Aristides Capital LLC Has $6.79 Million Stock Holdings in Delta Air Lines, Inc. $DAL

Aristides Capital LLC lowered its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 14.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 119,702 shares of the transportation company’s stock after selling 21,000 shares during the period. Delta Air Lines makes up about 1.0% of Aristides Capital LLC’s holdings, making the stock its 13th biggest position. Aristides Capital LLC’s holdings in Delta Air Lines were worth $6,793,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. 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 last quarter. State Street Corp raised its position in Delta Air Lines by 2.6% in 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 during the last quarter. Geode Capital Management LLC raised its position in Delta Air Lines by 3.3% in the 2nd quarter. Geode Capital Management LLC now owns 16,757,932 shares of the transportation company’s stock valued at $822,127,000 after buying an additional 527,570 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Delta Air Lines by 23.3% during the 3rd 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 in the last quarter. Finally, AQR Capital Management LLC lifted its stake in Delta Air Lines by 0.8% during the 2nd quarter. AQR Capital Management LLC now owns 6,012,856 shares of the transportation company’s stock valued at $295,712,000 after acquiring an additional 48,974 shares in the last quarter. 69.93% of the stock is currently owned by institutional investors.

More Delta Air Lines News

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

• Positive Sentiment: Citi Research put Delta on a 30-day “positive catalyst” watch, which suggests potential near-term upside if catalysts materialize. Citi positive catalyst watch
• Positive Sentiment: Analysts remain constructive in places: Citi’s John Godyn reiterated a Buy on Delta citing resilient earnings, refinery exposure and trans‑Atlantic pricing upside — supportive evidence for medium-term earnings upside. TipRanks article
• Positive Sentiment: Some bulls still see large upside — coverage highlights a Wall Street call that models roughly 50% upside this year versus current levels, keeping a possible recovery scenario on the table. 24/7 Wall St piece
• Neutral Sentiment: Delta will present at the J.P. Morgan Industrials Conference on March 17 — a near-term event that could provide fresh guidance detail or reassure investors. J.P. Morgan presentation
• Neutral Sentiment: Coverage examining whether Delta is now attractively valued notes recent weakness but also longer‑term gains; this frames the stock as a value/turnaround debate. Valuation analysis
• Neutral Sentiment: Analysts point out Delta has underperformed broader indices recently even as consensus targets remain well above the current price, creating scope for both downside and rebound. Barchart analysis
• Negative Sentiment: Jefferies cut its price target to $72 from $84 (still a Buy) — a meaningful reduction in upside expectations that likely dampened investor sentiment. Jefferies PT cut
• Negative Sentiment: Rothschild & Co Redburn trimmed its target to $70 from $72 while keeping a Buy — another downward tweak to street targets. Rothschild target cut
• Negative Sentiment: TD Cowen downgraded Delta from “strong-buy” to “hold,” reducing conviction among buy‑side investors and potentially lowering demand for shares. TD Cowen downgrade
• Negative Sentiment: Broader market weakness — a large index selloff tied to an oil price surge — is pressuring cyclical airline stocks today and likely amplified Delta’s decline. Market selloff coverage
• Negative Sentiment: Geopolitical/airspace risk: Middle East disruptions and flight cancellations in the region remain a downside operational risk for airlines. Middle East flight cancellations

Delta Air Lines Trading Down 2.2%

Shares of DAL opened at $57.86 on Friday. Delta Air Lines, Inc. has a fifty-two week low of $34.74 and a fifty-two week high of $76.39. The business has a 50-day moving average of $68.17 and a 200 day moving average of $64.08. The firm has a market cap of $37.79 billion, a P/E ratio of 7.54, a price-to-earnings-growth ratio of 0.59 and a beta of 1.34. 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 issued its 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 firm had revenue of $14.61 billion during the quarter, compared to analyst estimates of $15.80 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. The company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the business earned $1.85 earnings per share. 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 EPS for the current year.

Delta Air Lines Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, February 26th will be issued a dividend of $0.1875 per share. The ex-dividend date of this dividend is Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a yield of 1.3%. Delta Air Lines’s payout ratio is presently 9.78%.

Insider Buying and Selling at Delta Air Lines

In other news, EVP Alain Bellemare sold 35,212 shares of Delta Air Lines stock in a transaction on Monday, February 9th. The stock was sold at an average price of $75.20, for a total value of $2,647,942.40. Following the completion of the transaction, the executive vice president directly owned 138,176 shares in the company, valued at approximately $10,390,835.20. The trade was a 20.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Rahul D. Samant sold 62,528 shares of the business’s 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 sale, the executive vice president owned 20,939 shares in the company, valued at approximately $1,469,499.02. The trade was a 74.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 620,550 shares of company stock worth $44,127,667. Company insiders own 0.88% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on DAL shares. HSBC upped their target price on shares of Delta Air Lines from $73.70 to $80.20 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Sanford C. Bernstein reiterated an “outperform” rating and set a $81.00 target price on shares of Delta Air Lines in a research note on Wednesday, January 14th. Raymond James Financial reissued a “strong-buy” rating and issued a $80.00 price target on shares of Delta Air Lines in a report on Friday, December 19th. BMO Capital Markets restated an “outperform” rating on shares of Delta Air Lines in a research report on Wednesday, January 14th. Finally, Barclays lifted their price objective on shares of Delta Air Lines from $65.00 to $85.00 and gave the stock an “overweight” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $79.43.

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.