Delta Air Lines, Inc. $DAL Stake Lessened by Hsbc Holdings PLC

Hsbc Holdings PLC lessened its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 17.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,648,277 shares of the transportation company’s stock after selling 352,783 shares during the period. Hsbc Holdings PLC’s holdings in Delta Air Lines were worth $114,394,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Accredited Wealth Management LLC lifted its position in Delta Air Lines by 1,983.3% in the third quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after purchasing an additional 476 shares during the period. Lloyd Advisory Services LLC. bought a new stake in shares of Delta Air Lines in the 4th quarter worth $31,000. SWAN Capital LLC lifted its holdings in shares of Delta Air Lines by 1,016.0% in the third quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock valued at $32,000 after buying an additional 508 shares during the period. Camelot Portfolios LLC bought a new position in Delta Air Lines during the fourth quarter valued at about $34,000. Finally, Cornerstone Planning Group LLC boosted its stake in Delta Air Lines by 451.6% during the fourth quarter. Cornerstone Planning Group LLC now owns 524 shares of the transportation company’s stock valued at $34,000 after buying an additional 429 shares in the last quarter. Institutional investors own 69.93% of the company’s stock.

Analysts Set New Price Targets

DAL has been the topic of several research reports. BNP Paribas Exane dropped their price target on shares of Delta Air Lines from $85.00 to $81.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 21st. Jefferies Financial Group raised their price objective on shares of Delta Air Lines from $78.00 to $81.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Susquehanna lowered their price objective on shares of Delta Air Lines from $81.00 to $78.00 and set a “positive” rating on the stock in a research note on Thursday, April 9th. Morgan Stanley boosted their target price on shares of Delta Air Lines from $90.00 to $105.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Finally, HSBC cut 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. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $81.05.

Insider Activity at Delta Air Lines

In other Delta Air Lines news, EVP Allison C. Ausband sold 9,710 shares of the company’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 value of $737,960.00. Following the transaction, the executive vice president owned 138,854 shares in the company, valued at approximately $10,552,904. This represents a 6.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John E. Laughter sold 69,304 shares of the stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $68.15, for a total transaction of $4,723,067.60. Following the completion of the sale, the executive vice president owned 69,369 shares of the company’s stock, valued at approximately $4,727,497.35. The trade was a 49.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 149,635 shares of company stock valued at $10,833,855. Corporate insiders own 0.80% of the company’s stock.

Delta Air Lines Stock Down 0.0%

Shares of Delta Air Lines stock opened at $84.16 on Monday. Delta Air Lines, Inc. has a 1 year low of $45.28 and a 1 year high of $87.39. The company has a market cap of $55.29 billion, a P/E ratio of 12.27, a P/E/G ratio of 1.16 and a beta of 1.30. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 0.54. The stock has a 50-day moving average price of $74.69 and a 200 day moving average price of $70.29.

Delta Air Lines (NYSE:DAL) last released its earnings results on Wednesday, April 8th. The transportation company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. The company had revenue of $14.20 billion for the quarter, compared to analysts’ expectations of $14.05 billion. Delta Air Lines had a return on equity of 20.28% and a net margin of 6.87%.The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.46 EPS. As a group, analysts expect that Delta Air Lines, Inc. will post 5.52 EPS for the current fiscal year.

Delta Air Lines Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 9th will be given a dividend of $0.215 per share. The ex-dividend date of this dividend is Thursday, July 9th. This is a boost from Delta Air Lines’s previous quarterly dividend of $0.19. This represents a $0.86 dividend on an annualized basis and a yield of 1.0%. Delta Air Lines’s payout ratio is presently 10.93%.

Key Delta Air Lines News

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

• Positive Sentiment: Delta boosted its quarterly dividend by about 15% to $0.215 per share, signaling confidence in cash generation and rewarding shareholders. Delta Air Lines Declares Quarterly Dividend
• Positive Sentiment: Lower crude oil prices are seen as a tailwind for airline stocks, including Delta, because cheaper fuel can improve margins while travel demand remains steady. U.S. Global Investors sees tailwind for airline stocks as oil prices slide
• Positive Sentiment: Delta announced it will host a July 10 webcast for June quarter 2026 financial results, keeping investors focused on the upcoming earnings update and potential guidance. Delta Air Lines Announces Webcast of June Quarter 2026 Financial Results
• Positive Sentiment: The U.S. government closed its investigation into Delta’s handling of the CrowdStrike outage, removing a regulatory overhang tied to the 2024 travel disruption. Trump Administration Clears Delta in CrowdStrike Outage Probe

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.