Diamondback Energy, Inc. $FANG Stock Position Reduced by Hodges Capital Management Inc.

Hodges Capital Management Inc. decreased its stake in Diamondback Energy, Inc. (NASDAQ:FANG) by 22.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,291 shares of the oil and natural gas company’s stock after selling 3,535 shares during the quarter. Hodges Capital Management Inc.’s holdings in Diamondback Energy were worth $1,759,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Creekmur Asset Management LLC acquired a new stake in Diamondback Energy during the second quarter valued at $28,000. E Fund Management Hong Kong Co. Ltd. raised its stake in shares of Diamondback Energy by 106.3% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the oil and natural gas company’s stock worth $28,000 after purchasing an additional 102 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Diamondback Energy during the 2nd quarter valued at about $29,000. Salomon & Ludwin LLC acquired a new stake in shares of Diamondback Energy during the 3rd quarter valued at about $31,000. Finally, Estabrook Capital Management bought a new stake in shares of Diamondback Energy in the 2nd quarter valued at approximately $41,000. Institutional investors and hedge funds own 90.01% of the company’s stock.

Diamondback Energy News Roundup

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

• Positive Sentiment: Analysts and previews flag a likely Q4 beat driven by rising Permian production, tight cost control and a favorable ESP (earnings surprise predictor), which supports upside to the share price as investors price in another strong report. Diamondback Energy Q4 Earnings Preview: Another Beat Likely?
• Positive Sentiment: Zacks’ deeper Q4 preview notes that looking beyond headline revenue/EPS estimates into key operating metrics could reveal stronger-than-expected performance for the quarter, reinforcing bullish positioning ahead of the print. Diamondback (FANG) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
• Neutral Sentiment: Market coverage roundup: a recent MSN piece surveys Wall Street sentiment on FANG, useful for gauging buy/sell-side positioning but not providing a clear directional catalyst by itself. Is Wall Street bullish or bearish on Diamondback Energy stock?
• Negative Sentiment: Zacks Research has trimmed EPS forecasts across multiple quarters and fiscal years (examples: Q4 2025 cut to $1.86 from $1.91; FY2026 to $8.25 from $8.51; FY2027 to $9.25 from $9.49). Those downward revisions could limit upside if the company’s results fail to materially outpace these lowered expectations. (Multiple Zacks estimate updates summarized from recent research notes.)

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Morgan Stanley cut their price objective on shares of Diamondback Energy from $183.00 to $171.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. TD Cowen upgraded shares of Diamondback Energy to a “strong-buy” rating in a report on Monday, February 9th. Sanford C. Bernstein reduced their price objective on shares of Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Diamondback Energy in a research report on Monday, December 29th. Finally, Wall Street Zen lowered Diamondback Energy from a “hold” rating to a “sell” rating in a report on Saturday, December 27th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $185.90.

Diamondback Energy Stock Performance

NASDAQ:FANG opened at $174.01 on Thursday. The firm has a market capitalization of $49.83 billion, a PE ratio of 12.09 and a beta of 0.63. Diamondback Energy, Inc. has a 1 year low of $114.00 and a 1 year high of $174.17. The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 0.35. The firm’s fifty day simple moving average is $155.35 and its 200 day simple moving average is $148.34.

Insider Activity

In other Diamondback Energy news, Director Charles Alvin Meloy sold 60,605 shares of Diamondback Energy stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $161.12, for a total value of $9,764,677.60. Following the transaction, the director directly owned 982,006 shares of the company’s stock, valued at $158,220,806.72. The trade was a 5.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $162.88, for a total value of $162,880,000.00. Following the transaction, the insider owned 98,686,727 shares of the company’s stock, valued at approximately $16,074,094,093.76. This trade represents a 1.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,438,516 shares of company stock worth $225,026,921. 0.70% of the stock is currently owned by company insiders.

About Diamondback Energy

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.