Hudson Bay Capital Management LP Invests $1.04 Million in Delta Air Lines, Inc. $DAL

Hudson Bay Capital Management LP bought a new stake in shares of Delta Air Lines, Inc. (NYSE:DAL) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 18,405 shares of the transportation company’s stock, valued at approximately $1,044,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its position in Delta Air Lines by 3.3% during the third quarter. Private Trust Co. NA now owns 5,493 shares of the transportation company’s stock worth $312,000 after acquiring an additional 174 shares during the period. HBK Sorce Advisory LLC grew its position in shares of Delta Air Lines by 3.2% in the third quarter. HBK Sorce Advisory LLC now owns 5,871 shares of the transportation company’s stock valued at $362,000 after purchasing an additional 181 shares during the period. Advisors Asset Management Inc. grew its position in shares of Delta Air Lines by 1.2% in the third quarter. Advisors Asset Management Inc. now owns 16,237 shares of the transportation company’s stock valued at $921,000 after purchasing an additional 197 shares during the period. Gables Capital Management Inc. increased its stake in shares of Delta Air Lines by 9.9% during the third quarter. Gables Capital Management Inc. now owns 2,225 shares of the transportation company’s stock worth $126,000 after purchasing an additional 200 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its stake in shares of Delta Air Lines by 1.3% during the third quarter. Valeo Financial Advisors LLC now owns 16,101 shares of the transportation company’s stock worth $914,000 after purchasing an additional 201 shares in the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock.

Delta Air Lines Stock Down 2.6%

Shares of NYSE DAL opened at $63.35 on Monday. The stock has a market cap of $41.38 billion, a PE ratio of 8.26, a P/E/G ratio of 0.65 and a beta of 1.34. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.60. Delta Air Lines, Inc. has a 12-month low of $34.74 and a 12-month high of $76.39. The company has a 50-day moving average of $67.14 and a 200 day moving average of $64.18.

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

Delta Air Lines Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, February 26th were paid a dividend of $0.1875 per share. 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 1.2%. Delta Air Lines’s payout ratio is 9.78%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on DAL shares. The Goldman Sachs Group raised their price target on shares of Delta Air Lines from $77.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. HSBC boosted their price objective on Delta Air Lines from $73.70 to $80.20 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Zacks Research downgraded Delta Air Lines from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 17th. Jefferies Financial Group lowered their price target on Delta Air Lines from $84.00 to $72.00 and set a “buy” rating on the stock in a research note on Thursday, March 12th. Finally, Susquehanna boosted their price target on Delta Air Lines from $70.00 to $85.00 and gave the stock a “positive” rating in a research report on Friday, January 9th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $78.76.

Trending Headlines about Delta Air Lines

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

• Positive Sentiment: Delta raised its first‑quarter revenue outlook (now in the high single digits) and reported broad‑based demand strength across domestic and international leisure and corporate travel; management says stronger bookings and MRO revenue are helping offset a roughly $400M fuel headwind, and Q1 EPS guidance remains 0.50–0.90 — this supports near‑term revenue resilience and earnings visibility.
• Positive Sentiment: TD Cowen raised its price target on DAL to $77 (from $71), signaling incremental analyst confidence in Delta’s outlook and providing some upward price support. Delta Air Lines price target raised to $77 from $71 at TD Cowen
• Positive Sentiment: Delta hit an 80+ relative strength (RS) rating, a technical signal that can attract momentum buyers and tactical flows. Delta Air Lines clears key benchmark, hitting 80-plus RS rating
• Neutral Sentiment: Citigroup cut its price target from $87 to $77 but kept a “Buy” rating — the trimmed target reduces upside expectations vs. prior forecasts but the buy stance remains supportive. Citigroup lowers DAL price target to $77 (Benzinga)
• Neutral Sentiment: Delta has seen a strong weekly gain, yet social (Reddit) sentiment is weak — a divergence that can produce short‑term volatility as retail flows and sentiment traders react differently to fundamentals. Delta Stock Up 9.38% This Week But Reddit Sentiment Just Hit 22 Out of 100
• Negative Sentiment: Oil prices jumped as Iran targeted Gulf production sites — higher crude/jet fuel increases unit costs for airlines and can erode margins if carriers can’t fully pass costs through fares. This geopolitical-driven fuel volatility is a direct headwind for Delta. Oil prices swing higher as Iran targets Gulf production sites
• Negative Sentiment: Zacks downgraded Delta to “strong sell” in recent headlines, a sharp negative call that could pressure sentiment and trigger short-term selling by some funds. Zacks downgrades DAL to strong sell
• Negative Sentiment: Operational risk: Delta’s CEO publicly criticized unpaid TSA agents and ongoing airport issues — sustained operational disruption or staffing problems could weigh on customer experience and near‑term costs. Delta CEO blasts Congress over unpaid TSA agents as airport chaos continues

Insider Activity at Delta Air Lines

In other Delta Air Lines news, EVP Steven M. Sear sold 38,600 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $75.05, for a total value of $2,896,930.00. Following the completion of the sale, the executive vice president directly owned 104,404 shares in the company, valued at $7,835,520.20. This represents a 26.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Erik Storey Snell sold 39,420 shares of the firm’s stock in a transaction on 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 sale, the executive vice president directly owned 35,625 shares of the company’s stock, valued at $2,530,087.50. This trade represents a 52.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 620,550 shares of company stock valued at $44,127,667 in the last three months. Company insiders own 0.96% of the company’s stock.

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.