Hennessy Advisors Inc. Buys Shares of 200,900 Delek US Holdings, Inc. $DK

Hennessy Advisors Inc. purchased a new position in shares of Delek US Holdings, Inc. (NYSE:DK) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 200,900 shares of the oil and gas company’s stock, valued at approximately $10,208,000. Hennessy Advisors Inc. owned 0.33% of Delek US at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DK. Royal Bank of Canada boosted its stake in Delek US by 18.4% during the first quarter. Royal Bank of Canada now owns 278,774 shares of the oil and gas company’s stock worth $4,201,000 after buying an additional 43,379 shares during the period. AQR Capital Management LLC acquired a new position in shares of Delek US in the 1st quarter worth approximately $390,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Delek US by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,190 shares of the oil and gas company’s stock worth $560,000 after purchasing an additional 1,102 shares during the period. Jones Financial Companies Lllp increased its holdings in Delek US by 3,979.8% in the 1st quarter. Jones Financial Companies Lllp now owns 20,399 shares of the oil and gas company’s stock valued at $307,000 after purchasing an additional 19,899 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Delek US by 7.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 146,871 shares of the oil and gas company’s stock valued at $2,213,000 after purchasing an additional 9,827 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Delek US news, EVP Reuven Spiegel sold 10,000 shares of Delek US stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $68.21, for a total value of $682,100.00. Following the transaction, the executive vice president directly owned 36,435 shares in the company, valued at approximately $2,485,231.35. This trade represents a 21.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William J. Finnerty sold 1,457 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $64.70, for a total transaction of $94,267.90. Following the transaction, the director owned 33,348 shares in the company, 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. Insiders sold 151,077 shares of company stock worth $9,929,931 over the last quarter. 3.56% of the stock is owned by insiders.

Delek US Price Performance

Shares of NYSE DK opened at $72.26 on Friday. The stock has a market cap of $4.42 billion, a P/E ratio of 20.30, a P/E/G ratio of 1.43 and a beta of 0.57. Delek US Holdings, Inc. has a twelve month low of $25.85 and a twelve month high of $73.39. The stock has a 50 day moving average of $60.72 and a two-hundred day moving average of $48.72. The company has a current ratio of 0.76, a quick ratio of 0.47 and a debt-to-equity ratio of 7.53.

Delek US (NYSE:DK) last announced its earnings results on Wednesday, August 5th. The oil and gas company reported $5.48 EPS for the quarter, beating analysts’ consensus estimates of $2.67 by $2.81. The business had revenue of $4.09 billion for 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 company’s quarterly revenue was up 47.9% on a year-over-year basis. During the same period in the previous year, the company posted ($0.56) EPS. On average, research analysts forecast that Delek US Holdings, Inc. will post 11.05 earnings per share for the current year.

Delek US Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were given a $0.255 dividend. 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 28.65%.

Key Stories Impacting Delek US

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.

Wall Street Analysts Forecast Growth

DK has been the subject of a number of research reports. Mizuho lifted their price objective on Delek US from $60.00 to $66.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Morgan Stanley lifted their target price on Delek US from $41.00 to $45.00 and gave the company an “equal weight” rating in a research report on Friday, June 12th. Weiss Ratings raised shares of Delek US from a “sell (d+)” rating to a “hold (c+)” rating in a research note on Thursday, August 6th. Wall Street Zen raised shares of Delek US from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 9th. Finally, Zacks Research raised shares of Delek US from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $53.15.

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.