Delta Air Lines, Inc. $DAL is Arrow Capital Pty Ltd’s 4th Largest Position

Arrow Capital Pty Ltd lessened its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 27.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 110,000 shares of the transportation company’s stock after selling 40,852 shares during the quarter. Delta Air Lines makes up about 0.1% of Arrow Capital Pty Ltd’s portfolio, making the stock its 4th biggest position. Arrow Capital Pty Ltd’s holdings in Delta Air Lines were worth $6,242,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wellington Management Group LLP lifted its stake in shares of Delta Air Lines by 54.8% during the 3rd quarter. Wellington Management Group LLP now owns 5,817,783 shares of the transportation company’s stock worth $330,159,000 after purchasing an additional 2,058,744 shares during the last quarter. Vanguard Group Inc. grew its stake in Delta Air Lines by 2.3% in the second 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. Bank of New York Mellon Corp grew its stake in Delta Air Lines by 23.3% in the third 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 purchasing an additional 1,447,058 shares during the last quarter. Marshall Wace LLP raised its holdings in Delta Air Lines by 16,044.7% in the third quarter. Marshall Wace LLP now owns 1,263,320 shares of the transportation company’s stock worth $71,693,000 after purchasing an additional 1,255,495 shares in the last quarter. Finally, 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. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DAL has been the topic of a number of recent analyst reports. TD Cowen cut shares of Delta Air Lines from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. UBS Group reduced their price objective on shares of Delta Air Lines from $90.00 to $87.00 and set a “buy” rating for the company in a research note on Wednesday, January 14th. Citigroup reissued a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. BMO Capital Markets restated an “outperform” rating on shares of Delta Air Lines in a research note on Wednesday, January 14th. Finally, Bank of America lifted their price target on shares of 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, twenty-one have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $79.43.

Key Headlines Impacting Delta Air Lines

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

• Positive Sentiment: Jefferies cut its price target to $72 but retained a Buy rating, signaling continued analyst conviction in Delta’s longer‑term recovery and implying upside from current levels. Delta Air Lines (NYSE:DAL) Given New $72.00 Price Target at Jefferies Financial Group
• Positive Sentiment: Citi put Delta on a 30‑day “positive catalyst watch,” highlighting potential near‑term bullish catalysts (refinery edge, trans‑Atlantic demand) that could support the stock. Citi Research puts Delta and SkyWest on 30‑day positive catalyst watch
• Positive Sentiment: Industry reporting notes that credit‑card partnerships and upfront cash from co‑branded cards are reshaping airline loyalty economics and improving non‑fare profit streams — a tailwind for Delta’s margins and cash flow. Credit‑card cash reshapes US airline loyalty — and profit
• Neutral Sentiment: Rothschild & Co Redburn trimmed its price target to $70 but kept a Buy rating, reflecting mixed views: confidence in Delta’s fundamentals but recognition of near‑term capacity and margin pressure. Rothschild & Co Redburn Lowers Delta Air Lines, Inc. (DAL) Price Target to $70
• Neutral Sentiment: Recent coverage weighing valuation: some outlets argue the pullback makes DAL attractive versus historic ranges, while others flag the stock’s YTD weakness — a reminder that consensus upside still coexists with risk. Is Delta Air Lines Stock Underperforming the Nasdaq?
• Negative Sentiment: Delta extended a pause on New York–Tel Aviv flights through month‑end amid regional volatility, reducing international capacity and near‑term revenue on that route. Delta extends pause on New York‑Tel Aviv flights through month‑end
• Negative Sentiment: Oil has surged toward $100/barrel, prompting sectorwide downdrafts as fuel costs and perceived travel risk rise — a primary immediate headwind for airline margins and stock performance. Airline Stocks Were Pricing 2026 Like A Runway—Oil Just Made It A Cliff Edge
• Negative Sentiment: TD Cowen downgraded Delta to a “Hold,” adding to mixed sell‑side signals and increasing short‑term sentiment pressure. Delta Air Lines (NYSE:DAL) Cut to “Hold” at TD Cowen

Insider Transactions at Delta Air Lines

In other Delta Air Lines news, EVP Alain Bellemare sold 35,212 shares of Delta Air Lines stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $75.20, for a total transaction of $2,647,942.40. Following the completion of the sale, 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Rahul D. Samant sold 62,528 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $70.18, for a total transaction of $4,388,215.04. Following the completion of the sale, the executive vice president directly owned 20,939 shares in the company, valued at $1,469,499.02. This trade represents a 74.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 620,550 shares of company stock valued at $44,127,667 over the last quarter. Company insiders own 0.88% of the company’s stock.

Delta Air Lines Price Performance

NYSE DAL opened at $58.79 on Friday. The company has a market cap of $38.39 billion, a price-to-earnings ratio of 7.66, a PEG ratio of 0.59 and a beta of 1.34. 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 stock’s fifty day moving average price is $67.96 and its 200 day moving average price is $64.09. Delta Air Lines, Inc. has a 1 year low of $34.74 and a 1 year high of $76.39.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.02. The company had revenue of $14.61 billion during the quarter, compared to analysts’ expectations of $15.80 billion. Delta Air Lines had a return on equity of 20.96% and a net margin of 7.90%.The firm’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. As a group, equities research analysts forecast that Delta Air Lines, Inc. will post 7.63 earnings per share for the current year.

Delta Air Lines Dividend Announcement

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

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.