Delta Air Lines, Inc. $DAL Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 21.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,530 shares of the transportation company’s stock after selling 28,524 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Delta Air Lines were worth $5,875,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Citizens National Bank Trust Department lifted its position in Delta Air Lines by 140.3% during the third quarter. Citizens National Bank Trust Department now owns 10,091 shares of the transportation company’s stock worth $573,000 after buying an additional 5,891 shares in the last quarter. Lecap Asset Management Ltd. acquired a new stake in shares of Delta Air Lines in the 3rd quarter worth $568,000. HB Wealth Management LLC raised its holdings in shares of Delta Air Lines by 17.8% during the 3rd quarter. HB Wealth Management LLC now owns 151,921 shares of the transportation company’s stock worth $8,622,000 after acquiring an additional 22,957 shares during the period. Moran Wealth Management LLC acquired a new position in shares of Delta Air Lines during the 3rd quarter valued at about $269,000. Finally, CX Institutional grew its holdings in shares of Delta Air Lines by 12.8% in the third quarter. CX Institutional now owns 8,707 shares of the transportation company’s stock valued at $494,000 after purchasing an additional 988 shares during the period. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Delta Air Lines

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 Trading Up 1.4%

Shares of NYSE DAL opened at $72.26 on Monday. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $47.18 billion, a PE ratio of 10.18, a PEG ratio of 1.17 and a beta of 1.38. Delta Air Lines, Inc. has a twelve month low of $34.74 and a twelve month high of $73.16. The stock has a fifty day simple moving average of $65.51 and a 200-day simple moving average of $60.19.

Delta Air Lines (NYSE:DAL) last announced its earnings results on Tuesday, March 15th. The transportation company reported $0.22 EPS for the quarter. The company had revenue of $8.40 billion during the quarter. Delta Air Lines had a return on equity of 23.83% and a net margin of 7.36%. On average, equities analysts forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

Insider Activity

In other news, EVP John E. Laughter sold 23,323 shares of the firm’s stock in a transaction that occurred on Tuesday, October 21st. The shares were sold at an average price of $62.33, for a total value of $1,453,722.59. Following the completion of the transaction, the executive vice president owned 81,109 shares of the company’s stock, valued at approximately $5,055,523.97. This trade represents a 22.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP William C. Carroll sold 14,010 shares of Delta Air Lines stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $61.25, for a total transaction of $858,112.50. Following the completion of the transaction, the senior vice president owned 15,816 shares of the company’s stock, valued at $968,730. This trade represents a 46.97% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.96% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have commented on DAL shares. Cowen reaffirmed a “buy” rating on shares of Delta Air Lines in a research note on Wednesday. The Goldman Sachs Group lifted their price target on shares of Delta Air Lines from $68.00 to $77.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft increased their price objective on Delta Air Lines from $63.00 to $72.00 and gave the stock a “buy” rating in a research report on Friday, October 10th. Wolfe Research reduced their target price on Delta Air Lines from $72.00 to $70.00 and set an “outperform” rating on the stock in a research report on Monday, November 17th. Finally, Sanford C. Bernstein increased their price target on Delta Air Lines from $71.00 to $74.00 and gave the stock an “outperform” rating in a report on Friday, October 10th. Two equities research analysts have rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to MarketBeat, Delta Air Lines has an average rating of “Buy” and an average target price of $76.64.

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.