Calamos Advisors Adds $1M in Delta Air Lines, Inc. ($DAL)
Calamos Advisors boosts its Delta Air Lines holdings by 3.1%, adding 11,395 shares.
Key Points
- Calamos Advisors increased its stake in Delta Air Lines by 3.1%, adding 11,395 shares to hold a total of 379,989 shares valued at $35.6 million.
- Delta Air Lines, trading at $93.66 on Wednesday, has a market cap of $61.5 billion and a P/E ratio of 13.67.
- Analysts maintain a strong buy consensus on Delta, with recent price targets ranging from $93 to $107.
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Calamos Advisors has increased its stake in Delta Air Lines, Inc. (NYSE: DAL) by 3.1%, according to a recent Form 13F filing with the SEC. The fund added 11,395 shares, bringing its total holdings to 379,989 shares valued at approximately $35.6 million as of the reporting period.
Calamos Advisors vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in Calamos Advisors' Delta Air Lines Position
Calamos Advisors boosted its Delta Air Lines stake by 3.1%, adding 11,395 shares to its portfolio. This brings the total number of shares held to 379,989, up from 368,594 previously. The value of this position is now around $35.6 million.
Other Institutional Activity in Delta Air Lines
In other institutional activity, BlackRock, Inc. reduced its holdings by 600,312 shares, now owning 44,124,774 shares valued at about $2.93 billion, marking a 1.3% decrease. Vanguard Capital Management LLC opened a new position with 41,944,003 shares worth approximately $2.79 billion. Similarly, Berkshire Hathaway Inc also initiated a stake with 39,809,456 shares valued at about $2.65 billion. Sanders Capital, LLC slightly trimmed its position by 110,659 shares, holding 29,467,155 shares worth $1.96 billion, a 0.4% decrease. Meanwhile, FMR LLC increased its holdings by 93,216 shares, totaling 27,504,033 shares valued at $1.83 billion.
Delta Air Lines, Inc. Stock Up 17.0%
Shares of NYSE:DAL traded near $93.66 on Wednesday. Delta Air Lines has a market capitalization of $61.5 billion, with a P/E ratio of 13.67 and a forward P/E of 11.63. The stock has experienced a 52-week low of $48.24 and a high of $95.14. Its 50-day moving average is $76.71, while the 200-day moving average stands at $67.56. The company's beta is 1.313, indicating a moderate level of volatility. Delta Air Lines' current ratio is 0.418, and its debt-to-equity ratio is 105.021.
$DAL stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its latest earnings report, Delta Air Lines reported revenue of $65.18 billion, reflecting a growth of 12.9%. The company achieved an earnings per share (EPS) of $6.85, with a net margin of 6.87% and a return on equity (ROE) of 24.99%. The next earnings announcement is expected on July 10, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
4 target raises vs 1 cuts.
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EPS & revenue
EPS beat estimates by 10.7%. Revenue beat estimates by 12.0%.
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Profit surprise
EBITDA missed by 57 percent. Operating income missed sharply.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
4 target raises, 1 target cut.
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Earnings quality
Gross margin up 7.2 points. Operating margin down 0.9 points. Positive free cash flow.
Earnings Call Summary
Delta delivered strong March quarter results with 15.9 billion dollars in revenue and 64 cents in earnings per share, beating expectations. Demand remains strong across corporate and leisure travel. However, jet fuel prices nearly doubled from earlier in the year, adding more than two billion dollars in fuel costs for the second quarter. The airline is reducing capacity in unprofitable flying and working to recapture forty to fifty percent of fuel price increases through higher ticket prices and fees.
Guidance Delta expects second quarter revenue to grow in the low teens, flat capacity versus last year. They plan an operating margin of six to eight percent and earnings of one dollar to one dollar fifty per share. Jet fuel prices are expected to average four dollars thirty per gallon, double last year's cost.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Dividend
Delta Air Lines offers an annual dividend rate of $0.78 per share, yielding 0.83%. The dividend payout ratio stands at 10.4%.
Insider Buying and Selling at Delta Air Lines, Inc.
On June 18, 2026, several insiders, including Greg Creed, Willie CW Chiang, Sergio Rial, Michael Huerta, David DeWalt, and Kathy Waller, each purchased 2,380 shares of Delta Air Lines. These transactions were not part of a planned trading program.
Analysts Set New Price Targets
Analysts have been bullish on Delta Air Lines. On June 30, 2026, Wells Fargo maintained a buy rating with a $105 price target. Citigroup also maintained a buy rating on June 26, setting a target of $106. Barclays and Evercore ISI Group both reaffirmed their buy ratings with $105 targets on June 25. UBS stands out with the highest target of $107 as of June 23. The consensus among 25 analysts is a strong buy, with a mean price target of $86.41.
About Delta Air Lines
Delta Air Lines, Inc. is a leading airline company headquartered in Atlanta, Georgia. It operates a vast network for passenger and cargo transportation across the United States and internationally. Delta's operations are divided into Airline and Refinery segments, with core hubs in major U.S. cities and international markets. The company also provides aircraft maintenance, engineering support, and vacation packages. With approximately 1,314 aircraft in its fleet, Delta employs around 103,000 people under the leadership of CEO Edward H. Bastian.
Bottom Line
Calamos Advisors' recent boost in its Delta Air Lines holdings reflects continued interest in the airline industry. While this filing shows past activity, investors often track such moves to gauge sentiment. Delta's stock performance, analyst ratings, and financial metrics remain key points of interest for market watchers.
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