JPMorgan Chase & Co. Issues Positive Forecast for Delek US (NYSE:DK) Stock Price

Delek US (NYSE:DK) had its target price increased by JPMorgan Chase & Co. from $57.00 to $62.00 in a report published on Tuesday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the oil and gas company’s stock.

DK has been the topic of a number of other research reports. Mizuho lifted their price objective on shares of Delek US from $54.00 to $60.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. Citigroup lifted their price target on shares of Delek US from $33.00 to $44.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. TD Cowen upgraded Delek US from a “hold” rating to a “buy” rating and increased their price objective for the company from $50.00 to $58.00 in a report on Monday, June 29th. UBS Group raised their price objective on Delek US from $42.00 to $48.00 and gave the stock a “neutral” rating in a research report on Friday, April 10th. Finally, Zacks Research raised Delek US from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $49.15.

Delek US Stock Up 5.0%

Delek US stock opened at $60.92 on Tuesday. The company has a quick ratio of 0.49, a current ratio of 0.76 and a debt-to-equity ratio of 10.51. The firm has a market cap of $3.73 billion, a P/E ratio of -66.95, a P/E/G ratio of 0.35 and a beta of 0.58. The business has a fifty day moving average of $47.33 and a two-hundred day moving average of $40.54. Delek US has a twelve month low of $19.81 and a twelve month high of $60.97.

Delek US (NYSE:DK) last announced its quarterly earnings results on Wednesday, April 29th. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.42) by $1.50. Delek US had a positive return on equity of 22.90% and a negative net margin of 0.48%.The business had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.33 billion. During the same period last year, the business posted ($2.32) EPS. The business’s revenue was up .4% compared to the same quarter last year. On average, analysts forecast that Delek US will post 5.63 earnings per share for the current fiscal year.

Delek US Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, May 1st were given a dividend of $0.255 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.02 dividend on an annualized basis and a yield of 1.7%. Delek US’s dividend payout ratio (DPR) is currently -112.09%.

Insiders Place Their Bets

In other news, Director Laurie Z. Tolson sold 4,921 shares of the 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 sale, the director owned 18,226 shares in the company, valued at $843,863.80. This represents a 21.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Reuven Spiegel sold 10,000 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $44.36, for a total value of $443,600.00. Following the completion of the sale, the executive vice president owned 48,372 shares in the company, valued at $2,145,781.92. The trade was a 17.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 39,270 shares of company stock worth $1,828,718. Company insiders own 3.56% of the company’s stock.

Hedge Funds Weigh In On Delek US

Several large investors have recently made changes to their positions in DK. Brown Brothers Harriman & Co. purchased a new position in Delek US in the third quarter valued at $27,000. Caitong International Asset Management Co. Ltd grew its position in shares of Delek US by 95.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the oil and gas company’s stock valued at $26,000 after acquiring an additional 432 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Delek US by 173.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 968 shares of the oil and gas company’s stock valued at $29,000 after purchasing an additional 614 shares in the last quarter. Torren Management LLC acquired a new position in Delek US in the 4th quarter worth about $40,000. Finally, Focus Partners Wealth purchased a new position in Delek US during the third quarter worth approximately $44,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Delek US News Summary

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

• Positive Sentiment: Zacks Research raised its earnings estimates for Delek US (DK) across multiple periods, including Q2 2026, Q3 2026, Q4 2026, FY2026, Q1 2027, Q4 2027 and FY2027, while maintaining a Strong-Buy rating. Higher profit forecasts can signal better operating momentum and support the stock. Article Title
• Positive Sentiment: JPMorgan Chase & Co. increased its price target on Delek US (DK) from $57 to $62, implying limited additional upside from current levels but still showing improved analyst confidence. Article Title
• Neutral Sentiment: A Zacks comparison piece highlighted that DK has outperformed recently on stronger execution, but framed the stock versus rival PBF Energy as a valuation and turnaround debate rather than a direct new catalyst. Article Title

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.