Exchange Traded Concepts LLC Lowers Stock Position in Diamondback Energy, Inc. $FANG

Exchange Traded Concepts LLC reduced its position in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 57.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,565 shares of the oil and natural gas company’s stock after selling 3,485 shares during the period. Exchange Traded Concepts LLC’s holdings in Diamondback Energy were worth $386,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FANG. Pallas Capital Advisors LLC boosted its stake in shares of Diamondback Energy by 16.0% in the 4th quarter. Pallas Capital Advisors LLC now owns 24,781 shares of the oil and natural gas company’s stock worth $3,725,000 after buying an additional 3,418 shares during the last quarter. Net Worth Advisory Group grew its holdings in shares of Diamondback Energy by 23.4% in the fourth quarter. Net Worth Advisory Group now owns 4,649 shares of the oil and natural gas company’s stock valued at $699,000 after acquiring an additional 881 shares in the last quarter. Triangle Securities Wealth Management increased its position in shares of Diamondback Energy by 12.3% during the fourth quarter. Triangle Securities Wealth Management now owns 3,838 shares of the oil and natural gas company’s stock valued at $577,000 after acquiring an additional 420 shares during the last quarter. Norden Group LLC increased its position in shares of Diamondback Energy by 7.5% during the fourth quarter. Norden Group LLC now owns 2,219 shares of the oil and natural gas company’s stock valued at $334,000 after acquiring an additional 154 shares during the last quarter. Finally, Roberts Wealth Advisors LLC lifted its holdings in Diamondback Energy by 1.9% during the fourth quarter. Roberts Wealth Advisors LLC now owns 11,821 shares of the oil and natural gas company’s stock worth $1,777,000 after acquiring an additional 226 shares during the period. 90.01% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Diamondback Energy

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

• Positive Sentiment: Mizuho named Diamondback a “clear leader” in U.S. shale, driving a price jump on the endorsement and reinforcing investor confidence in FANG’s operational discipline and cash‑return potential. Diamondback Energy Stock (FANG) Jumps after Mizuho Analyst Calls It a ‘Clear Leader in U.S. Shale’
• Positive Sentiment: KeyBanc (and KeyCorp reports) raised FANG’s price target to $225 (from $196) and kept an Overweight/Upbeat view after resetting its oil price deck — a clear catalyst for buy‑side interest. Wall Street Upgrades Diamondback Energy as Oil Market Signals Buying Opportunity
• Positive Sentiment: Citigroup raised its price target to $230 (from $178) and kept a Buy rating, citing a higher oil outlook — another analyst upgrade supporting upside expectations. Diamondback Energy, Inc. (FANG) PT Increased at Citigroup on Higher Oil Price Outlook
• Positive Sentiment: Coverage highlights Diamondback’s production expansion in the Midland and Delaware basins and UBS called it a top non‑tech pick — operational execution + asset quality underpinning bullish analyst views. Diamondback Energy Inc (FANG) Expands Production in Midland and Delaware Basins
• Neutral Sentiment: Q4 earnings roundup pieces list Diamondback among shale E&P outperformers vs. peers — helpful context for relative performance but not a single new disclosure. Q4 Earnings Outperformers: Diamondback Energy (NASDAQ:FANG) And The Rest Of The U.S. Shale E&P Stocks
• Neutral Sentiment: Zacks and industry outlook notes highlight Diamondback among sector names to watch; useful for thematic interest but not an immediate price catalyst. Zacks Industry Outlook Highlights Diamondback, Permian, Chord and Magnolia Oil & Gas
• Negative Sentiment: Some coverage notes a sharp intraday rally on analyst endorsements followed by profit‑taking and crude weakness that trimmed gains — highlights near‑term volatility risk despite bullish research. Diamondback Energy (FANG) Stock Surges on Mizuho’s Top Pick Endorsement Before Pullback

Diamondback Energy Stock Performance

Shares of FANG stock opened at $193.88 on Monday. The firm’s 50 day moving average is $177.44 and its 200 day moving average is $158.03. The stock has a market capitalization of $54.54 billion, a P/E ratio of 34.56 and a beta of 0.50. Diamondback Energy, Inc. has a 12 month low of $114.00 and a 12 month high of $204.91. The company has a current ratio of 0.42, a quick ratio of 0.40 and a debt-to-equity ratio of 0.32.

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). The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.41 billion. Diamondback Energy had a net margin of 11.07% and a return on equity of 8.08%. The firm’s quarterly revenue was down 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.67 earnings per share. On average, sell-side analysts anticipate that Diamondback Energy, Inc. will post 15.49 earnings per share for the current year.

Diamondback Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th were given a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 2.2%. This is a boost from Diamondback Energy’s previous quarterly dividend of $1.00. The ex-dividend date was Thursday, March 5th. Diamondback Energy’s dividend payout ratio (DPR) is presently 74.87%.

Insider Activity at Diamondback Energy

In related news, CFO Jere W. Thompson III sold 750 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $182.47, for a total transaction of $136,852.50. Following the sale, the chief financial officer owned 19,975 shares of the company’s stock, valued at approximately $3,644,838.25. This represents a 3.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Teresa L. Dick sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $190.00, for a total value of $950,000.00. Following the completion of the transaction, the chief accounting officer owned 107,755 shares of the company’s stock, valued at approximately $20,473,450. This represents a 4.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,209,212 shares of company stock worth $199,689,401 in the last 90 days. 0.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on FANG shares. TD Cowen upgraded Diamondback Energy to a “strong-buy” rating in a research note on Monday, February 9th. Roth Mkm reiterated a “buy” rating and set a $180.00 target price on shares of Diamondback Energy in a research note on Tuesday, February 24th. Raymond James Financial boosted their price target on shares of Diamondback Energy from $210.00 to $240.00 and gave the stock a “strong-buy” rating in a report on Tuesday, March 17th. Sanford C. Bernstein reduced their price target on shares of Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Finally, Benchmark downgraded shares of Diamondback Energy from a “buy” rating to a “hold” rating in a report on Thursday, March 5th. Five equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $201.62.

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.