Vanguard Group Inc. Sells 163,523 Shares of Delek US Holdings, Inc. $DK

Vanguard Group Inc. reduced its position in Delek US Holdings, Inc. (NYSE:DK) by 2.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,292,281 shares of the oil and gas company’s stock after selling 163,523 shares during the period. Vanguard Group Inc. owned approximately 0.10% of Delek US worth $203,052,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of Delek US by 102.0% during the third quarter. JPMorgan Chase & Co. now owns 241,391 shares of the oil and gas company’s stock valued at $7,790,000 after buying an additional 121,910 shares during the last quarter. Advisors Asset Management Inc. lifted its position in Delek US by 0.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 151,388 shares of the oil and gas company’s stock valued at $4,885,000 after acquiring an additional 1,140 shares in the last quarter. Versor Investments LP acquired a new position in Delek US during the 3rd quarter valued at about $438,000. Savant Capital LLC bought a new stake in Delek US during the 3rd quarter worth approximately $206,000. Finally, Allianz Asset Management GmbH raised its stake in shares of Delek US by 40.2% in the third quarter. Allianz Asset Management GmbH now owns 1,474,083 shares of the oil and gas company’s stock worth $47,569,000 after purchasing an additional 423,017 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Delek US Trading Up 3.8%

Shares of DK stock opened at $37.76 on Monday. The firm has a fifty day moving average of $31.11 and a 200-day moving average of $32.75. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of -107.88 and a beta of 0.75. Delek US Holdings, Inc. has a 52-week low of $11.02 and a 52-week high of $43.50. The company has a debt-to-equity ratio of 7.12, a quick ratio of 0.58 and a current ratio of 0.86.

Delek US (NYSE:DK) last announced its quarterly earnings results on Friday, February 27th. The oil and gas company reported $0.44 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 14.92%. The firm had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.55 billion. During the same quarter last year, the company earned ($2.54) earnings per share. The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. On average, equities research analysts forecast that Delek US Holdings, Inc. will post -5.5 earnings per share for the current fiscal year.

Delek US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 9th. Shareholders of record on Monday, March 2nd will be given a $0.255 dividend. The ex-dividend date is Monday, March 2nd. This represents a $1.02 dividend on an annualized basis and a yield of 2.7%. Delek US’s payout ratio is -291.43%.

Wall Street Analyst Weigh In

DK has been the topic of several analyst reports. Wells Fargo & Company lifted their target price on Delek US from $43.00 to $53.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. TD Cowen raised their price objective on Delek US from $28.00 to $36.00 and gave the company a “hold” rating in a research note on Tuesday, November 11th. JPMorgan Chase & Co. reduced their target price on shares of Delek US from $42.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, January 15th. UBS Group raised their price target on shares of Delek US from $31.00 to $42.00 and gave the company a “neutral” rating in a research report on Tuesday, November 18th. Finally, Scotiabank set a $34.00 price target on shares of Delek US in a report on Friday, January 16th. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Delek US presently has a consensus rating of “Hold” and a consensus target price of $38.85.

Trending Headlines about Delek US

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

• Positive Sentiment: Q4 EPS sharply beat estimates — Delek reported $2.31 EPS versus a consensus near ($0.19), driven by cost cuts and refinery relief that reversed prior losses; that surprise profit is the main immediate catalyst for the stock rise. Read More.
• Positive Sentiment: Enterprise Optimization Plan expanded — management raised the target to a $200M annual run‑rate, accelerating expected structural savings and supporting margins and free cash flow. Read More.
• Positive Sentiment: Cash returns and liquidity focus — the company highlighted improved cash flow, boosted cash returns and provided materials/slides that underline management’s commitment to returning capital as savings materialize. Read More.
• Neutral Sentiment: Revenue slightly missed estimates — Q4 revenue was $2.43B vs. a $2.55B consensus, so the EPS beat was more margin/cost driven than top‑line strength; investors will watch next‑quarter volumes and crack spreads. Read More.
• Neutral Sentiment: Earnings call detail available — the transcript provides color on inventory intermediation agreement cost reductions and the timing/risks around the economic separation from Delek Logistics. Useful for modeling but not a definitive directional read. Read More.
• Negative Sentiment: Balance-sheet and profitability risks remain — Delek still shows negative net margin and ROE, and a very high debt‑to‑equity level that could constrain flexibility if margins slip. That structural leverage keeps some investors cautious. Read More.
• Negative Sentiment: Analyst forecasts still mixed — some models expect a sizable FY loss (consensus long‑run EPS weakness), so sustained stock gains depend on execution of cost saves, separation progress and stronger refining fundamentals. Read More.

Delek US Profile

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.