Cerity Partners LLC Raises Stock Position in Delta Air Lines, Inc. $DAL

Cerity Partners LLC lifted its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 2.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 374,613 shares of the transportation company’s stock after purchasing an additional 8,818 shares during the quarter. Cerity Partners LLC owned about 0.06% of Delta Air Lines worth $21,259,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Savant Capital LLC raised its position in Delta Air Lines by 84.0% in the 2nd quarter. Savant Capital LLC now owns 181,995 shares of the transportation company’s stock valued at $8,951,000 after purchasing an additional 83,072 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Delta Air Lines by 39.8% during the second quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock worth $118,409,000 after buying an additional 685,312 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Delta Air Lines by 8.8% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 825,916 shares of the transportation company’s stock worth $40,619,000 after buying an additional 67,002 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Delta Air Lines in the second quarter valued at approximately $15,138,000. Finally, Board of the Pension Protection Fund purchased a new position in Delta Air Lines in the third quarter worth approximately $1,141,000. Institutional investors and hedge funds own 69.93% of the company’s stock.

Delta Air Lines Price Performance

Shares of DAL opened at $72.26 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.40 and a quick ratio of 0.34. Delta Air Lines, Inc. has a 1-year low of $34.74 and a 1-year high of $73.16. The stock has a market cap of $47.18 billion, a PE ratio of 10.18, a price-to-earnings-growth ratio of 1.17 and a beta of 1.38. The firm has a fifty day moving average price of $65.51 and a 200 day moving average price of $60.03.

Delta Air Lines (NYSE:DAL) last posted its earnings results on Tuesday, March 15th. The transportation company reported $0.22 EPS for the quarter. Delta Air Lines had a return on equity of 23.83% and a net margin of 7.36%.The business had revenue of $8.40 billion for the quarter. As a group, sell-side analysts anticipate that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on DAL shares. Susquehanna increased their price objective on shares of Delta Air Lines from $70.00 to $85.00 and gave the company a “positive” rating in a research report on Friday. Evercore ISI boosted their target price on shares of Delta Air Lines from $70.00 to $75.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. Jefferies Financial Group dropped their target price on Delta Air Lines from $74.00 to $72.00 and set a “buy” rating on the stock in a report on Tuesday, December 2nd. JPMorgan Chase & Co. lifted their price target on Delta Air Lines from $72.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. Finally, Wolfe Research lowered their price objective on Delta Air Lines from $72.00 to $70.00 and set an “outperform” rating for the company in a research report on Monday, November 17th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. According to MarketBeat.com, Delta Air Lines currently has a consensus rating of “Buy” and an average target price of $76.64.

Insider Buying and Selling

In other news, EVP John E. Laughter sold 23,323 shares of the stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $62.33, for a total value of $1,453,722.59. Following the completion of the sale, the executive vice president directly owned 81,109 shares of the company’s stock, valued at approximately $5,055,523.97. This represents a 22.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP William C. Carroll sold 14,010 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $61.25, for a total transaction of $858,112.50. Following the transaction, the senior vice president owned 15,816 shares in the company, valued at approximately $968,730. This trade represents a 46.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.88% of the company’s stock.

More Delta Air Lines News

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

• Positive Sentiment: Analysts raised price targets and ratings, increasing implied upside and supporting near‑term buying interest. Citi lifted its target to $87 from $77. Citi raises DAL price target Susquehanna raised its target to $85 and moved to a “positive” rating, citing constructive fundamentals and premiumization momentum. Susquehanna upgrade TD Cowen also increased its target to $82. TD Cowen target raise
• Positive Sentiment: Bank of America expressed bullish near‑term expectations for DAL, adding to analyst momentum and helping investor sentiment ahead of earnings. BofA commentary
• Positive Sentiment: Delta is expanding its lifestyle and loyalty offerings via a partnership with Sphere to include SKY360 Club access for SkyMiles members — a strategic move that can help premium‑cabin demand and ancillary revenue over time. Sphere partnership
• Neutral Sentiment: Q4 earnings previews and estimates are in focus: analysts are watching premiumization (more travelers paying for premium seats and ancillary services) to see if it sustains margin momentum. Upcoming results will be the main catalyst. Seeking Alpha Q4 preview Zacks estimates preview
• Neutral Sentiment: Analysts have been revising forecasts ahead of the earnings call; accuracy of these revisions matters but they’re not definitive until management commentary and results are released. Analyst revisions
• Neutral Sentiment: Long‑term ownership performance commentary (e.g., what $1,000 invested 15 years ago would be worth) is informative for sentiment but has limited impact on near‑term price action. 15‑year performance piece

Delta Air Lines Company 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.