Delta Air Lines (NYSE:DAL) Stock: Insider Steven Sear Sells 17,768 Shares

Delta Air Lines, Inc. (NYSE:DAL - Get Free Report) EVP Steven Sear sold 17,768 shares of the business's stock in a transaction that occurred on Thursday, November 12th. The shares were sold at an average price of $88.95, for a total transaction of $1,580,463.60. Following the completion of the transaction, the executive vice president owned 86,636 shares of the company's stock, valued at $7,706,272.20. The trade was a 17.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Delta Air Lines Price Performance

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Shares of Delta Air Lines stock traded down $0.46 on Friday, reaching $86.09. 5,188,441 shares of the stock were exchanged, compared to its average volume of 6,578,372. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.40. The firm has a market cap of $56.64 billion, a PE ratio of 17.18, a P/E/G ratio of 1.27 and a beta of 1.43. The firm's 50 day moving average is $81.93 and its 200-day moving average is $77.66. Delta Air Lines, Inc. has a one year low of $55.27 and a one year high of $95.68.

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Delta Air Lines (NYSE:DAL - Get Free Report) last announced its quarterly earnings data on Friday, October 9th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.77 by ($0.05). The firm had revenue of $17.59 billion during the quarter, compared to the consensus estimate of $17.64 billion. Delta Air Lines had a net margin of 4.58% and a return on equity of 16.83%. The business's revenue was up 21.1% compared to the same quarter last year. During the same period last year, the business earned $1.71 earnings per share. 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, analysts anticipate that Delta Air Lines, Inc. will post 5.33 EPS for the current fiscal year.

Delta Air Lines Dividend Announcement

• Delta's Guidance Cut Could Spell Trouble for the Airline Industry

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 5th. Shareholders of record on Thursday, October 15th were paid a dividend of $0.2150 per share. The ex-dividend date was Thursday, October 15th. This represents a $0.86 annualized dividend and a yield of 1.0%. Delta Air Lines's dividend payout ratio is presently 17.17%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DAL. Argus set a $95.00 price target on Delta Air Lines in a research note on Monday, October 12th. Barclays dropped their price objective on Delta Air Lines from $105.00 to $95.00 and set an "overweight" rating for the company in a research report on Friday, September 11th. Sanford C. Bernstein reduced their price objective on Delta Air Lines from $106.00 to $100.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 7th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Delta Air Lines in a research note on Monday, October 19th. Finally, UBS Group decreased their target price on Delta Air Lines from $105.00 to $102.00 and set a "buy" rating on the stock in a research report on Monday, October 12th. Twenty-two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Delta Air Lines currently has a consensus rating of "Moderate Buy" and a consensus price target of $99.65.

• Delta Air Lines Faces a Fuel Crisis—But There's a Silver Lining

Read Our Latest Research Report on DAL

Institutional Trading of Delta Air Lines

A number of hedge funds and other institutional investors have recently modified their holdings of DAL. Jump Financial LLC bought a new position in shares of Delta Air Lines in the 3rd quarter valued at $4,330,000. L2 Asset Management LLC boosted its holdings in shares of Delta Air Lines by 4.9% during the 3rd quarter. L2 Asset Management LLC now owns 3,976 shares of the transportation company's stock valued at $332,000 after acquiring an additional 184 shares in the last quarter. EP Wealth Advisors LLC boosted its holdings in shares of Delta Air Lines by 12.4% during the 3rd quarter. EP Wealth Advisors LLC now owns 24,232 shares of the transportation company's stock valued at $2,022,000 after acquiring an additional 2,668 shares in the last quarter. Pathstone Holdings LLC grew its position in Delta Air Lines by 4.7% during the 3rd quarter. Pathstone Holdings LLC now owns 64,063 shares of the transportation company's stock worth $5,501,000 after acquiring an additional 2,887 shares during the last quarter. Finally, Tocqueville Asset Management L.P. grew its position in Delta Air Lines by 3.1% during the 3rd quarter. Tocqueville Asset Management L.P. now owns 6,001 shares of the transportation company's stock worth $501,000 after acquiring an additional 179 shares during the last quarter. Institutional investors own 69.93% of the company's stock.

Recent Delta Air Lines Headlines

Investors following DAL have been watching these headlines:

• Neutral Sentiment: Delta and Virgin Atlantic are preparing regulatory and legal challenges to Heathrow’s planned 2028 terminal move. The dispute could create uncertainty around Delta’s transatlantic hub operations, but the change is still years away. Why Delta is fighting Heathrow’s planned terminal move
• Neutral Sentiment: CEO Ed Bastian said Delta is taking a long-term approach after passing on SpaceX’s Starlink service; the item highlights a potential connectivity issue but does not identify an immediate financial impact. Delta CEO responds to Starlink criticism
• Negative Sentiment: Renewed oil-price and interest-rate pressure is reviving concerns about airline margins and operating costs. A separate market report also noted bearish options positioning in DAL, adding to cautious sentiment. Higher oil and rate pressure reignite margin concerns Airline stocks drawing unusual options volume

Delta Air Lines Company Profile

(Get Free Report)

Delta Air Lines is a U.S.-based airline that provides passenger and cargo transportation. It serves domestic and international destinations through its own flights and relationships with partner airlines, with major hubs including Atlanta, Detroit, Minneapolis–Saint Paul, New York, and Salt Lake City. The company offers multiple cabin and fare options, including Delta One, First Class, Delta Comfort+ and Main Cabin. Its other businesses and services include Delta Cargo, the SkyMiles loyalty program, and aircraft maintenance and repair services through Delta TechOps.

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