UBS Raises Delek Us Holdings PT to $29, Maintains Neutral Rating.

UBS Raises Delek Us Holdings PT to $29, Maintains Neutral Rating.

UBS has revised its target price for Delek US Holdings, Inc. (NYSE: DK) to $29, while maintaining a neutral rating on the stock. This move comes after the oil and gas company's recent quarterly earnings report, which showed improved earnings performance compared to analysts' expectations. Delek US reported earnings per share of ($0.56) for the quarter, beating analysts' consensus estimates of ($0.92) by $0.36. Revenue decreased by 16.4% year-over-year, amounting to $2.76 billion.

Institutional investors continue to show strong interest in Delek US, with a total ownership of 97.01%. T. Rowe Price Investment Management Inc. recently acquired a 1.50% stake in the company, valued at approximately $13.7 million. Deutsche Bank AG, on the other hand, significantly reduced its holdings by 86.4%, now holding 60,926 shares valued at approximately $918,000. Other institutional investors, such as Wells Fargo & Company MN, First Trust Advisors LP, MetLife Investment Management LLC, Tower Research Capital LLC TRC, and Hsbc Holdings PLC, have also adjusted their positions in the company.

Delek US's stock has seen recent volatility, trading up $0.52 during Friday's session to hit $27.48. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of -2.24, and a beta of 1.00. Analysts' consensus rating remains "Reduce," with a target price of $20.35. However, UBS's revised target price of $29 suggests a more optimistic outlook on the stock's future performance.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-910917-shares-in-delek-us-holdings-inc-dk-purchased-by-t-rowe-price-investment-management-inc-2025-08-25/
[2] https://www.marketbeat.com/instant-alerts/filing-deutsche-bank-ag-has-918000-holdings-in-delek-us-holdings-inc-dk-2025-08-25/