<div id="readability-page-1"><p>1832 Asset Management L.P. bought a new stake in  Delta Air Lines, Inc. (NYSE:DAL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor  bought 14,953 shares of the transportation company's stock, valued at approximately $735,000.</p><div><p><span></span><span>Get <strong>Delta Air Lines</strong> alerts:</span></p></div><ul><li>End the Year Strong With These 3 Comeback Champions</li></ul><p>Several other hedge funds also recently bought and sold shares of DAL. Signature Resources Capital Management LLC acquired a new position in shares of  Delta Air Lines in the 2nd quarter valued at $25,000.  NewSquare Capital LLC grew its stake in  Delta Air Lines by 184.6% in the second quarter. NewSquare Capital LLC now owns 572 shares of the transportation company's stock valued at $28,000 after acquiring an additional 371 shares during the period.  Activest Wealth Management increased its holdings in shares of  Delta Air Lines by 2,280.8% in the second quarter. Activest Wealth Management now owns 619 shares of the transportation company's stock worth $30,000 after acquiring an additional 593 shares in the last quarter.  Wealth Preservation Advisors LLC bought a new stake in shares of  Delta Air Lines in the first quarter worth about $31,000.  Finally, Zions Bancorporation National Association UT acquired a new stake in shares of  Delta Air Lines during the first quarter worth about $33,000. 69.93% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Insider Activity at Delta Air Lines</h2><p>In other Delta Air Lines news, EVP John E. Laughter sold 23,323 shares of the company's stock in a transaction on Tuesday, October 21st. The shares were sold at an average price of $62.33, for a total transaction of $1,453,722.59. Following the sale, the executive vice president directly owned 81,109 shares of the company's stock, valued at approximately $5,055,523.97. This represents a 22.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP William C. Carroll sold 14,010 shares of Delta Air Lines stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $61.25, for a total transaction of $858,112.50. Following the completion of the transaction, the senior vice president directly owned 15,816 shares of the company's stock, valued at approximately $968,730. This trade represents a 46.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own  0.96% of the company's stock. </p><h2>Analyst Ratings Changes</h2><ul><li>Hedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?</li></ul><p>Several brokerages recently issued reports on DAL. Rothschild &amp; Co Redburn boosted their price objective on Delta Air Lines from $65.00 to $72.00 in a research report on Tuesday, October 14th. Weiss Ratings  reiterated a &#34;buy (b-)&#34; rating on shares of Delta Air Lines in a report on Wednesday, October 8th. JPMorgan Chase &amp; Co. increased their price objective on shares of Delta Air Lines from $72.00 to $85.00 and gave the stock an &#34;overweight&#34; rating in a research report on Friday, September 12th. Sanford C. Bernstein boosted their price objective on shares of Delta Air Lines from $71.00 to $74.00 and gave the company an &#34;outperform&#34; rating in a research report on Friday, October 10th. Finally, Wolfe Research reduced their target price on shares of Delta Air Lines from $72.00 to $70.00 and set an &#34;outperform&#34; rating for the company in a research note on Monday, November 17th. One equities research analyst  has rated the stock with a Strong Buy rating and twenty-one have given a Buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of &#34;Buy&#34; and an average price target of $72.37.</p><p><b>View Our Latest Research Report on Delta Air Lines</b></p><h2>Delta Air Lines Stock Down 0.1%</h2><ul><li>Delta Air Lines Stock Looks Ready to Fly to New Highs</li></ul><p>Shares of DAL stock opened at $67.20 on Monday. The firm's fifty day moving average price is $59.74 and its two-hundred day moving average price is $56.38. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.68. Delta Air Lines, Inc. has a 1 year low of $34.74 and a 1 year high of $69.98. The firm has a market capitalization of $43.88 billion, a P/E ratio of 9.46, a PEG ratio of 1.56 and a beta of 1.37. </p><p>Delta Air Lines (NYSE:DAL - Get Free Report) last announced its quarterly earnings data on Tuesday, March 15th. The transportation company reported $0.22 earnings per share for the quarter. Delta Air Lines had a return on equity of 23.83% and a net margin of 7.36%.The company had revenue of $8.40 billion during the quarter.  On average, equities analysts predict 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 business also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Stockholders of record on Thursday, October 16th were paid a dividend of $0.1875 per share. The ex-dividend date was Thursday, October 16th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.1%. Delta Air Lines's dividend payout ratio  is currently 10.56%. </p><h2>Delta Air Lines Profile</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>2 Rising CRM Platform Stocks That Can Surge Higher in 2025 </li><li>Rubrik’s Massive Rebound: Why the Next Leg Higher Could Be Fast</li><li>How the NYSE and NASDAQ are Different, Why That Matters to Investors</li><li>Five Below and Dollar Tree Earnings Signal a Shopper Shift</li><li>How to Find Undervalued Stocks</li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</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>

01832

<p>1832 Asset Management L.P. acquired 14,953 shares of Delta Air Lines, valued at $735,000, in the 2nd quarter. Other hedge funds also increased their stakes. Insider sales included EVP John E. Laughter and SVP William C. Carroll. Analysts have issued positive ratings, with a consensus "Buy" rating and an average price target of $72.37. Delta's stock opened at $67.20, with a market cap of $43.88 billion.</p>

14,953 Shares in Delta Air Lines, Inc. $DAL Acquired by 1832 Asset Management L.P.