William Finnerty Sells 5,392 Shares of Delek US (NYSE:DK) Stock

Delek US Holdings, Inc. (NYSE:DK) Director William Finnerty sold 5,392 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $42.75, for a total transaction of $230,508.00. Following the completion of the sale, the director owned 46,369 shares in the company, valued at $1,982,274.75. This represents a 10.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Delek US Price Performance

DK stock opened at $42.35 on Friday. The company has a debt-to-equity ratio of 5.89, a quick ratio of 0.58 and a current ratio of 0.82. The business has a 50-day simple moving average of $32.38 and a two-hundred day simple moving average of $33.38. The company has a market capitalization of $2.54 billion, a P/E ratio of -121.00 and a beta of 0.75. Delek US Holdings, Inc. has a 52-week low of $11.02 and a 52-week high of $45.74.

Delek US (NYSE:DK) last issued its quarterly earnings data on Friday, February 27th. The oil and gas company reported $0.44 EPS for the quarter, topping the consensus estimate of ($0.19) by $0.63. The firm had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.55 billion. Delek US had a negative return on equity of 13.55% and a negative net margin of 0.21%.The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business posted ($2.54) earnings per share. Research analysts expect that Delek US Holdings, Inc. will post -5.5 EPS for the current fiscal year.

Delek US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.255 per share. The ex-dividend date is Monday, March 2nd. This represents a $1.02 annualized dividend and a yield of 2.4%. Delek US’s dividend payout ratio (DPR) is -291.43%.

Key Headlines Impacting Delek US

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

• Positive Sentiment: TD Cowen raised its price target from $28 to $44 (hold), narrowing upside uncertainty and signaling improving analyst visibility. Finviz
• Positive Sentiment: Quarterly results: Delek US reported a surprise EPS beat ($0.44 vs. est. -$0.19), which is supportive for the shares despite a slight revenue shortfall. (Source: company/market coverage)
• Positive Sentiment: Dividend declared: a $0.255 quarterly dividend (annualized $1.02, ~2.3% yield) payable March 9 — offers short-term income support for the stock.
• Neutral Sentiment: Institutional activity: several large funds have adjusted positions recently (mix of increases and new stakes); institutional ownership remains high (~97%), which can both stabilize and concentrate stock moves.
• Negative Sentiment: CEO sale: CEO Avigal Soreq sold 50,000 shares (~$2.05M at ~$41.08). Large insider sales from the CEO often trigger investor concern about timing and outlook. CEO Sale — SEC filing: Form 4
• Negative Sentiment: Additional insider selling: multiple executives and directors sold sizable stakes in early March (EVPs Reuven Spiegel — 20,000 sh; Joseph Israel — 38,000 sh; Directors Shlomo Zohar and William Finnerty also sold). The cluster of senior-level sales is adding downward pressure. Relevant SEC filings: Spiegel (Read More.), Israel (Read More.), Zohar (Read More.), Finnerty (Read More.).
• Negative Sentiment: Analyst moves mixed-to-negative: Citi and Piper Sandler trimmed price targets (to $33 and $40 respectively) and Weiss reiterated a sell — these downward revisions amplify selling pressure even as some shops (e.g., Mizuho) remain bullish.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on DK shares. Wells Fargo & Company upped their target price on shares of Delek US from $43.00 to $53.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Delek US in a report on Wednesday, January 21st. Wall Street Zen raised shares of Delek US from a “hold” rating to a “buy” rating in a research report on Saturday. UBS Group increased their price objective on shares of Delek US from $31.00 to $42.00 and gave the company a “neutral” rating in a research note on Tuesday, November 18th. Finally, Scotiabank set a $34.00 target price on shares of Delek US in a research report on Friday, January 16th. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $39.46.

Institutional Trading of Delek US

A number of large investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd lifted its position in shares of Delek US by 350.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,037 shares of the oil and gas company’s stock valued at $60,000 after buying an additional 1,585 shares during the last quarter. Invesco Ltd. increased its holdings in Delek US by 28.5% in the 4th quarter. Invesco Ltd. now owns 252,108 shares of the oil and gas company’s stock worth $7,478,000 after acquiring an additional 55,941 shares during the last quarter. Mackenzie Financial Corp raised its stake in Delek US by 631.7% in the 4th quarter. Mackenzie Financial Corp now owns 54,234 shares of the oil and gas company’s stock valued at $1,619,000 after acquiring an additional 46,822 shares during the period. XTX Topco Ltd raised its stake in Delek US by 357.6% in the 4th quarter. XTX Topco Ltd now owns 138,495 shares of the oil and gas company’s stock valued at $4,108,000 after acquiring an additional 108,231 shares during the period. Finally, Voloridge Investment Management LLC lifted its holdings in Delek US by 23.0% during the fourth quarter. Voloridge Investment Management LLC now owns 888,745 shares of the oil and gas company’s stock valued at $26,360,000 after purchasing an additional 166,461 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

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.