Delta Air Lines, Inc. $DAL Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. trimmed its holdings in shares of Delta Air Lines, Inc. (NYSE:DAL) by 46.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 262,475 shares of the transportation company’s stock after selling 230,902 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Delta Air Lines were worth $14,876,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DAL. Wellington Management Group LLP increased its position in shares of Delta Air Lines by 54.8% in the third quarter. Wellington Management Group LLP now owns 5,817,783 shares of the transportation company’s stock worth $330,159,000 after acquiring an additional 2,058,744 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of 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 acquiring an additional 1,648,071 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of 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. Marshall Wace LLP boosted its position in Delta Air Lines by 16,044.7% during the 3rd 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 during the period. Finally, Ninety One UK Ltd boosted its position in Delta Air Lines by 23.6% during the 3rd 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 during the period. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. TD Cowen lowered Delta Air Lines from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 10th. BNP Paribas Exane upped their target price on Delta Air Lines from $70.00 to $85.00 and gave the stock an “outperform” rating in a research report on Monday, December 8th. Susquehanna increased their target price on Delta Air Lines from $70.00 to $85.00 and gave the company a “positive” rating in a research note on Friday, January 9th. UBS Group dropped their target price on Delta Air Lines from $90.00 to $87.00 and set a “buy” rating on the stock in a report on Wednesday, January 14th. Finally, HSBC boosted their price target on Delta Air Lines from $73.70 to $80.20 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. One 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $79.43.

Delta Air Lines Stock Performance

NYSE:DAL opened at $58.79 on Monday. The firm has a 50-day moving average of $67.96 and a two-hundred day moving average of $64.11. 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 has a market cap of $38.39 billion, a P/E ratio of 7.66, a PEG ratio of 0.59 and a beta of 1.34. 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 announced 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. Delta Air Lines had a return on equity of 20.96% and a net margin of 7.90%.The business had revenue of $14.61 billion for the quarter, compared to analyst estimates of $15.80 billion. During the same period in the previous year, the company earned $1.85 earnings per share. The company’s revenue for the quarter 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. On average, research analysts expect that Delta Air Lines, Inc. will post 7.63 earnings per share for the current fiscal year.

Delta Air Lines Dividend Announcement

The firm also recently disclosed 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 is Thursday, February 26th. This represents a $0.75 annualized dividend and a yield of 1.3%. Delta Air Lines’s payout ratio is currently 9.78%.

Insider Buying and Selling

In other Delta Air Lines news, EVP Alain Bellemare sold 36,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $69.21, for a total value of $2,491,560.00. Following the transaction, the executive vice president directly owned 95,731 shares of the company’s stock, valued at $6,625,542.51. This represents a 27.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Erik Storey Snell sold 39,420 shares of the 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 transaction, the executive vice president owned 35,625 shares of the company’s stock, valued at approximately $2,530,087.50. This trade represents a 52.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 620,550 shares of company stock worth $44,127,667 over the last 90 days. 0.96% of the stock is currently owned by corporate insiders.

Key Delta Air Lines News

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

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.