Delek US Holdings, Inc. (NYSE:DK) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Analysts give Delek US a consensus rating of Hold from 14 firms (2 sell, 7 hold, 5 buy) with an average 1‑year target of about $44.15; several shops revised targets recently, including Mizuho and Raymond James raising to $54 while JPMorgan cut its target to $38.
• Insiders have been net sellers, disposing of 172,095 shares (~$7.26M) in the last three months — notably EVP Joseph Israel sold 38,000 shares at $40.65 — leaving insiders with 3.56% ownership.
• Delek US posted better‑than‑expected quarterly EPS of $0.44 (vs. -$0.19 est.) but missed on revenue; the stock trades near $39.69 (1‑year range $12.66–$48.32) and the company declared a quarterly dividend of $0.255 per share (2.6% yield, ex‑dividend May 1).

Delek US Holdings, Inc. (NYSE:DK - Get Free Report) has received an average rating of "Hold" from the fourteen ratings firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $44.1538.

Several research analysts have issued reports on the stock. Scotiabank raised shares of Delek US to a "hold" rating in a report on Friday, March 27th. Mizuho raised their price target on shares of Delek US from $51.00 to $54.00 and gave the company an "outperform" rating in a research report on Tuesday, March 17th. Citigroup boosted their price objective on shares of Delek US from $33.00 to $44.00 and gave the stock a "neutral" rating in a report on Monday, April 13th. JPMorgan Chase & Co. lowered their price objective on Delek US from $42.00 to $38.00 and set a "neutral" rating on the stock in a research report on Thursday, January 15th. Finally, Raymond James Financial lifted their target price on Delek US from $47.00 to $54.00 and gave the stock an "outperform" rating in a report on Wednesday, March 25th.

Insider Buying and Selling

In other news, EVP Joseph Israel sold 38,000 shares of the firm's stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $40.65, for a total transaction of $1,544,700.00. Following the sale, the executive vice president owned 55,623 shares of the company's stock, valued at $2,261,074.95. This trade represents a 40.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Shlomo Zohar sold 7,343 shares of Delek US stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $46.00, for a total transaction of $337,778.00. Following the completion of the sale, the director owned 6,646 shares of the company's stock, valued at $305,716. This represents a 52.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 172,095 shares of company stock worth $7,257,409 in the last three months. 3.56% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in Delek US by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 6,330,858 shares of the oil and gas company's stock worth $187,773,000 after purchasing an additional 38,577 shares during the period. Ion Asset Management Ltd. lifted its holdings in shares of Delek US by 1.8% during the 2nd quarter. Ion Asset Management Ltd. now owns 3,743,890 shares of the oil and gas company's stock valued at $79,296,000 after buying an additional 67,490 shares during the period. State Street Corp boosted its stake in shares of Delek US by 3.4% in the 4th quarter. State Street Corp now owns 2,639,447 shares of the oil and gas company's stock worth $78,286,000 after buying an additional 87,846 shares during the last quarter. Morgan Stanley grew its holdings in shares of Delek US by 24.7% in the fourth quarter. Morgan Stanley now owns 2,033,037 shares of the oil and gas company's stock worth $60,300,000 after acquiring an additional 403,059 shares during the period. Finally, Barclays PLC grew its holdings in shares of Delek US by 29.4% in the third quarter. Barclays PLC now owns 1,873,578 shares of the oil and gas company's stock worth $60,460,000 after acquiring an additional 425,896 shares during the period. Institutional investors own 97.01% of the company's stock.

Delek US Price Performance

Shares of NYSE:DK opened at $39.69 on Friday. The business has a fifty day moving average price of $40.97 and a 200-day moving average price of $36.44. The company has a debt-to-equity ratio of 5.89, a current ratio of 0.82 and a quick ratio of 0.53. The company has a market capitalization of $2.37 billion, a PE ratio of -113.41, a PEG ratio of 0.98 and a beta of 0.68. Delek US has a 1-year low of $12.66 and a 1-year high of $48.32.

Delek US (NYSE:DK - Get Free Report) last announced its quarterly earnings results on Friday, February 27th. The oil and gas company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.19) by $0.63. Delek US had a negative net margin of 0.21% and a negative return on equity of 13.55%. The company had revenue of $2.43 billion for the quarter, compared to analysts' expectations of $2.55 billion. Delek US's revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($2.54) EPS. As a group, equities analysts expect that Delek US will post 1.38 EPS for the current fiscal year.

Delek US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, May 1st will be given a dividend of $0.255 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a $1.02 annualized dividend and a dividend yield of 2.6%. Delek US's dividend payout ratio (DPR) is -291.43%.

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.

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