Allianz Asset Management GmbH Acquires 550,480 Shares of Delta Air Lines, Inc. $DAL

Allianz Asset Management GmbH boosted its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 24.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,791,581 shares of the transportation company’s stock after buying an additional 550,480 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.43% of Delta Air Lines worth $158,422,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Private Trust Co. NA increased its stake in shares of Delta Air Lines by 3.3% in the third 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 stake in shares of Delta Air Lines by 3.2% during the 3rd quarter. HBK Sorce Advisory LLC now owns 5,871 shares of the transportation company’s stock worth $362,000 after purchasing an additional 181 shares during the period. Foundations Investment Advisors LLC lifted its stake in shares of Delta Air Lines by 2.6% during the 2nd quarter. Foundations Investment Advisors LLC now owns 7,844 shares of the transportation company’s stock worth $386,000 after acquiring an additional 196 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in shares of Delta Air Lines by 1.3% during the 3rd 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 last quarter. Finally, Ethic Inc. lifted its holdings in 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 buying an additional 202 shares in the last quarter. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Peter W. Carter sold 14,300 shares of Delta Air Lines stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $70.30, for a total value of $1,005,290.00. Following the sale, the insider owned 177,142 shares of the company’s stock, valued at approximately $12,453,082.60. This trade represents a 7.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Rahul D. Samant sold 57,003 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $69.57, for a total transaction of $3,965,698.71. Following the transaction, the executive vice president owned 36,246 shares of the company’s stock, valued at approximately $2,521,634.22. This trade represents a 61.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 351,243 shares of company stock valued at $24,742,087. 0.88% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on DAL shares. Citigroup reaffirmed a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. Barclays lifted their price target on Delta Air Lines from $65.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, January 12th. TD Cowen reissued a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Dbs Bank upgraded shares of Delta Air Lines to a “moderate buy” rating in a research note on Monday, January 19th. Finally, Jefferies Financial Group boosted their target price on Delta Air Lines from $72.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $80.47.

Delta Air Lines Stock Up 4.8%

DAL opened at $69.05 on Tuesday. The company has a fifty day moving average of $68.83 and a two-hundred day moving average of $61.99. The stock has a market capitalization of $45.08 billion, a price-to-earnings ratio of 9.00, a PEG ratio of 0.64 and a beta of 1.38. Delta Air Lines, Inc. has a fifty-two week low of $34.74 and a fifty-two week high of $73.16. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.34 and a current ratio of 0.40.

Delta Air Lines (NYSE:DAL) last posted its earnings results on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.02. The firm had revenue of $14.61 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm 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. On average, research analysts expect that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

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.