Diamondback Energy (NASDAQ:FANG) Given New $220.00 Price Target at Mizuho

Diamondback Energy (NASDAQ:FANG) had its target price hoisted by Mizuho from $205.00 to $220.00 in a report published on Tuesday,Benzinga reports. The brokerage currently has an outperform rating on the oil and natural gas company’s stock.

A number of other equities research analysts also recently weighed in on FANG. Freedom Capital upgraded Diamondback Energy to a “strong-buy” rating in a report on Tuesday, March 10th. TD Cowen raised shares of Diamondback Energy to a “strong-buy” rating in a report on Monday, February 9th. UBS Group boosted their target price on shares of Diamondback Energy from $194.00 to $216.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Morgan Stanley reduced their price target on shares of Diamondback Energy from $183.00 to $171.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Finally, Wells Fargo & Company lifted their price target on shares of Diamondback Energy from $171.00 to $202.00 and gave the company an “overweight” rating in a report on Monday. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $195.43.

Diamondback Energy Price Performance

Shares of FANG stock opened at $187.22 on Tuesday. The firm has a fifty day moving average of $165.70 and a two-hundred day moving average of $153.02. The firm has a market cap of $52.66 billion, a P/E ratio of 33.37 and a beta of 0.59. Diamondback Energy has a 1-year low of $114.00 and a 1-year high of $188.73. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.42 and a quick ratio of 0.40.

Diamondback Energy (NASDAQ:FANG) last issued its earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.26). The company 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%. The business’s revenue for the quarter was down 9.0% compared to the same quarter last year. During the same quarter last year, the company posted $3.67 EPS. As a group, research analysts anticipate that Diamondback Energy will post 15.49 earnings per share for the current fiscal year.

Diamondback Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, March 5th were issued a dividend of $1.05 per share. The ex-dividend date was Thursday, March 5th. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. This represents a $4.20 dividend on an annualized basis and a yield of 2.2%. Diamondback Energy’s dividend payout ratio is 74.87%.

Insider Buying and Selling at Diamondback Energy

In other Diamondback Energy news, Director Charles Alvin Meloy sold 7,857 shares of Diamondback Energy stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $183.27, for a total value of $1,439,952.39. Following the completion of the sale, the director owned 974,149 shares in the company, valued at $178,532,287.23. The trade was a 0.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Albert Barkmann sold 4,000 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $182.90, for a total transaction of $731,600.00. Following the completion of the sale, the vice president directly owned 27,571 shares of the company’s stock, valued at $5,042,735.90. This represents a 12.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,194,111 shares of company stock worth $196,828,019 in the last ninety days. Insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On Diamondback Energy

Several institutional investors have recently made changes to their positions in FANG. Deseret Mutual Benefit Administrators increased its stake in Diamondback Energy by 31.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 274 shares of the oil and natural gas company’s stock worth $41,000 after acquiring an additional 66 shares during the period. Scotia Capital Inc. increased its position in shares of Diamondback Energy by 0.3% in the third quarter. Scotia Capital Inc. now owns 19,719 shares of the oil and natural gas company’s stock worth $2,822,000 after purchasing an additional 68 shares during the period. Equitable Trust Co. raised its stake in Diamondback Energy by 0.7% in the third quarter. Equitable Trust Co. now owns 10,030 shares of the oil and natural gas company’s stock valued at $1,435,000 after purchasing an additional 73 shares in the last quarter. Valeo Financial Advisors LLC raised its stake in Diamondback Energy by 3.0% in the third quarter. Valeo Financial Advisors LLC now owns 2,568 shares of the oil and natural gas company’s stock valued at $367,000 after purchasing an additional 74 shares in the last quarter. Finally, Townsend & Associates Inc lifted its position in Diamondback Energy by 0.5% during the fourth quarter. Townsend & Associates Inc now owns 14,330 shares of the oil and natural gas company’s stock worth $2,161,000 after purchasing an additional 75 shares during the period. 90.01% of the stock is currently owned by institutional investors.

Key Stories Impacting Diamondback Energy

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

• Positive Sentiment: Raymond James raised its price target to $240 and assigned a “strong‑buy” — a large upside signal that likely boosted investor demand. Raymond James PT Raise
• Positive Sentiment: Mizuho bumped its target to $220 and moved to “outperform,” reinforcing bullish analyst momentum across the stock. Mizuho PT Raise
• Positive Sentiment: Wells Fargo raised its target to $202 with an “overweight” rating — another vote of confidence from a large bank. Wells Fargo PT Raise
• Positive Sentiment: Barclays lifted its target to $190 and kept an “overweight” stance, adding to the cluster of price‑target increases. Barclays PT Raise
• Positive Sentiment: Press and research pieces name Diamondback as a way to play higher oil prices (Barron’s and Goldman Sachs roundup of energy picks), which supports sector‑driven buying. Barron’s: Underappreciated Energy Stocks
• Neutral Sentiment: Coverage noting peers (ConocoPhillips, EOG) outperforming on liquidity and leverage may shift relative positioning among large‑cap energy names but is not directly negative for Diamondback. BofA Peer Liquidity Note
• Negative Sentiment: EVP Matt Zmigrosky sold 20,899 shares at ~$180 (25.7% reduction in his holding) — a large insider sale that may concern some investors. SEC Filing — Zmigrosky
• Negative Sentiment: VP Albert Barkmann sold 4,000 shares at ~$182.90 (12.7% reduction), another insider disposition disclosed to the SEC. SEC Filing — Barkmann
• Negative Sentiment: CFO Jere W. Thompson III sold 750 shares at ~$182.47 (3.6% reduction), a smaller but still notable insider sale. SEC Filing — Thompson

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.