GeoSphere Capital Management LLC Reduces Holdings in Delek US Holdings, Inc. $DK

GeoSphere Capital Management LLC lessened its position in shares of Delek US Holdings, Inc. (NYSE:DK) by 21.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 117,500 shares of the oil and gas company’s stock after selling 32,500 shares during the quarter. Delek US accounts for 1.1% of GeoSphere Capital Management LLC’s holdings, making the stock its 17th largest holding. GeoSphere Capital Management LLC’s holdings in Delek US were worth $3,485,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Orion Porfolio Solutions LLC lifted its position in shares of Delek US by 2.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 23,244 shares of the oil and gas company’s stock valued at $492,000 after buying an additional 507 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of Delek US by 0.9% during the 3rd quarter. Alliancebernstein L.P. now owns 66,005 shares of the oil and gas company’s stock valued at $2,130,000 after purchasing an additional 573 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Delek US by 173.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 968 shares of the oil and gas company’s stock valued at $29,000 after purchasing an additional 614 shares during the period. ProShare Advisors LLC raised its stake in shares of Delek US by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 10,916 shares of the oil and gas company’s stock valued at $324,000 after purchasing an additional 702 shares during the period. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of Delek US during the 3rd quarter valued at $27,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

DK has been the topic of a number of analyst reports. Raymond James Financial boosted their price objective on Delek US from $47.00 to $54.00 and gave the company an “outperform” rating in a research note on Wednesday, March 25th. Zacks Research upgraded Delek US from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. Morgan Stanley set a $41.00 price objective on Delek US in a research note on Monday, May 4th. Weiss Ratings lowered Delek US from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Finally, Wall Street Zen upgraded Delek US from a “buy” rating to a “strong-buy” rating in a research note on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $44.23.

Trending Headlines about Delek US

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Delek US to $1.74 from a loss estimate of $1.15, suggesting a much better profit outlook for the current year.
• Positive Sentiment: The firm also lifted its FY2027 EPS estimate to $1.16 from a prior forecast of a loss, reinforcing expectations that earnings could improve over the next two years.
• Positive Sentiment: Estimates for Q3 2026, Q2 2027, Q3 2027, and Q4 2027 were all increased, indicating improving profitability across multiple future quarters.
• Neutral Sentiment: Zacks Research kept a Strong-Buy rating on Delek US, which supports the stock but does not represent a new upgrade. Delek US Holdings, Inc. stock page
• Negative Sentiment: Not all revisions were positive: Zacks trimmed its Q2 2026 EPS estimate slightly and cut its Q1 2027 and FY2028 earnings forecasts, which could temper enthusiasm around the longer-term outlook.

Insider Activity

In other news, EVP Joseph Israel sold 38,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $40.65, for a total value of $1,544,700.00. Following the completion of the sale, the executive vice president directly owned 55,623 shares in the company, valued at approximately $2,261,074.95. The trade was a 40.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Denise Clark Mcwatters sold 11,988 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $41.33, for a total transaction of $495,464.04. Following the completion of the sale, the executive vice president owned 74,196 shares of the company’s stock, valued at approximately $3,066,520.68. The trade was a 13.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 197,736 shares of company stock worth $8,433,442. 3.56% of the stock is currently owned by insiders.

Delek US Price Performance

Shares of NYSE DK opened at $43.79 on Monday. The firm has a market capitalization of $2.68 billion, a P/E ratio of -48.12, a P/E/G ratio of 0.33 and a beta of 0.63. The company has a quick ratio of 0.49, a current ratio of 0.76 and a debt-to-equity ratio of 10.51. The stock’s 50-day simple moving average is $43.45 and its two-hundred day simple moving average is $37.60. Delek US Holdings, Inc. has a twelve month low of $18.12 and a twelve month high of $49.50.

Delek US (NYSE:DK) last announced its earnings results on Wednesday, April 29th. The oil and gas company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of ($1.42) by $1.50. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.33 billion. Delek US had a positive return on equity of 22.90% and a negative net margin of 0.48%.The company’s quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the company earned ($2.32) EPS. As a group, equities analysts anticipate that Delek US Holdings, Inc. will post 4.95 EPS for the current fiscal year.

Delek US Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, May 1st were given a dividend of $0.255 per share. The ex-dividend date was Friday, May 1st. This represents a $1.02 annualized dividend and a dividend yield of 2.3%. Delek US’s dividend payout ratio is -112.09%.

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.