Delta Air Lines (NYSE:DAL – Free Report) had its price target upped by TD Cowen from $76.00 to $84.00 in a research report report published on Thursday, Marketbeat Ratings reports. TD Cowen currently has a buy rating on the transportation company’s stock.
A number of other brokerages have also recently weighed in on DAL. Seaport Research Partners lifted their price objective on shares of Delta Air Lines from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Thursday. Wolfe Research cut their price objective on shares of Delta Air Lines from $81.00 to $73.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Weiss Ratings cut shares of Delta Air Lines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 6th. Jefferies Financial Group lifted their price objective on shares of Delta Air Lines from $72.00 to $78.00 and gave the company a “buy” rating in a research note on Tuesday, March 31st. Finally, Zacks Research cut shares of Delta Air Lines from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 17th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Delta Air Lines has an average rating of “Moderate Buy” and an average price target of $79.14.
Get Our Latest Stock Analysis on Delta Air Lines
Delta Air Lines Price Performance
Delta Air Lines (NYSE:DAL – Get Free Report) last issued its quarterly earnings data on Wednesday, April 8th. The transportation company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. Delta Air Lines had a net margin of 6.87% and a return on equity of 20.28%. The business had revenue of $14.20 billion for the quarter, compared to analysts’ expectations of $14.05 billion. During the same period in the previous year, the business earned $0.46 earnings per share. The company’s revenue was up 9.4% on a year-over-year basis. Equities analysts expect that Delta Air Lines will post 7.63 EPS for the current year.
Delta Air Lines Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, February 26th were paid a $0.1875 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a yield of 1.1%. Delta Air Lines’s dividend payout ratio (DPR) is currently 10.93%.
Insider Transactions at Delta Air Lines
In related news, EVP Alain Bellemare sold 36,000 shares of Delta Air Lines stock in a transaction dated 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 owned 95,731 shares of the company’s stock, valued at approximately $6,625,542.51. This trade represents a 27.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Erik Storey Snell sold 39,420 shares of Delta Air Lines stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $71.02, for a total value of $2,799,608.40. Following the completion of the transaction, the executive vice president directly owned 35,625 shares in the company, valued at $2,530,087.50. This represents a 52.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 620,550 shares of company stock worth $44,127,667 in the last three months. Insiders own 0.88% of the company’s stock.
Hedge Funds Weigh In On Delta Air Lines
Institutional investors have recently bought and sold shares of the stock. AlphaQuest LLC increased its stake in Delta Air Lines by 90.6% in the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after purchasing an additional 211 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in Delta Air Lines in the 4th quarter worth about $31,000. Camelot Portfolios LLC purchased a new position in Delta Air Lines in the 4th quarter worth about $34,000. Accredited Wealth Management LLC increased its stake in Delta Air Lines by 1,983.3% in the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after purchasing an additional 476 shares in the last quarter. Finally, Byrne Asset Management LLC purchased a new position in Delta Air Lines in the 4th quarter worth about $35,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.
Trending Headlines about Delta Air Lines
Here are the key news stories impacting Delta Air Lines this week:
- Positive Sentiment: Q1 results beat expectations — revenue and EPS surprised to the upside, which was cited as the main trigger for the relief rally in DAL shares. Delta (NYSE:DAL) Exceeds Q1 CY2026 Expectations, Stock Jumps 11.8%
- Positive Sentiment: Broker upgrades and higher price targets are piling up (UBS raised its target to $86, TD Cowen/Argus/Raymond James raised theirs), supporting bullish sentiment and providing analyst cover for further gains. Delta Air Lines (NYSE:DAL) Given New $86.00 Price Target at UBS Group
- Positive Sentiment: Geopolitical news (a U.S.–Iran ceasefire) pushed oil down, lifting airline multiples and reversing some immediate pressure on margins — a market tailwind that amplified the stock’s move. Stock Market Rally Revs Higher On Iran Ceasefire; Amazon, AI Names In Focus: Weekly Review
- Neutral Sentiment: Short interest jumped ~45% between Mar. 15 and Mar. 31 to ~23.97M shares (3.7% short), raising trading volatility risk and signaling increased bearish positioning or hedging activity.
- Neutral Sentiment: Unusual options activity has been noted on DAL, which can amplify intraday moves and skew implied volatility. Delta Air Lines Target of Unusually High Options Trading (NYSE:DAL)
- Negative Sentiment: Q2 guidance and fuel outlook weigh on fundamentals — Delta warned of roughly $2B of incremental fuel costs for the quarter, gave EPS guidance (Q2) well below consensus ( $1.00–$1.50 vs ~ $2.09 ), and said it will cut capacity and raise certain fees to offset costs. That guidance cap and $2B headwind are key reasons for caution. Delta’s Double Miss Is a Warning for Airline Stocks
- Negative Sentiment: Operational adjustments: Delta announced reduced flights and new fees as part of its response to the fuel shock — actions that help margins but may slow growth/PR and could cap upside if demand softens. Delta Air Lines is reducing flights and raising fees as it combats fuel shock. Here’s why the stock is up anyway
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.
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