<div id="readability-page-1"><p>Corton Capital Inc. acquired a new position in shares of  Delta Air Lines, Inc. (NYSE:DAL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,747 shares of the transportation company's stock, valued at approximately $233,000.</p><div><p><span></span><span>Get <strong>Delta Air Lines</strong> alerts:</span></p></div><ul><li>Hedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?</li></ul><p>Other large investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its stake in  Delta Air Lines by 2.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,690,361 shares of the transportation company's stock valued at $160,900,000 after acquiring an additional 92,772 shares during the last quarter.  Allspring Global Investments Holdings LLC lifted its stake in shares of  Delta Air Lines by 8.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 39,374 shares of the transportation company's stock valued at $1,670,000 after purchasing an additional 2,973 shares during the period.  VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of  Delta Air Lines in the 2nd quarter worth $15,138,000.  Jefferies Financial Group Inc. boosted its position in shares of  Delta Air Lines by 1,169.4% in the 1st quarter. Jefferies Financial Group Inc. now owns 7,248 shares of the transportation company's stock worth $316,000 after purchasing an additional 6,677 shares during the last quarter.  Finally, Focus Partners Wealth grew its stake in shares of  Delta Air Lines by 27.8% during the first quarter. Focus Partners Wealth now owns 45,862 shares of the transportation company's stock worth $2,000,000 after purchasing an additional 9,984 shares during the period. 69.93% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Delta Air Lines Stock Performance</h2><p>Shares of DAL opened at $58.52 on Tuesday. The firm has a market cap of $38.21 billion, a P/E ratio of 8.24, a PEG ratio of 1.35 and a beta of 1.50. Delta Air Lines, Inc. has a twelve month low of $34.74 and a twelve month high of $69.98. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.34 and a current ratio of 0.40. The firm's 50 day moving average price is $59.40 and its two-hundred day moving average price is $53.83. </p><ul><li>Delta Air Lines Stock Looks Ready to Fly to New Highs</li></ul><p>Delta Air Lines (NYSE:DAL - Get Free Report) last issued its quarterly earnings data on Tuesday, March 15th. The transportation company reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $8.40 billion during the quarter. Delta Air Lines had a net margin of 7.36% and a return on equity of 23.83%.  On average, analysts forecast that  Delta Air Lines, Inc. will post 7.63 EPS for the current fiscal year. </p><h2>Delta Air Lines Dividend Announcement</h2><p>The company also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Thursday, October 16th will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, October 16th. Delta Air Lines's payout ratio is 10.56%. </p><h2>Analysts Set New Price Targets</h2><ul><li>Are Airline Stocks Ready for Takeoff After a Turbulent 2025?</li></ul><p>A number of equities analysts have issued reports on the company. UBS Group raised their target price on Delta Air Lines from $72.00 to $75.00 and gave the stock a &#34;buy&#34; rating in a report on Friday, October 10th. HSBC increased their price target on shares of Delta Air Lines from $69.20 to $73.70 and gave the company a &#34;buy&#34; rating in a research report on Friday, October 10th. Evercore ISI boosted their price objective on shares of Delta Air Lines from $70.00 to $75.00 and gave the company an &#34;outperform&#34; rating in a report on Monday, September 29th. TD Cowen increased their target price on shares of Delta Air Lines from $66.00 to $72.00 and gave the stock a &#34;buy&#34; rating in a report on Monday, October 13th. Finally, Susquehanna lifted their price target on shares of Delta Air Lines from $68.00 to $70.00 and gave the stock a &#34;positive&#34; rating in a research report on Friday, October 10th. One analyst  has rated the stock with a Strong Buy rating and twenty have given a Buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of &#34;Buy&#34; and an average target price of $71.53.</p><p><b>Get Our Latest Stock Report on Delta Air Lines</b></p><h2>Insider Transactions at Delta Air Lines</h2><p>In other Delta Air Lines news, Director Michael P. Huerta sold 2,500 shares of the company's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $60.70, for a total transaction of $151,750.00. Following the completion of the transaction, the director owned 33,245 shares of the company's stock, valued at $2,017,971.50. This represents a 6.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP William C. Carroll sold 14,010 shares of the firm's stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $61.25, for a total transaction of $858,112.50. Following the transaction, the senior vice president directly owned 15,816 shares of the company's stock, valued at $968,730. This represents a 46.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 39,833 shares of company stock valued at $2,463,585 over the last three months. Company insiders own  0.88% of the company's stock. </p><h2>About Delta Air Lines</h2> (Free Report)<p>Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Delta Air Lines</li><li>Financial Services Stocks Investing</li><li>Semiconductor Supercycle: Why Onsemi Stock Could Double as AI and EV Growth Accelerate</li><li>3 Stocks to Protect Your Portfolio from the Coronavirus Contagion </li><li>The Best Local Butchers for Thanksgiving [2025 Survey]</li><li>How to Use High Beta Stocks to Maximize Your Investing Profits</li><li>$134M in Insider Moves: What It Might Mean for KMI, ISRG and QS</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURBTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURBTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Delta Air Lines Right Now?</h2><p>Before you consider Delta Air Lines, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Delta Air Lines wasn't on the list.</p><p>While Delta Air Lines currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Corton Capital Inc. has acquired a new stake in Delta Air Lines, purchasing 4,747 shares valued at approximately $233,000 in Q2, as per its Form 13F filing. Other investors, including Charles Schwab and Allspring Global Investments, have also increased their stakes. Delta's stock opened at $58.52, with a market cap of $38.21 billion. The company recently declared a quarterly dividend of $0.1875, and analysts have raised their price targets for the stock, with an average target of $71.53 and a consensus rating of "Buy."</p>

Corton Capital Inc. Purchases New Stake in Delta Air Lines, Inc. $DAL