Management L.P. lifted its stake in shares of Delta Air Lines by 3.1% during the 3rd quarter. Tocqueville Asset Management L.P. now owns 6,001 shares of the transportation company’s stock worth $501,000 after purchasing an additional 179 shares during the last quarter. Institutional investors own 69.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on DAL shares. Rothschild & Co Redburn raised their price target on Delta Air Lines from $104.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, September 18th. UBS Group decreased their price objective on Delta Air Lines from $105.00 to $102.00 and set a “buy” rating for the company in a report on Monday, October 12th. BMO Capital Markets upped their price objective on shares of Delta Air Lines from $100.00 to $105.00 and gave the stock an “outperform” rating in a research note on Monday, October 12th. Cantor Fitzgerald set a $101.00 target price on shares of Delta Air Lines in a report on Friday, October 2nd. Finally, Seaport Research Partners reiterated a “buy” rating and set a $100.00 target price on shares of Delta Air Lines in a report on Monday, October 12th. Twenty-two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $99.65.

Delta Air Lines News Roundup

Investors following DAL have been watching these news items:

• Positive Sentiment: Holiday travel demand is holding strong, supporting Delta’s revenue outlook, although the company is also evaluating how AI-powered fare-shopping agents could affect ticket sales and customer-data protection. Delta CEO discusses holiday demand and AI fare-shopping agents
• Neutral Sentiment: Delta and Virgin Atlantic are preparing regulatory and legal challenges to Heathrow’s planned 2028 terminal move. The dispute could create uncertainty around Delta’s transatlantic hub operations, but the change is still years away. Why Delta is fighting Heathrow’s planned terminal move
• Negative Sentiment: Renewed oil-price and interest-rate pressure is reviving concerns about airline margins and operating costs. A separate market report also noted bearish options positioning in DAL, adding to cautious sentiment. Higher oil and rate pressure reignite margin concerns Airline stocks drawing unusual options volume

About Delta Air Lines

Delta Air Lines is a U.S.-based airline that provides passenger and cargo transportation. It serves domestic and international destinations through its own flights and relationships with partner airlines, with major hubs including Atlanta, Detroit, Minneapolis–Saint Paul, New York, and Salt Lake City. The company offers multiple cabin and fare options, including Delta One, First Class, Delta Comfort+ and Main Cabin. Its other businesses and services include Delta Cargo, the SkyMiles loyalty program, and aircraft maintenance and repair services through Delta TechOps.