Alain Bellemare Sells 35,212 Shares of Delta Air Lines (NYSE:DAL) Stock

Delta Air Lines, Inc. (NYSE:DAL) EVP Alain Bellemare sold 35,212 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $75.20, for a total transaction 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 $10,390,835.20. This trade represents a 20.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Alain Bellemare also recently made the following trade(s):

• On Thursday, January 15th, Alain Bellemare sold 36,000 shares of Delta Air Lines stock. The stock was sold at an average price of $69.21, for a total transaction of $2,491,560.00.

Delta Air Lines Stock Down 4.1%

DAL opened at $71.38 on Thursday. Delta Air Lines, Inc. has a twelve month low of $34.74 and a twelve month high of $76.39. The company’s 50-day moving average price is $69.94 and its two-hundred day moving average price is $62.77. The stock has a market cap of $46.61 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 0.72 and a beta of 1.37. 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 posted 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. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.99%. The company had revenue of $14.61 billion for the quarter, compared to analysts’ expectations of $15.80 billion. During the same quarter in the previous year, the firm posted $1.85 EPS. Delta Air Lines’s revenue was up 2.9% on a year-over-year basis. 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 analysts expect 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 declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, February 26th will be paid a dividend of $0.1875 per share. The ex-dividend date is Thursday, February 26th. This represents a $0.75 annualized dividend and a dividend yield of 1.1%. Delta Air Lines’s dividend payout ratio is presently 9.78%.

Institutional Investors Weigh In On Delta Air Lines

Several hedge funds have recently bought and sold shares of the stock. First Financial Bank Trust Division increased its holdings in shares of Delta Air Lines by 3.3% in the 4th quarter. First Financial Bank Trust Division now owns 4,721 shares of the transportation company’s stock worth $328,000 after buying an additional 150 shares during the last quarter. HBK Sorce Advisory LLC grew its position in Delta Air Lines by 2.6% in the fourth quarter. HBK Sorce Advisory LLC now owns 6,022 shares of the transportation company’s stock worth $454,000 after acquiring an additional 151 shares in the last quarter. Larson Financial Group LLC increased its stake in Delta Air Lines by 2.4% in the fourth quarter. Larson Financial Group LLC now owns 6,472 shares of the transportation company’s stock valued at $449,000 after acquiring an additional 152 shares during the last quarter. LRI Investments LLC raised its position in Delta Air Lines by 3.4% during the fourth quarter. LRI Investments LLC now owns 4,644 shares of the transportation company’s stock valued at $322,000 after purchasing an additional 154 shares in the last quarter. Finally, JFS Wealth Advisors LLC lifted its stake in Delta Air Lines by 25.4% during the fourth quarter. JFS Wealth Advisors LLC now owns 794 shares of the transportation company’s stock worth $55,000 after purchasing an additional 161 shares during the last quarter. 69.93% of the stock is currently owned by institutional investors.

Delta Air Lines News Summary

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

• Positive Sentiment: Company kept its quarterly dividend and highlighted a strong cash position / guidance, which earlier supported upside as investors viewed the move as shareholder‑friendly and confidence in cash generation. Delta Keeps Dividend Amid Cash Flow Pressures
• Positive Sentiment: Sector tailwinds: analysts and market pieces point to a 2026 travel rebound (business travel, global sporting events like the World Cup) that should boost premium yields — a structural tailwind for Delta’s premium/corporate revenue mix. 3 Stocks to Play the Summer Travel Boom
• Positive Sentiment: Short interest fell meaningfully in late January (~19.8% decline), reducing one source of selling pressure and shortening the immediate downside technical risk.
• Neutral Sentiment: Media debate on valuation — several “is it time to buy?” pieces highlight the tension between strong fundamentals and a recent run‑up; useful context but not a direct catalyst. Is It Time To Consider Buying Delta?
• Negative Sentiment: Insider selling: multiple senior executives (EVPs Alain Bellemare, Steven Sear and Peter W. Carter) disclosed multi‑million dollar sales in early Feb (tens of thousands of shares each). That heavy insider selling is prompting near‑term profit taking and weighing on sentiment. Insider Selling Alert SEC Filing (Bellemare)
• Negative Sentiment: Recent Q4 trading data: Delta posted a modest EPS beat but missed revenue estimates and flagged that government shutdown effects weighed on sales — a reminder that top‑line risk remains even with solid margin/free‑cash outcomes, which can temper short‑term investor enthusiasm.

Analyst Ratings Changes

Several research firms have commented on DAL. Wells Fargo & Company set a $87.00 price objective on shares of Delta Air Lines in a report on Thursday, December 18th. Wolfe Research upped their price target on shares of Delta Air Lines from $70.00 to $83.00 and gave the company an “outperform” rating in a research note on Wednesday, January 14th. Raymond James Financial reiterated a “strong-buy” rating and issued a $80.00 price objective on shares of Delta Air Lines in a research note on Friday, December 19th. Sanford C. Bernstein reissued an “outperform” rating and set a $81.00 target price on shares of Delta Air Lines in a report on Wednesday, January 14th. Finally, Barclays raised their price target on Delta Air Lines from $65.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating and twenty-two have assigned a Buy rating to the stock. Based on data from MarketBeat, Delta Air Lines has a consensus rating of “Buy” and a consensus price target 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.