Aberdeen Group plc Sells 2,822 Shares of Diamondback Energy, Inc. $FANG

Aberdeen Group plc trimmed its stake in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,685 shares of the oil and natural gas company’s stock after selling 2,822 shares during the quarter. Aberdeen Group plc’s holdings in Diamondback Energy were worth $14,234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Commerzbank Aktiengesellschaft FI raised its stake in shares of Diamondback Energy by 233.9% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 12,673 shares of the oil and natural gas company’s stock valued at $1,814,000 after acquiring an additional 8,877 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Diamondback Energy by 9.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 117,733 shares of the oil and natural gas company’s stock valued at $16,848,000 after acquiring an additional 10,289 shares in the last quarter. Moloney Securities Asset Management LLC bought a new stake in Diamondback Energy in the third quarter valued at $472,000. Massachusetts Financial Services Co. MA boosted its holdings in Diamondback Energy by 9.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,385,428 shares of the oil and natural gas company’s stock valued at $198,255,000 after acquiring an additional 122,921 shares in the last quarter. Finally, WoodTrust Financial Corp bought a new stake in Diamondback Energy in the third quarter valued at $1,624,000. 90.01% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on FANG shares. The Goldman Sachs Group lifted their price target on shares of Diamondback Energy from $187.00 to $212.00 and gave the company a “buy” rating in a report on Wednesday, March 11th. Piper Sandler lifted their price target on shares of Diamondback Energy from $215.00 to $248.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Sanford C. Bernstein cut their price target on shares of Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Mizuho lifted their price target on shares of Diamondback Energy from $205.00 to $220.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Finally, Morgan Stanley increased their target price on Diamondback Energy from $171.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, March 27th. Five analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $201.62.

Insider Activity

In other news, Director Steven E. West sold 6,000 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $188.35, for a total transaction of $1,130,100.00. Following the completion of the transaction, the director directly owned 4,484 shares in the company, valued at $844,561.40. This trade represents a 57.23% 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, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $162.88, for a total value of $162,880,000.00. Following the transaction, the insider owned 98,686,727 shares of the company’s stock, valued at $16,074,094,093.76. The trade was a 1.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,209,212 shares of company stock valued at $199,689,401. 0.70% of the stock is currently owned by insiders.

Diamondback Energy Trading Up 0.6%

NASDAQ:FANG opened at $195.50 on Wednesday. Diamondback Energy, Inc. has a one year low of $114.00 and a one year high of $204.91. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.42 and a quick ratio of 0.40. The company’s 50-day simple moving average is $178.98 and its 200 day simple moving average is $158.80. The firm has a market capitalization of $54.99 billion, a P/E ratio of 34.85 and a beta of 0.50.

Diamondback Energy (NASDAQ:FANG) last posted 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 8.08%. The company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.41 billion. During the same period last year, the business earned $3.67 EPS. The firm’s quarterly revenue was down 9.0% on a year-over-year basis. As a group, analysts forecast that Diamondback Energy, Inc. will post 15.49 EPS for the current fiscal 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 issued a dividend of $1.05 per share. The ex-dividend date was Thursday, March 5th. This is a boost from Diamondback Energy’s previous quarterly dividend of $1.00. This represents a $4.20 annualized dividend and a dividend yield of 2.1%. Diamondback Energy’s dividend payout ratio is 74.87%.

Diamondback Energy News Roundup

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

• Positive Sentiment: KeyCorp sharply raised earnings forecasts across multiple quarters and years and reiterated an “Overweight” rating with a $225 price target — notable lifts include FY2026 EPS raised to $20.74 (from $13.24) and FY2027 to $19.53. These upgrades signal stronger near‑term cash‑flow and earnings expectations that support upside to the stock.
• Neutral Sentiment: Diamondback launched tender offers to repurchase outstanding 4.400% notes due 2051 and 4.250% notes due 2052 — an active debt-management step that can lower long-dated interest exposure if executed, but impact depends on participation and financing. Tender Offer Announcement
• Neutral Sentiment: Recent coverage highlights why FANG has gained ~56% over the past year — low-cost Permian operations, high-recovery assets and strong free cash flow — but also flags rising operating costs, leverage and reserve revisions as material risks for investors. Useful for balanced context. Diamondback Energy Gains 56% — Yahoo
• Negative Sentiment: An 11 million-share secondary sale by the largest shareholder (about $1.9B) expanded the public float without company issuance — increases share supply and can apply near-term downward pressure on the stock despite no dilution to existing shareholders. Float Expands — Yahoo

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.