DALNYSEAir Transportation, ScheduledFiscal year ends December 31
DELTA AIR LINES, INC.
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 9, 2026
$74.63−0.74 (-0.98%)
Close on Oct 19, 2026
- Market cap
- $49.18B
- P/E (TTM)
- 14.9
- Dividend yield
- 0.90%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
88.3%
581M of 658M shares
Institutional holders
1,513
305 new, 111 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 32 sales
Net sold $122.18M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Warren E. Buffett | 57,320,000 | 8.70% | 13G (passive) amendment | Jun 30, 2026 |
| Vanguard Capital Management | 47,253,241 | 7.23% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 43,050,757 | 6.70% | 13G (passive) amendment | Dec 31, 2023 |
| National Indemnity Company | 39,809,456 | 6.10% | 13G (passive) | Mar 31, 2026 |
| Abigail P. Johnson | 33,187,320 | 5.10% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of DAL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Berkshire Hathaway Inc | 57,320,000 | 8.72% | $5.37B | +17,510,544 | 1.79% |
| BlackRock, Inc. | 45,106,139 | 6.86% | $4.22B | +981,365 | 0.06% |
| Vanguard Capital Management LLC | 41,307,000 | 6.28% | $3.87B | −637,003 | 0.08% |
| FMR LLC | 33,187,319 | 5.05% | $3.11B | +5,683,286 | 0.13% |
| Sanders Capital, LLC | 29,129,629 | 4.43% | $2.73B | −337,526 | 2.73% |
| Vanguard Portfolio Management LLC | 26,329,259 | 4.00% | $2.47B | −1,053,825 | 0.11% |
| State Street Corp | 24,129,558 | 3.67% | $2.26B | +669,444 | 0.07% |
| Capital International Investors | 20,689,945 | 3.15% | $1.94B | +119,654 | 0.40% |
| Geode Capital Management, LLC | 18,511,900 | 2.81% | $1.75B | +541,325 | 0.09% |
| Primecap Management Co/Ca/ | 17,521,167 | 2.66% | $1.64B | −27,400 | 0.97% |
| Harris Associates L P | 17,329,926 | 2.64% | $1.62B | −673,028 | 2.15% |
| Bank of New York Mellon Corp | 12,627,009 | 1.92% | $1.18B | +356,768 | 0.19% |
| Morgan Stanley | 11,722,155 | 1.78% | $1.10B | −1,682,624 | 0.06% |
| Dimensional Fund Advisors LP | 9,604,863 | 1.46% | $899.59M | −434,251 | 0.16% |
| Aqr Capital Management LLC | 7,859,947 | 1.20% | $731.68M | −579,195 | 0.26% |
| JPMorgan Chase & Co | 6,729,036 | 1.02% | $626.94M | −635,867 | 0.03% |
| Goldman Sachs Group Inc | 6,344,026 | 0.96% | $594.18M | +1,223,185 | 0.05% |
| Newport Trust Company, LLC | 6,216,343 | 0.95% | $582.22M | −1,650,077 | 1.40% |
| Northern Trust Corp | 5,022,282 | 0.76% | $470.39M | +46,094 | 0.05% |
| Invesco Ltd. | 5,003,694 | 0.76% | $468.65M | −1,145,868 | 0.04% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 1,513 | 581M | 88.3% | 305 / 517 | 486 / 111 | 47M | 45M |
| Q1 2026 | 1,339 | 581M | 88.3% | 175 / 569 | 385 / 144 | 150M | 51M |
| Q4 2025 | 1,329 | 559M | 85.0% | 238 / 496 | 389 / 104 | 68M | 52M |
| Q3 2025 | 1,225 | 544M | 82.7% | 169 / 466 | 386 / 110 | 54M | 39M |
| Q2 2025 | 1,183 | 529M | 80.5% | 189 / 444 | 387 / 118 | 47M | 51M |
| Q1 2025 | 1,127 | 534M | 81.3% | 132 / 449 | 369 / 198 | 80M | 71M |
| Q4 2024 | 1,215 | 529M | 80.5% | 242 / 384 | 402 / 93 | 62M | 47M |
| Q3 2024 | 1,083 | 516M | 78.5% | 122 / 391 | 404 / 124 | 83M | 26M |
| Q2 2024 | 1,094 | 502M | 76.3% | 131 / 394 | 381 / 101 | 47M | 55M |
| Q1 2024 | 1,076 | 511M | 77.7% | 138 / 363 | 390 / 114 | 81M | 32M |
| Q4 2023 | 1,068 | 462M | 70.3% | 161 / 343 | 414 / 106 | 59M | 49M |
| Q3 2023 | 1,027 | 452M | 68.8% | 96 / 367 | 368 / 134 | 42M | 50M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of DAL | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 19,810,058 | 3.01% | $1.86B | 0.08% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 16,933,384 | 2.57% | $1.59B | 0.09% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 13,524,015 | 2.06% | $1.27B | 0.57% | Jun 30, 2026 |
| Washington Mutual Investors Fund | 12,888,792 | 1.96% | $1.13B | 0.52% | Jul 31, 2026 |
| Vanguard Primecap Fund | 9,431,070 | 1.43% | $883.31M | 0.92% | Jun 30, 2026 |
| Vanguard Windsor Ii Fund | 9,295,842 | 1.41% | $812.83M | 1.22% | Jul 31, 2026 |
| iShares Core S&P 500 ETF | 8,988,532 | 1.37% | $841.87M | 0.09% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 8,312,639 | 1.26% | $685.63M | 0.08% | May 31, 2026 |
| Oakmark Fund | 8,020,100 | 1.22% | $751.16M | 3.13% | Jun 30, 2026 |
| Vanguard Value Index Fund | 5,936,645 | 0.90% | $556.03M | 0.22% | Jun 30, 2026 |
| Growth Fund of America | 5,057,298 | 0.77% | $417.13M | 0.12% | May 31, 2026 |
| Fidelity Blue Chip Growth Fund | 4,632,642 | 0.70% | $405.08M | 0.41% | Jul 31, 2026 |
| Vanguard Mid-Cap Value Index Fund | 4,008,785 | 0.61% | $375.46M | 1.01% | Jun 30, 2026 |
| State Street(R) Industrial Select Sector SPDR(R) ETF | 3,851,338 | 0.59% | $360.72M | 1.06% | Jun 30, 2026 |
| Vanguard Institutional Index Fund | 3,547,763 | 0.54% | $332.28M | 0.09% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Edward H. Bastian | Chief Executive Officer, Director | 1,363,448 | 0.21% | Aug 5, 2026 |
| Steven M. Sear | EVP - Global Sales & Distrib | 104,404 | 0.02% | Aug 6, 2026 |
| Alain Bellemare | EVP & Pres. - International | 130,025 | 0.02% | Aug 6, 2026 |
| Peter W. Carter | President | 424,704 | 0.06% | Aug 5, 2026 |
| Allison C. Ausband | EVP & Chief People Officer | 128,854 | 0.02% | May 28, 2026 |
| Julia Ann McConnell | SVP, Controller & CAO | 18,728 | 0.00% | Apr 24, 2026 |
| John E. Laughter | EVP & Chief of Operations | 54,369 | 0.01% | Apr 15, 2026 |
| Erik Storey Snell | EVP & Chief Financial Officer | 48,898 | 0.01% | Apr 3, 2026 |
| Daniel C. Janki | EVP & Chief Operating Officer | 381,937 | 0.06% | Apr 3, 2026 |
| Amala Duggirala | Chief Digital & Tech Officer | 30,750 | 0.00% | Feb 13, 2026 |
| Glen W. Hauenstein | President | 280,304 | 0.04% | Feb 10, 2026 |
| Rahul D. Samant | EVP & Chief Info Officer | 20,939 | 0.00% | Feb 6, 2026 |
| Joseph James Esposito | EVP & Chief Commercial Officer | 32,272 | 0.00% | Feb 6, 2026 |
| William C. Carroll | SVP, Fin & Controller | 7,182 | 0.00% | Feb 3, 2026 |
| Joanne D. Smith | EVP & Chief People Officer | 85,123 | 0.01% | Nov 22, 2024 |
| Michael P. Huerta | Director | 32,525 | 0.00% | Aug 6, 2026 |
| David G. Dewalt | Director | 22,358 | 0.00% | Aug 5, 2026 |
| Leslie D. Hale | Director | 21,530 | 0.00% | Jun 22, 2026 |
| Judith J. McKenna | Director | 6,630 | 0.00% | Jun 22, 2026 |
| Sergio Rial | Director | 34,797 | 0.01% | Jun 22, 2026 |
| Kathy N. Waller | Director | 48,500 | 0.01% | Jun 22, 2026 |
| Vasant M. Prabhu | Director | 15,100 | 0.00% | Jun 22, 2026 |
| Willie CW Chiang | Director | 30,660 | 0.00% | Jun 22, 2026 |
| Greg Creed | Director | 37,530 | 0.01% | Jun 22, 2026 |
| Maria Black | Director | 10,675 | 0.00% | Jun 22, 2026 |
| David S. Taylor | Director | 226,010 | 0.03% | Jun 22, 2026 |
| Christophe Beck | Director | 6,620 | 0.00% | Jun 22, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Steven M. Sear EVP - Global Sales & Distrib | Aug 5, 2026 | Sale | −40,460 | $93.55 | $3.79M | 104,404 |
| Steven M. Sear EVP - Global Sales & Distrib | Aug 5, 2026 | Option exercise | +40,460 | $51.23 | $2.07M | 144,864 |
| Michael P. Huerta Director | Aug 5, 2026 | Sale | −3,100 | $94.12 | $291.77K | 32,525 |
| Peter W. Carter President | Aug 4, 2026 | Sale | −39,900 | $92.98 | $3.71M | 424,704 |
| Peter W. Carter President | Aug 4, 2026 | Option exercise | +39,900 | $49.33 | $1.97M | 464,604 |
| Alain Bellemare EVP & Pres. - International | Aug 4, 2026 | Option exercise | +35,000 | $39.78 | $1.39M | 130,025 |
| Alain Bellemare EVP & Pres. - International | Aug 4, 2026 | Sale | −35,000 | $92.72 | $3.25M | 95,025 |
| Edward H. Bastian Chief Executive Officer, Director | Aug 4, 2026 | Sale | −206,510 | $92.80 | $19.16M | 1,363,448 |
| Edward H. Bastian Chief Executive Officer, Director | Aug 4, 2026 | Option exercise | +206,510 | $49.33 | $10.19M | 1,569,958 |
| David G. Dewalt Director | Aug 3, 2026 | Sale | −31,756 | $90.85 | $2.89M | 22,358 |
| Sergio Rial Director | Jun 18, 2026 | Tax withholding | −1,272 | $84.18 | $107.08K | 34,797 |
| Sergio Rial Director | Jun 18, 2026 | Award | +2,380 | – | – | 37,177 |
| Vasant M. Prabhu Director | Jun 18, 2026 | Award | +2,380 | – | – | 15,100 |
| Greg Creed Director | Jun 18, 2026 | Award | +2,380 | – | – | 6,620 |
| David G. Dewalt Director | Jun 18, 2026 | Award | +2,380 | – | – | 85,870 |
| Willie CW Chiang Director | Jun 18, 2026 | Award | +2,380 | – | – | 10,660 |
| Maria Black Director | Jun 18, 2026 | Award | +2,380 | – | – | 10,675 |
| Christophe Beck Director | Jun 18, 2026 | Award | +2,380 | – | – | 6,620 |
| Michael P. Huerta Director | Jun 18, 2026 | Award | +2,380 | – | – | 35,625 |
| Judith J. McKenna Director | Jun 18, 2026 | Award | +2,380 | – | – | 6,630 |
| Kathy N. Waller Director | Jun 18, 2026 | Award | +2,380 | – | – | 48,500 |
| David S. Taylor Director | Jun 18, 2026 | Award | +3,810 | – | – | 126,530 |
| Leslie D. Hale Director | Jun 18, 2026 | Award | +2,380 | – | – | 21,530 |
| Allison C. Ausband EVP & Chief People Officer | May 27, 2026 | Sale | −5,000 | $80.90 | $404.50K | 128,854 |
| Alain Bellemare EVP & Pres. - International | May 27, 2026 | Sale | −25,000 | $81.44 | $2.04M | 95,025 |
| Allison C. Ausband EVP & Chief People Officer | May 26, 2026 | Sale | −5,000 | $79.00 | $395.00K | 133,854 |
| Allison C. Ausband EVP & Chief People Officer | May 22, 2026 | Option exercise | +9,710 | $51.23 | $497.44K | 148,564 |
| Allison C. Ausband EVP & Chief People Officer | May 22, 2026 | Sale | −9,710 | $76.00 | $737.96K | 138,854 |
| Allison C. Ausband EVP & Chief People Officer | May 21, 2026 | Sale | −5,000 | $73.50 | $367.50K | 138,854 |
| Alain Bellemare EVP & Pres. - International | May 7, 2026 | Sale | −20,621 | $72.75 | $1.50M | 120,025 |
| Julia Ann McConnell SVP, Controller & CAO | Apr 22, 2026 | Award | +740 | – | – | 18,728 |
| John E. Laughter EVP & Chief of Operations | Apr 14, 2026 | Sale | −15,000 | $71.61 | $1.07M | 54,369 |
| John E. Laughter EVP & Chief of Operations | Apr 10, 2026 | Sale | −69,304 | $68.15 | $4.72M | 69,369 |
| John E. Laughter EVP & Chief of Operations | Apr 10, 2026 | Option exercise | +9,080 | $39.78 | $361.20K | 138,673 |
| John E. Laughter EVP & Chief of Operations | Apr 10, 2026 | Option exercise | +13,460 | $58.89 | $792.66K | 129,593 |
| Erik Storey Snell EVP & Chief Financial Officer | Apr 1, 2026 | Award | +7,400 | – | – | 48,898 |
| Peter W. Carter President | Apr 1, 2026 | Award | +2,960 | – | – | 424,704 |
| Daniel C. Janki EVP & Chief Operating Officer | Apr 1, 2026 | Award | +5,550 | – | – | 381,937 |
| Alain Bellemare EVP & Pres. - International | Apr 1, 2026 | Award | +2,470 | – | – | 140,646 |
| Edward H. Bastian Chief Executive Officer, Director | Feb 26, 2026 | Sale | −100,000 | $70.26 | $7.03M | 1,363,448 |
| Steven M. Sear EVP - Global Sales & Distrib | Feb 9, 2026 | Sale | −38,600 | $75.05 | $2.90M | 104,404 |
| Alain Bellemare EVP & Pres. - International | Feb 9, 2026 | Sale | −35,212 | $75.20 | $2.65M | 138,176 |
| Glen W. Hauenstein President | Feb 9, 2026 | Sale | −137,159 | $75.27 | $10.32M | 280,304 |
| Peter W. Carter Chief External Affairs Officer | Feb 6, 2026 | Sale | −27,000 | $74.82 | $2.02M | 421,744 |
| Glen W. Hauenstein President | Feb 6, 2026 | Sale | −123,910 | $74.77 | $9.26M | 417,463 |
| Glen W. Hauenstein President | Feb 6, 2026 | Option exercise | +123,910 | $49.33 | $6.11M | 541,373 |
| Glen W. Hauenstein President | Feb 6, 2026 | Sale | −165,864 | $71.00 | $11.78M | 417,463 |
| Glen W. Hauenstein President | Feb 5, 2026 | Sale | −13,576 | $71.00 | $963.90K | 583,327 |
| Rahul D. Samant EVP & Chief Info Officer | Feb 5, 2026 | Sale | −62,528 | $70.18 | $4.39M | 20,939 |
| John E. Laughter EVP & Chief of Operations | Feb 4, 2026 | Tax withholding | −31,000 | $70.86 | $2.20M | 116,133 |
| John E. Laughter EVP & Chief of Operations | Feb 4, 2026 | Award | +69,600 | – | – | 147,133 |
| Joseph James Esposito EVP & Chief Commercial Officer | Feb 4, 2026 | Award | +14,120 | – | – | 32,272 |
| Steven M. Sear EVP - Global Sales & Distrib | Feb 4, 2026 | Tax withholding | −31,000 | $70.86 | $2.20M | 143,004 |
| Steven M. Sear EVP - Global Sales & Distrib | Feb 4, 2026 | Award | +69,600 | – | – | 174,004 |
| Steven M. Sear EVP - Global Sales & Distrib | Feb 4, 2026 | Award | +11,770 | – | – | 104,404 |
| Erik Storey Snell EVP & Chief Cust Exper Officer | Feb 4, 2026 | Award | +11,770 | – | – | 41,498 |
| Allison C. Ausband EVP & Chief People Officer | Feb 4, 2026 | Tax withholding | −31,000 | $70.86 | $2.20M | 143,854 |
| Allison C. Ausband EVP & Chief People Officer | Feb 4, 2026 | Award | +16,470 | – | – | 105,254 |
| Allison C. Ausband EVP & Chief People Officer | Feb 4, 2026 | Award | +69,600 | – | – | 174,854 |
| Glen W. Hauenstein President | Feb 4, 2026 | Tax withholding | −330,056 | $70.86 | $23.39M | 596,903 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Steven M. Sear Officer | Aug 5, 2026 | 40,460 | $3.79M | Aug 5, 2026 | Stock Option Exercise |
| Michael P. Huerta Director | Aug 5, 2026 | 3,100 | $291.76K | Aug 5, 2026 | Restricted Stock Vesting |
| Alain Bellemare Officer | Aug 4, 2026 | 35,000 | $3.25M | Aug 4, 2026 | Stock Option Exercise |
| Peter W. Carter Officer | Aug 4, 2026 | 39,900 | $3.71M | Aug 4, 2026 | Stock Option Exercise |
| Edward H. Bastian Officer, Director | Aug 4, 2026 | 206,510 | $19.16M | Aug 4, 2026 | Stock Option Exercise |
| David G. Dewalt Director | Aug 3, 2026 | 31,756 | $2.88M | Aug 3, 2026 | Restricted Stock Vesting |
| John E. Laughter Former Officer | Jun 25, 2026 | 6,463 | $603.06K | Jun 25, 2026 | Restricted Stock Vesting |
| John E. Laughter Former Officer | May 28, 2026 | 12,000 | $990.78K | May 28, 2026 | Restricted Stock Vesting |
| Allison C. Ausband Officer | May 27, 2026 | 5,000 | $404.50K | May 27, 2026 | Restricted Stock Vesting |
| Alain Bellemare Officer | May 27, 2026 | 25,000 | $2.04M | May 27, 2026 | Restricted Stock Vesting |
| Allison C. Ausband Officer | May 26, 2026 | 5,000 | $395.03K | May 26, 2026 | Restricted Stock Vesting |
| Allison C. Ausband Officer | May 22, 2026 | 9,710 | $737.96K | May 22, 2026 | Option Granted - 02/08/2018 |
| Allison C. Ausband Officer | May 21, 2026 | 5,000 | $367.50K | May 21, 2026 | Restricted Stock Vesting |
| John E. Laughter Former Officer | May 14, 2026 | 25,000 | $1.79M | May 14, 2026 | Restricted Stock Vesting |
| Alain Bellemare Officer | May 7, 2026 | 20,621 | $1.50M | May 7, 2026 | Restricted Stock Vesting |