Oddo BHF Asset Management Sas Boosts Position in Delta Air Lines, Inc. $DAL

Oddo BHF Asset Management Sas boosted its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 22.0% in the first quarter, HoldingsChannel.com reports. The firm owned 109,576 shares of the transportation company’s stock after buying an additional 19,766 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in Delta Air Lines were worth $7,285,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted 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 valued at $555,000 after buying an additional 2,302 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Delta Air Lines during the 1st quarter worth $178,000. Sivia Capital Partners LLC acquired a new stake in Delta Air Lines during the 2nd quarter worth $555,000. Marshall Wace LLP lifted its position in Delta Air Lines by 102.2% in the second quarter. Marshall Wace LLP now owns 7,825 shares of the transportation company’s stock valued at $385,000 after acquiring an additional 357,825 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its position in 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 acquiring an additional 5,564 shares during the last quarter. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Delta Air Lines Stock Performance

NYSE:DAL opened at $86.30 on Thursday. The company has a quick ratio of 0.35, a current ratio of 0.42 and a debt-to-equity ratio of 0.48. The company has a market cap of $56.75 billion, a P/E ratio of 14.31, a P/E/G ratio of 1.12 and a beta of 1.29. The firm’s 50 day moving average is $84.81 and its two-hundred day moving average is $73.91. Delta Air Lines, Inc. has a fifty-two week low of $50.44 and a fifty-two week high of $95.68.

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

Delta Air Lines Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 9th will be issued a $0.215 dividend. The ex-dividend date is 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 1.0%. Delta Air Lines’s payout ratio is 14.26%.

Insider Buying and Selling

In other Delta Air Lines news, 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 transaction of $737,960.00. Following the completion of the sale, the executive vice president directly owned 138,854 shares in the company, valued at $10,552,904. The trade was a 6.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Alain Bellemare sold 25,000 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $81.44, for a total transaction of $2,036,000.00. Following the completion of the transaction, the executive vice president directly owned 95,025 shares in the company, valued at approximately $7,738,836. This represents a 20.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 65,331 shares of company stock worth $5,036,638. 0.80% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

DAL has been the topic of several research reports. Bank of America raised their price objective on Delta Air Lines from $93.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. UBS Group upped their price objective on Delta Air Lines from $107.00 to $112.00 and gave the company a “buy” rating in a research note on Monday, July 13th. HSBC reduced their target price on shares of Delta Air Lines from $80.20 to $79.30 and set a “buy” rating for the company in a research note on Thursday, April 9th. Seaport Research Partners lifted their price target on Delta Air Lines from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. Finally, Morgan Stanley boosted their price objective on shares of Delta Air Lines from $115.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. Twenty-three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $100.40.

More Delta Air Lines News

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

• Positive Sentiment: Analysts raised Delta’s fair-value estimate from $81.81 to $105.52 after its second-quarter results and management commentary. The revisions cite stronger earnings execution, improving margins, and the growing contribution of premium travel and loyalty revenue, which can make results less dependent on main-cabin ticket demand. Delta Air Lines stock fair value boost
• Positive Sentiment: A separate analysis argues that Delta’s expansion into premium seating, loyalty, and other diversified revenue streams may reduce the company’s historical cyclicality. That supports the case for a higher valuation relative to the heavily cyclical airline multiples investors have typically assigned to DAL. Delta profits versus GE premiums analysis
• Positive Sentiment: Delta and DraftKings launched SkyPicks, a no-wagering sports contest available through Delta Sync WiFi. The program offers passengers the chance to win Delta gift cards and could modestly improve onboard engagement, brand loyalty, and ancillary revenue without involving deposits or cash betting. Delta and DraftKings add sports contests
• Neutral Sentiment: The broader airline backdrop remains mixed: premium and corporate demand are improving at American Airlines, but fuel, labor, and debt costs remain risks across the industry. Delta’s premium-heavy strategy may offer some protection, while fuel-price volatility remains an important factor for DAL investors. American Airlines revenue and fuel risks

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.