Delek US (NYSE:DK) Price Target Raised to $62.00 at JPMorgan Chase & Co.

Delek US (NYSE:DK) had its target price increased by equities research analysts at JPMorgan Chase & Co. from $57.00 to $62.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the oil and gas company’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 4.80% from the stock’s current price.

A number of other research analysts also recently commented on the stock. Weiss Ratings downgraded shares of Delek US from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Wall Street Zen upgraded Delek US from a “buy” rating to a “strong-buy” rating in a research report on Monday, May 18th. Morgan Stanley lifted their target price on Delek US from $41.00 to $45.00 and gave the stock an “equal weight” rating in a report on Friday, June 12th. Citigroup increased their price target on Delek US from $33.00 to $44.00 and gave the company a “neutral” rating in a report on Monday, April 13th. Finally, Mizuho raised their price target on Delek US from $54.00 to $60.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Delek US currently has a consensus rating of “Hold” and an average target price of $49.15.

Delek US Price Performance

DK traded up $1.15 during trading hours on Tuesday, hitting $59.16. The company’s stock had a trading volume of 95,006 shares, compared to its average volume of 1,397,555. Delek US has a 12 month low of $19.81 and a 12 month high of $59.18. The company has a current ratio of 0.76, a quick ratio of 0.49 and a debt-to-equity ratio of 10.51. The business’s 50-day moving average price is $47.09 and its 200-day moving average price is $40.32. The stock has a market cap of $3.63 billion, a price-to-earnings ratio of -64.72, a P/E/G ratio of 0.34 and a beta of 0.58.

Delek US (NYSE:DK) last issued its quarterly earnings data on Wednesday, April 29th. The oil and gas company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of ($1.42) by $1.50. Delek US had a negative net margin of 0.48% and a positive return on equity of 22.90%. The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.33 billion. During the same period last year, the company posted ($2.32) EPS. The business’s revenue was up .4% on a year-over-year basis. Sell-side analysts expect that Delek US will post 5.6 earnings per share for the current fiscal year.

Insider Transactions at Delek US

In related news, Director Vicky Sutil sold 1,871 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $48.00, for a total transaction of $89,808.00. Following the completion of the sale, the director directly owned 29,368 shares of the company’s stock, valued at approximately $1,409,664. This trade represents a 5.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Laurie Z. Tolson sold 4,921 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $46.30, for a total value of $227,842.30. Following the completion of the transaction, the director directly owned 18,226 shares in the company, valued at $843,863.80. This trade represents a 21.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 39,270 shares of company stock valued at $1,828,718. Company insiders own 3.56% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Thoroughbred Financial Services LLC increased its stake in Delek US by 1.3% in the 4th quarter. Thoroughbred Financial Services LLC now owns 27,164 shares of the oil and gas company’s stock worth $805,000 after buying an additional 348 shares during the period. New York State Common Retirement Fund grew its stake in Delek US by 1.8% in the 4th quarter. New York State Common Retirement Fund now owns 22,048 shares of the oil and gas company’s stock worth $654,000 after acquiring an additional 400 shares in the last quarter. Aster Capital Management DIFC Ltd increased its position in shares of Delek US by 23.2% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,259 shares of the oil and gas company’s stock worth $67,000 after acquiring an additional 425 shares during the period. Caitong International Asset Management Co. Ltd increased its position in shares of Delek US by 95.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the oil and gas company’s stock worth $26,000 after acquiring an additional 432 shares during the period. Finally, Orion Porfolio Solutions LLC raised its stake in shares of Delek US by 2.2% during the second quarter. Orion Porfolio Solutions LLC now owns 23,244 shares of the oil and gas company’s stock valued at $492,000 after acquiring an additional 507 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.

Delek US News Roundup

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

• Positive Sentiment: Zacks Research increased its FY2026 EPS estimate for Delek US to $2.12 from $1.97 and kept a Strong-Buy rating, signaling confidence in near-term earnings recovery. Article: Delek vs. PBF Energy: Which Refining Stock Has More Room to Run?
• Positive Sentiment: The analyst also lifted FY2027 EPS to $2.09 from $1.88 and raised quarterly estimates for Q2 2026, Q3 2026, Q4 2026, Q1 2027, and Q4 2027, indicating better long-term earnings visibility. Article: Delek vs. PBF Energy: Which Refining Stock Has More Room to Run?
• Neutral Sentiment: A separate Zacks article compared Delek with PBF Energy, framing DK as a refiner with stronger execution, but it was more of an industry comparison than a direct company-specific catalyst. Article: Delek vs. PBF Energy: Which Refining Stock Has More Room to Run?

Delek US Company 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.