Gotham Asset Management LLC Has $37.40 Million Holdings in Delta Air Lines, Inc. $DAL

Gotham Asset Management LLC lifted its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 59.1% in the 3rd quarter, Holdings Channel reports. The fund owned 659,065 shares of the transportation company’s stock after acquiring an additional 244,815 shares during the quarter. Gotham Asset Management LLC’s holdings in Delta Air Lines were worth $37,402,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its holdings in Delta Air Lines by 33.5% during the 4th quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock worth $555,000 after purchasing an additional 2,302 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of Delta Air Lines in the first quarter valued at about $178,000. Sivia Capital Partners LLC bought a new stake in shares of Delta Air Lines in the second quarter valued at about $555,000. KBC Group NV boosted its position in shares of Delta Air Lines by 335.3% during the second quarter. KBC Group NV now owns 95,616 shares of the transportation company’s stock worth $4,702,000 after buying an additional 73,650 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of Delta Air Lines by 3.8% during the second quarter. PNC Financial Services Group Inc. now owns 120,705 shares of the transportation company’s stock worth $5,936,000 after buying an additional 4,375 shares during the period. 69.93% of the stock is currently owned by institutional investors and hedge funds.

Delta Air Lines Trading Up 1.5%

Shares of Delta Air Lines stock opened at $58.79 on Monday. The stock has a market cap of $38.39 billion, a P/E ratio of 7.66, a P/E/G ratio of 0.59 and a beta of 1.34. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. Delta Air Lines, Inc. has a 12-month low of $34.74 and a 12-month high of $76.39. The business’s 50 day moving average is $67.96 and its 200-day moving average is $64.11.

Delta Air Lines (NYSE:DAL) last released 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. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. The business had revenue of $14.61 billion during the quarter, compared to analysts’ expectations of $15.80 billion. During the same period last year, the business earned $1.85 earnings per share. The firm’s revenue was up 2.9% on a year-over-year basis. 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. Equities research analysts predict that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Delta Air Lines Announces Dividend

The company 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 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 1.3%. Delta Air Lines’s payout ratio is currently 9.78%.

Analysts Set New Price Targets

DAL has been the topic of a number of recent research reports. Evercore lifted their target price on Delta Air Lines from $75.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Jefferies Financial Group reduced their price target on Delta Air Lines from $84.00 to $72.00 and set a “buy” rating for the company in a research report on Thursday. Dbs Bank raised shares of Delta Air Lines to a “moderate buy” rating in a research note on Monday, January 19th. Citigroup reiterated a “buy” rating on shares of Delta Air Lines in a report on Wednesday, January 7th. Finally, Wall Street Zen lowered shares of Delta Air Lines from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $79.43.

Insider Buying and Selling

In related news, EVP Steven M. Sear sold 38,600 shares of Delta Air Lines stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $75.05, for a total transaction of $2,896,930.00. Following the completion of the transaction, the executive vice president owned 104,404 shares in the company, valued at approximately $7,835,520.20. This trade represents a 26.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Rahul D. Samant sold 62,528 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $70.18, for a total value of $4,388,215.04. Following the transaction, the executive vice president directly owned 20,939 shares in the company, valued at approximately $1,469,499.02. This trade represents a 74.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 620,550 shares of company stock worth $44,127,667 in the last 90 days. 0.96% of the stock is owned by corporate insiders.

Delta Air Lines News Summary

Here are the key news stories impacting Delta Air Lines this week:

• Positive Sentiment: Jefferies cut its price target to $72 but retained a Buy rating, signaling continued analyst conviction in Delta’s longer‑term recovery and implying upside from current levels. Delta Air Lines (NYSE:DAL) Given New $72.00 Price Target at Jefferies Financial Group
• Positive Sentiment: Citi put Delta on a 30‑day “positive catalyst watch,” highlighting potential near‑term bullish catalysts (refinery edge, trans‑Atlantic demand) that could support the stock. Citi Research puts Delta and SkyWest on 30‑day positive catalyst watch
• Positive Sentiment: Industry reporting notes that credit‑card partnerships and upfront cash from co‑branded cards are reshaping airline loyalty economics and improving non‑fare profit streams — a tailwind for Delta’s margins and cash flow. Credit‑card cash reshapes US airline loyalty — and profit
• Neutral Sentiment: Rothschild & Co Redburn trimmed its price target to $70 but kept a Buy rating, reflecting mixed views: confidence in Delta’s fundamentals but recognition of near‑term capacity and margin pressure. Rothschild & Co Redburn Lowers Delta Air Lines, Inc. (DAL) Price Target to $70
• Neutral Sentiment: Recent coverage weighing valuation: some outlets argue the pullback makes DAL attractive versus historic ranges, while others flag the stock’s YTD weakness — a reminder that consensus upside still coexists with risk. Is Delta Air Lines Stock Underperforming the Nasdaq?
• Negative Sentiment: Delta extended a pause on New York–Tel Aviv flights through month‑end amid regional volatility, reducing international capacity and near‑term revenue on that route. Delta extends pause on New York‑Tel Aviv flights through month‑end
• Negative Sentiment: Oil has surged toward $100/barrel, prompting sectorwide downdrafts as fuel costs and perceived travel risk rise — a primary immediate headwind for airline margins and stock performance. Airline Stocks Were Pricing 2026 Like A Runway—Oil Just Made It A Cliff Edge
• Negative Sentiment: TD Cowen downgraded Delta to a “Hold,” adding to mixed sell‑side signals and increasing short‑term sentiment pressure. Delta Air Lines (NYSE:DAL) Cut to “Hold” at TD Cowen

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.