Delek US (NYSE:DK) Trading Down 8.4% – Here’s What Happened

Posted by Stanley Muller on Aug 7th, 2026

Delek US Holdings, Inc. (NYSE:DK – Get Free Report) shares dropped 8.4% on Wednesday . The company traded as low as $60.56 and last traded at $60.6460. Approximately 884,120 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 1,387,118 shares. The stock had previously closed at $66.20.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Delek US from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Mizuho upped their price objective on Delek US from $54.00 to $60.00 and gave the company an “outperform” rating in a research note on Wednesday, May 27th. TD Cowen increased their price objective on Delek US from $58.00 to $76.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. Morgan Stanley increased their price objective on Delek US from $41.00 to $45.00 and gave the company an “equal weight” rating in a report on Friday, June 12th. Finally, Zacks Research raised 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 given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Delek US presently has an average rating of “Hold” and an average price target of $51.92.

Read Our Latest Stock Report on DK

Delek US Stock Down 0.5%

The company has a market capitalization of $3.58 billion, a PE ratio of 16.40, a PEG ratio of 1.57 and a beta of 0.57. The company has a debt-to-equity ratio of 10.51, a quick ratio of 0.49 and a current ratio of 0.76. The stock’s 50 day moving average is $53.96 and its 200 day moving average is $44.66.

Delek US (NYSE:DK – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The oil and gas company reported $5.48 EPS for the quarter, topping the consensus estimate of $2.67 by $2.81. Delek US had a net margin of 1.86% and a return on equity of 108.48%. The company had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $3.44 billion. During the same period last year, the firm earned ($0.56) EPS. Delek US’s revenue for the quarter was up 47.9% on a year-over-year basis. On average, sell-side analysts anticipate that Delek US Holdings, Inc. will post 8.32 EPS for the current fiscal year.

Delek US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Monday, August 3rd will be issued a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, August 3rd. Delek US’s dividend payout ratio (DPR) is presently 28.65%.

Insider Buying and Selling

In related news, EVP Reuven Spiegel sold 10,000 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $44.36, for a total transaction of $443,600.00. Following the sale, the executive vice president owned 48,372 shares of the company’s stock, valued at approximately $2,145,781.92. This represents a 17.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Robert G. Wright sold 10,720 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $47.07, for a total value of $504,590.40. Following the completion of the transaction, the executive vice president owned 48,148 shares of the company’s stock, valued at approximately $2,266,326.36. This represents a 18.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 39,270 shares of company stock valued at $1,828,718 in the last 90 days. Corporate insiders own 3.56% of the company’s stock.

Institutional Investors Weigh In On Delek US

A number of institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in Delek US by 18.4% during 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 acquiring an additional 43,379 shares during the period. AQR Capital Management LLC purchased a new position in shares of Delek US during the 1st quarter valued at $390,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings 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 purchasing an additional 1,102 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Delek US by 3,979.8% in the first quarter. Jones Financial Companies Lllp now owns 20,399 shares of the oil and gas company’s stock worth $307,000 after purchasing 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% 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 worth $2,213,000 after buying an additional 9,827 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

About Delek US

(Get Free Report)

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.