Sequoia Financial Advisors LLC Boosts Holdings in Delta Air Lines, Inc. $DAL

Sequoia Financial Advisors LLC boosted its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 22.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,240 shares of the transportation company’s stock after purchasing an additional 9,938 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Delta Air Lines were worth $3,606,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Lloyd Advisory Services LLC. purchased a new position in shares of Delta Air Lines in the fourth quarter worth $31,000. SWAN Capital LLC increased its holdings in Delta Air Lines by 1,016.0% in the 3rd quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 508 shares during the last quarter. Camelot Portfolios LLC bought a new stake in Delta Air Lines in the 4th quarter valued at $34,000. Cornerstone Planning Group LLC lifted its stake in Delta Air Lines by 451.6% in the 4th quarter. Cornerstone Planning Group LLC now owns 524 shares of the transportation company’s stock worth $34,000 after purchasing an additional 429 shares in the last quarter. Finally, Byrne Asset Management LLC purchased a new stake in Delta Air Lines in the 4th quarter worth $35,000. 69.93% of the stock is owned by hedge funds and other institutional investors.

Delta Air Lines Stock Performance

Shares of NYSE:DAL opened at $86.19 on Tuesday. Delta Air Lines, Inc. has a 52 week low of $50.44 and a 52 week high of $95.68. The stock has a market capitalization of $56.63 billion, a P/E ratio of 14.29, a PEG ratio of 1.11 and a beta of 1.29. The firm has a fifty day simple moving average of $81.46 and a two-hundred day simple moving average of $72.65. The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 0.48.

Delta Air Lines (NYSE:DAL) last posted its earnings results on Thursday, July 9th. The transportation company reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.07. The firm had revenue of $17.67 billion for the quarter, compared to the consensus estimate of $17.43 billion. Delta Air Lines had a net margin of 5.79% and a return on equity of 17.52%. The business’s quarterly revenue was up 18.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.10 EPS. On average, analysts expect that Delta Air Lines, Inc. will post 6.5 earnings per share for the current fiscal year.

Delta Air Lines Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th will be paid a dividend of $0.215 per share. The ex-dividend date of this dividend is Thursday, July 9th. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. This represents a $0.86 annualized dividend and a yield of 1.0%. Delta Air Lines’s payout ratio is presently 14.26%.

Delta Air Lines News Roundup

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

• Positive Sentiment: Delta reaffirmed its full-year outlook after reporting stronger-than-expected Q2 results, reinforcing the view that earnings remain resilient despite higher fuel costs. Bank of America kept a Buy rating and said the earnings beat supports Delta’s valuation. Delta Air Lines earnings resilience supports valuation, Bank of America says
• Positive Sentiment: Several analysts raised price targets after the earnings release, citing a better revenue mix, premium demand, and improved outlook for cash flow and margins. JPMorgan reportedly lifted its target to $114 and maintained an overweight view. These Analysts Boost Their Forecasts On Delta Air Following Upbeat Q2 Results
• Positive Sentiment: Commentary around Delta’s premium product, loyalty growth, and durable demand suggests the airline is becoming more resilient and less dependent on basic fares, which investors often view as a higher-quality earnings mix. Delta Air Lines Stock Outlook as Premium Demand Fuels Growth
• Neutral Sentiment: Management emphasized disciplined capacity, stronger pricing, and diversified revenue streams, but also acknowledged record fuel expense and ongoing margin pressure, leaving the near-term setup balanced. DAL Q2 Earnings Call Highlights Durable Demand, Firm Outlook
• Negative Sentiment: Some coverage warns that fuel, labor, and capacity risks could limit upside, while geopolitical tensions and broader airline-sector concerns may create short-term turbulence for DAL shares. Thanks to Escalating Iran Tensions, Delta Air Lines Stock Could Face Turbulence. How to Trade It Here.

Wall Street Analyst Weigh In

DAL has been the subject of several research reports. TD Cowen increased their price objective on shares of Delta Air Lines from $92.00 to $106.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $106.00 target price on shares of Delta Air Lines in a report on Monday. BNP Paribas Exane decreased their target price on Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 21st. Argus increased their price target on Delta Air Lines from $85.00 to $100.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Finally, Morgan Stanley raised their price target on Delta Air Lines from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Friday. Twenty-three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $99.38.

Insider Activity at Delta Air Lines

In other news, EVP Alain Bellemare sold 25,000 shares of Delta Air Lines stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $81.44, for a total value of $2,036,000.00. Following the completion of the transaction, the executive vice president owned 95,025 shares in the company, valued at approximately $7,738,836. The trade was a 20.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Allison C. Ausband sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $79.00, for a total value of $395,000.00. Following the transaction, the executive vice president directly owned 133,854 shares in the company, valued at approximately $10,574,466. This represents a 3.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 65,331 shares of company stock worth $5,036,638 over the last three months. 0.80% of the stock is currently owned by insiders.

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.