Valley Wealth Managers Inc. Takes Position in Delta Air Lines, Inc. $DAL

Valley Wealth Managers Inc. bought a new position in shares of Delta Air Lines, Inc. (NYSE:DAL) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 371,257 shares of the transportation company’s stock, valued at approximately $21,069,000.

Several other institutional investors have also modified their holdings of DAL. Savant Capital LLC increased its stake in Delta Air Lines by 84.0% in the 2nd quarter. Savant Capital LLC now owns 181,995 shares of the transportation company’s stock valued at $8,951,000 after buying an additional 83,072 shares during the period. Thrivent Financial for Lutherans lifted its holdings in Delta Air Lines by 39.8% in the second quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock valued at $118,409,000 after acquiring an additional 685,312 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of Delta Air Lines by 8.8% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 825,916 shares of the transportation company’s stock valued at $40,619,000 after purchasing an additional 67,002 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Delta Air Lines during the second quarter worth about $15,138,000. Finally, Board of the Pension Protection Fund acquired a new stake in shares of Delta Air Lines in the 3rd quarter worth approximately $1,141,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Delta Air Lines Trading Up 1.1%

Delta Air Lines stock opened at $66.55 on Friday. Delta Air Lines, Inc. has a 52-week low of $34.74 and a 52-week high of $73.16. 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 capitalization of $43.46 billion, a price-to-earnings ratio of 8.68, a PEG ratio of 0.63 and a beta of 1.38. The firm has a 50-day moving average price of $68.51 and a two-hundred day moving average price of $61.76.

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

Insider Buying and Selling

In other Delta Air Lines news, CEO Edward H. Bastian sold 173,230 shares of Delta Air Lines stock in a transaction 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 sale, the chief executive officer owned 632,823 shares of the company’s stock, valued at $44,930,433. This trade represents a 21.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Steven M. Sear sold 31,290 shares of the company’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $69.69, for a total transaction of $2,180,600.10. Following the completion of the sale, the executive vice president owned 97,505 shares of the company’s stock, valued at $6,795,123.45. This represents a 24.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 351,243 shares of company stock valued at $24,742,087. Company insiders own 0.88% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on DAL. UBS Group cut their target price on shares of Delta Air Lines from $90.00 to $87.00 and set a “buy” rating for the company in a research report on Wednesday, January 14th. Jefferies Financial Group raised their target price on shares of Delta Air Lines from $72.00 to $84.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. HSBC increased their price target on Delta Air Lines from $73.70 to $80.20 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. TD Cowen reaffirmed a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. Finally, Citigroup reissued a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company. According to data from MarketBeat.com, Delta Air Lines presently has a consensus rating of “Buy” and a consensus target price of $80.47.

Delta Air Lines 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.