Czech National Bank Increases Stake in Delta Air Lines, Inc. $DAL

Czech National Bank boosted its position in Delta Air Lines, Inc. (NYSE:DAL) by 5.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 185,994 shares of the transportation company’s stock after acquiring an additional 9,085 shares during the period. Czech National Bank’s holdings in Delta Air Lines were worth $17,420,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DAL. Wellington Management Group LLP boosted its position in Delta Air Lines by 137.4% during the fourth quarter. Wellington Management Group LLP now owns 13,811,787 shares of the transportation company’s stock worth $958,538,000 after purchasing an additional 7,994,004 shares during the period. Life Cycle Investment Partners Ltd bought a new stake in shares of Delta Air Lines in the fourth quarter valued at approximately $471,532,000. Bank of New York Mellon Corp lifted its stake in shares of Delta Air Lines by 29.2% during the 1st quarter. Bank of New York Mellon Corp now owns 12,270,241 shares of the transportation company’s stock valued at $815,726,000 after buying an additional 2,773,945 shares in the last quarter. Pacer Advisors Inc. lifted its stake in shares of Delta Air Lines by 1,579.2% during the 4th quarter. Pacer Advisors Inc. now owns 2,673,400 shares of the transportation company’s stock valued at $185,534,000 after buying an additional 2,514,193 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in 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 buying an additional 1,890,521 shares during the period. 69.93% of the stock is owned by hedge funds and other institutional investors.

More Delta Air Lines News

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

• Positive Sentiment: Delta’s latest quarterly results exceeded expectations, with earnings per share of $1.56 versus the $1.49 consensus and revenue of $17.67 billion versus estimates of $17.43 billion. Revenue increased 18.7% year over year, supporting the view that demand and pricing remain solid.
• Positive Sentiment: Analyst coverage remains favorable: 23 analysts rate DAL a Buy and two rate it Hold, with an average price target of $100.40. Recent target increases from JPMorgan, UBS, Argus and other firms suggest additional upside from current levels.
• Positive Sentiment: LATAM Airlines’ earnings beat, driven by stronger passenger and cargo revenue, indicates resilient international travel demand. LATAM’s improved 2026 outlook could reinforce expectations for healthy traffic and premium revenue across the airline industry. LTM Q2 Earnings Beat on Strong Passenger and Cargo Revenues
• Neutral Sentiment: Corporate customers are resisting restrictive, low-priced business- and premium-economy fares because flexibility to change flights is considered more valuable than the initial discount. This could limit Delta’s ability to expand revenue through stripped-down premium products, although it may preserve demand for higher-priced flexible fares. Companies scoff at airlines’ cheapest business class tickets
• Negative Sentiment: Several insiders sold substantial positions after DAL’s sharp advance, including CEO Edward Bastian’s roughly $19.2 million sale, along with transactions by executives and directors. While such sales may reflect diversification or compensation, their timing and scale can pressure investor sentiment. Delta Air Lines CEO Edward Bastian Sells Company Shares Worth $19.2 Million
• Negative Sentiment: Copa Holdings’ earnings decline caused by higher jet-fuel costs highlights the airline industry’s vulnerability to energy prices and margin compression. Separately, concerns about the Iran war may increase geopolitical and fuel-cost risk for airlines, even though the cited analyst downgrade directly targets JetBlue rather than Delta. Copa Holdings Q2 Earnings Miss on Higher Fuel Costs, Revenues Lag

Insider Buying and Selling at Delta Air Lines

In other Delta Air Lines news, President Peter W. Carter sold 39,900 shares of Delta Air Lines stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $92.98, for a total value of $3,709,902.00. Following the transaction, the president directly owned 424,704 shares of the company’s stock, valued at $39,488,977.92. The trade was a 8.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David G. Dewalt sold 31,756 shares of Delta Air Lines stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $90.85, for a total transaction of $2,885,032.60. Following the completion of the transaction, the director directly owned 22,358 shares in the company, valued at approximately $2,031,224.30. The trade was a 58.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 401,436 shares of company stock worth $36,617,497 over the last quarter. Company insiders own 0.80% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on DAL shares. Wells Fargo & Company lifted their price objective on shares of Delta Air Lines from $75.00 to $105.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Sanford C. Bernstein restated an “outperform” rating and set a $106.00 target price on shares of Delta Air Lines in a research report on Monday, July 13th. Raymond James Financial lowered Delta Air Lines from a “strong-buy” rating to an “outperform” rating and raised their price target for the stock from $80.00 to $104.00 in a report on Monday, July 6th. Barclays boosted their price objective on Delta Air Lines from $85.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Finally, Zacks Research raised Delta Air Lines from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 15th. Twenty-three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Delta Air Lines currently has an average rating of “Moderate Buy” and an average price target of $100.40.

Delta Air Lines Stock Down 0.7%

DAL stock opened at $91.31 on Friday. The company’s 50 day moving average is $86.47 and its 200 day moving average is $74.89. The company has a current ratio of 0.42, a quick ratio of 0.35 and a debt-to-equity ratio of 0.48. The stock has a market cap of $60.05 billion, a price-to-earnings ratio of 15.14, a price-to-earnings-growth ratio of 1.16 and a beta of 1.31. Delta Air Lines, Inc. has a 1-year low of $52.88 and a 1-year high of $95.68.

Delta Air Lines (NYSE:DAL) last issued its earnings results on Thursday, July 9th. The transportation company reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.07. Delta Air Lines had a return on equity of 17.52% and a net margin of 5.79%.The business had revenue of $17.67 billion during the quarter, compared to analyst estimates of $17.43 billion. During the same quarter in the prior year, the firm earned $2.10 earnings per share. Delta Air Lines’s revenue for the quarter was up 18.7% on a year-over-year basis. Sell-side analysts predict that Delta Air Lines, Inc. will post 6.54 EPS for the current fiscal year.

Delta Air Lines Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 30th. Shareholders of record on Thursday, July 9th were given a dividend of $0.215 per share. The ex-dividend date was Thursday, July 9th. This is a positive change from Delta Air Lines’s previous quarterly dividend of $0.19. This represents a $0.86 annualized dividend and a yield of 0.9%. Delta Air Lines’s dividend payout ratio (DPR) is currently 14.26%.

Delta Air Lines 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.