Benjamin Edwards Inc. Has $1.12 Million Stock Holdings in Diamondback Energy, Inc. $FANG

Key Points

• Benjamin Edwards Inc. cut its stake in Diamondback Energy by 46.5% in Q4, selling 6,455 shares and now holds 7,413 shares worth about $1.12 million.
• Diamondback beat Q1 estimates (EPS $4.23 vs. $3.74; revenue $4.24B vs. $3.83B), raised production guidance, boosted the quarterly dividend to $1.10 (annualized $4.40, 2.3% yield) and has seen analysts lift targets to leave a consensus "Buy" rating with a $215.70 target.
• Large insider selling occurred recently — Chairman Travis Stice sold 63,957 shares and other insiders sold a total of 156,464 shares (~$28.6M) over 90 days — amid an elevated valuation (P/E ~221) that creates profit‑taking risk.

Benjamin Edwards Inc. decreased its stake in Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) by 46.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,413 shares of the oil and natural gas company's stock after selling 6,455 shares during the period. Benjamin Edwards Inc.'s holdings in Diamondback Energy were worth $1,115,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Commerzbank Aktiengesellschaft FI boosted its position in shares of Diamondback Energy by 233.9% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 12,673 shares of the oil and natural gas company's stock valued at $1,814,000 after purchasing an additional 8,877 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Diamondback Energy by 9.6% during the 3rd 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 purchasing an additional 10,289 shares in the last quarter. Moloney Securities Asset Management LLC bought a new position in Diamondback Energy in the third quarter worth approximately $472,000. WoodTrust Financial Corp bought a new position in Diamondback Energy in the third quarter worth approximately $1,624,000. Finally, 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 worth $198,255,000 after acquiring an additional 122,921 shares in the last quarter. Institutional investors own 90.01% of the company's stock.

Diamondback Energy Stock Down 2.5%

FANG stock opened at $190.30 on Friday. Diamondback Energy, Inc. has a twelve month low of $130.48 and a twelve month high of $214.51. The company has a quick ratio of 0.40, a current ratio of 0.56 and a debt-to-equity ratio of 0.31. The stock's 50 day moving average is $188.80 and its 200-day moving average is $165.63. The firm has a market capitalization of $53.53 billion, a PE ratio of 221.28 and a beta of 0.46.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last posted its earnings results on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share for the quarter, beating analysts' consensus estimates of $3.74 by $0.49. Diamondback Energy had a return on equity of 7.76% and a net margin of 1.87%.The company had revenue of $4.24 billion for the quarter, compared to analyst estimates of $3.83 billion. During the same quarter last year, the company earned $4.54 earnings per share. The company's revenue for the quarter was up 4.7% on a year-over-year basis. Sell-side analysts expect that Diamondback Energy, Inc. will post 18.86 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th will be issued a $1.10 dividend. This is a boost from Diamondback Energy's previous quarterly dividend of $1.05. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Thursday, May 14th. Diamondback Energy's dividend payout ratio is 488.37%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on FANG shares. The Goldman Sachs Group increased their price target on Diamondback Energy from $187.00 to $212.00 and gave the stock a "buy" rating in a report on Wednesday, March 11th. Benchmark lowered Diamondback Energy from a "buy" rating to a "hold" rating in a report on Thursday, March 5th. Morgan Stanley increased their price target on Diamondback Energy from $220.00 to $224.00 and gave the stock an "overweight" rating in a report on Friday, April 17th. TD Cowen upgraded Diamondback Energy to a "strong-buy" rating in a report on Monday, February 9th. Finally, Wells Fargo & Company increased their price target on Diamondback Energy from $202.00 to $262.00 and gave the stock an "overweight" rating in a report on Monday, April 20th. Five research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $215.70.

Key Diamondback Energy News

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

• Positive Sentiment: Q1 beat, higher guidance and shareholder returns — Diamondback reported Q1 EPS and revenue above estimates, raised full‑year oil production guidance, increased its dividend and reiterated buybacks, which supports earnings power and cash return to shareholders. Read More.
• Positive Sentiment: Barclays raised its price target to $225 and kept an Overweight rating, citing better‑than‑expected production results — a clear analyst endorsement that can support upside. Read More.
• Positive Sentiment: Susquehanna increased its price target to $245 and moved to a positive rating (largest upside among recent notes), adding further analyst conviction. Read More.
• Positive Sentiment: Earnings estimate revisions are moving higher — analysts (Zacks and others) are lifting forward estimates after the beat, which can support multiple expansion or higher target revisions. Read More.
• Neutral Sentiment: Management signals disciplined growth but may pursue expansion if oil prices stay elevated — RBC frames growth as conditional on macro oil strength, so future capital allocation could shift depending on the commodity cycle. Read More.
• Neutral Sentiment: Earnings call emphasized “disciplined growth ahead” — positive tone, but execution and pacing of any growth program will be watched closely by the market. Read More.
• Negative Sentiment: High valuation and recent strong run create profit‑taking risk — FANG’s P/E is elevated and the stock had large YTD gains, so some investors are trimming positions despite positive news.
• Negative Sentiment: Operational/financial metrics that may concern some holders: year‑over‑year EPS was slightly lower than last year, and liquidity ratios and net margin remain modest — these factors can temper enthusiasm despite the beat and buybacks.

Insider Buying and Selling

In related news, Chairman Travis D. Stice sold 63,957 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $181.16, for a total transaction of $11,586,450.12. Following the completion of the sale, the chairman directly owned 305,314 shares of the company's stock, valued at approximately $55,310,684.24. This trade represents a 17.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Matt Zmigrosky sold 20,899 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $180.00, for a total value of $3,761,820.00. Following the sale, the executive vice president directly owned 60,493 shares of the company's stock, valued at $10,888,740. The trade was a 25.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 156,464 shares of company stock valued at $28,568,431. 0.64% of the stock is currently owned by company insiders.

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.

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