Diamondback Energy, Inc. $FANG Shares Sold by Barclays PLC

Key Points

• Barclays PLC trimmed its stake in Diamondback by 7.3%, selling 51,142 shares and finishing the quarter with 653,493 shares worth $93.5M.
• Diamondback missed quarterly expectations with $1.74 EPS versus $2.00 expected and revenue down 9% year-over-year, though analysts maintain a consensus “Moderate Buy” with an average price target of $189.
• The company raised its quarterly dividend to $1.05 ($4.20 annualized) (ex-dividend March 5), while insiders—including Fang Holdings LP and a director—sold large blocks of shares totaling over $172M combined.

Barclays PLC decreased its holdings in shares of Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) by 7.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 653,493 shares of the oil and natural gas company's stock after selling 51,142 shares during the quarter. Barclays PLC owned about 0.23% of Diamondback Energy worth $93,515,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Smead Capital Management Inc. acquired a new position in Diamondback Energy during the second quarter worth $144,775,000. Vanguard Group Inc. grew its stake in shares of Diamondback Energy by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 23,325,287 shares of the oil and natural gas company's stock valued at $3,204,894,000 after buying an additional 388,512 shares during the period. Ninepoint Partners LP purchased a new stake in shares of Diamondback Energy in the 3rd quarter valued at approximately $45,076,000. American Century Companies Inc. increased its holdings in shares of Diamondback Energy by 44.8% during the 2nd quarter. American Century Companies Inc. now owns 985,844 shares of the oil and natural gas company's stock worth $135,456,000 after buying an additional 305,207 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Diamondback Energy by 27.9% during the 3rd quarter. Victory Capital Management Inc. now owns 1,265,959 shares of the oil and natural gas company's stock worth $181,159,000 after buying an additional 276,394 shares during the last quarter. 90.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FANG. Wells Fargo & Company increased their price objective on Diamondback Energy from $169.00 to $171.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 27th. Sanford C. Bernstein decreased their price target on Diamondback Energy from $199.00 to $190.00 and set an "outperform" rating on the stock in a research note on Monday, January 5th. Jefferies Financial Group reiterated a "hold" rating and set a $173.00 price target on shares of Diamondback Energy in a report on Monday, January 19th. Wall Street Zen downgraded Diamondback Energy from a "hold" rating to a "sell" rating in a research report on Saturday, December 27th. Finally, UBS Group boosted their price objective on shares of Diamondback Energy from $194.00 to $216.00 and gave the company a "buy" rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $189.00.

Diamondback Energy Stock Up 0.8%

Shares of NASDAQ:FANG opened at $180.54 on Monday. 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 firm has a market capitalization of $50.93 billion, a PE ratio of 32.18 and a beta of 0.59. The firm's 50-day moving average is $161.25 and its two-hundred day moving average is $151.25. Diamondback Energy, Inc. has a 1 year low of $114.00 and a 1 year high of $183.36.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last posted its quarterly earnings data on Monday, February 23rd. The oil and natural gas company reported $1.74 EPS for the quarter, missing the consensus estimate of $2.00 by ($0.26). Diamondback Energy had a net margin of 11.07% and a return on equity of 8.08%. The business had revenue of $3.38 billion during the quarter, compared to analysts' expectations of $3.41 billion. During the same period in the previous year, the business posted $3.67 EPS. The company's revenue for the quarter was down 9.0% compared to the same quarter last year. Analysts predict that Diamondback Energy, Inc. will post 15.49 EPS for the current year.

Diamondback Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Thursday, March 5th. This is a boost from Diamondback Energy's previous quarterly dividend of $1.00. Diamondback Energy's dividend payout ratio (DPR) is 74.87%.

Diamondback Energy News Roundup

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

• Positive Sentiment: Piper Sandler kept an “overweight” rating on FANG and trimmed its price target only slightly (from $218 to $215), signalling continued conviction in upside. Piper Sandler price target note
• Positive Sentiment: UBS raised its price target substantially (to $216) and maintained a “buy” rating, providing another bullish analyst signal that supports further upside. UBS price target raise
• Positive Sentiment: TD Cowen reiterated a Buy rating with a $195 target, citing disciplined growth, expanding inventory and low breakevens — supportive fundamentals for investors focusing on cash returns and resilience. TD Cowen buy rating
• Positive Sentiment: Market write-ups highlight FANG as one of the energy stocks leading this year’s rally (LNG/export tailwinds and shareholder-friendly cost structures cited), which may attract momentum buyers. Benzinga rally piece
• Positive Sentiment: Zacks highlights FANG among names to watch as WTI moves above $75, indicating commodity-driven upside potential for upstream producers. Zacks oil price note
• Neutral Sentiment: A short-interest report in the feed appears unreliable (shows zero shares / NaN change), so there’s no clear evidence of a new short squeeze or mounting short pressure to impact the stock today.
• Negative Sentiment: Benchmark Co. downgraded Diamondback from “buy” to “hold,” removing one bullish endorsement and likely contributing to investor caution despite other positive notes. Benchmark downgrade
• Negative Sentiment: Coverage pieces (Barron’s) note that some energy names are being downgraded even as oil rallies, a theme that can cap multiple-stock rallies and temper enthusiasm for big rerating moves. Barron's sector downgrade piece

Insider Activity

In other news, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of Diamondback Energy stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the completion of the sale, the insider directly owned 98,686,727 shares of the company's stock, valued at approximately $16,074,094,093.76. The trade was a 1.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Charles Alvin Meloy sold 60,605 shares of the business's stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $161.12, for a total transaction of $9,764,677.60. Following the transaction, the director owned 982,006 shares of the company's stock, valued at approximately $158,220,806.72. The trade was a 5.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.48% of the company's stock.

Diamondback Energy Company 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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