Delek Logistics Partners (NYSE:DKL) EVP Sells 250 Shares

March 7, 2026 by InsiderTrades.com

Key Points

EVP Reuven Spiegel sold 250 shares on March 4 at $53.20 for $13,300, trimming his stake to 22,490 shares (a 1.10% ownership decrease); he also sold 250-share blocks on Feb. 4 and Jan. 5.
Company fundamentals mixed: Delek Logistics missed quarterly EPS expectations ($0.88 vs. $1.26) and revenue was below estimates, yet it raised the quarterly dividend to $1.125 (annualized $4.50) for an 8.6% yield despite a high payout ratio of ~136.8%.

Delek Logistics Partners, L.P. (NYSE:DKL - Get Free Report) EVP Reuven Spiegel sold 250 shares of the company's stock in a transaction dated Wednesday, March 4th. The shares were 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 in the company, valued at approximately $1,196,468. The trade was a 1.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 value of $11,747.50.

Delek Logistics Partners Stock Performance

NYSE:DKL traded down $1.43 on Friday, hitting $52.09. The company's stock had a trading volume of 116,647 shares, compared to its average volume of 69,943. Delek Logistics Partners, L.P. has a one year low of $34.59 and a one year high of $55.89. The firm has a market capitalization of $2.79 billion, a P/E ratio of 15.83, a price-to-earnings-growth ratio of 0.48 and a beta of 0.51. The stock has a fifty day moving average of $50.41 and a two-hundred day moving average of $46.71. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 386.77.

Delek Logistics Partners (NYSE:DKL - Get Free Report) last issued its earnings results on Friday, February 27th. The oil and gas producer reported $0.88 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $283.64 million. Research analysts predict that Delek Logistics Partners, L.P. will post 3.01 earnings per share for the current year.

Delek Logistics Partners Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, February 5th were given a dividend of $1.125 per share. This represents a $4.50 annualized dividend and a yield of 8.6%. This is a boost from Delek Logistics Partners's previous quarterly dividend of $1.12. The ex-dividend date was Thursday, February 5th. Delek Logistics Partners's dividend payout ratio (DPR) is 136.78%.

Wall Street Analysts Forecast Growth

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

View Our Latest Analysis on Delek Logistics Partners

Hedge Funds Weigh In On Delek Logistics Partners

Several hedge funds have recently bought and sold shares of the company. Alps Advisors Inc. raised its position in Delek Logistics Partners by 2.5% during the third quarter. Alps Advisors Inc. now owns 4,323,382 shares of the oil and gas producer's stock valued at $196,887,000 after purchasing an additional 104,115 shares in the last quarter. Westwood Holdings Group Inc. increased its stake in shares of Delek Logistics Partners by 5.6% in the 2nd quarter. Westwood Holdings Group Inc. now owns 231,169 shares of the oil and gas producer's stock valued at $9,929,000 after purchasing an additional 12,266 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Delek Logistics Partners by 16.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 327,466 shares of the oil and gas producer's stock worth $14,065,000 after buying an additional 46,069 shares in the last quarter. TT Capital Management LLC bought a new stake in shares of Delek Logistics Partners during the 2nd quarter worth $1,270,000. Finally, PFG Investments LLC lifted its position in shares of Delek Logistics Partners by 20.5% during the 3rd quarter. PFG Investments LLC now owns 22,300 shares of the oil and gas producer's stock worth $1,016,000 after buying an additional 3,800 shares during the last quarter. 11.75% of the stock is owned by institutional investors.

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.

The partnership's core operations include crude oil gathering and processing systems, long-haul pipeline transportation and storage terminal services.