William Finnerty Sells 5,000 Shares of Delek US (NYSE:DK) Stock

Delek US Holdings, Inc. (NYSE:DK) Director William Finnerty sold 5,000 shares of Delek US stock in a transaction on Monday, June 29th. The shares were sold at an average price of $51.50, for a total value of $257,500.00. Following the sale, the director directly owned 34,805 shares of the company’s stock, valued at approximately $1,792,457.50. The trade was a 12.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Delek US Stock Performance

Shares of NYSE DK opened at $52.59 on Friday. The company has a debt-to-equity ratio of 10.51, a current ratio of 0.76 and a quick ratio of 0.49. Delek US Holdings, Inc. has a one year low of $19.81 and a one year high of $54.17. The business’s 50-day moving average price is $45.30 and its two-hundred day moving average price is $39.16. The company has a market capitalization of $3.22 billion, a P/E ratio of -57.79, a price-to-earnings-growth ratio of 0.32 and a beta of 0.58.

Delek US (NYSE:DK) last posted its quarterly earnings results on Wednesday, April 29th. The oil and gas company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of ($1.42) by $1.50. Delek US had a positive return on equity of 22.90% and a negative net margin of 0.48%.The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.33 billion. During the same period last year, the business earned ($2.32) EPS. The business’s quarterly revenue was up .4% on a year-over-year basis. Analysts anticipate that Delek US Holdings, Inc. will post 5.58 earnings per share for the current fiscal year.

Delek US Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, May 1st were given a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Friday, May 1st. Delek US’s payout ratio is currently -112.09%.

Key Delek US News

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

• Positive Sentiment: Zacks added Delek US to its Strong Buy lists for momentum, growth, and value, while also naming it among stocks with strong relative price strength. That suggests improving investor enthusiasm and could support the stock. Best Momentum Stocks to Buy for July 1st New Strong Buy Stocks for July 1st 5 Relative Price Strength Stocks to Buy for the Second Half
• Positive Sentiment: Zacks Research raised several earnings estimates for Delek US, including FY2027 and near-term quarterly forecasts, signaling improved profit expectations. Does Delek US (DK) Insider Selling Undercut TD Cowen’s Refined Bullish Thesis?
• Neutral Sentiment: Delek US announced executive leadership and governance changes, and Delek Logistics also disclosed a broad leadership realignment. These moves may help clarify strategy, but the immediate stock impact is unclear. Delek US Announces Key Executive Leadership and Governance Changes Delek Logistics Announces Broad Executive Leadership Realignment
• Negative Sentiment: Director William Finnerty sold 5,000 shares in a pre-arranged 10b5-1 plan. While the sale was disclosed as routine, insider selling can still create some investor caution. Delek US (NYSE:DK) Director William Finnerty Sells 5,000 Shares of Stock

Analysts Set New Price Targets

Several research firms have commented on DK. Wall Street Zen raised shares of Delek US from a “buy” rating to a “strong-buy” rating in a research report on Monday, May 18th. Mizuho boosted their price target on Delek US from $54.00 to $60.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. The Goldman Sachs Group upgraded Delek US from a “neutral” rating to a “buy” rating and upped their price target for the stock from $43.00 to $55.00 in a research note on Friday, April 10th. Raymond James Financial increased their price objective on Delek US from $47.00 to $54.00 and gave the company an “outperform” rating in a report on Wednesday, March 25th. Finally, Scotiabank raised Delek US to a “hold” rating in a research note on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $46.08.

Institutional Investors Weigh In On Delek US

Several hedge funds and other institutional investors have recently made changes to their positions in the business. ION Fund Management Ltd bought a new stake in shares of Delek US in the fourth quarter valued at approximately $52,427,000. Norges Bank bought a new position in Delek US during the fourth quarter worth $48,374,000. Arrowstreet Capital Limited Partnership raised its stake in Delek US by 6,300.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,306,269 shares of the oil and gas company’s stock valued at $42,153,000 after purchasing an additional 1,285,861 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in Delek US by 1,516.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 996,059 shares of the oil and gas company’s stock valued at $29,544,000 after purchasing an additional 934,448 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Delek US by 1,173.2% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 954,900 shares of the oil and gas company’s stock valued at $28,322,000 after purchasing an additional 879,900 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

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.