AXQ Capital LP Purchases Shares of 20,957 Delek US Holdings, Inc. $DK

AXQ Capital LP acquired a new position in shares of Delek US Holdings, Inc. (NYSE:DK) in the 4th quarter, Holdings Channel.com reports. The firm acquired 20,957 shares of the oil and gas company’s stock, valued at approximately $622,000.

A number of other institutional investors also recently made changes to their positions in DK. Brown Brothers Harriman & Co. acquired a new stake in Delek US during the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC grew its holdings in 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 buying an additional 614 shares in the last quarter. Torren Management LLC bought a new position in Delek US during the 4th quarter worth $40,000. Focus Partners Wealth acquired a new stake in shares of Delek US during the third quarter worth $44,000. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Delek US during the third quarter worth $59,000. Institutional investors own 97.01% of the company’s stock.

Delek US Trading Up 1.6%

DK opened at $47.15 on Thursday. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of -51.81, a P/E/G ratio of 0.32 and a beta of 0.60. The company has a quick ratio of 0.49, a current ratio of 0.76 and a debt-to-equity ratio of 10.51. Delek US Holdings, Inc. has a twelve month low of $18.12 and a twelve month high of $49.50. The company has a 50-day simple moving average of $43.74 and a 200 day simple moving average of $37.86.

Delek US (NYSE:DK) last issued its earnings results on Wednesday, April 29th. The oil and gas company reported $0.08 EPS for the quarter, beating the consensus estimate 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 company had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.33 billion. During the same period in the previous year, the company earned ($2.32) EPS. The business’s revenue for the quarter was up .4% compared to the same quarter last year. Analysts predict that Delek US Holdings, Inc. will post 4.96 EPS for the current fiscal year.

Delek US Announces Dividend

The company also recently disclosed 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. This represents a $1.02 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, May 1st. Delek US’s payout ratio is currently -112.09%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on DK shares. Zacks Research downgraded shares of Delek US from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Mizuho boosted their price objective on shares of Delek US from $54.00 to $60.00 and gave the company an “outperform” rating in a report on Wednesday, May 27th. Wall Street Zen upgraded shares of Delek US from a “buy” rating to a “strong-buy” rating in a research report on Monday, May 18th. Morgan Stanley set a $41.00 target price on shares of Delek US in a report on Monday, May 4th. Finally, Wells Fargo & Company lifted their price target on shares of Delek US from $54.00 to $59.00 and gave the company an “overweight” rating in a research report on Tuesday, March 31st. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $44.69.

Insider Buying and Selling at Delek US

In other Delek US news, Director William J. Finnerty sold 5,000 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $45.50, for a total transaction of $227,500.00. Following the completion of the sale, the director directly owned 41,369 shares in the company, valued at $1,882,289.50. This represents a 10.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Shlomo Zohar sold 7,343 shares of the firm’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $46.00, for a total value of $337,778.00. Following the completion of the sale, the director directly owned 6,646 shares in the company, valued at approximately $305,716. This represents a 52.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 61,730 shares of company stock valued at $2,749,502. 3.56% of the stock is currently owned by insiders.

Delek US News Summary

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

• Positive Sentiment: A recent Zacks commentary says DK has surged 149% over the past year, citing optimization gains, refinery upgrades and improving refining conditions. That backdrop helps explain continued investor interest in the stock. Delek Surges 149% in a Year: How to Approach the Stock?
• Positive Sentiment: Analyst estimates still point to solid earnings power, with consensus FY2026 EPS at $4.96. DK also recently beat Q1 earnings and revenue expectations, reinforcing the view that its refineries are generating improved results. DK stock page
• Neutral Sentiment: Zacks Research nudged its Q1 2027 EPS estimate higher, but kept a Hold rating, suggesting near-term estimates improved slightly without a major change in the overall stance.
• Neutral Sentiment: At the same time, Zacks trimmed its FY2028 EPS forecast, which introduces some longer-term caution but is unlikely to be the main driver of today’s trading.
• Negative Sentiment: Director Vicky Sutil disclosed multiple recent stock sales, including 1,848 shares at $45.00 and earlier sales at $46.00 and $44.03. Insider selling can weigh on sentiment because it may suggest some caution about valuation, even though the transactions were relatively small. SEC Form 4 filing

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.