Lansdowne Partners UK LLP Has $129.63 Million Position in Delta Air Lines, Inc. $DAL

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Lansdowne Partners UK LLP significantly increased its stake in Delta Air Lines (NYSE:DAL) by 47% in the third quarter, bringing its holding to 2,284,257 shares valued at approximately $129.63 million. This makes Delta the fourth-largest holding in Lansdowne’s portfolio, representing 8.5% of its total investments. The article highlights Delta’s strong fundamentals, including a low P/E ratio, market cap near $39.7 billion, and positive Q3 earnings, despite potential headwinds from rising jet fuel costs and some analyst price target adjustments.

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