M Holdings Securities Inc. Makes New $549,000 Investment in Delta Air Lines, Inc. $DAL

M Holdings Securities Inc. purchased a new stake in Delta Air Lines, Inc. (NYSE:DAL) in the third quarter, HoldingsChannel.com reports. The fund purchased 6,575 shares of the transportation company’s stock, valued at approximately $549,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp acquired a new stake in Delta Air Lines during the second quarter worth about $1,182,646,000. Pacer Advisors Inc. raised its position in shares of Delta Air Lines by 50.9% in the 1st quarter. Pacer Advisors Inc. now owns 4,033,595 shares of the transportation company’s stock valued at $268,153,000 after buying an additional 1,360,195 shares in the last quarter. Great Lakes Advisors LLC acquired a new position in shares of Delta Air Lines in the 2nd quarter valued at approximately $160,265,000. California Public Employees Retirement System lifted its holdings in shares of Delta Air Lines by 15.0% during the 1st quarter. California Public Employees Retirement System now owns 1,469,652 shares of the transportation company’s stock worth $97,702,000 after acquiring an additional 191,345 shares during the period. Finally, U S Global Investors Inc. lifted its holdings in shares of Delta Air Lines by 2.3% during the 3rd quarter. U S Global Investors Inc. now owns 1,099,975 shares of the transportation company’s stock worth $91,804,000 after acquiring an additional 24,962 shares during the period. Institutional investors own 69.93% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on DAL shares. Argus set a $95.00 price target on shares of Delta Air Lines in a research report on Monday, October 12th. Seaport Research Partners restated a “buy” rating and set a $100.00 price objective on shares of Delta Air Lines in a research report on Monday, October 12th. TD Cowen lowered their price objective on shares of Delta Air Lines from $105.00 to $101.00 and set a “buy” rating for the company in a research report on Friday, October 2nd. Susquehanna cut their target price on Delta Air Lines from $100.00 to $95.00 and set a “positive” rating for the company in a research note on Monday, October 12th. Finally, Wells Fargo & Company reduced their target price on Delta Air Lines from $105.00 to $100.00 and set an “overweight” rating on the stock in a report on Tuesday, October 6th. Twenty-two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $99.65.

Insider Buying and Selling

In other Delta Air Lines news, EVP Alain Bellemare sold 28,000 shares of the company’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $85.93, for a total value of $2,406,040.00. Following the completion of the transaction, the executive vice president owned 80,025 shares of the company’s stock, valued at $6,876,548.25. This represents a 25.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Peter Carter sold 44,950 shares of the stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $89.29, for a total value of $4,013,585.50. Following the completion of the transaction, the president owned 379,754 shares of the company’s stock, valued at $33,908,234.66. This represents a 10.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 122,950 shares of company stock worth $10,519,626 in the last 90 days. Insiders own 0.80% of the company’s stock.

Delta Air Lines Stock Performance

Shares of Delta Air Lines stock opened at $92.28 on Wednesday. Delta Air Lines, Inc. has a fifty-two week low of $55.27 and a fifty-two week high of $95.68. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.40 and a quick ratio of 0.32. The firm has a market capitalization of $60.71 billion, a P/E ratio of 18.42, a P/E/G ratio of 1.64 and a beta of 1.43. The company’s 50 day moving average price is $81.31 and its two-hundred day moving average price is $77.35.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings results on Friday, October 9th. The transportation company reported $1.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.05). Delta Air Lines had a return on equity of 16.83% and a net margin of 4.58%. The company had revenue of $17.59 billion for the quarter, compared to analyst estimates of $17.64 billion. During the same quarter last year, the company posted $1.71 earnings per share. The firm’s quarterly revenue was up 21.1% on a year-over-year basis. Delta Air Lines has set its Q4 2026 guidance at 1.150-1.650 EPS and its FY 2026 guidance at 5.100-5.600 EPS. On average, equities analysts forecast that Delta Air Lines, Inc. will post 5.33 earnings per share for the current fiscal year.

Delta Air Lines Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 5th. Investors of record on Thursday, October 15th were given a dividend of $0.2150 per share. The ex-dividend date was Thursday, October 15th. This represents a $0.86 dividend on an annualized basis and a yield of 0.9%. Delta Air Lines’s payout ratio is currently 17.17%.

About Delta Air Lines

Delta Air Lines is a U.S.-based airline that provides passenger and cargo transportation. It serves domestic and international destinations through its own flights and relationships with partner airlines, with major hubs including Atlanta, Detroit, Minneapolis–Saint Paul, New York, and Salt Lake City. The company offers multiple cabin and fare options, including Delta One, First Class, Delta Comfort+ and Main Cabin. Its other businesses and services include Delta Cargo, the SkyMiles loyalty program, and aircraft maintenance and repair services through Delta TechOps.