Cibc World Market Inc. Invests $408,000 in Delek US Holdings, Inc. $DK

Cibc World Market Inc. acquired a new position in shares of Delek US Holdings, Inc. (NYSE:DK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,039 shares of the oil and gas company’s stock, valued at approximately $408,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Royal Bank of Canada increased its position in Delek US by 18.4% in the 1st 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 stake in shares of Delek US in the first quarter worth $390,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Delek US by 3.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,190 shares of the oil and gas company’s stock worth $560,000 after acquiring an additional 1,102 shares during the last quarter. Jones Financial Companies Lllp increased its position in Delek US by 3,979.8% during the first quarter. Jones Financial Companies Lllp now owns 20,399 shares of the oil and gas company’s stock worth $307,000 after acquiring an additional 19,899 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Delek US by 7.2% during 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 buying an additional 9,827 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Reuven Spiegel sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $68.21, for a total value of $682,100.00. Following the sale, the executive vice president directly owned 36,435 shares in the company, valued at $2,485,231.35. This trade represents a 21.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William J. Finnerty sold 1,457 shares of Delek US stock in a transaction that occurred on 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 directly owned 33,348 shares in the company, valued at $2,157,615.60. The trade was a 4.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 151,077 shares of company stock worth $9,929,931 over the last ninety days. Company insiders own 3.56% of the company’s stock.

Delek US Stock Up 2.8%

NYSE:DK opened at $72.26 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.76 and a debt-to-equity ratio of 7.53. Delek US Holdings, Inc. has a 12-month low of $25.85 and a 12-month high of $73.39. The stock’s fifty day simple moving average is $60.72 and its 200-day simple moving average is $48.72. The firm has a market capitalization of $4.42 billion, a P/E ratio of 20.30, a P/E/G ratio of 1.39 and a beta of 0.57.

Delek US (NYSE:DK) last released its quarterly earnings data 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. Delek US had a return on equity of 109.03% and a net margin of 1.86%.The business had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $3.44 billion. During the same quarter in the prior year, the company posted ($0.56) earnings per share. The firm’s revenue was up 47.9% on a year-over-year basis. Equities research analysts expect that Delek US Holdings, Inc. will post 11.05 earnings per share for the current year.

Delek US Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Monday, August 3rd were paid a $0.255 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.4%. Delek US’s dividend payout ratio is 28.65%.

Wall Street Analyst Weigh In

Several research analysts recently commented on DK shares. Weiss Ratings raised Delek US from a “sell (d+)” rating to a “hold (c+)” rating in a research report on Thursday, August 6th. The Goldman Sachs Group raised their price target on Delek US from $73.00 to $83.00 and gave the company a “buy” rating in a report on Tuesday, August 18th. Wall Street Zen upgraded shares of Delek US from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 9th. Raymond James Financial lifted their price objective on Delek US from $60.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. Finally, JPMorgan Chase & Co. boosted their price objective on Delek US from $57.00 to $62.00 and gave the stock a “neutral” rating in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $53.15.

Delek US News Roundup

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.

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.