Berkshire Hathaway Reinvests in Delta Airlines Under Abel's Leadership
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Source: Fool
- Portfolio Changes: Berkshire Hathaway's latest 13-F filing reveals significant shifts in its U.S. stock holdings since Greg Abel took over as CEO in early 2026, highlighting a strategic pivot that has caught market attention.
- Return to Airline Stocks: After famously selling all airline stocks in 2020 due to the pandemic, Berkshire has now re-entered Delta Airlines, acquiring a 6.1% stake valued at nearly $3 billion, indicating a renewed confidence in the airline sector's recovery.
- Stable Long-term Holdings: While Abel has made notable adjustments to the portfolio, long-term investments in companies like Coca-Cola and Apple remain intact, underscoring the company's commitment to its core assets and long-term investment philosophy.
- Competitive Advantage in Industry: As the U.S. airline industry adapts to challenges like high inflation and rising fuel costs by tapping into premiumization trends, Abel and Buffett may believe that Delta has developed a sustainable competitive advantage, reflecting a positive outlook on the airline's future prospects.
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Analyst Views on DAL
Wall Street analysts forecast DAL stock price to rise
18 Analyst Rating
18 Buy
0 Hold
0 Sell
Strong Buy
Current: 82.490
Low
77.00
Averages
83.50
High
90.00
Current: 82.490
Low
77.00
Averages
83.50
High
90.00
About DAL
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company has hubs and markets in Amsterdam, Atlanta, Bogota, Boston, Detroit, Lima, London-Heathrow, Los Angeles, Mexico City, Minneapolis-St. Paul, New York-JFK and LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Santiago (Chile), Sao Paulo, Seattle, Seoul-Incheon, and Tokyo. Its segments include Airline and Refinery. Its airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and includes its loyalty program, as well as other ancillary businesses. Its refinery segment operates for the benefit of the airline segment by providing jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third parties. The refinery's production consists of jet fuel as well as non-jet fuel products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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