Delta Air LinesDAL
Market Cap: $27.1B
About: Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned the greatest portion of its international revenue and profits from flying passengers over the Atlantic Ocean.
Employees: 103,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
15% more call options, than puts
Call options by funds: $1.68B | Put options by funds: $1.46B
9% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 116
3% more repeat investments, than reductions
Existing positions increased: 386 | Existing positions reduced: 375
1% more funds holding
Funds holding: 1,057 [Q1] → 1,067 (+10) [Q2]
0.53% more ownership
Funds ownership: 76.41% [Q1] → 76.94% (+0.53%) [Q2]
0% more capital invested
Capital invested by funds: $23.5B [Q1] → $23.6B (+$43.3M) [Q2]
24% less funds holding in top 10
Funds holding in top 10: 17 [Q1] → 13 (-4) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
TD Cowen Helane Becker 37% 1-year accuracy 7 / 19 met price target | 40%upside $59 | Buy Maintained | 17 Jul 2024 |
Bernstein David Vernon 55% 1-year accuracy 6 / 11 met price target | 48%upside $62 | Outperform Maintained | 12 Jul 2024 |
TD Cowen Helane Becker 37% 1-year accuracy 7 / 19 met price target | 45%upside $61 | Buy Maintained | 2 Jul 2024 |
Jefferies Sheila Kahyaoglu 60% 1-year accuracy 9 / 15 met price target | 33%upside $56 | Buy Maintained | 28 Jun 2024 |
Financial journalist opinion
Based on 37 articles about DAL published over the past 30 days