HF Sinclair Co. Q2 earnings exceed expectations, with King Luther Capital Management's share holding reduced by 60.8%.

HF Sinclair Co. (NYSE: DINO) experienced a 60.8% reduction in shares held by King Luther Capital Management, which now owns 26,123 shares valued at $1.39 million. Analysts have adjusted their price targets, with Piper Sandler lowering it to $49.00, while HF Sinclair reported Q2 earnings of $0.78 per share, exceeding expectations. The company maintains a "Moderate Buy" rating and a dividend yield of 4.32%.