Stance Capital LLC Cuts Stake in Delta Air Lines, Inc. $DAL

Stance Capital LLC reduced its position in Delta Air Lines, Inc. (NYSE:DAL) by 24.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 56,637 shares of the transportation company’s stock after selling 18,084 shares during the period. Delta Air Lines accounts for 1.4% of Stance Capital LLC’s portfolio, making the stock its 14th biggest position. Stance Capital LLC’s holdings in Delta Air Lines were worth $3,931,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in DAL. Wellington Management Group LLP boosted its position in Delta Air Lines by 137.4% during the 4th quarter. Wellington Management Group LLP now owns 13,811,787 shares of the transportation company’s stock valued at $958,538,000 after acquiring an additional 7,994,004 shares in the last quarter. Life Cycle Investment Partners Ltd purchased a new position in shares of Delta Air Lines in the 4th quarter valued at $471,532,000. Pacer Advisors Inc. raised its position in shares of Delta Air Lines by 1,579.2% in the 4th quarter. Pacer Advisors Inc. now owns 2,673,400 shares of the transportation company’s stock worth $185,534,000 after acquiring an additional 2,514,193 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Delta Air Lines by 44.3% in the 4th quarter. AQR Capital Management LLC now owns 6,155,776 shares of the transportation company’s stock worth $426,441,000 after acquiring an additional 1,890,521 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Delta Air Lines by 23.9% during the 4th quarter. Bank of New York Mellon Corp now owns 9,496,296 shares of the transportation company’s stock worth $659,043,000 after purchasing an additional 1,834,385 shares during the last quarter. 69.93% of the stock is owned by hedge funds and other institutional investors.

Delta Air Lines News Summary

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

• Positive Sentiment: Delta boosted its quarterly dividend by about 15% to $0.215 per share, signaling confidence in cash generation and rewarding shareholders. Delta Air Lines Declares Quarterly Dividend
• Positive Sentiment: Lower crude oil prices are seen as a tailwind for airline stocks, including Delta, because cheaper fuel can improve margins while travel demand remains steady. U.S. Global Investors sees tailwind for airline stocks as oil prices slide
• Positive Sentiment: Delta announced it will host a July 10 webcast for June quarter 2026 financial results, keeping investors focused on the upcoming earnings update and potential guidance. Delta Air Lines Announces Webcast of June Quarter 2026 Financial Results
• Positive Sentiment: The U.S. government closed its investigation into Delta’s handling of the CrowdStrike outage, removing a regulatory overhang tied to the 2024 travel disruption. Trump Administration Clears Delta in CrowdStrike Outage Probe

Insider Activity at Delta Air Lines

In other Delta Air Lines news, EVP Allison C. Ausband sold 9,710 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $76.00, for a total transaction of $737,960.00. Following the transaction, the executive vice president owned 138,854 shares in the company, valued at approximately $10,552,904. This represents a 6.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Alain Bellemare sold 25,000 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the completion of the transaction, the executive vice president directly owned 95,025 shares of the company’s stock, valued at approximately $7,738,836. This represents a 20.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 149,635 shares of company stock valued at $10,833,855 in the last three months. 0.80% of the stock is owned by insiders.

Delta Air Lines Stock Down 0.0%

Delta Air Lines stock opened at $84.16 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.42 and a quick ratio of 0.36. The stock has a market capitalization of $55.29 billion, a price-to-earnings ratio of 12.27, a PEG ratio of 1.19 and a beta of 1.30. Delta Air Lines, Inc. has a 1-year low of $45.28 and a 1-year high of $87.39. The business has a fifty day moving average price of $74.69 and a 200-day moving average price of $70.25.

Delta Air Lines (NYSE:DAL) last announced its earnings results on Wednesday, April 8th. The transportation company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.03. Delta Air Lines had a return on equity of 20.28% and a net margin of 6.87%.The company had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.05 billion. During the same period in the prior year, the company posted $0.46 EPS. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. Equities research analysts forecast that Delta Air Lines, Inc. will post 5.52 EPS for the current fiscal year.

Delta Air Lines Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 9th will be given a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, July 9th. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. Delta Air Lines’s payout ratio is 10.93%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Sanford C. Bernstein raised their price objective on Delta Air Lines from $88.00 to $93.00 and gave the company an “outperform” rating in a research report on Wednesday. Seaport Research Partners boosted their target price on shares of Delta Air Lines from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Weiss Ratings lowered shares of Delta Air Lines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 6th. UBS Group raised their price target on shares of Delta Air Lines from $95.00 to $98.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Finally, Bank of America cut their price objective on shares of Delta Air Lines from $80.00 to $78.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Delta Air Lines presently has an average rating of “Moderate Buy” and an average price target of $81.05.

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.