200,900 Shares in Delek US Holdings, Inc. $DK Purchased by Hennessy Advisors Inc.

Hennessy Advisors Inc. bought a new position in shares of Delek US Holdings, Inc. (NYSE:DK) during the 2nd quarter, Holdings Channel reports. The firm bought 200,900 shares of the oil and gas company’s stock, valued at approximately $10,208,000.

Other hedge funds also recently added to or reduced their stakes in the company. Thoroughbred Financial Services LLC boosted its stake in shares of Delek US by 1.3% during the 4th quarter. Thoroughbred Financial Services LLC now owns 27,164 shares of the oil and gas company’s stock worth $805,000 after acquiring an additional 348 shares in the last quarter. New York State Common Retirement Fund raised its holdings in Delek US by 1.8% during the fourth quarter. New York State Common Retirement Fund now owns 22,048 shares of the oil and gas company’s stock worth $654,000 after purchasing an additional 400 shares during the last quarter. Aster Capital Management DIFC Ltd boosted its position in 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 purchasing an additional 425 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Delek US by 95.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the oil and gas company’s stock valued at $26,000 after purchasing an additional 432 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its position in shares of Delek US by 2.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 23,244 shares of the oil and gas company’s stock worth $492,000 after buying an additional 507 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on DK shares. Citigroup restated a “neutral” rating on shares of Delek US in a report on Thursday, August 6th. Weiss Ratings raised Delek US from a “sell (d+)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. TD Cowen upped their target price on shares of Delek US from $58.00 to $76.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. The Goldman Sachs Group upped their price objective on shares of Delek US from $73.00 to $83.00 and gave the company a “buy” rating in a research note on Tuesday, August 18th. Finally, Mizuho boosted their price target on Delek US from $60.00 to $66.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $53.15.

Delek US News Summary

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

• Positive Sentiment: Zacks Research raised its 2026 EPS forecast to $7.94 from $2.22 and its 2027 forecast to $3.26 from $2.21. The firm also increased estimates for Q3 2026 to $1.77, Q4 2026 to $0.61, Q2 2027 to $0.84, Q3 2027 to $0.93 and Q4 2027 to $1.08. These revisions suggest analysts expect stronger near-term refining and downstream profitability. Delek US stock information
• Positive Sentiment: Zacks maintained a “Strong-Buy” rating on Delek US. The company’s latest quarterly results also provide momentum: EPS of $5.48 beat consensus by $2.81, while revenue increased 47.9% year over year to $4.09 billion.
• Positive Sentiment: Analysts also lifted the Q1 2028 EPS estimate to $0.57 from a projected loss of $0.26, and raised the Q4 2027 estimate to $1.08 from $0.86. Delek continues to pay a quarterly dividend of $0.255, or $1.02 annualized, although the approximately 1.4% yield is not the main driver of the recent move.

Insider Buying and Selling

In other news, Director Gary M. Jr. Sullivan sold 27,688 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $69.01, for a total value of $1,910,748.88. Following the transaction, the director owned 32,004 shares of the company’s stock, valued at approximately $2,208,596.04. This trade represents a 46.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William J. Finnerty sold 1,457 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $64.70, for a total transaction of $94,267.90. Following the sale, the director directly owned 33,348 shares of the company’s stock, valued at approximately $2,157,615.60. This trade represents a 4.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 151,077 shares of company stock valued at $9,929,931. 3.56% of the stock is owned by corporate insiders.

Delek US Stock Performance

Shares of DK stock opened at $72.26 on Friday. The company has a debt-to-equity ratio of 7.53, a quick ratio of 0.47 and a current ratio of 0.76. The firm has a market capitalization of $4.42 billion, a price-to-earnings ratio of 20.30, a price-to-earnings-growth ratio of 1.43 and a beta of 0.57. Delek US Holdings, Inc. has a one year low of $25.85 and a one year high of $73.39. The company has a 50 day moving average price of $60.72 and a 200 day moving average price of $48.72.

Delek US (NYSE:DK) last announced its quarterly earnings data on Wednesday, August 5th. The oil and gas company reported $5.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.67 by $2.81. The company 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 business’s quarterly revenue was up 47.9% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.56) EPS. Sell-side analysts anticipate that Delek US Holdings, Inc. will post 11.05 EPS for the current year.

Delek US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, August 3rd. Delek US’s payout ratio is currently 28.65%.

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.