David Dewalt Sells 31,756 Shares of Delta Air Lines (NYSE:DAL) Stock

Delta Air Lines, Inc. (NYSE:DAL) Director David Dewalt sold 31,756 shares of Delta Air Lines stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $90.85, for a total value of $2,885,032.60. Following the transaction, the director directly owned 22,358 shares in the company, valued at approximately $2,031,224.30. This trade represents a 58.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Delta Air Lines Price Performance

DAL stock opened at $92.10 on Friday. The company has a market capitalization of $60.57 billion, a P/E ratio of 15.27, a PEG ratio of 1.17 and a beta of 1.31. Delta Air Lines, Inc. has a twelve month low of $52.88 and a twelve month high of $95.68. The business has a 50 day simple moving average of $86.29 and a 200-day simple moving average of $74.77. The company has a current ratio of 0.42, a quick ratio of 0.35 and a debt-to-equity ratio of 0.48.

Delta Air Lines (NYSE:DAL) last announced its earnings results on Thursday, July 9th. The transportation company reported $1.56 EPS for the quarter, beating analysts’ consensus estimates 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% on a year-over-year basis. During the same period in the previous year, the company posted $2.10 EPS. As a group, equities analysts anticipate that Delta Air Lines, Inc. will post 6.54 EPS for the current year.

Delta Air Lines Increases Dividend

The firm also recently disclosed 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. This represents a $0.86 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was 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 14.26%.

Key Delta Air Lines News

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

• Positive Sentiment: Oil prices extended their decline for a second consecutive session. If lower crude prices persist, Delta could benefit from reduced jet-fuel costs, improved margins and potentially stronger travel demand. Oil Just Lost its Inflation Premium: Here’s Who Wins if Prices Stay Low
• Positive Sentiment: LATAM Airlines reported an earnings beat driven by strong passenger and cargo revenue and raised its 2026 EBITDA outlook. The results suggest resilient air-travel demand that could support Delta’s revenue outlook despite fuel-cost pressure. LTM Q2 Earnings Beat on Strong Passenger and Cargo Revenues
• Positive Sentiment: Commentary comparing Delta with American Airlines identifies Delta’s loyalty program as a key differentiator, reinforcing the investment case around SkyMiles and premium customer retention. Better Airline Stock: Delta vs. American
• Neutral Sentiment: Zacks characterized DAL as both a strong momentum stock and a long-term value candidate. These assessments may support investor interest, but they are opinion-based and do not represent new company fundamentals. Here’s Why Delta Air Lines Is a Strong Momentum Stock
• Negative Sentiment: Multiple Delta insiders sold shares, including CEO Edward Bastian’s approximately $19.2 million sale, along with sizable sales by executives Steven Sear, Alain Bellemare and Peter Carter and directors David Dewalt and Michael Huerta. Although insider sales can reflect diversification or compensation, the number and scale of transactions may weigh on sentiment after the stock’s strong run. Delta Air Lines CEO Edward Bastian Sells Company Shares Worth $19.2 Million
• Negative Sentiment: Copa Holdings’ quarterly earnings fell sharply as higher jet-fuel costs squeezed margins and revenue lagged expectations. The report highlights ongoing industry-wide fuel-cost risks for Delta, particularly if oil prices rebound. Copa Holdings Q2 Earnings Miss on Higher Fuel Costs, Revenues Lag

Analyst Upgrades and Downgrades

DAL has been the subject of a number of research reports. Evercore upped their target price on shares of Delta Air Lines from $85.00 to $105.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Weiss Ratings upgraded Delta Air Lines from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 21st. JPMorgan Chase & Co. upped their price objective on Delta Air Lines from $85.00 to $114.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. BNP Paribas Exane reduced their price objective on Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating for the company in a research note on Tuesday, April 21st. Finally, Argus set a $105.00 price objective on Delta Air Lines in a research report on Tuesday, July 14th. Twenty-three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Delta Air Lines presently has an average rating of “Moderate Buy” and an average price target of $100.40.

Institutional Trading of Delta Air Lines

Hedge funds have recently made changes to their positions in the company. J.Safra Asset Management Corp acquired a new stake in shares of Delta Air Lines in the 2nd quarter worth $1,309,000. Bank of New York Mellon Corp acquired a new position in shares of Delta Air Lines during the second quarter worth about $1,182,646,000. Accel Wealth Management acquired a new position in shares of Delta Air Lines during the second quarter worth about $204,000. Tema ETFs LLC raised its holdings in Delta Air Lines by 10.2% during the second quarter. Tema ETFs LLC now owns 12,545 shares of the transportation company’s stock worth $1,175,000 after purchasing an additional 1,160 shares in the last quarter. Finally, Revolve Wealth Partners LLC purchased a new position in Delta Air Lines during the second quarter worth about $1,379,000. Institutional investors and hedge funds own 69.93% of the company’s stock.

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.