Swedbank AB Reduces Stock Holdings in Diamondback Energy, Inc. $FANG

Swedbank AB decreased its holdings in Diamondback Energy, Inc. (NASDAQ:FANG) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 202,735 shares of the oil and natural gas company’s stock after selling 6,760 shares during the quarter. Swedbank AB’s holdings in Diamondback Energy were worth $30,477,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FANG. Smead Capital Management Inc. purchased a new stake in Diamondback Energy in the second quarter worth $144,775,000. Capital Research Global Investors raised its holdings in Diamondback Energy by 38.0% in the third 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 purchasing an additional 1,046,398 shares in the last quarter. Balyasny Asset Management L.P. raised its holdings in Diamondback Energy by 2,637.8% in the third 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 purchasing an additional 440,005 shares in the last quarter. Two Sigma Investments LP raised its holdings in Diamondback Energy by 1,127.8% in the third quarter. Two Sigma Investments LP now owns 369,568 shares of the oil and natural gas company’s stock worth $52,885,000 after purchasing an additional 339,468 shares in the last quarter. Finally, Ninepoint Partners LP bought a new position in Diamondback Energy in the third quarter worth $45,076,000. Hedge funds and other institutional investors own 90.01% of the company’s stock.

Insider Activity

In other news, CAO Teresa L. Dick sold 5,000 shares of the firm’s 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 completion of the transaction, the chief accounting officer directly owned 107,755 shares in the company, valued at $20,473,450. This trade represents a 4.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Travis D. Stice sold 63,957 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $181.16, for a total value of $11,586,450.12. Following the transaction, the chairman owned 305,314 shares of the company’s stock, valued at $55,310,684.24. The trade was a 17.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 174,321 shares of company stock valued at $32,090,475. 0.64% of the stock is currently owned by insiders.

Diamondback Energy Price Performance

Shares of NASDAQ:FANG opened at $200.71 on Monday. Diamondback Energy, Inc. has a 1-year low of $133.75 and a 1-year high of $214.51. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.56 and a quick ratio of 0.55. The business has a fifty day moving average price of $194.16 and a 200-day moving average price of $170.09. The company has a market capitalization of $56.46 billion, a PE ratio of 233.39 and a beta of 0.46.

Diamondback Energy (NASDAQ:FANG) last issued its quarterly earnings results 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. Diamondback Energy had a return on equity of 7.76% and a net margin of 1.87%.The firm had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $3.83 billion. During the same period last year, the company earned $4.54 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. As a group, equities analysts expect that Diamondback Energy, Inc. will post 19.49 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on FANG shares. Freedom Capital upgraded Diamondback Energy to a “strong-buy” rating in a report on Tuesday, March 10th. The Goldman Sachs Group increased their price objective on Diamondback Energy from $187.00 to $212.00 and gave the stock a “buy” rating in a report on Wednesday, March 11th. Sanford C. Bernstein increased their price objective on Diamondback Energy from $237.00 to $241.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. TD Cowen upgraded Diamondback Energy to a “strong-buy” rating in a report on Monday, February 9th. Finally, Truist Financial set a $242.00 price objective on Diamondback Energy in a report on Wednesday, May 6th. Five investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $221.84.

Diamondback Energy News Summary

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

• Positive Sentiment: Oil prices remain elevated, which is helping Permian Basin producers like Diamondback Energy. One article noted that higher WTI and more gas production per barrel could be a tailwind for FANG’s revenue and cash flow. Article link
• Positive Sentiment: Broader energy coverage also highlighted Diamondback as a beneficiary if oil supply stays tight, with commentary suggesting U.S. energy stocks could continue to outperform as global reserves are drawn down. Article link
• Neutral Sentiment: Diamondback’s recent earnings beat and dividend increase continue to support the stock’s fundamental case, but these were already known from the company’s latest quarterly report and are not new catalysts.
• Negative Sentiment: Diamondback CAO Teresa L. Dick sold 5,000 shares at $207 each, which can weigh on investor sentiment because insider selling is often viewed cautiously. SEC Form 4 filing
• Negative Sentiment: Zacks Research trimmed several near- and medium-term earnings estimates for FANG, including Q2 2027, Q3 2027, Q1 2028 and FY2028, signaling somewhat softer expectations even though the firm kept a Strong-Buy rating. Zacks analyst note

Diamondback Energy 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.