Arista Wealth Management LLC Boosts Holdings in Delta Air Lines, Inc. $DAL

Arista Wealth Management LLC raised its stake in Delta Air Lines, Inc. (NYSE:DAL) by 102.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 15,221 shares of the transportation company’s stock after purchasing an additional 7,700 shares during the quarter. Arista Wealth Management LLC’s holdings in Delta Air Lines were worth $864,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of DAL. ProShare Advisors LLC raised its stake in Delta Air Lines by 2.1% in the third quarter. ProShare Advisors LLC now owns 114,551 shares of the transportation company’s stock worth $6,501,000 after buying an additional 2,348 shares in the last quarter. Gables Capital Management Inc. lifted its stake in shares of Delta Air Lines by 9.9% in the 3rd quarter. Gables Capital Management Inc. now owns 2,225 shares of the transportation company’s stock valued at $126,000 after purchasing an additional 200 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of Delta Air Lines by 50.2% in the 3rd quarter. Smartleaf Asset Management LLC now owns 16,611 shares of the transportation company’s stock valued at $958,000 after purchasing an additional 5,549 shares during the period. Bessemer Group Inc. grew its stake in Delta Air Lines by 3.9% in the third quarter. Bessemer Group Inc. now owns 18,594 shares of the transportation company’s stock worth $1,055,000 after purchasing an additional 690 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S raised its holdings in Delta Air Lines by 21.6% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 190,088 shares of the transportation company’s stock worth $10,787,000 after purchasing an additional 33,789 shares in the last quarter. 69.93% of the stock is owned by institutional investors.

Insider Activity

In other Delta Air Lines news, EVP Erik Storey Snell sold 39,420 shares of Delta Air Lines stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $71.02, for a total value of $2,799,608.40. Following the completion of the sale, the executive vice president owned 35,625 shares of the company’s stock, valued at approximately $2,530,087.50. The trade was a 52.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Rahul D. Samant sold 62,528 shares of the stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $70.18, for a total value of $4,388,215.04. Following the transaction, the executive vice president directly owned 20,939 shares in the company, valued at $1,469,499.02. The trade was a 74.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 419,738 shares of company stock valued at $29,536,655 over the last three months. Corporate insiders own 0.96% of the company’s stock.

Delta Air Lines Price Performance

Shares of DAL opened at $75.05 on Tuesday. Delta Air Lines, Inc. has a twelve month low of $34.74 and a twelve month high of $75.72. The company has a market capitalization of $49.00 billion, a P/E ratio of 9.78, a price-to-earnings-growth ratio of 0.73 and a beta of 1.37. The firm has a 50 day moving average of $69.68 and a 200 day moving average of $62.57. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60.

Delta Air Lines (NYSE:DAL) last issued its earnings results on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, beating 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 business had revenue of $14.61 billion for the quarter, compared to the consensus estimate of $15.80 billion. During the same period last year, the business posted $1.85 EPS. The company’s revenue was up 2.9% compared to the same quarter last year. 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, equities research analysts anticipate that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Delta Air Lines Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, February 26th will be paid a $0.1875 dividend. The ex-dividend date is Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.0%. Delta Air Lines’s payout ratio is currently 9.78%.

Analyst Upgrades and Downgrades

DAL has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Delta Air Lines in a research report on Wednesday, January 21st. TD Cowen reissued a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. Citigroup reaffirmed a “buy” rating on shares of Delta Air Lines in a research note on Wednesday, January 7th. Wolfe Research boosted their price target on Delta Air Lines from $70.00 to $83.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. Finally, Wall Street Zen cut Delta Air Lines from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. One equities research analyst has rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $80.47.

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.