Ezra Uzi Yemin Purchases 6,000 Shares of Delek Logistics Partners (NYSE:DKL) Stock

Delek Logistics Partners, L.P. (NYSE:DKL) Chairman Ezra Uzi Yemin purchased 6,000 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was acquired at an average price of $50.00 per share, with a total value of $300,000.00. Following the purchase, the chairman owned 168,217 shares of the company’s stock, valued at approximately $8,410,850. This represents a 3.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Delek Logistics Partners Stock Down 0.1%

Shares of NYSE DKL opened at $53.70 on Wednesday. The stock has a market cap of $2.86 billion, a P/E ratio of 18.71 and a beta of 0.46. The company has a current ratio of 0.96, a quick ratio of 0.91 and a debt-to-equity ratio of 386.77. Delek Logistics Partners, L.P. has a 12-month low of $42.35 and a 12-month high of $61.50. The business’s fifty day simple moving average is $54.34 and its 200-day simple moving average is $52.72.

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

Delek Logistics Partners Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 10th. Stockholders of record on Monday, August 3rd were paid a $1.135 dividend. This represents a $4.54 annualized dividend and a dividend yield of 8.5%. The ex-dividend date was Monday, August 3rd. This is a boost from Delek Logistics Partners’s previous quarterly dividend of $1.13. Delek Logistics Partners’s dividend payout ratio (DPR) is 158.19%.

More Delek Logistics Partners News

Here are the key news stories impacting Delek Logistics Partners this week:

• Positive Sentiment: Company insiders collectively purchased approximately $750,000 of DKL units at $50 per unit on August 13. Chairman Ezra Uzi Yemin bought 6,000 units, while President Avigal Soreq and EVPs Mark Wayne Hobbs, Robert G. Wright and Reuven Spiegel also increased their holdings. The purchases—raising individual positions by roughly 3% to 23%—may signal that management views the units as attractively valued. Insider buying report
• Positive Sentiment: Delek Logistics increased its quarterly distribution to $1.135 per unit from $1.13, maintaining a long record of distribution growth. The annualized payout is $4.54, equivalent to an approximately 8.5% yield, which may support demand from income-focused investors. However, the payout ratio remains elevated at about 158%. Dividend increase article
• Neutral Sentiment: Analyst sentiment is generally favorable but mixed. Zacks upgraded DKL to “strong buy,” while Raymond James maintained “outperform”; UBS remains “neutral.” The consensus rating is “Moderate Buy,” with an average price target of $55.40.
• Negative Sentiment: Delek Logistics announced a public offering of common units. Although the proceeds could fund growth or balance-sheet needs, issuing additional units may dilute existing holders and weigh on the market price, particularly given DKL’s very high debt-to-equity ratio. Common-unit offering announcement
• Negative Sentiment: The partnership’s latest quarterly EPS of $0.54 missed analysts’ $0.93 estimate, despite revenue exceeding expectations. The earnings shortfall, negative return on equity and high distribution burden remain concerns for investors evaluating the sustainability of DKL’s yield.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on DKL shares. Zacks Research raised shares of Delek Logistics Partners from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Raymond James Financial reiterated an “outperform” rating and set a $60.00 price target on shares of Delek Logistics Partners in a report on Thursday, April 30th. UBS Group started coverage on shares of Delek Logistics Partners in a research report on Thursday, July 16th. They issued a “neutral” rating and a $56.00 price objective on the stock. Mizuho lifted their price objective on shares of Delek Logistics Partners from $45.00 to $52.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Delek Logistics Partners in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $55.40.

Institutional Investors Weigh In On Delek Logistics Partners

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets acquired a new position in Delek Logistics Partners in the second quarter valued at approximately $50,000. Jones Financial Companies Lllp raised its holdings in Delek Logistics Partners by 303.3% during the first 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 purchased a new stake in shares of Delek Logistics Partners during the 1st quarter worth approximately $67,000. Osaic Holdings Inc. boosted its holdings in shares of Delek Logistics Partners by 245.8% in the 2nd quarter. Osaic Holdings Inc. now owns 2,687 shares of the oil and gas producer’s stock valued at $115,000 after buying an additional 1,910 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Delek Logistics Partners by 1,186.5% in the 2nd quarter. Bank of America Corp DE now owns 4,194 shares of the oil and gas producer’s stock valued at $180,000 after buying an additional 3,868 shares in the last quarter. Institutional investors and hedge funds own 11.75% of the company’s stock.

About Delek Logistics Partners

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.