Meeder Advisory Services Inc. Takes Position in Diamondback Energy, Inc. $FANG

Meeder Advisory Services Inc. purchased a new position in shares of Diamondback Energy, Inc. (NASDAQ:FANG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,845 shares of the oil and natural gas company’s stock, valued at approximately $676,000.

A number of other large investors also recently modified their holdings of the company. Meeder Asset Management Inc. purchased a new stake in Diamondback Energy in the second quarter valued at approximately $28,000. Citizens Financial Group Inc. RI purchased a new position in Diamondback Energy during the 2nd quarter worth $569,000. Auxano Advisors LLC acquired a new position in Diamondback Energy in the second quarter valued at $660,000. BlackRock Inc. acquired a new position in Diamondback Energy in the second quarter valued at $3,303,362,000. Finally, Pallas Capital Advisors LLC acquired a new position in Diamondback Energy in the second quarter valued at $3,351,000. 90.01% of the stock is owned by hedge funds and other institutional investors.

Diamondback Energy News Summary

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

• Positive Sentiment: Record production and stronger outlook: Diamondback surpassed 1 million barrels of oil equivalent per day, reported record quarterly revenue and earnings, raised its guidance and doubled its share-repurchase authorization. The results reinforce the company’s growth profile and support the bullish analyst consensus. Diamondback Hits a Milestone at Just the Right Time
• Positive Sentiment: Energy-sector momentum: FANG was identified among energy stocks breaking out as the broader market focused on geopolitical developments involving Iran. Stronger energy prices or investor rotation into the sector can provide a near-term tailwind for Diamondback’s shares. Stock Market Today: Dow Falls on Trump’s Economic D-Day Threat
• Neutral Sentiment: Analyst rating unchanged: Morgan Stanley reaffirmed its “Equal Weight” rating and set a $216 price target, implying only modest upside from the referenced trading level. The target provides valuation support but does not represent a strong bullish revision. Morgan Stanley analyst coverage
• Neutral Sentiment: Pipeline investment story under review: Coverage of Diamondback’s Permian-to-Katy gas pipeline investment highlights how the project is changing the company’s longer-term investment narrative, though the supplied report does not provide specific financial changes or updated guidance. How Diamondback’s Permian-to-Katy Gas Pipeline Bet Has Changed Its Investment Story
• Negative Sentiment: Lower forward earnings estimates: Zacks Research cut its estimates for several future periods, including Q3 and Q4 2026, FY2026 and FY2027. Its FY2026 forecast fell to $16.52 per share from $18.11, while FY2027 declined to $14.95 from $16.42. Zacks maintained a “Hold” rating, signaling concerns about future earnings momentum despite the company’s recent results.

Insiders Place Their Bets

In related news, EVP Matt Zmigrosky sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $200.54, for a total value of $1,002,700.00. Following the completion of the sale, the executive vice president directly owned 46,392 shares in the company, valued at approximately $9,303,451.68. The trade was a 9.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Teresa L. Dick sold 7,000 shares of Diamondback Energy stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $200.90, for a total transaction of $1,406,300.00. Following the completion of the transaction, the chief accounting officer owned 85,755 shares in the company, valued at approximately $17,228,179.50. This trade represents a 7.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 129,167 shares of company stock valued at $24,714,309 in the last quarter. Corporate insiders own 0.64% of the company’s stock.

Diamondback Energy Trading Up 1.2%

Shares of FANG opened at $211.02 on Friday. The company has a current ratio of 0.47, a quick ratio of 0.45 and a debt-to-equity ratio of 0.25. The firm’s 50-day moving average is $191.42 and its two-hundred day moving average is $189.07. Diamondback Energy, Inc. has a twelve month low of $134.30 and a twelve month high of $216.90. The firm has a market capitalization of $59.09 billion, a P/E ratio of 41.13 and a beta of 0.43.

Diamondback Energy (NASDAQ:FANG) last issued its quarterly earnings data on Monday, August 3rd. The oil and natural gas company reported $6.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.08 by $0.40. The firm had revenue of $5.56 billion during the quarter, compared to analysts’ expectations of $4.89 billion. Diamondback Energy had a return on equity of 10.10% and a net margin of 8.58%.Diamondback Energy’s revenue was up 51.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.38 earnings per share. On average, research analysts predict that Diamondback Energy, Inc. will post 19.3 earnings per share for the current fiscal year.

Diamondback Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 13th were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Thursday, August 13th. Diamondback Energy’s dividend payout ratio (DPR) is presently 85.77%.

Analyst Ratings Changes

FANG has been the topic of a number of research reports. Truist Financial raised their price target on Diamondback Energy from $220.00 to $224.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Sanford C. Bernstein upped their price objective on Diamondback Energy from $237.00 to $241.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. Morgan Stanley reaffirmed an “equal weight” rating and set a $216.00 price objective on shares of Diamondback Energy in a research report on Wednesday. Jefferies Financial Group reiterated a “hold” rating and issued a $205.00 target price on shares of Diamondback Energy in a research note on Sunday, August 9th. Finally, Wolfe Research restated an “outperform” rating and set a $206.00 price target on shares of Diamondback Energy in a research note on Tuesday, August 4th. Four equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $222.21.

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.