Maria Black Buys Delta Air Lines Shares
Maria Black purchased 2,380 shares of Delta Air Lines on June 18, 2026.
Key Points
- Maria Black bought 2,380 shares of Delta Air Lines, Inc. on June 18, 2026.
- Delta's stock traded near $84.18 with a market cap of $55.3 billion on Tuesday.
- Analysts from B of A Securities and Bernstein maintained a 'buy' rating with targets of $93.
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Maria Black made a significant move by purchasing 2,380 shares of Delta Air Lines, Inc. (NYSE:DAL) on June 18, 2026. The exact price of the shares wasn't disclosed. The transaction wasn't part of a pre-planned trading program. This insider activity was reported on Tuesday.
Other Institutional Activity in Delta Air Lines
Several major funds have also been active in Delta Air Lines recently. BlackRock, Inc. trimmed its holdings by 600,312 shares, bringing its total to 44,124,774 shares valued at about $2.93 billion, a 1.3% decrease. Meanwhile, Vanguard Capital Management LLC and Berkshire Hathaway Inc. both opened new positions with 41,944,003 and 39,809,456 shares, respectively. Sanders Capital, LLC slightly reduced its stake by 110,659 shares, ending with 29,467,155 shares worth approximately $1.96 billion. FMR LLC increased its holdings by 93,216 shares to a total of 27,504,033 shares, valued at around $1.83 billion.
Delta Air Lines, Inc. Stock Up 5.1%
Shares of Delta Air Lines traded near $84.18 on Tuesday. The company has a market capitalization of approximately $55.3 billion. Its P/E ratio stands at 12.29, and the forward P/E is 10.44, indicating a relatively low valuation compared to the industry. The stock's beta is 1.31, suggesting it's more volatile than the broader market. Over the past year, Delta's stock has seen a low of $45.28 and a high of $87.39. The 50-day moving average is $74.22, and the 200-day moving average is $66.68.
$DAL stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Delta Air Lines reported revenue of $65.2 billion with a growth rate of 12.9%. The company achieved a net margin of 6.9% and a return on equity of 24.99%. Earnings per share (EPS) were $6.85. The next earnings report is scheduled for 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 $0.75, yielding 0.89%. The payout ratio is a conservative 10.4%.
Insider Buying and Selling at Delta Air Lines, Inc.
In addition to Maria Black, several other insiders purchased 2,380 shares each on June 18, 2026. These insiders include Greg Creed, Willie Chiang, Sergio Rial, Michael Huerta, David DeWalt, and Kathy Waller. None of these transactions were part of a pre-arranged trading plan.
Analysts Set New Price Targets
On June 22, 2026, B of A Securities maintained its 'buy' rating on Delta Air Lines with a price target of $93. Similarly, Bernstein also kept a 'buy' rating with the same target on June 17, 2026. UBS has consistently maintained a 'buy' rating across several dates, with targets ranging from $86 to $98. The consensus among 25 analysts is a 'strong buy', with an average target price of $82.01.
About Delta Air Lines
Delta Air Lines, Inc. is a major American airline headquartered in Atlanta, Georgia. It offers passenger and cargo air transportation services domestically and internationally, operating through its Airline and Refinery segments. Delta's domestic network includes key hubs in cities like Atlanta and New York, while its international presence spans major cities such as London and Tokyo. The company also provides maintenance, repair, and vacation package services, operating a fleet of approximately 1,314 aircraft. Delta was founded in 1924 and employs around 103,000 people.
Bottom Line
Maria Black's recent purchase of Delta shares reflects confidence in the airline's prospects. Investors keep a close eye on insider transactions as they can provide insights into company sentiment. However, it's important to remember that such filings are historical and may not represent current positions. Delta Air Lines continues to be a major player in the airline industry, supported by strong institutional interest and favorable analyst ratings.
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