Resona Asset Management Co. Ltd. Has $8.36 Million Position in Diamondback Energy, Inc. $FANG

Resona Asset Management Co. Ltd. lowered its stake in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,727 shares of the oil and natural gas company’s stock after selling 3,270 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Diamondback Energy were worth $8,360,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Flagship Harbor Advisors LLC acquired a new stake in Diamondback Energy during the fourth quarter worth approximately $25,000. Laurel Wealth Advisors LLC acquired a new stake in Diamondback Energy during the fourth quarter worth approximately $26,000. Richardson Financial Services Inc. grew its position in Diamondback Energy by 245.1% during the fourth quarter. Richardson Financial Services Inc. now owns 176 shares of the oil and natural gas company’s stock worth $26,000 after buying an additional 125 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in Diamondback Energy during the third quarter worth approximately $26,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in Diamondback Energy during the third quarter worth approximately $38,000. Institutional investors and hedge funds own 90.01% of the company’s stock.

Diamondback Energy Stock Performance

NASDAQ:FANG opened at $200.97 on Friday. The stock’s 50-day simple moving average is $193.68 and its 200 day simple moving average is $169.68. The firm has a market capitalization of $56.53 billion, a PE ratio of 233.69 and a beta of 0.46. The company has a quick ratio of 0.55, a current ratio of 0.56 and a debt-to-equity ratio of 0.31. Diamondback Energy, Inc. has a twelve month low of $132.20 and a twelve month high of $214.51.

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 for the quarter, beating the consensus estimate of $3.74 by $0.49. The business had revenue of $4.24 billion for the quarter, compared to analyst estimates of $3.83 billion. Diamondback Energy had a return on equity of 7.76% and a net margin of 1.87%.Diamondback Energy’s revenue was up 4.7% compared to the same quarter last year. During the same period last year, the firm posted $4.54 earnings per share. On average, analysts anticipate that Diamondback Energy, Inc. will post 19.08 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Investors of record on Thursday, May 14th were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 2.2%. This is a boost from Diamondback Energy’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend was Thursday, May 14th. Diamondback Energy’s payout ratio is 511.63%.

Insider Activity at Diamondback Energy

In related news, Director Steven E. West sold 6,000 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $188.35, for a total transaction of $1,130,100.00. Following the sale, the director owned 4,484 shares of the company’s stock, valued at $844,561.40. This trade represents a 57.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Matt Zmigrosky sold 5,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $200.10, for a total value of $1,000,500.00. Following the sale, the executive vice president directly owned 51,392 shares in the company, valued at approximately $10,283,539.20. This trade represents a 8.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 174,321 shares of company stock worth $32,090,475 over the last 90 days. 0.64% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on FANG shares. TD Cowen raised Diamondback Energy to a “strong-buy” rating in a research report on Monday, February 9th. UBS Group boosted their target price on shares of Diamondback Energy from $240.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Zacks Research upgraded shares of Diamondback Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. The Goldman Sachs Group boosted their target price on shares of Diamondback Energy from $187.00 to $212.00 and gave the company a “buy” rating in a research report on Wednesday, March 11th. Finally, Susquehanna boosted their target price on shares of Diamondback Energy from $231.00 to $245.00 and gave the company a “positive” rating in a research report on Wednesday, May 6th. Five analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $219.00.

Diamondback Energy News Summary

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

• Positive Sentiment: Zacks Research maintained a Strong-Buy rating and raised several near- to medium-term earnings estimates for Diamondback, including FY2026, Q2 2026, Q3 2026, Q4 2026 and FY2027. This suggests analysts still see solid profitability ahead. Zacks Research estimate updates
• Positive Sentiment: Bernstein reiterated an Outperform rating and lifted its price target on Diamondback, reinforcing the view that the company can benefit from ongoing oil supply concerns and favorable crude pricing. Bernstein Outperform note
• Neutral Sentiment: News flow also highlighted that WTI crude remains above $100, which supports Permian Basin producers like Diamondback Energy, but this is more of an industry tailwind than a company-specific catalyst. Oil above $100 article
• Negative Sentiment: Diamondback’s CAO, Teresa L. Dick, sold 5,000 shares at about $207 each, a modest insider sale that can weigh on sentiment even if it does not necessarily signal a change in fundamentals. SEC insider filing
• Negative Sentiment: Zacks also trimmed some longer-dated earnings forecasts, including Q1 2028, Q2 2027, Q3 2027 and FY2028, which may have contributed to a cautious tone around future growth. Zacks lower estimate updates

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.