Diamondback Energy, Inc. $FANG Shares Sold by Bokf Na

Bokf Na trimmed its holdings in Diamondback Energy, Inc. (NASDAQ:FANG) by 25.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 22,271 shares of the oil and natural gas company’s stock after selling 7,763 shares during the period. Bokf Na’s holdings in Diamondback Energy were worth $3,348,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in FANG. Smead Capital Management Inc. acquired a new position in shares of Diamondback Energy in the 2nd quarter valued at approximately $144,775,000. Capital Research Global Investors raised its position in shares of Diamondback Energy by 38.0% in the 3rd quarter. Capital Research Global Investors now owns 3,798,812 shares of the oil and natural gas company’s stock valued at $543,610,000 after purchasing an additional 1,046,398 shares in the last quarter. Balyasny Asset Management L.P. raised its position in shares of Diamondback Energy by 2,637.8% in the 3rd quarter. Balyasny Asset Management L.P. now owns 456,686 shares of the oil and natural gas company’s stock valued at $65,352,000 after purchasing an additional 440,005 shares in the last quarter. Two Sigma Investments LP raised its position in shares of Diamondback Energy by 1,127.8% in the 3rd quarter. Two Sigma Investments LP now owns 369,568 shares of the oil and natural gas company’s stock valued at $52,885,000 after purchasing an additional 339,468 shares in the last quarter. Finally, Ninepoint Partners LP acquired a new position in shares of Diamondback Energy in the 3rd quarter valued at approximately $45,076,000. 90.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FANG has been the topic of a number of recent analyst reports. Barclays upped their target price on Diamondback Energy from $190.00 to $225.00 and gave the company an “overweight” rating in a research report on Tuesday. UBS Group boosted their price target on Diamondback Energy from $240.00 to $245.00 and gave the company a “buy” rating in a report on Friday, April 10th. Raymond James Financial reiterated a “strong-buy” rating and issued a $242.00 price target on shares of Diamondback Energy in a report on Monday, April 27th. Freedom Capital upgraded Diamondback Energy to a “strong-buy” rating in a report on Tuesday, March 10th. Finally, TD Cowen upgraded Diamondback Energy to a “strong-buy” rating in a report on Monday, February 9th. Five investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Diamondback Energy presently has an average rating of “Buy” and an average price target of $215.70.

Diamondback Energy Trading Down 2.5%

NASDAQ:FANG opened at $190.30 on Friday. Diamondback Energy, Inc. has a 12-month low of $130.48 and a 12-month high of $214.51. The firm has a market capitalization of $53.53 billion, a P/E ratio of 221.28 and a beta of 0.46. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.56 and a quick ratio of 0.40. The business has a 50 day simple moving average of $188.80 and a 200 day simple moving average of $165.63.

Diamondback Energy (NASDAQ:FANG) last released its quarterly earnings data on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.74 by $0.49. Diamondback Energy had a return on equity of 7.76% and a net margin of 1.87%.The business had revenue of $4.24 billion during the quarter, compared to analyst estimates of $3.83 billion. During the same quarter in the previous year, the firm posted $4.54 EPS. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. Equities research analysts predict that Diamondback Energy, Inc. will post 18.86 EPS for the current year.

Diamondback Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th will be paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, May 14th. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.05. Diamondback Energy’s dividend payout ratio (DPR) is presently 488.37%.

More Diamondback Energy News

Here are the key news stories impacting Diamondback Energy this week:

• Positive Sentiment: Q1 beat, higher guidance and shareholder returns — Diamondback reported Q1 EPS and revenue above estimates, raised full‑year oil production guidance, increased its dividend and reiterated buybacks, which supports earnings power and cash return to shareholders. Read More.
• Positive Sentiment: Barclays raised its price target to $225 and kept an Overweight rating, citing better‑than‑expected production results — a clear analyst endorsement that can support upside. Read More.
• Positive Sentiment: Susquehanna increased its price target to $245 and moved to a positive rating (largest upside among recent notes), adding further analyst conviction. Read More.
• Positive Sentiment: Earnings estimate revisions are moving higher — analysts (Zacks and others) are lifting forward estimates after the beat, which can support multiple expansion or higher target revisions. Read More.
• Neutral Sentiment: Management signals disciplined growth but may pursue expansion if oil prices stay elevated — RBC frames growth as conditional on macro oil strength, so future capital allocation could shift depending on the commodity cycle. Read More.
• Neutral Sentiment: Earnings call emphasized “disciplined growth ahead” — positive tone, but execution and pacing of any growth program will be watched closely by the market. Read More.
• Negative Sentiment: High valuation and recent strong run create profit‑taking risk — FANG’s P/E is elevated and the stock had large YTD gains, so some investors are trimming positions despite positive news.
• Negative Sentiment: Operational/financial metrics that may concern some holders: year‑over‑year EPS was slightly lower than last year, and liquidity ratios and net margin remain modest — these factors can temper enthusiasm despite the beat and buybacks.

Insider Activity

In other Diamondback Energy news, CAO Teresa L. Dick sold 5,000 shares of Diamondback Energy stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $190.00, for a total transaction of $950,000.00. Following the sale, the chief accounting officer owned 107,755 shares of the company’s stock, valued at $20,473,450. The trade was a 4.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Matt Zmigrosky sold 4,101 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $190.51, for a total value of $781,281.51. Following the completion of the sale, the executive vice president directly owned 56,392 shares in the company, valued at $10,743,239.92. This represents a 6.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 156,464 shares of company stock worth $28,568,431 over the last ninety days. 0.64% of the stock is currently owned by company insiders.

Diamondback Energy Company Profile

Diamondback Energy, Inc (NASDAQ: FANG) is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.

Diamondback’s activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.