Delek Logistics Partners (NYSE:DKL) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

17 May 2026, 09:42 by Renee Jackson · The Cerbat Gem

Delek Logistics Partners, L.P. (NYSE:DKL – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $49.07 and traded as high as $52.37. Delek Logistics Partners shares last traded at $51.2130, with a volume of 78,857 shares trading hands.

Wall Street Analysts Forecast Growth

DKL has been the subject of a number of recent research reports. Mizuho raised their price target on Delek Logistics Partners from $45.00 to $52.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Raymond James Financial reissued an “outperform” rating and issued a $60.00 price target on shares of Delek Logistics Partners in a research note on Thursday, April 30th. Weiss Ratings downgraded Delek Logistics Partners from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. Zacks Research lowered shares of Delek Logistics Partners from a “hold” rating to a “strong sell” rating in a research report on Friday, January 23rd. Finally, Citigroup reiterated a “neutral” rating and issued a $52.00 target price (up from $47.00) on shares of Delek Logistics Partners in a research note on Friday, March 6th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $55.25.

Check Out Our Latest Research Report on Delek Logistics Partners

Delek Logistics Partners Stock Performance

The company has a market cap of $2.72 billion, a price-to-earnings ratio of 16.21, a P/E/G ratio of 0.60 and a beta of 0.50. The company has a debt-to-equity ratio of 386.77, a current ratio of 0.96 and a quick ratio of 0.92. The firm has a fifty day simple moving average of $51.36 and a 200 day simple moving average of $49.07.

Delek Logistics Partners (NYSE:DKL – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The oil and gas producer reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.20). The firm had revenue of $297.47 million during the quarter, compared to analyst estimates of $239.87 million. Delek Logistics Partners had a return on equity of 1,917.10% and a net margin of 16.00%. On average, sell-side analysts expect that Delek Logistics Partners, L.P. will post 3.86 earnings per share for the current fiscal year.

Delek Logistics Partners Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, May 4th were given a dividend of $1.13 per share. The ex-dividend date of this dividend was Monday, May 4th. This represents a $4.52 dividend on an annualized basis and a yield of 8.8%. This is a positive change from Delek Logistics Partners’s previous quarterly dividend of $1.13. Delek Logistics Partners’s dividend payout ratio (DPR) is presently 143.04%.

Institutional Investors Weigh In On Delek Logistics Partners

Several hedge funds and other institutional investors have recently made changes to their positions in DKL. Van ECK Associates Corp lifted its position in shares of Delek Logistics Partners by 4.9% during the 4th quarter. Van ECK Associates Corp now owns 5,547 shares of the oil and gas producer’s stock worth $248,000 after purchasing an additional 258 shares during the last quarter. American Financial Group Inc. grew its holdings in Delek Logistics Partners by 3.0% in the 4th quarter. American Financial Group Inc. now owns 17,000 shares of the oil and gas producer’s stock valued at $759,000 after buying an additional 500 shares during the last quarter. Sharpepoint LLC grew its holdings in Delek Logistics Partners by 1.4% in the 3rd quarter. Sharpepoint LLC now owns 37,868 shares of the oil and gas producer’s stock valued at $1,725,000 after buying an additional 506 shares during the last quarter. Jones Financial Companies Lllp increased its position in 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 during the period. Finally, Private Advisor Group LLC increased its position in Delek Logistics Partners by 8.0% in the 3rd quarter. Private Advisor Group LLC now owns 13,537 shares of the oil and gas producer’s stock worth $616,000 after buying an additional 1,000 shares during the period. 11.75% of the stock is owned by institutional investors and hedge funds.

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.