Delta Air Lines (NYSE:DAL) Price Target Cut to $71.00 by Analysts at TD Cowen

Delta Air Lines (NYSE:DAL) had its price objective trimmed by TD Cowen from $82.00 to $71.00 in a research report released on Monday morning, Marketbeat reports. The firm currently has a buy rating on the transportation company’s stock.

DAL has been the topic of several other research reports. 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 research report on Tuesday, January 6th. Citigroup reiterated a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Jefferies Financial Group raised their price objective on Delta Air Lines from $72.00 to $84.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. UBS Group decreased 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, Wolfe Research boosted their target price on Delta Air Lines from $70.00 to $83.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Delta Air Lines has an average rating of “Buy” and an average price target of $79.93.

Delta Air Lines Price Performance

NYSE:DAL opened at $60.62 on Monday. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. The business’s 50-day moving average price is $68.81 and its 200 day moving average price is $64.18. Delta Air Lines has a 52-week low of $34.74 and a 52-week high of $76.39. The firm has a market cap of $39.59 billion, a P/E ratio of 7.90, a PEG ratio of 0.57 and a beta of 1.34.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.02. The company had revenue of $14.61 billion during the quarter, compared to the consensus estimate of $15.80 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. Delta Air Lines’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the company earned $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, sell-side analysts predict that Delta Air Lines will post 7.63 earnings per share for the current fiscal year.

Delta Air Lines Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, February 26th will be paid a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, February 26th. Delta Air Lines’s payout ratio is 9.78%.

Insider Buying and Selling

In related news, EVP Alain Bellemare sold 35,212 shares of the company’s stock in a transaction on 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 transaction, the executive vice president directly owned 138,176 shares of the company’s stock, valued at approximately $10,390,835.20. The trade was a 20.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Peter W. Carter sold 27,000 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $74.82, for a total value of $2,020,140.00. Following the completion of the sale, the insider directly owned 421,744 shares of the company’s stock, valued at approximately $31,554,886.08. This represents a 6.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 620,550 shares of company stock valued at $44,127,667. 0.96% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Delta Air Lines

Several institutional investors and hedge funds have recently bought and sold shares of DAL. AlphaQuest LLC boosted its holdings in shares of Delta Air Lines by 90.6% during the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after purchasing an additional 211 shares during the period. Lloyd Advisory Services LLC. acquired a new position in Delta Air Lines in the 4th quarter valued at approximately $31,000. Camelot Portfolios LLC acquired a new position in Delta Air Lines in the 4th quarter valued at approximately $34,000. Accredited Wealth Management LLC lifted its position 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 buying an additional 476 shares in the last quarter. Finally, Byrne Asset Management LLC purchased a new stake in Delta Air Lines in the 4th quarter worth approximately $35,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

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.