Kmg Fiduciary Partners 13F: Cuts DAL Stake by $446K
The fund cut its Delta Air Lines position by 14%, now holding 32,739 shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Kmg Fiduciary Partners sold 5,344 shares from its stake in Delta Air Lines, Inc. ($DAL), a 14.03% decrease, according to a 13F filing with the SEC dated October 14, 2026. It reported 32,739 shares worth $2.73 million at the end of the quarter.
Since the filing, $DAL is down 1.4% to date (from the $76.44 close on Oct 14, 2026).
Find the original: Kmg Fiduciary Partners 13F filings on SEC EDGAR
DAL
Delta Air Lines, Inc.
Key Points
- Kmg Fiduciary Partners reduced its stake in Delta Air Lines by 5,344 shares, a 14% decrease, leaving it with 32,739 shares valued at $2.73 million.
- Delta Air Lines has a market cap of about $51.37 billion and a P/E ratio of 15.6, trading between $55.03 and $95.68 over the past year.
- Delta offers a 1.1% dividend yield, with analysts maintaining a strong buy consensus and a mean price target of $101.07.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Delta Air Lines, Inc. alert may contain errors. Disclosures
Kmg Fiduciary Partners has trimmed its investment in Delta Air Lines, Inc. (NYSE: DAL), according to its latest filing with the SEC on October 14, 2026. The fund reduced its holdings by 5,344 shares, a 14% decrease, bringing its total to 32,739 shares. The position is now valued at approximately $2.73 million.
Kmg Fiduciary Partners vs. the S&P 500
Hypothetical returns from Kmg Fiduciary Partners's disclosed trades, not real profit or advice. How we model this.
What Changed in Kmg Fiduciary Partners' Delta Air Lines Position
Kmg Fiduciary Partners cut its Delta Air Lines stake by 5,344 shares, a 14% decrease from its previous total of 38,083 shares. The fund now holds 32,739 shares, valued at around $2.73 million, as reported in its recent SEC filing.
Delta Air Lines, Inc. Stock Down 1.2%
As of Friday, Delta Air Lines (NYSE: DAL) shows a market capitalization of about $51.37 billion. The stock has a P/E ratio of 15.6 and a forward P/E of 10.7, reflecting investor expectations for earnings growth. Delta's stock has fluctuated between $55.03 and $95.68 over the past 52 weeks. Its 50-day moving average stands at $82.64, while the 200-day moving average is $76.26. The company's beta of 1.336 indicates a higher volatility compared to the market.
Recent Earnings
Delta Air Lines reported revenue of approximately $71.8 billion, with a revenue growth of 21.1%. The company's earnings per share (EPS) is $5.01, with a net margin of 4.6% and a return on equity (ROE) of 15.9%. Delta is expected to release its next earnings report on January 13, 2027.
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 a dividend yield of 1.1%, with a payout ratio of 15.52%. This suggests the company returns a modest portion of its earnings to shareholders in the form of dividends.
About Delta Air Lines
Delta Air Lines, Inc. is a major airline based in Atlanta, Georgia. It operates through two main segments: Airline and Refinery. Delta provides scheduled air transportation for passengers and cargo within the United States and internationally. The company operates extensive domestic and international networks, with hubs in major cities like Atlanta, Detroit, and Los Angeles. Delta also offers aircraft maintenance and vacation packages, utilizing a fleet of approximately 1,314 aircraft. The company was founded in 1924 and is led by CEO Edward H. Bastian.
Bottom Line
Kmg Fiduciary Partners' decision to reduce its stake in Delta Air Lines is a noteworthy development for investors tracking institutional activity. While the fund has decreased its holdings, Delta remains a significant player in the airline industry with a strong market presence. As with all 13F filings, this data reflects past positions and may not indicate current holdings.
Related Filing Alerts
Source: Kmg Fiduciary Partners's 13F filing on $DAL (Oct 14, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Kmg Fiduciary Partners 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts