Bokf Na Cuts Stake in Diamondback Energy, Inc. $FANG

Key Points

• Bokf Na cut its stake in Diamondback Energy by 25.8% in Q4, selling 7,763 shares and leaving it with 22,271 shares valued at about $3.35 million; overall, roughly 90% of the stock is held by hedge funds and institutional investors.
• Diamondback beat Q1 estimates (EPS $4.23 vs. $3.74; revenue $4.24B vs. $3.83B), raised full‑year production guidance, increased its quarterly dividend to $1.10 and reiterated buybacks, prompting several analysts to raise price targets and a consensus "Buy" rating (PT ~$215.70).
• Insiders have sold 156,464 shares (~$28.6M) over the past 90 days, and the stock's high valuation (P/E ~221) plus an extremely elevated dividend payout ratio (~488%) pose profit‑taking and dividend sustainability risks.

Bokf Na reduced its stake in shares of Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) by 25.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,271 shares of the oil and natural gas company's stock after selling 7,763 shares during the period. Bokf Na's holdings in Diamondback Energy were worth $3,348,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Commerzbank Aktiengesellschaft FI increased its position in 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 worth $1,814,000 after purchasing an additional 8,877 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings 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 acquiring an additional 10,289 shares in the last quarter. Moloney Securities Asset Management LLC acquired a new position in shares of Diamondback Energy during the 3rd quarter valued at $472,000. WoodTrust Financial Corp acquired a new position in shares of Diamondback Energy during the 3rd quarter valued at $1,624,000. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Diamondback Energy by 9.7% during the 3rd 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. 90.01% of the stock is currently owned by hedge funds and other institutional investors.

Diamondback Energy News Summary

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 Transactions at Diamondback Energy

In other Diamondback Energy news, CAO Teresa L. Dick sold 5,000 shares of the company's stock in a transaction that occurred on 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 in the company, valued at $20,473,450. This represents a 4.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven E. West sold 6,000 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $188.35, for a total value of $1,130,100.00. Following the completion of the transaction, the director owned 4,484 shares of the company's stock, valued at approximately $844,561.40. This represents a 57.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 156,464 shares of company stock worth $28,568,431 over the last 90 days. 0.64% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on FANG. Jefferies Financial Group restated a "hold" rating and set a $173.00 target price on shares of Diamondback Energy in a report on Monday, January 19th. Piper Sandler lifted their target price 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. Wells Fargo & Company lifted their target price on shares of Diamondback Energy from $202.00 to $262.00 and gave the company an "overweight" rating in a report on Monday, April 20th. Truist Financial set a $242.00 target price on shares of Diamondback Energy in a report on Wednesday. Finally, Roth Mkm restated a "neutral" rating and set a $205.00 target price on shares of Diamondback Energy in a report on Tuesday. Five equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Diamondback Energy presently has a consensus rating of "Buy" and a consensus price target of $215.70.

Diamondback Energy Stock Down 2.5%

NASDAQ FANG opened at $190.30 on Friday. The stock has a market cap of $53.53 billion, a PE ratio of 221.28 and a beta of 0.46. Diamondback Energy, Inc. has a fifty-two week low of $130.48 and a fifty-two week high of $214.51. The business has a 50 day moving average price of $188.80 and a two-hundred day moving average price of $165.63. The company has a quick ratio of 0.40, a current ratio of 0.56 and a debt-to-equity ratio of 0.31.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last released its quarterly earnings results on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share for the quarter, topping analysts' consensus estimates of $3.74 by $0.49. The firm had revenue of $4.24 billion during the quarter, compared to analysts' expectations of $3.83 billion. Diamondback Energy had a return on equity of 7.76% and a net margin of 1.87%.Diamondback Energy's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.54 EPS. As a group, sell-side analysts predict that Diamondback Energy, Inc. will post 18.86 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

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

About Diamondback Energy

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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