Wealth Enhancement Advisory Services LLC Boosts Holdings in Delta Air Lines, Inc. $DAL

Wealth Enhancement Advisory Services LLC boosted its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 8.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 198,218 shares of the transportation company’s stock after acquiring an additional 15,428 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Delta Air Lines were worth $11,225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Delta Air Lines by 2.3% in 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. Ninety One UK Ltd raised its holdings in Delta Air Lines by 23.6% in the third quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company’s stock worth $219,095,000 after purchasing an additional 736,342 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in 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 valued at $118,409,000 after buying an additional 685,312 shares during the period. State Street Corp boosted its holdings in shares of Delta Air Lines by 2.6% during the 2nd quarter. State Street Corp now owns 23,059,848 shares of the transportation company’s stock valued at $1,134,083,000 after buying an additional 581,421 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Delta Air Lines in the 2nd quarter worth about $27,351,000. 69.93% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Argus set a $80.00 price target on shares of Delta Air Lines in a research report on Wednesday, January 14th. HSBC lifted their target price on shares of Delta Air Lines from $73.70 to $80.20 and gave the company a “buy” rating in a report on Wednesday, January 14th. TD Cowen restated a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. Wells Fargo & Company set a $87.00 price objective on Delta Air Lines in a research note on Thursday, December 18th. Finally, Bank of America boosted their target price on Delta Air Lines from $74.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company’s stock. According to MarketBeat.com, Delta Air Lines currently has an average rating of “Buy” and an average target price of $80.47.

Delta Air Lines Stock Performance

DAL stock opened at $67.91 on Friday. The stock’s 50 day simple moving average is $67.71 and its 200 day simple moving average is $61.40. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.60. Delta Air Lines, Inc. has a 12-month low of $34.74 and a 12-month high of $73.16. The stock has a market capitalization of $44.34 billion, a PE ratio of 8.85, 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 the consensus estimate of $1.53 by $0.02. Delta Air Lines had a return on equity of 20.99% and a net margin of 7.90%.The firm had revenue of $14.61 billion during the quarter, compared to analysts’ expectations of $15.80 billion. During the same quarter in the previous year, the business earned $1.85 earnings per share. The company’s revenue was up 2.9% on a year-over-year basis. 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. As a group, research analysts forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Edward H. Bastian sold 173,230 shares of Delta Air Lines stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $71.00, for a total value of $12,299,330.00. Following the completion of the sale, the chief executive officer directly owned 632,823 shares in the company, valued at $44,930,433. The trade was a 21.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Rahul D. Samant sold 57,003 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $69.57, for a total transaction of $3,965,698.71. Following the transaction, the executive vice president directly owned 36,246 shares of the company’s stock, valued at $2,521,634.22. The trade was a 61.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 351,243 shares of company stock worth $24,742,087. 0.88% of the stock is owned by corporate insiders.

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.