16,000 Shares in Delta Air Lines, Inc. $DAL Purchased by Maxi Investments CY Ltd

Maxi Investments CY Ltd purchased a new position in Delta Air Lines, Inc. (NYSE:DAL) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 16,000 shares of the transportation company’s stock, valued at approximately $1,335,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Markowski Investments purchased a new position in shares of Delta Air Lines in the second quarter valued at approximately $27,000. Timbuktu Capital Management LLC purchased a new stake in shares of Delta Air Lines during the second quarter worth approximately $31,000. Elevation Wealth Partners LLC increased its position in shares of Delta Air Lines by 195.9% during the second quarter. Elevation Wealth Partners LLC now owns 358 shares of the transportation company’s stock worth $34,000 after purchasing an additional 237 shares in the last quarter. Atlas Wealth LLC acquired a new position in Delta Air Lines in the 1st quarter valued at $35,000. Finally, Main Street Group LTD acquired a new position in Delta Air Lines in the 1st quarter valued at $36,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Delta Air Lines Trading Up 3.2%

DAL opened at $79.23 on Tuesday. Delta Air Lines, Inc. has a one year low of $55.03 and a one year high of $95.68. The stock has a market capitalization of $52.13 billion, a PE ratio of 14.04, a P/E/G ratio of 1.37 and a beta of 1.34. The business’s 50 day moving average price is $80.97 and its 200 day moving average price is $76.48. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.40.

Delta Air Lines (NYSE:DAL) last posted its earnings results on Friday, October 9th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.05). The business had revenue of $17.59 billion for the quarter, compared to analyst estimates of $17.64 billion. Delta Air Lines had a return on equity of 16.83% and a net margin of 4.58%. Delta Air Lines’s revenue was up 21.1% compared to the same quarter last year. During the same period last year, the business earned $1.71 EPS. Delta Air Lines has set its Q4 2026 guidance at 1.150-1.650 EPS and its FY 2026 guidance at 5.100-5.600 EPS. As a group, equities research analysts expect that Delta Air Lines, Inc. will post 5.32 EPS for the current year.

Delta Air Lines Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Thursday, October 15th will be issued a dividend of $0.2150 per share. The ex-dividend date is Thursday, October 15th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.1%. Delta Air Lines’s dividend payout ratio is currently 17.17%.

Insider Buying and Selling at Delta Air Lines

In related news, Director David G. Dewalt sold 31,756 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $90.85, for a total transaction of $2,885,032.60. Following the completion of the sale, the director directly owned 22,358 shares of the company’s stock, valued at approximately $2,031,224.30. This trade represents a 58.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Steven Sear sold 40,460 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $93.55, for a total value of $3,785,033.00. Following the sale, the executive vice president directly owned 104,404 shares of the company’s stock, valued at $9,766,994.20. The trade was a 27.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 356,726 shares of company stock worth $33,081,037. Insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on DAL. Rothschild & Co Redburn lifted their target price on shares of Delta Air Lines from $104.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, September 18th. UBS Group reduced their target price on shares of Delta Air Lines from $105.00 to $102.00 and set a “buy” rating for the company in a research report on Monday, October 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of Delta Air Lines in a research note on Monday, October 19th. Zacks Research downgraded shares of Delta Air Lines from a “hold” rating to a “strong sell” rating in a research note on Monday, September 28th. Finally, Jefferies Financial Group boosted their price target on shares of Delta Air Lines from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Twenty-two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Delta Air Lines currently has a consensus rating of “Moderate Buy” and an average price target of $99.65.

Delta Air Lines Company Profile

Delta Air Lines, Inc is a major U.S. airline headquartered in Atlanta, Georgia. The company provides scheduled passenger air transportation to destinations across the United States and international markets, including Europe, Latin America, Asia, Canada, Africa and the Caribbean. Delta operates through a network of hubs and focus cities, offering service under the Delta brand and through regional partners operating as Delta Connection.

In addition to passenger flights, Delta provides air cargo transportation and related logistics services.