Insider Buying: Delek Logistics Partners (NYSE:DKL) EVP Buys $200,000.00 in Stock

17 Aug 2026, 21:08 by Doug Wharley · The Cerbat Gem

Delek Logistics Partners, L.P. (NYSE:DKL – Get Free Report) EVP Mark Wayne Hobbs bought 4,000 shares of the business’s stock in a transaction dated Thursday, August 13th. The stock was purchased at an average price of $50.00 per share, with a total value of $200,000.00. Following the purchase, the executive vice president directly owned 24,125 shares of the company’s stock, valued at $1,206,250. The trade was a 19.88% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Delek Logistics Partners Price Performance

Shares of DKL traded down $0.35 on Monday, hitting $53.66. The company’s stock had a trading volume of 187,719 shares, compared to its average volume of 193,061. The company has a market capitalization of $2.85 billion, a PE ratio of 18.70 and a beta of 0.46. Delek Logistics Partners, L.P. has a fifty-two week low of $42.35 and a fifty-two week high of $61.50. The company has a 50 day moving average price of $54.30 and a 200 day moving average price of $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 (NYSE:DKL – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The oil and gas producer reported $0.54 earnings per share 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 business had revenue of $384.76 million for the quarter, compared to analyst estimates of $293.64 million. On average, research analysts anticipate that Delek Logistics Partners, L.P. will post 3.94 earnings per share for the current fiscal year.

Delek Logistics Partners Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on DKL. Zacks Research raised Delek Logistics Partners from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Mizuho raised their price objective 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. UBS Group initiated coverage on shares of Delek Logistics Partners in a research note on Thursday, July 16th. They issued a “neutral” rating and a $56.00 target price for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Delek Logistics Partners in a research report on Friday, August 7th. Finally, Raymond James Financial reissued an “outperform” rating and set a $60.00 price target on shares of Delek Logistics Partners in a research note on Thursday, April 30th. One equities research 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’s stock. According to data from MarketBeat, Delek Logistics Partners currently has a consensus rating of “Moderate Buy” and an average price target of $55.40.

Check Out Our Latest Analysis on DKL

Hedge Funds Weigh In On Delek Logistics Partners

Hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Delek Logistics Partners by 24.4% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,523,062 shares of the oil and gas producer’s stock worth $65,416,000 after buying an additional 298,867 shares during the last quarter. Alps Advisors Inc. boosted its stake in Delek Logistics Partners by 3.8% in the fourth quarter. Alps Advisors Inc. now owns 4,489,123 shares of the oil and gas producer’s stock valued at $200,305,000 after acquiring an additional 165,741 shares during the last quarter. HRT Financial LP boosted its stake in Delek Logistics Partners by 278.3% in the second quarter. HRT Financial LP now owns 74,704 shares of the oil and gas producer’s stock valued at $3,208,000 after acquiring an additional 54,959 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Delek Logistics Partners by 30.8% during the 2nd quarter. Raymond James Financial Inc. now owns 205,036 shares of the oil and gas producer’s stock worth $8,806,000 after acquiring an additional 48,284 shares during the period. Finally, Pinnacle Holdings LLC bought a new stake in shares of Delek Logistics Partners during the 2nd quarter valued at $1,703,000. Institutional investors own 11.75% of the company’s stock.

Delek Logistics Partners Company Profile

(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.