Delek US Holdings, Inc. (NYSE:DK - Free Report) - Investment analysts at Zacks Research lifted their Q3 2026 earnings per share (EPS) estimates for shares of Delek US in a report issued on Wednesday, August 26th. Zacks Research analyst Team now expects that the oil and gas company will earn $1.77 per share for the quarter, up from their prior forecast of $1.28. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for Delek US's current full-year earnings is $10.10 per share. Zacks Research also issued estimates for Delek US's Q4 2026 earnings at $0.61 EPS, FY2026 earnings at $7.94 EPS, Q2 2027 earnings at $0.84 EPS, Q3 2027 earnings at $0.93 EPS, Q4 2027 earnings at $1.08 EPS, FY2027 earnings at $3.26 EPS, Q1 2028 earnings at $0.57 EPS and Q2 2028 earnings at ($0.43) EPS.
Delek US (NYSE:DK - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The oil and gas company reported $5.48 EPS for the quarter, topping the consensus estimate of $2.67 by $2.81. The business had revenue of $4.09 billion during the quarter, compared to analysts' expectations of $3.44 billion. Delek US had a net margin of 1.86% and a return on equity of 109.03%. The firm's quarterly revenue was up 47.9% compared to the same quarter last year. During the same period last year, the company posted ($0.56) earnings per share.
A number of other equities analysts also recently weighed in on DK. Weiss Ratings raised shares of Delek US from a "sell (d+)" rating to a "hold (c+)" rating in a research note on Thursday, August 6th. The Goldman Sachs Group lifted their price objective on Delek US from $73.00 to $83.00 and gave the company a "buy" rating in a research report on Tuesday, August 18th. Raymond James Financial boosted their target price on Delek US from $60.00 to $70.00 and gave the company an "outperform" rating in a research note on Monday, July 13th. TD Cowen raised their price target on Delek US from $58.00 to $76.00 and gave the stock a "buy" rating in a research note on Tuesday, July 21st. Finally, Citigroup reiterated a "neutral" rating on shares of Delek US in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $53.15.
View Our Latest Analysis on Delek US
Delek US Stock Down 0.6%
DK stock opened at $70.43 on Friday. Delek US has a 12-month low of $25.85 and a 12-month high of $72.00. The company has a quick ratio of 0.47, a current ratio of 0.76 and a debt-to-equity ratio of 7.53. The company has a market cap of $4.31 billion, a price-to-earnings ratio of 19.78, a PEG ratio of 1.54 and a beta of 0.57. The company has a 50 day moving average of $60.10 and a two-hundred day moving average of $48.55.
Hedge Funds Weigh In On Delek US
Institutional investors have recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in shares of Delek US by 18.4% during the 1st quarter. Royal Bank of Canada now owns 278,774 shares of the oil and gas company's stock worth $4,201,000 after buying an additional 43,379 shares during the period. AQR Capital Management LLC bought a new position in Delek US in the 1st quarter worth $390,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Delek US by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,190 shares of the oil and gas company's stock worth $560,000 after acquiring an additional 1,102 shares during the period. Jones Financial Companies Lllp lifted its position in Delek US by 3,979.8% during the 1st quarter. Jones Financial Companies Lllp now owns 20,399 shares of the oil and gas company's stock worth $307,000 after acquiring an additional 19,899 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Delek US by 7.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 146,871 shares of the oil and gas company's stock worth $2,213,000 after acquiring an additional 9,827 shares during the last quarter. Institutional investors own 97.01% of the company's stock.
Insider Activity at Delek US
In other news, CEO Avigal Soreq sold 80,000 shares of the company's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $66.51, for a total transaction of $5,320,800.00. Following the completion of the sale, the chief executive officer owned 231,486 shares in the company, valued at approximately $15,396,133.86. This represents a 25.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Wayne Hobbs sold 20,000 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $64.59, for a total value of $1,291,800.00. Following the transaction, the executive vice president directly owned 104,326 shares in the company, valued at approximately $6,738,416.34. This 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 quarter, insiders sold 151,077 shares of company stock valued at $9,929,931. Insiders own 3.56% of the company's stock.
Delek US Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were given a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Monday, August 3rd. Delek US's dividend payout ratio is presently 28.65%.
About Delek US
(
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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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