Jefferson Bridge Capital LLC purchased a new stake in Delta Air Lines, Inc. (NYSE:DAL – Free Report) in the fourth quarter, HoldingsChannel reports. The firm purchased 25,750 shares of the transportation company’s stock, valued at approximately $1,787,000. Delta Air Lines accounts for approximately 1.8% of Jefferson Bridge Capital LLC’s investment portfolio, making the stock its 22nd biggest position.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. AlphaQuest LLC grew its holdings in Delta Air Lines by 90.6% during the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after acquiring an additional 211 shares during the period. Accredited Wealth Management LLC grew its holdings in 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 during the period. SWAN Capital LLC grew its holdings in Delta Air Lines by 1,016.0% during the 3rd quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock worth $32,000 after acquiring an additional 508 shares during the period. Byrne Asset Management LLC acquired a new stake in Delta Air Lines during the 4th quarter worth $35,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Delta Air Lines during the 3rd quarter worth $35,000. Institutional investors and hedge funds own 69.93% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have commented on DAL shares. Jefferies Financial Group lifted their target price on shares of Delta Air Lines from $72.00 to $78.00 and gave the stock a “buy” rating in a report on Tuesday, March 31st. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $81.00 target price on shares of Delta Air Lines in a report on Wednesday, January 14th. TD Cowen lowered their target price on shares of Delta Air Lines from $77.00 to $76.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Bank of America lowered their target price on shares of Delta Air Lines from $80.00 to $78.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Finally, Seaport Research Partners lifted their target price on shares of Delta Air Lines from $80.00 to $89.00 and gave the stock a “buy” rating in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Delta Air Lines currently has an average rating of “Moderate Buy” and a consensus price target of $78.43.
Delta Air Lines Price Performance
Shares of DAL stock opened at $65.69 on Wednesday. Delta Air Lines, Inc. has a 12-month low of $35.46 and a 12-month high of $76.39. The firm has a market capitalization of $42.90 billion, a price-to-earnings ratio of 8.56, a price-to-earnings-growth ratio of 0.72 and a beta of 1.31. 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 fifty day moving average of $66.48 and a 200-day moving average of $64.70.
Delta Air Lines (NYSE:DAL – Get Free Report) last announced its quarterly earnings results on Wednesday, April 8th. The transportation company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.06). Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. The firm had revenue of $14.20 billion during the quarter, compared to analyst estimates of $14.70 billion. On average, equities research analysts forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.
Delta Air Lines Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, February 26th were issued a $0.1875 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This represents a $0.75 annualized dividend and a dividend yield of 1.1%. Delta Air Lines’s payout ratio is 9.78%.
Insider Buying and Selling
In other news, CEO Edward H. Bastian sold 173,230 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $71.00, for a total value 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 $44,930,433. The trade was a 21.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Alain Bellemare sold 36,000 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $69.21, for a total transaction of $2,491,560.00. Following the completion of the transaction, the executive vice president directly owned 95,731 shares of the company’s stock, valued at $6,625,542.51. This trade represents a 27.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 620,550 shares of company stock worth $44,127,667 over the last ninety days. Insiders own 0.88% of the company’s stock.
Delta Air Lines News Roundup
Here are the key news stories impacting Delta Air Lines this week:
- Positive Sentiment: Delta’s refinery and fuel hedging look like a real advantage versus peers — management and analysts point to the Trainer refinery as a source of meaningful savings and a potential ~$300M boost, supporting margins as jet fuel spikes. CNBC: Delta CEO says airline will ‘meaningfully’ cut growth plans, sees $300 million boost from its refinery
- Positive Sentiment: Company says March-quarter results delivered in line with guidance and highlighted “better‑than‑expected revenue performance”; Delta also guided to low‑teens revenue growth for the June quarter despite flat capacity, and expects roughly $1B pre‑tax profit for June — supportive forward commentary. PR Newswire: Delta Air Lines Announces March Quarter 2026 Financial Results
- Positive Sentiment: Macro headlines (reports of a temporary U.S.-Iran ceasefire) briefly lifted airline stocks, giving Delta upside on hopes of lower fuel and fewer disruptions. TipRanks: Airline Stocks Jump on 2-Week Ceasefire Deal
- Positive Sentiment: Unusually large call‑option activity indicates some investors are positioning for an upside move post‑earnings — a bullish flows signal. Options flow report
- Neutral Sentiment: Wolfe Research trimmed its price target (from $81 to $73) but kept an outperform rating — a mixed signal: confidence in Delta’s positioning but slightly lower near‑term upside. MarketScreener: Wolfe Research adjusts price target
- Negative Sentiment: Jet fuel costs are surging (industrywide headwind). Delta and peers raised checked‑bag fees to pass costs to customers — a sign fuel pressure is material and could weigh on demand or sentiment. CNBC: Delta raises checked bag fees amid jet fuel price surge
- Negative Sentiment: Earnings reaction is mixed: Delta reported adjusted/non‑GAAP EPS of $0.64, with different outlets parsing GAAP vs. adjusted figures and revenue differently — some reports show revenue beat, others show revenue below consensus, creating uncertainty and press‑driven volatility. Seeking Alpha: Non-GAAP EPS $0.64; revenue report and Company press release / Quartr
- Negative Sentiment: Management signaled it will “meaningfully reduce” near‑term capacity growth — a margin‑protecting move but one that lowers revenue growth potential and can be read as conservative given fuel uncertainty. CNBC: Delta CEO says airline will ‘meaningfully’ cut growth plans
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.
Further Reading
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