Highbridge Capital Management LLC Acquires Shares of 36,837 Delek US Holdings, Inc. $DK

Highbridge Capital Management LLC acquired a new stake in Delek US Holdings, Inc. (NYSE:DK) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 36,837 shares of the oil and gas company’s stock, valued at approximately $1,093,000.

Other institutional investors also recently bought and sold shares of the company. Brown Brothers Harriman & Co. acquired a new position in Delek US in the 3rd quarter valued at $27,000. EverSource Wealth Advisors LLC increased its stake 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 during the period. Torren Management LLC acquired a new position in Delek US in the 4th quarter valued at $40,000. Focus Partners Wealth acquired a new position in Delek US in the 3rd quarter valued at $44,000. Finally, Aster Capital Management DIFC Ltd acquired a new position in Delek US in the 3rd quarter valued at $59,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. The Goldman Sachs Group raised shares of Delek US from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $43.00 to $55.00 in a research note on Friday, April 10th. Wells Fargo & Company upped their price target on shares of Delek US from $54.00 to $59.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 31st. Mizuho upped their price target on shares of Delek US from $54.00 to $60.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. TD Cowen lowered their price target on shares of Delek US from $60.00 to $44.00 and set a “hold” rating on the stock in a research note on Monday, April 27th. Finally, Zacks Research cut shares of Delek US from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Five analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Delek US currently has an average rating of “Hold” and an average price target of $44.69.

Insider Transactions at Delek US

In related news, Director Vicky Sutil sold 1,871 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $48.00, for a total value of $89,808.00. Following the sale, the director directly owned 29,368 shares of the company’s stock, valued at approximately $1,409,664. This represents a 5.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Reuven Spiegel sold 10,000 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $44.36, for a total transaction of $443,600.00. Following the completion of the sale, the executive vice president directly owned 48,372 shares in the company, valued at approximately $2,145,781.92. The trade was a 17.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 63,601 shares of company stock worth $2,839,310 in the last 90 days. Insiders own 3.56% of the company’s stock.

Delek US News Roundup

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Delek US to $1.82 from $1.81, signaling slightly better expected performance this year.
• Positive Sentiment: The firm also increased its Q3 2026 EPS estimate to $1.07 from $1.05 and Q2 2027 EPS to $0.59 from $0.58, which may support investor confidence in near-term earnings stability.
• Positive Sentiment: Q3 2027 EPS estimates were lifted to $0.31 from $0.30, adding to the small upward revisions in intermediate-term forecasts.
• Neutral Sentiment: Zacks Research kept a Hold rating on Delek US, indicating analysts are not taking a strongly bullish or bearish stance. Delek US stock page
• Negative Sentiment: Analysts lowered FY2027 EPS estimates to $1.23 from $1.26, suggesting softer expected earnings growth in the following year.
• Negative Sentiment: Q1 2027 EPS estimates were cut to $(0.31) from $(0.27), and FY2028 estimates were reduced to $(0.27) from $(0.24), which may weigh on longer-term sentiment.
• Negative Sentiment: Director Vicky Sutil sold 1,871 shares at $48.00 per share, a modest insider sale that could be viewed cautiously by investors.

Delek US Stock Performance

NYSE:DK opened at $48.36 on Friday. 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 fifty-two week low of $18.94 and a fifty-two week high of $49.50. The stock has a market cap of $2.96 billion, a PE ratio of -53.14, a price-to-earnings-growth ratio of 0.33 and a beta of 0.60. The firm’s fifty day simple moving average is $43.85 and its 200-day simple moving average is $37.98.

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, beating analysts’ consensus estimates of ($1.42) by $1.50. The firm had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.33 billion. Delek US had a negative net margin of 0.48% and a positive return on equity of 22.90%. The firm’s revenue was up .4% on a year-over-year basis. During the same period in the prior year, the company earned ($2.32) EPS. Analysts expect that Delek US Holdings, Inc. will post 4.96 earnings per share for the current fiscal year.

Delek US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, May 1st were paid a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, May 1st. Delek US’s dividend payout ratio is presently -112.09%.

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.