Hussman Strategic Advisors Inc. Takes $1.19 Million Position in Delta Air Lines, Inc. $DAL

Hussman Strategic Advisors Inc. bought a new position in shares of Delta Air Lines, Inc. (NYSE:DAL) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,000 shares of the transportation company’s stock, valued at approximately $1,192,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Savant Capital LLC increased its position in shares of Delta Air Lines by 84.0% in the second quarter. Savant Capital LLC now owns 181,995 shares of the transportation company’s stock valued at $8,951,000 after buying an additional 83,072 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Delta Air Lines by 39.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,407,585 shares of the transportation company’s stock worth $118,409,000 after buying an additional 685,312 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Delta Air Lines by 8.8% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 825,916 shares of the transportation company’s stock valued at $40,619,000 after acquiring an additional 67,002 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Delta Air Lines during the 2nd quarter valued at about $15,138,000. Finally, Board of the Pension Protection Fund purchased a new position in Delta Air Lines during the 3rd quarter valued at about $1,141,000. Institutional investors and hedge funds own 69.93% of the company’s stock.

Delta Air Lines Stock Down 0.5%

DAL stock opened at $65.81 on Thursday. The company has a 50 day moving average price of $68.30 and a two-hundred day moving average price of $61.73. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.34 and a current ratio of 0.40. The stock has a market capitalization of $42.97 billion, a P/E ratio of 8.58, a PEG ratio of 0.64 and a beta of 1.38. Delta Air Lines, Inc. has a one year low of $34.74 and a one year high of $73.16.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.02. The company had revenue of $14.61 billion for the quarter, compared to analyst estimates of $15.80 billion. Delta Air Lines had a return on equity of 20.99% and a net margin of 7.90%.The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.85 EPS. Delta Air Lines has set its Q1 2026 guidance at 0.500-0.900 EPS and its FY 2026 guidance at 6.500-7.500 EPS. As a group, sell-side analysts expect that Delta Air Lines, Inc. will post 7.63 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on DAL shares. The Goldman Sachs Group upped their price target on shares of Delta Air Lines from $77.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Citigroup restated a “buy” rating on shares of Delta Air Lines in a research report on Wednesday, January 7th. Susquehanna upped their target price on Delta Air Lines from $70.00 to $85.00 and gave the company a “positive” rating in a research note on Friday, January 9th. HSBC increased their target price on Delta Air Lines from $73.70 to $80.20 and gave the company a “buy” rating in a report on Wednesday, January 14th. Finally, Dbs Bank raised Delta Air Lines to a “moderate buy” rating in a report on Monday, January 19th. One investment analyst has rated the stock with a Strong Buy rating and twenty-two have given a Buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $80.47.

Insider Transactions at Delta Air Lines

In other news, CEO Edward H. Bastian sold 173,230 shares of the stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $71.00, for a total transaction of $12,299,330.00. Following the transaction, the chief executive officer directly owned 632,823 shares in the company, valued at $44,930,433. This represents a 21.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Rahul D. Samant sold 57,003 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $69.57, for a total transaction of $3,965,698.71. Following the completion of the sale, the executive vice president directly owned 36,246 shares in the company, valued at $2,521,634.22. This represents a 61.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 351,243 shares of company stock worth $24,742,087 in the last quarter. 0.96% of the stock is currently owned by corporate insiders.

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.