Delek Logistics Partners (NYSE:DKL) EVP Robert Wright Buys 1,500 Shares of Stock

Posted by George Bondi on Aug 17th, 2026

Delek Logistics Partners, L.P. (NYSE:DKL – Get Free Report) EVP Robert Wright acquired 1,500 shares of Delek Logistics Partners stock in a transaction on Thursday, August 13th. The stock was acquired at an average cost of $50.00 per share, for a total transaction of $75,000.00. Following the purchase, the executive vice president owned 7,994 shares of the company’s stock, valued at approximately $399,700. This represents a 23.10% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Delek Logistics Partners Price Performance

Shares of DKL stock traded down $0.35 during trading hours on Monday, hitting $53.66. 187,719 shares of the company’s stock were exchanged, compared to its average volume of 193,061. The stock’s 50-day moving average is $54.30 and its 200-day moving average is $52.69. The company has a debt-to-equity ratio of 386.77, a current ratio of 0.96 and a quick ratio of 0.91. Delek Logistics Partners, L.P. has a 52 week low of $42.35 and a 52 week high of $61.50. The stock has a market cap of $2.85 billion, a price-to-earnings ratio of 18.70 and a beta of 0.46.

Delek Logistics Partners (NYSE:DKL – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The oil and gas producer reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.39). Delek Logistics Partners had a negative return on equity of 935.80% and a net margin of 12.85%.The company had revenue of $384.76 million for the quarter, compared to analyst estimates of $293.64 million. As a group, research analysts forecast that Delek Logistics Partners, L.P. will post 3.94 EPS for the current year.

Delek Logistics Partners Increases 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 dividend of $1.135 per share. This represents a $4.54 annualized dividend and a dividend yield of 8.5%. This is an increase from Delek Logistics Partners’s previous quarterly dividend of $1.13. The ex-dividend date of this dividend was Monday, August 3rd. Delek Logistics Partners’s payout ratio is currently 158.19%.

Institutional Investors Weigh In On Delek Logistics Partners

A number of hedge funds have recently modified their holdings of DKL. BNP Paribas Financial Markets bought a new position in shares of Delek Logistics Partners during the 2nd quarter valued at about $50,000. Jones Financial Companies Lllp increased its stake in Delek Logistics Partners by 303.3% during the 1st quarter. Jones Financial Companies Lllp now owns 1,210 shares of the oil and gas producer’s stock worth $52,000 after purchasing an additional 910 shares in the last quarter. State of Wyoming acquired a new stake in Delek Logistics Partners during the 1st quarter worth approximately $67,000. Osaic Holdings Inc. raised its holdings in Delek Logistics Partners by 245.8% during the 2nd quarter. Osaic Holdings Inc. now owns 2,687 shares of the oil and gas producer’s stock worth $115,000 after buying an additional 1,910 shares during the period. Finally, Avior Wealth Management LLC bought a new position in Delek Logistics Partners in the second quarter valued at approximately $206,000. Institutional investors and hedge funds own 11.75% of the company’s stock.

Analyst Upgrades and Downgrades

DKL has been the subject of several research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Delek Logistics Partners in a research note on Friday, August 7th. Raymond James Financial reissued an “outperform” rating and issued a $60.00 target price on shares of Delek Logistics Partners in a research note on Thursday, April 30th. Zacks Research upgraded Delek Logistics Partners from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. UBS Group initiated coverage on Delek Logistics Partners in a research note on Thursday, July 16th. They issued a “neutral” rating and a $56.00 price target for the company. Finally, Mizuho increased their price target on shares of Delek Logistics Partners from $45.00 to $52.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Delek Logistics Partners presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.40.

View Our Latest Stock Analysis on DKL

About Delek Logistics Partners

(Get Free Report)

Delek Logistics Partners L.P. (NYSE: DKL) is a master limited partnership formed in 2011 through contributions of pipeline, terminal and crude oil gathering assets by its sponsor, Delek US Holdings, Inc Headquartered in Brentwood, Tennessee, the partnership is managed by Delek Logistics GP, LLC, an affiliate of Delek US. Delek Logistics Partners owns and operates an integrated network of petroleum pipelines and terminals that support the movement, storage and throughput of crude oil and refined products.

The partnership’s core operations include crude oil gathering and processing systems, long-haul pipeline transportation and storage terminal services.