Erik Storey Snell Sells 39,420 Shares of Delta Air Lines (NYSE:DAL) Stock

Delta Air Lines, Inc. (NYSE:DAL) EVP Erik Storey Snell sold 39,420 shares of the stock in a transaction on Friday, January 16th. The stock was sold at an average price of $71.02, for a total value of $2,799,608.40. Following the sale, the executive vice president owned 35,625 shares of the company’s stock, valued at approximately $2,530,087.50. This represents a 52.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Delta Air Lines Stock Performance

Shares of NYSE DAL opened at $68.95 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34. Delta Air Lines, Inc. has a one year low of $34.74 and a one year high of $73.16. The business’s 50-day moving average price is $67.52 and its two-hundred day moving average price is $61.28. The company has a market capitalization of $45.02 billion, a P/E ratio of 8.99, a price-to-earnings-growth ratio of 0.66 and a beta of 1.38.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.02. The company had revenue of $14.61 billion during the quarter, compared to the consensus estimate of $15.80 billion. Delta Air Lines had a return on equity of 20.99% and a net margin of 7.90%.The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the business earned $1.85 EPS. Delta Air Lines has set its Q1 2026 guidance at 0.500-0.900 EPS and its FY 2026 guidance at 6.500-7.500 EPS. Analysts anticipate that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Delta Air Lines

Several hedge funds and other institutional investors have recently made changes to their positions in DAL. Vanguard Group Inc. boosted its stake in Delta Air Lines by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock valued at $3,667,479,000 after purchasing an additional 1,648,071 shares during the period. State Street Corp lifted its holdings in shares of Delta Air Lines by 2.6% during the second quarter. State Street Corp now owns 23,059,848 shares of the transportation company’s stock worth $1,134,083,000 after buying an additional 581,421 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Delta Air Lines by 3.3% in the second quarter. Geode Capital Management LLC now owns 16,757,932 shares of the transportation company’s stock valued at $822,127,000 after acquiring an additional 527,570 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Delta Air Lines by 23.3% in the third quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company’s stock valued at $434,813,000 after acquiring an additional 1,447,058 shares during the period. Finally, AQR Capital Management LLC grew its stake in shares of Delta Air Lines by 0.8% in the second quarter. AQR Capital Management LLC now owns 6,012,856 shares of the transportation company’s stock worth $295,712,000 after acquiring an additional 48,974 shares during the last quarter. 69.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on DAL shares. Wolfe Research increased their price target on shares of Delta Air Lines from $70.00 to $83.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 14th. Citigroup reissued a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $80.00 price target on shares of Delta Air Lines in a research report on Friday, December 19th. UBS Group lowered their price objective on Delta Air Lines from $90.00 to $87.00 and set a “buy” rating on the stock in a report on Wednesday, January 14th. Finally, Susquehanna raised their price objective on Delta Air Lines from $70.00 to $85.00 and gave the company a “positive” rating in a research note on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $80.47.

More Delta Air Lines News

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

• Positive Sentiment: Jefferies raised its price target on DAL to $84 and reiterated a Buy, which increases upside expectations and can attract buyers. Read More.
• Positive Sentiment: DBS upgraded Delta to a “moderate buy,” adding to analyst momentum that supports demand for the shares. Read More.
• Positive Sentiment: Sector tailwinds from United Airlines’ strong Q4 (notably premium/corporate demand) are being read across to Delta, reinforcing expectations of resilient demand for major U.S. carriers. Read More.
• Neutral Sentiment: Delta reported record free cash flow for FY‑2025 and a modest EPS beat, strengthening the balance-sheet and cash-generation narrative that underpins valuation conversations. Investors will watch whether cash flow sustains and funds buybacks/deleveraging. Read More.
• Neutral Sentiment: Valuation pieces are highlighting DAL’s cheap forward multiples after debt reduction and cash-flow improvements — this frames the stock as a value play but hinges on execution of growth plans. Read More.
• Neutral Sentiment: Press coverage notes Delta’s “boldest bet since the pandemic” — a strategic expansion that could be accretive if executed, but raises near‑term execution and capital allocation questions. Read More.
• Negative Sentiment: Insider selling: EVP Erik Storey Snell sold 39,420 shares at an average of $71.02 (SEC filing). Large insider disposals can spook some investors even if motivated by diversification or taxes. Read More.
• Negative Sentiment: Delta’s Q4 revenue missed some analyst estimates ($14.61B vs. ~$15.8B consensus), which tempers the optimism from the EPS beat and free‑cash‑flow strength. Read More.

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.