Reuven Spiegel Sells 250 Shares of Delek Logistics Partners (NYSE:DKL) Stock

Delek Logistics Partners, L.P. (NYSE:DKL) EVP Reuven Spiegel sold 250 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $53.20, for a total transaction of $13,300.00. Following the completion of the sale, the executive vice president directly owned 22,490 shares of the company’s stock, valued at $1,196,468. This represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Reuven Spiegel also recently made the following trade(s):

• On Wednesday, February 4th, Reuven Spiegel sold 250 shares of Delek Logistics Partners stock. The shares were sold at an average price of $52.38, for a total transaction of $13,095.00.
• On Monday, January 5th, Reuven Spiegel sold 250 shares of Delek Logistics Partners stock. The stock was sold at an average price of $46.99, for a total transaction of $11,747.50.

Delek Logistics Partners Stock Performance

Shares of NYSE DKL opened at $52.09 on Friday. The company has a debt-to-equity ratio of 386.77, a current ratio of 1.12 and a quick ratio of 0.98. Delek Logistics Partners, L.P. has a 1 year low of $34.59 and a 1 year high of $55.89. The firm has a fifty day moving average price of $50.41 and a 200-day moving average price of $46.74. The stock has a market cap of $2.79 billion, a PE ratio of 15.83, a price-to-earnings-growth ratio of 0.47 and a beta of 0.51.

Delek Logistics Partners (NYSE:DKL) last issued its quarterly earnings results on Friday, February 27th. The oil and gas producer reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.38). Delek Logistics Partners had a return on equity of 461.30% and a net margin of 17.41%.The business had revenue of $255.77 million during the quarter, compared to analysts’ expectations of $283.64 million. Equities analysts anticipate that Delek Logistics Partners, L.P. will post 3.01 earnings per share for the current fiscal year.

Delek Logistics Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, February 5th were paid a $1.125 dividend. This represents a $4.50 annualized dividend and a yield of 8.6%. The ex-dividend date was Thursday, February 5th. This is a positive change from Delek Logistics Partners’s previous quarterly dividend of $1.12. Delek Logistics Partners’s dividend payout ratio is currently 136.78%.

Key Stories Impacting Delek Logistics Partners

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

• Positive Sentiment: Analyst and bullish write-ups point to durable fundamentals and upside potential — Seeking Alpha highlights 22% YoY Q4 revenue growth, diversified third‑party revenue, solid liquidity and argues valuation and technicals could support more gains. Robust Fundamentals
• Positive Sentiment: Dividend increase: DKL raised its quarterly distribution to $1.125 (annualized $4.50), producing an ~8.6% yield — this supports income investors and can underpin demand for the units. (See MarketBeat summary below.) MarketBeat Dividend & Data
• Neutral Sentiment: K-1 tax packages made available — administrative update useful to holders but unlikely to affect valuation or near‑term price action. K-1 Tax Packages
• Neutral Sentiment: Recent valuation/stock‑review pieces note strong one‑year returns and a recent pullback — these are framing pieces for investors weighing risk/reward rather than fresh catalysts. Valuation Assessment
• Negative Sentiment: Q4 results missed expectations: EPS of $0.88 vs. consensus ~$1.26 and revenue of $255.8M below estimates — earnings and revenue misses are direct negative drivers for the share price. Earnings Miss
• Negative Sentiment: Citi taking a cautious stance: Citigroup reaffirmed a “neutral” view and set a $52 price target (only marginally below current levels), signaling limited near‑term upside and adding analyst pressure. Citigroup Note
• Negative Sentiment: Insider selling: EVP Reuven Spiegel sold 250 shares (small position trim). The sale is modest in size but contributes to negative optics around insider activity. Insider Sale

Wall Street Analysts Forecast Growth

DKL has been the topic of several recent analyst reports. Weiss Ratings upgraded shares of Delek Logistics Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 4th. Zacks Research cut shares of Delek Logistics Partners from a “hold” rating to a “strong sell” rating in a research note on Friday, January 23rd. Citigroup reiterated a “neutral” rating and issued a $52.00 price target (up from $47.00) on shares of Delek Logistics Partners in a report on Friday. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $55.00 price target on shares of Delek Logistics Partners in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $50.67.

Institutional Investors Weigh In On Delek Logistics Partners

Large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets purchased a new stake in Delek Logistics Partners during the second quarter valued at $50,000. Jones Financial Companies Lllp grew its stake in shares of Delek Logistics Partners by 303.3% in the 1st quarter. Jones Financial Companies Lllp now owns 1,210 shares of the oil and gas producer’s stock worth $52,000 after buying an additional 910 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Delek Logistics Partners by 92.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,285 shares of the oil and gas producer’s stock worth $104,000 after buying an additional 1,100 shares during the last quarter. Osaic Holdings Inc. increased 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 worth $115,000 after buying an additional 1,910 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Delek Logistics Partners by 1,186.5% during 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 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.