Central Pacific Bank Trust Division Acquires 6,280 Shares of Delta Air Lines, Inc. $DAL

Central Pacific Bank Trust Division boosted its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 31.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,559 shares of the transportation company’s stock after buying an additional 6,280 shares during the quarter. Central Pacific Bank Trust Division’s holdings in Delta Air Lines were worth $2,488,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Lloyd Advisory Services LLC. purchased a new stake in shares of Delta Air Lines during the 4th quarter valued at about $31,000. SWAN Capital LLC raised its holdings in shares of Delta Air Lines by 1,016.0% during the third quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 508 shares during the last quarter. Camelot Portfolios LLC purchased a new position in shares of Delta Air Lines during the fourth quarter valued at approximately $34,000. Cornerstone Planning Group LLC lifted its position in Delta Air Lines by 451.6% during the fourth quarter. Cornerstone Planning Group LLC now owns 524 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 429 shares during the period. Finally, Atlas Wealth LLC bought a new position in Delta Air Lines during the first quarter valued at approximately $35,000. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines News Summary

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

• Positive Sentiment: Airline stocks benefited from lower oil prices, which can reduce one of Delta’s largest operating expenses. The move also followed Delta’s latest quarterly update, in which results exceeded guidance, demand remained broad-based and management reaffirmed its full-year adjusted earnings outlook of $6.50–$7.50 per share. Delta Air Lines Gains as Lower Oil Prices Lift Airline Shares
• Positive Sentiment: A recent analysis argues that higher fuel costs could produce unexpectedly positive results for DAL, potentially supporting industry pricing power and benefiting carriers with stronger execution or relative competitive advantages. However, fuel inflation remains a margin risk if airlines cannot fully pass costs to customers. Delta Air Lines: Higher Fuel Costs Might Produce Surprising Gains
• Positive Sentiment: Delta is expanding service for CES 2027, including special nonstop flights from Hong Kong, Shanghai, Taipei and Seoul to Las Vegas. The added capacity could provide incremental premium and international travel revenue while strengthening Delta’s corporate-event network. Delta Air Lines expands CES 2027 service
• Neutral Sentiment: Brokerage coverage continues to lean favorable, with analysts maintaining a “Moderate Buy” consensus and a reported median price target of $105, above recent trading levels. This supports sentiment but is not a new earnings catalyst. Delta Air Lines Given Average Recommendation of Moderate Buy
• Negative Sentiment: Reported insider activity shows executives selling shares, with no open-market purchases during the cited six-month period. Such selling may weigh modestly on sentiment, although transactions can reflect compensation, diversification or scheduled plans rather than a view on Delta’s fundamentals.

Wall Street Analyst Weigh In

DAL has been the subject of a number of research analyst reports. BMO Capital Markets lifted their target price on shares of Delta Air Lines from $80.00 to $105.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Raymond James Financial cut Delta Air Lines from a “strong-buy” rating to an “outperform” rating and increased their price target for the company from $80.00 to $104.00 in a report on Monday, July 6th. Wells Fargo & Company raised their price target on Delta Air Lines from $75.00 to $105.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 30th. BNP Paribas Exane cut their price objective on Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating for the company in a report on Tuesday, April 21st. Finally, Morgan Stanley lifted their price objective on Delta Air Lines from $115.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. Twenty-three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $100.40.

Delta Air Lines Stock Performance

Shares of NYSE DAL opened at $92.84 on Wednesday. Delta Air Lines, Inc. has a 12-month low of $51.52 and a 12-month high of $95.68. The firm has a market capitalization of $61.05 billion, a price-to-earnings ratio of 15.40, a price-to-earnings-growth ratio of 1.15 and a beta of 1.31. The company has a current ratio of 0.42, a quick ratio of 0.35 and a debt-to-equity ratio of 0.48. The firm has a 50 day moving average of $85.87 and a 200 day moving average of $74.47.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Thursday, July 9th. The transportation company reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.07. The business 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 company’s quarterly revenue was up 18.7% on a year-over-year basis. During the same period last year, the firm earned $2.10 earnings per share. On average, research analysts anticipate that Delta Air Lines, Inc. will post 6.54 earnings per share for the current year.

Delta Air Lines Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 30th. Stockholders of record on Thursday, July 9th were paid a $0.215 dividend. This is a positive change from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date was Thursday, July 9th. This represents a $0.86 annualized dividend and a dividend yield of 0.9%. Delta Air Lines’s dividend payout ratio (DPR) is currently 14.26%.

Insiders Place Their Bets

In related news, EVP Alain Bellemare sold 25,000 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 95,025 shares of the company’s stock, valued at approximately $7,738,836. This trade represents 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 this link. Also, EVP Allison C. Ausband sold 9,710 shares of Delta Air Lines stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $76.00, for a total value of $737,960.00. Following the transaction, the executive vice president owned 138,854 shares in the company, valued at $10,552,904. This trade represents a 6.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 65,331 shares of company stock worth $5,036,638. 0.80% of the stock is owned by insiders.

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.