Delek US Holdings, Inc. $DK Shares Newly Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Delek US Holdings, Inc. (NYSE:DK) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 8,200 shares of the oil and gas company’s stock, valued at approximately $585,000.

Other institutional investors have also recently made changes to their positions in the company. Carolina Wealth Advisors LLC bought a new stake in Delek US during the third quarter valued at approximately $38,000. Fortitude Family Office LLC boosted its stake in shares of Delek US by 223.7% during the 3rd quarter. Fortitude Family Office LLC now owns 547 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 378 shares during the last quarter. Allworth Financial LP purchased a new position in shares of Delek US during the 2nd quarter worth $30,000. IFP Advisors Inc grew its position in shares of Delek US by 842.7% during the 3rd quarter. IFP Advisors Inc now owns 707 shares of the oil and gas company’s stock valued at $50,000 after acquiring an additional 632 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of Delek US by 61.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,183 shares of the oil and gas company’s stock valued at $84,000 after acquiring an additional 451 shares during the period. Institutional investors own 97.01% of the company’s stock.

Delek US News Roundup

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

• Positive Sentiment: For Q3 2026, adjusted EPS was $13.55, versus the $8.05 FactSet estimate, while revenue of $4.39 billion exceeded the $3.88 billion consensus and rose 52.1% year over year. Reports attributed the strong results to refining performance and margins. Earnings results
• Positive Sentiment: Management raised its Enterprise Optimization Plan improvement guidance to at least $250 million from $220 million, signaling confidence in further operational gains and cash-flow generation. Company results release
• Positive Sentiment: Delek is targeting $100 million in share repurchases during Q4, which could support per-share value if completed. Buyback and improvement plan

Insider Activity

In related news, EVP Amber Russell sold 5,392 shares of the firm’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $75.50, for a total transaction of $407,096.00. Following the completion of the transaction, the executive vice president directly owned 35,670 shares of the company’s stock, valued at approximately $2,693,085. This trade represents a 13.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Reuven Spiegel sold 7,500 shares of Delek US stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $73.21, for a total transaction of $549,075.00. Following the completion of the sale, the executive vice president owned 28,935 shares in the company, valued at approximately $2,118,331.35. This represents a 20.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 163,377 shares of company stock valued at $11,082,485. Company insiders own 3.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DK. Wall Street Zen upgraded Delek US from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 9th. Freedom Broker initiated coverage on Delek US in a research report on Wednesday, October 7th. They issued a “hold” rating and a $86.00 price target for the company. Weiss Ratings raised Delek US from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Raymond James Financial reaffirmed an “outperform” rating and issued a $95.00 price objective on shares of Delek US in a research note on Friday. Finally, JPMorgan Chase & Co. boosted their price objective on Delek US from $57.00 to $62.00 and gave the company a “neutral” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Delek US currently has a consensus rating of “Moderate Buy” and an average target price of $75.42.

Delek US Price Performance

Delek US stock traded up $1.17 during mid-day trading on Friday, hitting $63.66. The stock had a trading volume of 1,632,537 shares, compared to its average volume of 1,649,891. Delek US Holdings, Inc. has a one year low of $25.85 and a one year high of $82.27. The company has a current ratio of 0.76, a quick ratio of 0.47 and a debt-to-equity ratio of 7.53. The firm has a market capitalization of $3.90 billion, a P/E ratio of 17.88, a P/E/G ratio of 0.51 and a beta of 0.61. The firm’s 50 day moving average is $73.68 and its 200 day moving average is $53.75.

Delek US (NYSE:DK) last posted its quarterly earnings results on Friday, November 6th. The oil and gas company reported $13.55 EPS for the quarter, beating analysts’ consensus estimates of $8.05 by $5.50. The business had revenue of $4.39 billion for the quarter, compared to analysts’ expectations of $3.88 billion. Delek US had a return on equity of 109.03% and a net margin of 1.86%. The business’s quarterly revenue was up 52.1% on a year-over-year basis. During the same period last year, the firm earned $7.13 earnings per share. On average, sell-side analysts forecast that Delek US Holdings, Inc. will post 18.62 earnings per share for the current fiscal year.

Delek US Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 18th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.30 per share. The ex-dividend date is Tuesday, November 10th. This is an increase from Delek US’s previous quarterly dividend of $0.2550. This represents a $1.20 annualized dividend and a dividend yield of 1.9%. Delek US’s dividend payout ratio (DPR) is 28.65%.

Delek US Company Profile

Delek US Holdings, Inc is a downstream energy company headquartered in Brentwood, Tennessee. The company operates petroleum refineries and related logistics assets, producing and transporting fuels and other refined petroleum products for markets primarily in the southern United States.

Through its refining operations, Delek processes crude oil into products such as gasoline, diesel, jet fuel and asphalt. Its logistics business, conducted in part through Delek Logistics Partners, owns and operates pipelines, crude oil gathering systems, storage terminals, transportation assets and other infrastructure that supports the movement of crude oil and refined products.

Delek has also operated convenience stores and fuel stations, particularly in Texas and neighboring states, under brands including DK and Alon.