Delta Air Lines, Inc. $DAL Shares Bought by Independent Advisor Alliance

Independent Advisor Alliance grew its stake in Delta Air Lines, Inc. (NYSE:DAL) by 41.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 53,601 shares of the transportation company’s stock after buying an additional 15,661 shares during the quarter. Independent Advisor Alliance’s holdings in Delta Air Lines were worth $3,042,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DAL. Private Trust Co. NA boosted its position in Delta Air Lines by 3.3% in the 3rd quarter. Private Trust Co. NA now owns 5,493 shares of the transportation company’s stock worth $312,000 after purchasing an additional 174 shares in the last quarter. HBK Sorce Advisory LLC boosted its holdings in Delta Air Lines by 3.2% during the third quarter. HBK Sorce Advisory LLC now owns 5,871 shares of the transportation company’s stock worth $362,000 after buying an additional 181 shares in the last quarter. Foundations Investment Advisors LLC grew its position in Delta Air Lines by 2.6% during the second quarter. Foundations Investment Advisors LLC now owns 7,844 shares of the transportation company’s stock valued at $386,000 after buying an additional 196 shares during the period. Valeo Financial Advisors LLC raised its position in shares of Delta Air Lines by 1.3% in the third quarter. Valeo Financial Advisors LLC now owns 16,101 shares of the transportation company’s stock worth $914,000 after acquiring an additional 201 shares during the period. Finally, Ethic Inc. grew its position in shares of Delta Air Lines by 1.9% during the 3rd quarter. Ethic Inc. now owns 10,578 shares of the transportation company’s stock valued at $600,000 after acquiring an additional 202 shares during the period. 69.93% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Steven M. Sear sold 31,290 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $69.69, for a total value of $2,180,600.10. Following the transaction, the executive vice president directly owned 97,505 shares in the company, valued at approximately $6,795,123.45. This represents a 24.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Rahul D. Samant sold 57,003 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $69.57, for a total value of $3,965,698.71. Following the completion of the transaction, the executive vice president 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. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 351,243 shares of company stock worth $24,742,087 over the last ninety days. 0.96% of the stock is currently owned by insiders.

Delta Air Lines Price Performance

DAL stock opened at $65.80 on Monday. Delta Air Lines, Inc. has a 1 year low of $34.74 and a 1 year high of $73.16. The firm has a market capitalization of $42.97 billion, a PE ratio of 8.58, a price-to-earnings-growth ratio of 0.64 and a beta of 1.37. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.40 and a quick ratio of 0.34. The business has a 50 day simple moving average of $68.66 and a 200-day simple moving average of $61.90.

Delta Air Lines (NYSE:DAL) last issued its earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.02. The business 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 company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period last year, the company 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. Equities research analysts anticipate that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DAL has been the topic of a number of recent analyst reports. Wall Street Zen downgraded Delta Air Lines from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. Argus set a $80.00 target price on Delta Air Lines in a research report on Wednesday, January 14th. Barclays boosted their price target on shares of Delta Air Lines from $65.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Delta Air Lines from $63.00 to $72.00 and gave the stock a “buy” rating in a research report on Friday, October 10th. Finally, Citigroup reiterated a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $80.47.

About Delta Air Lines

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.