Delta Air Lines (NYSE:DAL) Price Target Raised to $112.00

Delta Air Lines (NYSE:DAL) had its target price increased by investment analysts at TD Cowen from $106.00 to $112.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the transportation company’s stock. TD Cowen’s target price would suggest a potential upside of 30.39% from the stock’s current price.

DAL has been the topic of several other research reports. Raymond James Financial cut Delta Air Lines from a “strong-buy” rating to an “outperform” rating and upped their price objective for the company from $80.00 to $104.00 in a research note on Monday, July 6th. Argus set a $105.00 target price on Delta Air Lines in a research report on Tuesday. UBS Group boosted their price target on Delta Air Lines from $107.00 to $112.00 and gave the company a “buy” rating in a report on Monday. BMO Capital Markets upped their price target on Delta Air Lines from $80.00 to $105.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Finally, Jefferies Financial Group raised their price objective on Delta Air Lines from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday. Twenty-three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $100.40.

Delta Air Lines Stock Down 0.3%

Shares of DAL traded down $0.29 during midday trading on Tuesday, hitting $85.90. The company had a trading volume of 1,352,213 shares, compared to its average volume of 9,733,216. The stock has a market cap of $56.43 billion, a price-to-earnings ratio of 14.28, a PEG ratio of 1.11 and a beta of 1.29. The company’s 50 day moving average price is $81.46 and its 200 day moving average price is $72.65. The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 0.48. Delta Air Lines has a 52 week low of $50.44 and a 52 week high of $95.68.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings results on Thursday, July 9th. The transportation company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.49 by $0.07. The business had revenue of $17.67 billion for the quarter, compared to analysts’ expectations of $17.43 billion. Delta Air Lines had a net margin of 5.79% and a return on equity of 17.52%. The company’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.10 earnings per share. On average, equities research analysts predict that Delta Air Lines will post 6.5 EPS for the current year.

Insider Buying and Selling

In related news, EVP Alain Bellemare sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $81.44, for a total value of $2,036,000.00. Following the sale, the executive vice president owned 95,025 shares of the company’s stock, valued at approximately $7,738,836. This trade represents a 20.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Allison C. Ausband sold 9,710 shares of the business’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 value of $737,960.00. Following the transaction, the executive vice president owned 138,854 shares of the company’s stock, valued at $10,552,904. This represents a 6.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 65,331 shares of company stock valued at $5,036,638. 0.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Delta Air Lines

Several large investors have recently added to or reduced their stakes in DAL. Brighton Jones LLC increased its holdings in shares of Delta Air Lines by 33.5% in the 4th quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock worth $555,000 after acquiring an additional 2,302 shares during the period. Acadian Asset Management LLC acquired a new position in Delta Air Lines during the 1st quarter valued at about $178,000. Sivia Capital Partners LLC bought a new position in Delta Air Lines in the 2nd quarter worth about $555,000. Marshall Wace LLP grew its position in Delta Air Lines by 102.2% in the 2nd quarter. Marshall Wace LLP now owns 7,825 shares of the transportation company’s stock worth $385,000 after purchasing an additional 357,825 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in shares of Delta Air Lines by 10.6% in the second quarter. Daiwa Securities Group Inc. now owns 58,129 shares of the transportation company’s stock valued at $2,859,000 after purchasing an additional 5,564 shares during the period. 69.93% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Delta Air Lines

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

• Positive Sentiment: Delta’s second-quarter results beat expectations, and management reaffirmed its full-year outlook despite higher fuel costs. Analysts said that shows the company’s earnings resilience and supports its valuation. Delta Air Lines earnings resilience supports valuation, Bank of America says
• Positive Sentiment: JPMorgan raised its price target on DAL to $114 from $85 and kept an overweight rating, reflecting confidence after the stronger-than-expected quarter and improved outlook. These Analysts Boost Their Forecasts On Delta Air Following Upbeat Q2 Results
• Positive Sentiment: Delta’s premium demand, loyalty growth, and cash-flow strength are being highlighted as key drivers that make the stock look more durable than a typical airline. Delta Air Lines Stock Outlook as Premium Demand Fuels Growth
• Positive Sentiment: Berkshire Hathaway’s new CEO Greg Abel reportedly backed Delta with a meaningful investment, a signal that has renewed interest in the stock and may be viewed as validation of Delta’s business quality. Berkshire Hathaway (BRK.B) Just Backed Delta, And That Says A Lot About Greg Abel
• Neutral Sentiment: Several recent articles frame DAL as fairly valued after its rally, with upside driven by premium mix and earnings revisions but offset by rising fuel, labor, and capacity risks. Is DAL Stock a Buy Now After Rallying on Stronger Revenue Mix?
• Neutral Sentiment: Delta’s leadership said travelers are prioritizing better seats over extra perks, supporting the premium strategy, but it also shows the company is competing aggressively for high-end demand rather than relying on broad-based fare strength. Delta CEO Bets Flyers Will Trade Premium Perks for a Better Seat
• Negative Sentiment: Some commentary warns that escalating geopolitical tensions and persistently high fuel costs could pressure airline stocks, including DAL, if travel demand weakens or costs stay elevated. Thanks to Escalating Iran Tensions, Delta Air Lines Stock Could Face Turbulence. How to Trade It Here.

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.