Comerica Bank Cuts Position in Delta Air Lines, Inc. $DAL

Comerica Bank trimmed its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 11.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 99,248 shares of the transportation company’s stock after selling 12,540 shares during the quarter. Comerica Bank’s holdings in Delta Air Lines were worth $6,888,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. AlphaQuest LLC increased its stake 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 buying an additional 211 shares during the period. Accredited Wealth Management LLC increased its stake in shares of 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 during the period. SWAN Capital LLC boosted its holdings in Delta Air Lines by 1,016.0% in the third quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 508 shares in the last quarter. Camelot Portfolios LLC acquired a new position in Delta Air Lines in the fourth quarter valued at approximately $34,000. Finally, Byrne Asset Management LLC acquired a new position in Delta Air Lines in the fourth quarter valued at approximately $35,000. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Delta Air Lines Price Performance

DAL stock opened at $68.10 on Friday. The company has a market capitalization of $44.74 billion, a P/E ratio of 9.93, a PEG ratio of 0.97 and a beta of 1.31. Delta Air Lines, Inc. has a twelve month low of $41.44 and a twelve month high of $76.39. The business has a 50 day simple moving average of $66.11 and a 200-day simple moving average of $65.96. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 0.54.

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

Delta Air Lines Dividend Announcement

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

Delta Air Lines News Roundup

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

• Positive Sentiment: Weaker low-cost competition could boost pricing power and yields for legacy carriers — Spirit Airlines’ bankruptcy/liquidation risks remove a low-fare competitor from key routes, a potential long-term benefit for Delta. Spirit Called Itself ‘The Dollar General of the Skies’ — Then It Lost the Battle to the Major Airlines
• Positive Sentiment: Business travel is recovering robustly, supporting higher corporate demand and yields — a structural tailwind for Delta’s premium and corporate-focused network. Business Travel Market Report 2026
• Positive Sentiment: Wall Street interest and bullish analyst commentary lift investor sentiment toward DAL, backing the rally. Delta Air Lines Stock Outlook: Is Wall Street Bullish or Bearish?
• Positive Sentiment: Deeper strategic ties with Wheels Up (appointment of Delta’s CFO to the Wheels Up board) could expand Delta’s corporate travel reach and distribution advantages. Wheels Up Board Shift Deepens Delta Ties And Raises Oversight Questions
• Neutral Sentiment: Congress passed a DHS funding bill, averting a shutdown that could have disrupted travel-security operations — a stability-positive but not a major earnings driver for airlines. House Ends DHS Shutdown on Day 75
• Neutral Sentiment: Delta is drawing investor attention and scans from stock-focused outlets (Zacks) — increased attention can amplify moves but is informational rather than directly fundamental. Delta Air Lines, Inc. (DAL) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Surging jet fuel prices are a major headwind — Delta’s CEO has warned the industry may be reshaped if carriers can’t absorb these costs, which would hurt margins and cash flow. Jet fuel crisis lays bare faultlines in US airline industry
• Negative Sentiment: International fuel-cost pressure from the Middle East conflict is lifting airline fuel bills globally (ANA/JAL warn of higher costs), increasing uncertainty for carriers including Delta. Japan’s ANA, JAL say Middle East war lifts fuel costs, no immediate supply issues
• Negative Sentiment: Investor positioning turned negative across airlines last week (Citi data), and sector-wide selling on fuel fears can pressure Delta shares despite company-specific strengths. Airline stocks hit as investors dump sector favourites

Insiders Place Their Bets

In other news, EVP Alain Bellemare sold 35,212 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $75.20, for a total value of $2,647,942.40. Following the completion of the sale, the executive vice president directly owned 138,176 shares of the company’s stock, valued at approximately $10,390,835.20. This represents a 20.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Peter W. Carter sold 27,000 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were 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 $31,554,886.08. The trade was a 6.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In 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 insiders.

Wall Street Analysts Forecast Growth

DAL has been the subject of a number of research analyst reports. Evercore reaffirmed an “outperform” rating and issued a $85.00 price target on shares of Delta Air Lines in a report on Friday, April 17th. Susquehanna lowered their price target on Delta Air Lines from $81.00 to $78.00 and set a “positive” rating for the company in a report on Thursday, April 9th. Zacks Research raised Delta Air Lines from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. Argus upped their price target on Delta Air Lines from $80.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, April 9th. Finally, Seaport Research Partners upped their price target on Delta Air Lines from $81.00 to $83.00 and gave the company a “buy” rating in a report on Thursday, April 9th. One 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 MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $79.10.

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.