Delek US (NYSE:DK) Sets New 52-Week High – Still a Buy?

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

Key Headlines Impacting Delek US

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 Analyst Weigh In

Several research analysts have recently weighed in on DK shares. TD Cowen lifted their target price on shares of Delek US from $58.00 to $76.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Weiss Ratings upgraded shares of Delek US from a “sell (d+)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. The Goldman Sachs Group upped their price target on shares of Delek US from $73.00 to $83.00 and gave the company a “buy” rating in a research report on Tuesday, August 18th. Wall Street Zen raised shares of Delek US from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 9th. Finally, Morgan Stanley lifted their price objective on shares of Delek US from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $53.15.

Delek US Stock Performance

The firm has a 50 day moving average of $60.10 and a 200-day moving average of $48.55. The stock has a market capitalization of $4.39 billion, a PE ratio of 20.13, a P/E/G ratio of 1.54 and a beta of 0.57. The company has a debt-to-equity ratio of 7.53, a quick ratio of 0.47 and a current ratio of 0.76.

Delek US (NYSE:DK) last announced its quarterly earnings data on Wednesday, August 5th. The oil and gas company reported $5.48 EPS for the quarter, topping analysts’ consensus estimates of $2.67 by $2.81. Delek US had a return on equity of 109.03% and a net margin of 1.86%.The firm had revenue of $4.09 billion during the quarter, compared to analyst estimates of $3.44 billion. During the same period last year, the company posted ($0.56) EPS. The business’s quarterly revenue was up 47.9% compared to the same quarter last year. Research analysts forecast that Delek US Holdings, Inc. will post 10.1 earnings per share for the current year.

Delek US Dividend Announcement

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

Insider Buying and Selling at Delek US

In other Delek US news, Director Richard J. Marcogliese sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $71.05, for a total value of $142,100.00. Following the transaction, the director owned 12,880 shares in the company, valued at approximately $915,124. This represents a 13.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Reuven Spiegel sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $68.21, for a total transaction of $682,100.00. Following the completion of the sale, the executive vice president owned 36,435 shares of the company’s stock, valued at approximately $2,485,231.35. The trade was a 21.54% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 151,077 shares of company stock valued at $9,929,931 in the last 90 days. Corporate insiders own 3.56% of the company’s stock.

Institutional Investors Weigh In On Delek US

Institutional investors have recently modified their holdings of the stock. Thoroughbred Financial Services LLC grew its holdings in shares of Delek US by 1.3% during the 4th quarter. Thoroughbred Financial Services LLC now owns 27,164 shares of the oil and gas company’s stock valued at $805,000 after acquiring an additional 348 shares in the last quarter. New York State Common Retirement Fund boosted its position in 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 grew its stake in Delek US by 23.2% in 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 in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in Delek US by 95.6% in 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 in the last quarter. Finally, Orion Porfolio Solutions LLC increased its position in 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 worth $492,000 after purchasing an additional 507 shares during the last quarter. 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.