U S Global Investors Inc. Has $84.44 Million Stock Holdings in Delta Air Lines, Inc. $DAL

U S Global Investors Inc. lowered its stake in Delta Air Lines, Inc. (NYSE:DAL) by 10.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,216,731 shares of the transportation company’s stock after selling 144,302 shares during the period. Delta Air Lines accounts for approximately 9.0% of U S Global Investors Inc.’s holdings, making the stock its 4th biggest holding. U S Global Investors Inc.’s holdings in Delta Air Lines were worth $84,441,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of DAL. Wellington Management Group LLP increased its position in shares of Delta Air Lines by 54.8% in the 3rd quarter. Wellington Management Group LLP now owns 5,817,783 shares of the transportation company’s stock worth $330,159,000 after purchasing an additional 2,058,744 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Delta Air Lines by 23.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 7,661,911 shares of the transportation company’s stock worth $434,813,000 after purchasing an additional 1,447,058 shares during the last quarter. Marshall Wace LLP increased its position in shares of Delta Air Lines by 16,044.7% in the 3rd quarter. Marshall Wace LLP now owns 1,263,320 shares of the transportation company’s stock worth $71,693,000 after purchasing an additional 1,255,495 shares during the last quarter. Ninety One UK Ltd increased its position in shares of Delta Air Lines by 23.6% in the 3rd quarter. Ninety One UK Ltd now owns 3,860,710 shares of the transportation company’s stock worth $219,095,000 after purchasing an additional 736,342 shares during the last quarter. Finally, Lansdowne Partners UK LLP increased its position in shares of Delta Air Lines by 47.0% in the 3rd quarter. Lansdowne Partners UK LLP now owns 2,284,257 shares of the transportation company’s stock worth $129,632,000 after purchasing an additional 730,368 shares during the last quarter. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines Stock Down 0.0%

DAL stock opened at $68.40 on Friday. Delta Air Lines, Inc. has a 12 month low of $39.94 and a 12 month high of $76.39. The firm has a market cap of $44.94 billion, a PE ratio of 9.97, a P/E/G ratio of 1.00 and a beta of 1.31. The firm has a 50 day simple moving average of $66.29 and a 200 day simple moving average of $65.61. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.42 and a quick ratio of 0.36.

Delta Air Lines (NYSE:DAL) last released its earnings results on Wednesday, April 8th. The transportation company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.61 by $0.03. Delta Air Lines had a net margin of 6.87% and a return on equity of 20.28%. The business had revenue of $14.20 billion during the quarter, compared to analyst estimates of $14.05 billion. During the same period in the prior year, the business earned $0.46 earnings per share. The business’s quarterly revenue was up 9.4% on a year-over-year basis. Equities research analysts forecast that Delta Air Lines, Inc. will post 5.3 earnings per share for the current fiscal year.

Delta Air Lines Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 14th will be given a dividend of $0.1875 per share. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $0.75 dividend on an annualized basis and a yield of 1.1%. Delta Air Lines’s payout ratio is presently 10.93%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on DAL shares. Evercore reissued an “outperform” rating and issued a $85.00 target price on shares of Delta Air Lines in a research report on Friday, April 17th. Bank of America dropped their target price on shares of Delta Air Lines from $80.00 to $78.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Zacks Research raised shares of Delta Air Lines from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. 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 report on Wednesday, January 14th. Finally, HSBC decreased their price target on shares of Delta Air Lines from $80.20 to $79.30 and set a “buy” rating for the company in a report on Thursday, April 9th. One 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $79.10.

Insider Buying and Selling

In other Delta Air Lines news, CEO Edward H. Bastian sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $70.26, for a total value of $7,026,000.00. Following the completion of the sale, the chief executive officer directly owned 1,363,448 shares of the company’s stock, valued at $95,795,856.48. The trade was a 6.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP John E. Laughter sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $71.61, for a total transaction of $1,074,150.00. Following the completion of the sale, the executive vice president directly owned 54,369 shares of the company’s stock, valued at $3,893,364.09. This represents a 21.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 353,611 shares of company stock valued at $25,182,798. 0.88% of the stock is owned by company insiders.

Trending Headlines about Delta Air Lines

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

• Positive Sentiment: Board declares a quarterly cash dividend ($0.1875/share), signaling cash returns and confidence in the balance sheet; payout dates: record May 14, pay June 4. Delta Declares Quarterly Dividend
• Positive Sentiment: Analyst commentary suggests Delta can benefit from competitors trimming capacity amid elevated fuel costs — less capacity from rivals can support fares and unit revenues for major network carriers. Delta and United Benefit From Competitors Cutting Capacity
• Neutral Sentiment: Sector peer results are mixed — Southwest met EPS/revenue expectations, American narrowed its Q1 loss, and Union Pacific had a mixed beat/miss set — these show resilience in demand but also differing exposures to costs and freight trends. Southwest Q1 American Q1 Union Pacific Q1
• Negative Sentiment: Ongoing global jet?fuel crisis (linked to the Iran conflict and Strait of Hormuz disruptions) is pushing fuel prices and refinery tightness higher—this raises operating costs and margin risk for airlines, including Delta. Europe is highlighted as especially hard hit. The Global Jet Fuel Crisis Is Just Getting Started
• Negative Sentiment: BNP Paribas Exane issued a pessimistic price forecast for DAL, which could weigh on sentiment and trigger selling by momentum or quant funds. BNP Paribas Exane Forecast
• Negative Sentiment: Reports of insider selling (a material stake reduction by a Delta insider) can be interpreted negatively by the market even if not tied to fundamentals. Delta Insider Sells Stake
• Negative Sentiment: Operational disruption: some airlines (including reports involving Delta) are canceling summer flights and issuing refunds amid the oil/route disruptions — this can hit near?term revenue and increase rebooking/refund costs. Airlines Cancel Summer Flights
• Neutral Sentiment: Regulatory/PR risk: a lawsuit against JetBlue over alleged “surveillance pricing” has drawn congressional attention; Delta has also faced questions about data use in pricing — uncertainty could lead to inquiries but immediate financial impact is unclear. JetBlue Lawsuit / Pricing Scrutiny

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.