First Financial Bankshares Inc Has $329,000 Stake in Diamondback Energy, Inc. $FANG

First Financial Bankshares Inc trimmed its position in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 89.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,299 shares of the oil and natural gas company’s stock after selling 19,868 shares during the period. First Financial Bankshares Inc’s holdings in Diamondback Energy were worth $329,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in FANG. Smead Capital Management Inc. bought a new stake in Diamondback Energy during the 2nd quarter valued at approximately $144,775,000. Vanguard Group Inc. lifted its holdings in shares of Diamondback Energy by 1.7% during the second quarter. Vanguard Group Inc. now owns 23,325,287 shares of the oil and natural gas company’s stock worth $3,204,894,000 after buying an additional 388,512 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Diamondback Energy by 9.0% during the second quarter. Bank of New York Mellon Corp now owns 4,642,218 shares of the oil and natural gas company’s stock worth $637,841,000 after buying an additional 384,971 shares during the last quarter. American Century Companies Inc. boosted its position in shares of Diamondback Energy by 44.8% in the second quarter. American Century Companies Inc. now owns 985,844 shares of the oil and natural gas company’s stock valued at $135,456,000 after acquiring an additional 305,207 shares during the period. Finally, Apollo Management Holdings L.P. acquired a new stake in shares of Diamondback Energy in the second quarter worth $31,937,000. 90.01% of the stock is currently owned by institutional investors.

Diamondback Energy Stock Performance

NASDAQ FANG opened at $172.52 on Wednesday. Diamondback Energy, Inc. has a twelve month low of $114.00 and a twelve month high of $177.25. The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 0.35. The stock has a market cap of $49.41 billion, a P/E ratio of 30.75 and a beta of 0.63. The company’s 50-day simple moving average is $156.95 and its 200 day simple moving average is $149.22.

Diamondback Energy (NASDAQ:FANG) last released its quarterly earnings data on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). Diamondback Energy had a net margin of 11.07% and a return on equity of 8.06%. The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.41 billion. During the same period in the previous year, the firm posted $3.67 earnings per share. The firm’s revenue for the quarter was down 9.0% compared to the same quarter last year. As a group, research analysts forecast that Diamondback Energy, Inc. will post 15.49 earnings per share for the current fiscal year.

Diamondback Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, March 5th will be paid a $1.05 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $4.20 annualized dividend and a yield of 2.4%. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s payout ratio is presently 27.80%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wall Street Zen cut shares of Diamondback Energy from a “hold” rating to a “sell” rating in a research note on Saturday, December 27th. Weiss Ratings restated a “hold (c)” rating on shares of Diamondback Energy in a report on Monday, December 29th. Mizuho increased their target price on shares of Diamondback Energy from $194.00 to $205.00 and gave the company an “outperform” rating in a research note on Tuesday. Piper Sandler lifted their target price on Diamondback Energy from $215.00 to $218.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Finally, Benchmark reaffirmed a “buy” rating on shares of Diamondback Energy in a report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $187.33.

Insiders Place Their Bets

In other Diamondback Energy news, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the completion of the transaction, the insider directly owned 98,686,727 shares in the company, valued at $16,074,094,093.76. This represents a 1.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Charles Alvin Meloy sold 60,605 shares of Diamondback Energy stock in a transaction on Tuesday, February 3rd. The shares were 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 approximately $158,220,806.72. The trade was a 5.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,438,516 shares of company stock worth $225,026,921 over the last quarter. Company insiders own 0.48% of the company’s stock.

Diamondback Energy News Summary

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

• Positive Sentiment: Diamondback raised its quarterly dividend 5% to $1.05 (annualized yield ~2.5%) after reporting roughly $5.9 billion of free cash flow for 2025, reinforcing shareholder returns and signaling cash-flow strength. Article Title
• Positive Sentiment: Analyst support: Siebert Williams Shank maintained a Buy and $190 price target, reflecting upside expectations from Barnett/Woodford exposure and execution. Analyst optimism can limit downside and attract buyers. Article Title
• Positive Sentiment: Management says demand is resilient and plans disciplined 2026 production (roughly flat vs. Q4/2025) while expanding gas takeaway and keeping buybacks ($2.3B remaining authorization), which supports margins and long‑term FCF upside if oil rises. Article Title
• Neutral Sentiment: Topline was roughly in line/ modestly positive: Q4 revenue came in around $3.38B (near estimates) and operating cash flow remained strong — mixed operational signals that temper the earnings miss. Article Title
• Neutral Sentiment: Full Q4 earnings call transcript and slide deck are available for details on non‑GAAP adjustments and scenario analysis — useful for investors parsing the large GAAP loss vs. adjusted results. Article Title
• Negative Sentiment: Q4 adjusted EPS missed expectations ($1.74 vs. ~$2.00 consensus) and GAAP results included large non‑recurring charges (GAAP loss per share reported), which triggered the immediate sell reaction and increased near‑term uncertainty. Article Title
• Negative Sentiment: Management’s cautious 2026 production guidance (flat volumes) and noticeable insider selling reported in filings/news add to near‑term pressure: cautious guidance caps upside while insider sales can weigh on sentiment. Article Title

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.