Woodmont Investment Counsel LLC Purchases 4,278 Shares of Diamondback Energy, Inc. $FANG

Woodmont Investment Counsel LLC grew its position in Diamondback Energy, Inc. (NASDAQ:FANG) by 9.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 51,595 shares of the oil and natural gas company’s stock after buying an additional 4,278 shares during the period. Woodmont Investment Counsel LLC’s holdings in Diamondback Energy were worth $7,756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of FANG. Smead Capital Management Inc. bought a new stake in shares of Diamondback Energy during the 2nd quarter worth about $144,775,000. Capital Research Global Investors boosted its holdings in shares of Diamondback Energy by 38.0% during the 3rd quarter. Capital Research Global Investors now owns 3,798,812 shares of the oil and natural gas company’s stock worth $543,610,000 after buying an additional 1,046,398 shares during the period. Balyasny Asset Management L.P. boosted its holdings in shares of Diamondback Energy by 2,637.8% during the 3rd quarter. Balyasny Asset Management L.P. now owns 456,686 shares of the oil and natural gas company’s stock worth $65,352,000 after buying an additional 440,005 shares during the period. Two Sigma Investments LP boosted its holdings in shares of Diamondback Energy by 1,127.8% during the 3rd quarter. Two Sigma Investments LP now owns 369,568 shares of the oil and natural gas company’s stock worth $52,885,000 after buying an additional 339,468 shares during the period. Finally, Ninepoint Partners LP bought a new stake in shares of Diamondback Energy during the 3rd quarter worth about $45,076,000. Institutional investors own 90.01% of the company’s stock.

Diamondback Energy Price Performance

Shares of NASDAQ:FANG opened at $186.47 on Thursday. The firm has a 50 day moving average of $179.51 and a 200-day moving average of $159.00. The stock has a market capitalization of $52.45 billion, a PE ratio of 33.24 and a beta of 0.50. The company has a current ratio of 0.42, a quick ratio of 0.40 and a debt-to-equity ratio of 0.32. Diamondback Energy, Inc. has a 12 month low of $114.00 and a 12 month high of $204.91.

Diamondback Energy (NASDAQ:FANG) last issued its earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 EPS for the quarter, missing the consensus estimate of $2.00 by ($0.26). The firm had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.41 billion. Diamondback Energy had a net margin of 11.07% and a return on equity of 8.08%. Diamondback Energy’s quarterly revenue was down 9.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.67 earnings per share. On average, equities research analysts predict that Diamondback Energy, Inc. will post 15.49 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, March 5th were given a dividend of $1.05 per share. The ex-dividend date was Thursday, March 5th. This represents a $4.20 dividend on an annualized basis and a yield of 2.3%. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s dividend payout ratio is presently 74.87%.

Insider Transactions at Diamondback Energy

In other Diamondback Energy news, 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 shares were sold at an average price of $162.88, for a total value of $162,880,000.00. Following the completion of the transaction, the insider directly owned 98,686,727 shares in the company, valued at approximately $16,074,094,093.76. This represents a 1.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Travis D. Stice sold 63,957 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $181.16, for a total transaction of $11,586,450.12. Following the completion of the transaction, the chairman owned 305,314 shares of the company’s stock, valued at approximately $55,310,684.24. This trade represents a 17.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,217,069 shares of company stock valued at $201,213,109. 0.70% of the stock is currently owned by corporate insiders.

Trending Headlines about Diamondback Energy

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

• Positive Sentiment: KeyCorp/KeyBanc materially raised EPS forecasts and reiterated an Overweight/Buy view with a $225 target — this lifts forward earnings expectations and supports valuation upside. KeyCorp Increases Earnings Estimates for Diamondback Energy
• Positive Sentiment: Diamondback launched tender offers for long‑term notes — proactive liability management that can reduce refinancing risk and support credit metrics if executions are favorable. Diamondback Energy Launches Tender Offers for Long-Term Notes
• Neutral Sentiment: Roth MKM (coverage reported) reiterated coverage while adjusting its target — a mixed/neutral signal because target changes were modest relative to the recent rally. Roth MKM Keeps Their Buy Rating on Diamondback
• Neutral Sentiment: Director sale disclosed under a pre‑arranged 10b5‑1 plan — notable dollar amount but routine execution under a plan, so watch for further insider activity but treat as neutral for now. SEC Form 4 Filing
• Negative Sentiment: WTI/Brent plunged after a conditional Iran ceasefire reduced geopolitical risk — the oil move is the primary immediate reason energy stocks, including Diamondback, are being sold. US Equity Indexes Surge, Crude Oil Plummets
• Negative Sentiment: Broad, sector‑wide declines in major oil names (Exxon, Chevron, Occidental) amplified risk‑off flows in energy—this spillover pressured mid‑caps and exploration names like FANG. Exxon Mobil Stock Is Falling. Why Energy Is Going From Record Gains to a Major Slump.
• Negative Sentiment: Roth Capital (coverage reported) moved to downgrade — adds to short‑term negative sentiment and headline pressure. Roth Capital downgrades Diamondback Energy (FANG)
• Negative Sentiment: Multiple media pieces highlighting FANG’s intraday decline are reinforcing selling momentum and may pressure liquidity/short‑term performance. Diamondback Energy (FANG) Stock Sinks As Market Gains

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on FANG. TD Cowen upgraded shares of Diamondback Energy to a “strong-buy” rating in a research note on Monday, February 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Diamondback Energy in a research note on Monday, December 29th. Wells Fargo & Company lifted their price objective on shares of Diamondback Energy from $171.00 to $202.00 and gave the stock an “overweight” rating in a research note on Monday, March 16th. Raymond James Financial lifted their price objective on shares of Diamondback Energy from $210.00 to $240.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, March 17th. Finally, Piper Sandler lifted their price objective on shares of Diamondback Energy from $215.00 to $248.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Five analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Diamondback Energy currently has an average rating of “Buy” and an average price target of $202.57.

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.