Holocene Advisors LP Buys 209,731 Shares of Diamondback Energy, Inc. $FANG

Key Points

• Holocene Advisors boosted its stake in Diamondback Energy (NASDAQ:FANG) by 20.7% in Q3, adding 209,731 shares to hold 1,221,650 shares valued at about $174.8 million (≈0.43% of the company), while institutional ownership stands near 90%.
• Insider selling and a large secondary offering create potential supply pressure: insiders sold 1,168,462 shares (~$192.2M) last quarter and SGF FANG Holdings priced roughly 11.0M shares (≈$1.9B), which could weigh on the stock.
• Diamondback raised its quarterly dividend to $1.05 (annualized $4.20, ~2.3% yield) and analysts maintain a consensus "Buy" with an average target around $191.67, though the company recently missed EPS estimates.

Holocene Advisors LP increased its stake in Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) by 20.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,221,650 shares of the oil and natural gas company's stock after purchasing an additional 209,731 shares during the period. Holocene Advisors LP owned approximately 0.43% of Diamondback Energy worth $174,818,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in FANG. Vanguard Group Inc. boosted its holdings 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 purchasing an additional 388,512 shares in the last quarter. Boston Partners lifted its stake in Diamondback Energy by 2.9% in the 3rd quarter. Boston Partners now owns 5,733,538 shares of the oil and natural gas company's stock valued at $821,649,000 after purchasing an additional 163,548 shares during the last quarter. Capital Research Global Investors grew its stake in shares of Diamondback Energy by 38.0% during the third quarter. Capital Research Global Investors now owns 3,798,812 shares of the oil and natural gas company's stock worth $543,610,000 after buying an additional 1,046,398 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Diamondback Energy by 9.6% during the 3rd quarter. Invesco Ltd. now owns 3,120,359 shares of the oil and natural gas company's stock valued at $446,523,000 after acquiring an additional 274,331 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Diamondback Energy by 9.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,355,480 shares of the oil and natural gas company's stock worth $337,078,000 after purchasing an additional 198,919 shares in the last quarter. 90.01% of the stock is currently owned by institutional investors and hedge funds.

Key Diamondback Energy News

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

• Positive Sentiment: Piper Sandler raised its price target substantially (to $248) and kept an overweight view, giving investors a near‑term fundamental endorsement and supporting upside expectations. Piper Sandler price target raise
• Positive Sentiment: Freedom Capital / Zacks published a "strong‑buy" upgrade, adding buy-side momentum and contributing to buying interest. Zacks / Freedom Capital upgrade
• Positive Sentiment: Diamondback recently lifted its quarterly dividend (to $1.05), which can support valuation and attract yield‑seeking investors. Dividend increase (MarketBeat)
• Neutral Sentiment: Reported short‑interest prints look inconsistent (days‑to‑cover ~0.0) and appear to be data artifacts; there’s no clear evidence of aggressive short covering driving today’s move.
• Negative Sentiment: SGF FANG Holdings launched and priced a large underwritten secondary offering (~11.0M shares, ≈$1.9B gross), which increases available supply and is a clear downward pressure risk since Diamondback receives no proceeds. Secondary offering priced (TipRanks)
• Negative Sentiment: Multiple senior insiders and directors disclosed multi‑million dollar sales (including CEO Kaes Van’t Hof and Director Charles Meloy), and press coverage is highlighting executives selling into the rally — a negative signal for sentiment and confidence. Executive selling coverage (Yahoo) Director sale (InsiderTrades)
• Negative Sentiment: Zacks / AmericanBankingNews flagged downward near‑term EPS estimate revisions for FANG, which increases earnings risk ahead of future reports. Zacks negative earnings estimate

Insider Buying and Selling

In related news, Chairman Travis D. Stice sold 36,043 shares of the firm's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $181.08, for a total value of $6,526,666.44. Following the transaction, the chairman owned 123,745 shares of the company's stock, valued at approximately $22,407,744.60. This trade represents a 22.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles Alvin Meloy sold 7,857 shares of Diamondback Energy stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $183.27, for a total value of $1,439,952.39. Following the transaction, the director owned 974,149 shares of the company's stock, valued at $178,532,287.23. This trade represents a 0.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,168,462 shares of company stock worth $192,197,747 in the last quarter. Insiders own 0.48% of the company's stock.

Analyst Upgrades and Downgrades

FANG has been the topic of a number of research reports. Mizuho boosted their target price on shares of Diamondback Energy from $194.00 to $205.00 and gave the stock an "outperform" rating in a report on Tuesday, February 24th. Freedom Capital raised shares of Diamondback Energy to a "strong-buy" rating in a research report on Tuesday, March 10th. Sanford C. Bernstein decreased their price objective on shares of Diamondback Energy from $199.00 to $190.00 and set an "outperform" rating for the company in a research report on Monday, January 5th. Weiss Ratings reissued a "hold (c)" rating on shares of Diamondback Energy in a research note on Monday, December 29th. Finally, Roth Mkm restated a "buy" rating and set a $180.00 target price on shares of Diamondback Energy in a research report on Tuesday, February 24th. Three analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $191.67.

Diamondback Energy Price Performance

Shares of FANG opened at $182.37 on Monday. The business's fifty day moving average is $164.13 and its 200 day moving average is $152.52. Diamondback Energy, Inc. has a 12-month low of $114.00 and a 12-month high of $186.65. The company has a quick ratio of 0.40, a current ratio of 0.42 and a debt-to-equity ratio of 0.32. The stock has a market cap of $51.30 billion, a P/E ratio of 32.51 and a beta of 0.59.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last announced its quarterly earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 EPS 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 business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.41 billion. During the same quarter last year, the firm posted $3.67 EPS. The business's revenue for the quarter was down 9.0% compared to the same quarter last year. Sell-side analysts anticipate that Diamondback Energy, Inc. will post 15.49 earnings per share for the current fiscal year.

Diamondback Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th were given a dividend of $1.05 per share. The ex-dividend date of this dividend 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 2.3%. Diamondback Energy's payout ratio is presently 74.87%.

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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