Delta Air Lines, Inc. $DAL Shares Sold by CCM Investment Advisers LLC

CCM Investment Advisers LLC reduced its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 4.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 247,128 shares of the transportation company’s stock after selling 10,321 shares during the period. Delta Air Lines makes up about 1.6% of CCM Investment Advisers LLC’s holdings, making the stock its 24th largest position. CCM Investment Advisers LLC’s holdings in Delta Air Lines were worth $17,151,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. AlphaQuest LLC lifted its stake in shares of Delta Air Lines by 90.6% in the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 211 shares during the period. Accredited Wealth Management LLC boosted its holdings in Delta Air Lines by 1,983.3% during the third 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. SWAN Capital LLC grew its position in Delta Air Lines by 1,016.0% during the third quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock worth $32,000 after buying an additional 508 shares during the period. Kilter Group LLC acquired a new position in Delta Air Lines during the second quarter worth about $35,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in Delta Air Lines in the third quarter valued at about $35,000. 69.93% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Delta Air Lines

In other news, EVP Rahul D. Samant sold 62,528 shares of the business’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $70.18, for a total value of $4,388,215.04. Following the completion of the transaction, the executive vice president directly owned 20,939 shares of the company’s stock, valued at $1,469,499.02. The trade was a 74.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Erik Storey Snell sold 39,420 shares of the company’s stock in a transaction 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 completion of the sale, the executive vice president owned 35,625 shares in the company, valued at $2,530,087.50. This 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 ninety days. 0.88% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DAL. The Goldman Sachs Group lifted 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 report on Wednesday, January 14th. Citigroup lowered their price target on Delta Air Lines from $87.00 to $77.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Weiss Ratings downgraded Delta Air Lines from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 6th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $81.00 price objective on shares of Delta Air Lines in a report on Wednesday, January 14th. Finally, Wall Street Zen downgraded Delta Air Lines from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $78.80.

More Delta Air Lines News

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

• Positive Sentiment: Management raised its revenue outlook and emphasized resilient demand at the JPMorgan Industrials Conference — reinforcement that core operations remain strong even with rising costs. Delta Air Lines (DAL) Raises Revenue Outlook Amid Strong Demand and Rising Fuel Costs
• Positive Sentiment: Delta’s 2012 refinery acquisition is looking more valuable as jet-fuel supply tightness lifts crack spreads — the refinery can partially offset fuel inflation and protect margins. Focus: Delta Air Lines’ refinery bet looks more valuable in jet fuel squeeze
• Positive Sentiment: UBS and other firms remain constructive on DAL, forecasting further price appreciation — analyst support can sustain investor confidence. UBS Group Forecasts Strong Price Appreciation for Delta Air Lines (NYSE:DAL) Stock
• Positive Sentiment: Analysts expect a solid Q1 with double-digit profit growth, setting up momentum into the next earnings report. Here’s What to Expect From Delta Air Lines’ Next Earnings Report
• Neutral Sentiment: Delta publicly suspended special airport perks for members of Congress amid the partial government shutdown — a policy and PR move that may be seen as operationally neutral but attracts media attention. Delta Air Lines temporarily halts perks for members of Congress, citing the partial government shutdown
• Negative Sentiment: Rising jet-fuel prices are a meaningful near-term headwind; Citi trimmed its price target due to higher fuel cost assumptions, flagging downside risk to Q1 results. This increases earnings uncertainty. Why Higher Jet-Fuel Costs Are Clouding Delta (DAL)’s Near-Term Earnings Outlook
• Negative Sentiment: Multiple insiders sold roughly $56M of stock, which can signal caution from insiders or portfolio rebalancing; investors often view large insider sales as a near-term negative signal. Insiders At Delta Air Lines Sold US$56m In Stock, Alluding To Potential Weakness

Delta Air Lines Stock Performance

Shares of DAL opened at $67.95 on Thursday. Delta Air Lines, Inc. has a 12-month low of $34.74 and a 12-month high of $76.39. The stock has a market cap of $44.38 billion, a P/E ratio of 8.86, a PEG ratio of 0.68 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. The company has a 50-day moving average of $66.96 and a two-hundred day moving average of $64.28.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.53 by $0.02. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. 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 prior year, the business earned $1.85 earnings per share. The company’s quarterly 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, research analysts predict that Delta Air Lines, Inc. will post 7.63 EPS for the current fiscal year.

Delta Air Lines Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, February 26th were given a dividend of $0.1875 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a $0.75 annualized dividend and a yield of 1.1%. Delta Air Lines’s dividend payout ratio (DPR) is presently 9.78%.

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.