Deutsche Bank AG Buys Shares of 879,697 Diamondback Energy, Inc. $FANG

Deutsche Bank AG purchased a new position in shares of Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 879,697 shares of the oil and natural gas company's stock, valued at approximately $154,633,000. Deutsche Bank AG owned about 0.31% of Diamondback Energy as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Laurel Wealth Advisors LLC bought a new stake in shares of Diamondback Energy in the 4th quarter valued at $26,000. Cedar Mountain Advisors LLC bought a new position in Diamondback Energy during the first quarter worth $26,000. JPL Wealth Management LLC bought a new position in Diamondback Energy during the third quarter worth $26,000. Wellington Shields & Co. LLC lifted its holdings in Diamondback Energy by 264.7% in the fourth quarter. Wellington Shields & Co. LLC now owns 186 shares of the oil and natural gas company's stock valued at $28,000 after buying an additional 135 shares during the period. Finally, Lloyd Advisory Services LLC. acquired a new position in Diamondback Energy in the fourth quarter valued at $31,000. Institutional investors and hedge funds own 90.01% of the company's stock.

More Diamondback Energy News

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

• Positive Sentiment: Morgan Stanley reaffirmed its Equal Weight rating but raised or maintained a $216 price target, implying modest upside from the referenced price. The target provides some support, though the neutral rating limits the bullish signal. Morgan Stanley rating report
• Positive Sentiment: Zacks Research increased its FY2028 EPS forecast to $15.37 from $14.83, suggesting potential longer-term earnings improvement. Diamondback Energy valuation and pipeline venture article
• Neutral Sentiment: Analysts continue to rate FANG Hold or Equal Weight, indicating neither a strong bullish nor bearish consensus. Diamondback’s Permian-to-Katy gas pipeline strategy and participation in the Solitude Pipeline venture could broaden its midstream exposure, but the investment benefits remain dependent on execution and future cash flows. Diamondback Permian-to-Katy gas pipeline article
• Negative Sentiment: Zacks Research cut several near- and medium-term forecasts: Q3 2026 EPS to $2.70 from $4.32, Q4 2026 to $3.11 from $4.19, FY2026 to $16.52 from $18.11, FY2027 to $14.95 from $16.42, Q4 2027 to $3.08 from $3.87, and Q1 2028 to $3.12 from $3.57. Additional reductions affected Q2 and Q3 2027 estimates. These revisions outweigh the isolated FY2028 increase and are likely pressuring the stock.

Insider Transactions at Diamondback Energy

In other Diamondback Energy news, Director Charles Alvin Meloy sold 83,334 shares of the firm's stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $187.12, for a total value of $15,593,458.08. Following the completion of the sale, the director owned 851,530 shares of the company's stock, valued at approximately $159,338,293.60. This trade represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Matt Zmigrosky sold 5,000 shares of the business's stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $200.54, for a total value of $1,002,700.00. Following the sale, the executive vice president owned 46,392 shares of the company's stock, valued at approximately $9,303,451.68. This represents a 9.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 129,167 shares of company stock valued at $24,714,309 in the last 90 days. Corporate insiders own 0.64% of the company's stock.

Diamondback Energy Trading Down 0.7%

FANG opened at $208.55 on Thursday. The company has a fifty day moving average price of $191.03 and a two-hundred day moving average price of $188.74. Diamondback Energy, Inc. has a 1-year low of $134.30 and a 1-year high of $214.51. The company has a market cap of $58.40 billion, a P/E ratio of 40.65 and a beta of 0.43. The company has a current ratio of 0.47, a quick ratio of 0.45 and a debt-to-equity ratio of 0.25.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The oil and natural gas company reported $6.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.08 by $0.40. The company had revenue of $5.56 billion for the quarter, compared to analysts' expectations of $4.89 billion. Diamondback Energy had a net margin of 8.58% and a return on equity of 10.10%. The business's revenue was up 51.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.38 EPS. Analysts predict that Diamondback Energy, Inc. will post 19.3 EPS for the current fiscal year.

Diamondback Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 13th will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, August 13th. Diamondback Energy's dividend payout ratio is 85.77%.

Analyst Upgrades and Downgrades

FANG has been the subject of a number of recent analyst reports. Susquehanna increased their price target on Diamondback Energy from $245.00 to $255.00 and gave the stock a "positive" rating in a report on Tuesday, July 21st. Wall Street Zen raised Diamondback Energy from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. UBS Group cut their target price on Diamondback Energy from $246.00 to $243.00 and set a "buy" rating on the stock in a research report on Tuesday, July 21st. Roth Capital set a $212.00 target price on Diamondback Energy and gave the company a "buy" rating in a research report on Monday, June 22nd. Finally, Scotiabank raised their target price on Diamondback Energy from $175.00 to $195.00 and gave the stock a "sector outperform" rating in a research note on Wednesday, April 22nd. Four investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, Diamondback Energy currently has an average rating of "Moderate Buy" and an average target price of $222.21.

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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