Delek US (NYSE:DK) Stock Rating Cut to “Neutral” at Mizuho

Delek US (NYSE:DK) was downgraded by Mizuho from an “outperform” rating to a “neutral” rating in a note issued to investors on Thursday, October 8th, MarketBeat.com reports. They currently have a $83.00 price target on the oil and gas company’s stock, up from their prior price target of $66.00. Mizuho‘s price objective would indicate a potential upside of 17.96% from the company’s previous close.

A number of other research firms have also recently weighed in on DK. 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. Raymond James Financial increased their price target on shares of Delek US from $72.00 to $90.00 and gave the stock an “outperform” rating in a research report on Monday, September 14th. The Goldman Sachs Group raised their price objective on shares of Delek US from $73.00 to $83.00 and gave the stock a “buy” rating in a report on Tuesday, August 18th. TD Cowen boosted their target price on shares of Delek US from $76.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, September 14th. Finally, Wells Fargo & Company upped their target price on Delek US from $59.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 1st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $75.00.

Delek US Stock Performance

NYSE:DK traded up $0.07 on Thursday, reaching $70.36. 2,306,721 shares of the company’s stock were exchanged, compared to its average volume of 1,585,616. The stock has a fifty day simple moving average of $73.67 and a 200-day simple moving average of $52.19. Delek US has a 52 week low of $25.85 and a 52 week high of $82.27. The company has a debt-to-equity ratio of 7.53, a current ratio of 0.76 and a quick ratio of 0.47. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of 19.77, a P/E/G ratio of 0.56 and a beta of 0.62.

Delek US (NYSE:DK) last issued its earnings results on Wednesday, August 5th. The oil and gas company reported $5.48 earnings per share (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 109.03%. The business had revenue of $4.09 billion during the quarter, compared to analysts’ expectations of $3.44 billion. During the same period in the previous year, the company earned ($0.56) earnings per share. The business’s revenue for the quarter was up 47.9% compared to the same quarter last year. As a group, sell-side analysts predict that Delek US will post 18.79 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Gary Sullivan, Jr. sold 27,688 shares of Delek US stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $69.01, for a total value of $1,910,748.88. Following the sale, the director owned 32,004 shares of the company’s stock, valued at $2,208,596.04. The trade was a 46.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William Finnerty sold 2,943 shares of the company’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $77.17, for a total value of $227,111.31. Following the sale, the director owned 30,405 shares of the company’s stock, valued at approximately $2,346,353.85. The trade was a 8.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 163,377 shares of company stock worth $11,082,485. Corporate insiders own 3.56% of the company’s stock.

Hedge Funds Weigh In On Delek US

Several institutional investors and hedge funds have recently modified their holdings of DK. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Delek US in the third quarter valued at $585,000. Pinnacle Wealth Planning Services Inc. purchased a new stake in Delek US during the 3rd quarter valued at $111,000. Carolina Wealth Advisors LLC purchased a new stake in shares of Delek US during the third quarter worth about $38,000. Sterling Capital Management LLC raised its stake in shares of Delek US by 837.7% in the third quarter. Sterling Capital Management LLC now owns 2,016 shares of the oil and gas company’s stock valued at $144,000 after acquiring an additional 1,801 shares during the period. Finally, Inspire Investing LLC bought a new position in Delek US in the third quarter worth approximately $711,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Delek US

Here are the key news stories impacting Delek US this week:

• Positive Sentiment: Near-term earnings expectations rose significantly. Zacks Research increased its Q3 2026 EPS estimate to $4.19 from $2.05, Q4 2026 to $4.05 from $1.70, and FY2026 to $13.80 from $9.31. Estimates for Q1 2027, Q3 2027, Q4 2027 and FY2027 were also raised, including a nearly doubling of FY2027 expectations to $11.18 from $5.88. These revisions suggest analysts see stronger refining or operating performance ahead. MarketBeat Delek US analyst estimates
• Positive Sentiment: DK was identified as a momentum opportunity. Zacks listed Delek US alongside ATI and Marathon Petroleum as momentum-anomaly stocks, citing substantial annual gains despite recent share-price pullbacks. The article suggested the broader market rally linked to the anticipated Anthropic IPO could provide additional support for momentum names. Buy 3 Momentum Anomaly Stocks as Anthropic IPO Buoys Markets
• Neutral Sentiment: Longer-term estimates remain mixed. Zacks raised Q1 2028 EPS to $0.23 from $0.14, Q2 2028 to $0.44 from $0.02 and FY2028 to $0.29 from $0.02, but the Q3 2028 forecast was reduced to $0.77 from $0.90. The revisions point to improving expectations in several periods but continued volatility in Delek US’s earnings outlook.

About Delek US

Delek US Holdings, Inc is a downstream energy company headquartered in Brentwood, Tennessee. The company operates petroleum refineries and related logistics assets, producing and transporting fuels and other refined petroleum products for markets primarily in the southern United States.

Through its refining operations, Delek processes crude oil into products such as gasoline, diesel, jet fuel and asphalt. Its logistics business, conducted in part through Delek Logistics Partners, owns and operates pipelines, crude oil gathering systems, storage terminals, transportation assets and other infrastructure that supports the movement of crude oil and refined products.

Delek has also operated convenience stores and fuel stations, particularly in Texas and neighboring states, under brands including DK and Alon.