Delek US (NYSE:DK) Reaches New 1-Year High – Here’s What Happened

Delek US Holdings, Inc. (NYSE:DK) hit a new 52-week high on Friday . The company traded as high as $72.34 and last traded at $71.72, with a volume of 89969 shares trading hands. The stock had previously closed at $70.26.

More Delek US News

Here are the key news stories impacting Delek US this week:

• Positive Sentiment: Zacks raised several earnings estimates and maintained a “Strong Buy” rating. The firm increased its FY2026 EPS forecast to $7.94 from $2.22, FY2027 EPS to $3.26 from $2.21, Q3 2026 EPS to $1.77 from $1.28, Q4 2026 EPS to $0.61 from $0.19, and Q3 2027 EPS to $0.93 from $0.35. It also lifted Q2 2027 and Q4 2027 estimates to $0.84 and $1.08, respectively. These revisions suggest expectations for stronger refining and downstream energy results. Delek US stock information
• Positive Sentiment: The company’s latest reported quarter provides additional support: Delek US earned $5.48 per share versus the $2.67 analyst consensus, generated $4.09 billion in revenue versus $3.44 billion expected, and increased revenue 47.9% year over year. Analysts’ current full-year consensus remains $10.10 EPS.
• Positive Sentiment: Delek US recently paid a quarterly dividend of $0.255, or $1.02 annualized, representing an approximately 1.4% yield and a 28.65% payout ratio. Institutional investors also hold about 97% of outstanding shares, indicating substantial professional-investor participation.
• Neutral Sentiment: Not all estimates improved: Zacks reduced its Q2 2028 forecast to a loss of $0.43 per share from expected earnings of $0.20. The mixed long-term outlook highlights the cyclical nature of refining profitability.
• Negative Sentiment: Director Gary Jr. Sullivan sold 27,688 shares for approximately $1.91 million at an average price of $69.01, reducing his holdings by 46.38%. While insider sales can reflect personal liquidity needs, the sizable transaction may temper bullish sentiment.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on DK. Wall Street Zen upgraded shares of Delek US from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 9th. The Goldman Sachs Group boosted their price target on shares of Delek US from $73.00 to $83.00 and gave the stock a “buy” rating in a research report on Tuesday, August 18th. Morgan Stanley upped their price target on shares of Delek US from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday, June 12th. Weiss Ratings upgraded shares of Delek US from a “sell (d+)” rating to a “hold (c+)” rating in a report on Thursday, August 6th. Finally, Mizuho increased their price objective on shares of Delek US from $60.00 to $66.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $53.15.

Delek US Stock Performance

The company has a debt-to-equity ratio of 7.53, a current ratio of 0.76 and a quick ratio of 0.47. The firm has a market cap of $4.39 billion, a price-to-earnings ratio of 20.13, a price-to-earnings-growth ratio of 1.54 and a beta of 0.57. The company has a fifty day moving average price of $60.10 and a two-hundred day moving average price of $48.55.

Delek US (NYSE:DK) last announced its earnings results on Wednesday, August 5th. The oil and gas company reported $5.48 earnings per share for the quarter, beating the consensus estimate of $2.67 by $2.81. Delek US had a return on equity of 109.03% and a net margin of 1.86%.The business had revenue of $4.09 billion during the quarter, compared to analysts’ expectations of $3.44 billion. During the same quarter last year, the business posted ($0.56) earnings per share. The company’s quarterly revenue was up 47.9% on a year-over-year basis. As a group, equities research analysts expect that Delek US Holdings, Inc. will post 10.1 EPS for the current year.

Delek US Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Monday, August 3rd were paid a $0.255 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.02 annualized dividend and a dividend yield of 1.4%. Delek US’s payout ratio is currently 28.65%.

Insider Buying and Selling

In related news, Director Gary M. Jr. Sullivan sold 27,688 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $69.01, for a total transaction of $1,910,748.88. Following the completion of the sale, the director directly owned 32,004 shares in the company, valued at approximately $2,208,596.04. This trade represents a 46.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Mark Wayne Hobbs sold 20,000 shares of Delek US stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $64.59, for a total transaction of $1,291,800.00. Following the completion of the transaction, the executive vice president owned 104,326 shares in the company, valued at approximately $6,738,416.34. This trade represents a 16.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 151,077 shares of company stock worth $9,929,931. 3.56% of the stock is owned by insiders.

Institutional Investors Weigh In On Delek US

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Thoroughbred Financial Services LLC grew its holdings in shares of Delek US by 1.3% in the 4th quarter. Thoroughbred Financial Services LLC now owns 27,164 shares of the oil and gas company’s stock worth $805,000 after acquiring an additional 348 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in shares of Delek US by 1.8% during the fourth quarter. New York State Common Retirement Fund now owns 22,048 shares of the oil and gas company’s stock valued at $654,000 after purchasing an additional 400 shares during the last quarter. Aster Capital Management DIFC Ltd lifted its holdings in shares of Delek US by 23.2% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,259 shares of the oil and gas company’s stock valued at $67,000 after purchasing an additional 425 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Delek US by 95.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the oil and gas company’s stock valued at $26,000 after purchasing an additional 432 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its position in shares of Delek US by 2.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 23,244 shares of the oil and gas company’s stock valued at $492,000 after purchasing an additional 507 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

About Delek US

Delek US Holdings, Inc (NYSE: DK) is an independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals and pipelines, and convenience store locations. Delek US focuses on converting crude oil into a variety of finished products, including gasoline, diesel, jet fuel, asphalt and renewable fuels, serving wholesale and retail customers across the United States.

In its refining segment, Delek US owns and operates four inland refineries located in Texas and Arkansas.