Delta Air Lines (NYSE:DAL – Get Free Report) was upgraded by Dbs Bank to a “moderate buy” rating in a research note issued on Monday,Zacks.com reports.
A number of other equities analysts also recently issued reports on the company. Barclays lifted their price target on Delta Air Lines from $65.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Cowen reaffirmed a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Sanford C. Bernstein reiterated an “outperform” rating and set a $81.00 price target on shares of Delta Air Lines in a research note on Wednesday, January 14th. Wolfe Research boosted their target price on shares of Delta Air Lines from $70.00 to $83.00 and gave the company an “outperform” rating in a report on Wednesday, January 14th. Finally, Wells Fargo & Company set a $87.00 price target on shares of Delta Air Lines in a report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating and twenty-three have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $79.97.
View Our Latest Analysis on DAL
Delta Air Lines Stock Performance
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 for the quarter, beating the consensus estimate of $1.53 by $0.02. The company 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 revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. As a group, research analysts forecast that Delta Air Lines will post 7.63 earnings per share for the current year.
Insider Activity at Delta Air Lines
In other Delta Air Lines news, CEO Edward H. Bastian sold 173,230 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The shares were 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 of the company’s stock, valued at approximately $44,930,433. This trade represents a 21.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Alain Bellemare sold 36,000 shares of Delta Air Lines stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $69.21, for a total value of $2,491,560.00. Following the transaction, the executive vice president owned 95,731 shares of the company’s stock, valued at $6,625,542.51. The trade was a 27.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 311,823 shares of company stock worth $21,942,479 over the last 90 days. 0.96% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of DAL. AlphaQuest LLC increased its stake in shares of Delta Air Lines by 90.6% in the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after purchasing an additional 211 shares in the last quarter. Accredited Wealth Management LLC raised its holdings in shares of Delta Air Lines by 1,983.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after acquiring an additional 476 shares in the last quarter. Byrne Asset Management LLC purchased a new position in shares of Delta Air Lines in the 4th quarter worth $35,000. Beacon Financial Strategies CORP purchased a new stake in Delta Air Lines during the fourth quarter valued at approximately $36,000. Finally, Signature Resources Capital Management LLC bought a new stake in Delta Air Lines in the second quarter worth $25,000. 69.93% of the stock is owned by hedge funds and other 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.
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