Mitsubishi UFJ Trust & Banking Corp Has $11.89 Million Position in Diamondback Energy, Inc. $FANG

Key Points

• Mitsubishi UFJ Trust & Banking trimmed its stake in Diamondback by 10.1%, selling 8,919 shares to leave 79,100 shares valued at about $11.89 million, and institutional investors now own roughly 90% of the stock.
• Analyst sentiment is broadly bullish: the consensus rating is Buy with an average target of $208.05, and several firms have recently raised targets (e.g., Piper Sandler to $248, Mizuho to $220).
• Fundamentals are mixed—Diamondback missed Q1 EPS ($1.74 vs. $2.00) and revenue declined year‑over‑year, but the company raised its quarterly dividend to $1.05; meanwhile insiders sold about 1,217,069 shares (~$201.2M) in the past three months.

Mitsubishi UFJ Trust & Banking Corp reduced its holdings in Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) by 10.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 79,100 shares of the oil and natural gas company's stock after selling 8,919 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in Diamondback Energy were worth $11,891,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Commerzbank Aktiengesellschaft FI grew its holdings in shares of Diamondback Energy by 233.9% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 12,673 shares of the oil and natural gas company's stock worth $1,814,000 after buying 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 acquiring an additional 10,289 shares during the last quarter. Moloney Securities Asset Management LLC acquired a new position in shares of Diamondback Energy during the 3rd quarter valued at about $472,000. WoodTrust Financial Corp acquired a new position in shares of Diamondback Energy during the 3rd quarter valued at about $1,624,000. Finally, Massachusetts Financial Services Co. MA boosted its position 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 during the last quarter. 90.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

FANG has been the topic of several recent research reports. Scotiabank boosted their price target on shares of Diamondback Energy from $175.00 to $195.00 and gave the company a "sector outperform" rating in a research report on Wednesday, April 22nd. Mizuho boosted their price target on shares of Diamondback Energy from $205.00 to $220.00 and gave the company an "outperform" rating in a research report on Tuesday, March 17th. Piper Sandler boosted their price target on shares of Diamondback Energy from $215.00 to $248.00 and gave the company an "overweight" rating in a research report on Thursday, March 12th. Barclays boosted their price target on shares of Diamondback Energy from $185.00 to $190.00 and gave the company an "overweight" rating in a research report on Monday, March 16th. Finally, Roth Mkm reissued a "neutral" rating and set a $200.00 price target (up from $180.00) on shares of Diamondback Energy in a research report on Wednesday, April 8th. Five research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $208.05.

Insider Buying and Selling at Diamondback Energy

In other news, Director Charles Alvin Meloy sold 7,857 shares of the stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $193.93, for a total transaction of $1,523,708.01. Following the sale, the director owned 958,435 shares of the company's stock, valued at approximately $185,869,299.55. This represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Matt Zmigrosky sold 4,101 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $190.51, for a total transaction of $781,281.51. Following the sale, the executive vice president directly owned 56,392 shares in the company, valued at $10,743,239.92. This represents a 6.78% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,217,069 shares of company stock valued at $201,213,109. Corporate insiders own 0.64% of the company's stock.

Diamondback Energy Trading Up 1.0%

NASDAQ FANG opened at $207.65 on Friday. The stock has a market capitalization of $58.41 billion, a P/E ratio of 37.01 and a beta of 0.46. Diamondback Energy, Inc. has a 12 month low of $127.75 and a 12 month high of $207.77. 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's 50-day moving average is $187.42 and its two-hundred day moving average is $164.12.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last issued its quarterly earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.00 by ($0.26). The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.41 billion. Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.The firm's revenue for the quarter was down 9.0% compared to the same quarter last year. During the same period in the prior year, the company posted $3.67 EPS. On average, sell-side analysts anticipate that Diamondback Energy, Inc. will post 19.02 earnings per share for the current year.

Diamondback Energy Increases Dividend

The firm also recently declared 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. 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 2.0%. The ex-dividend date of this dividend was Thursday, March 5th. Diamondback Energy's dividend payout ratio is currently 74.87%.

More Diamondback Energy News

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

• Positive Sentiment: UAE exits OPEC, weakening cartel coordination and boosting crude prices; higher oil improves revenue and cash-flow outlook for low-cost Permian producers like Diamondback. The UAE’s OPEC Exit Changes the Oil Trade — Here’s the Stock to Buy Now
• Positive Sentiment: Market commentary flags Diamondback as a near-term beneficiary of the OPEC shock given its low-cost Permian position, supporting upside if oil stays elevated above $100/bbl. Following UAE’s OPEC Exit Shock, Diamondback Energy Could Be the Smartest Bet Now
• Positive Sentiment: Zacks Research upgraded FANG to a "Strong-Buy" and added it to its Zacks Rank #1 list, citing model/estimate improvements that can draw investor interest and momentum buying. Zacks.com
• Positive Sentiment: Zacks Research raised its FY2028 EPS estimate for Diamondback, indicating analyst bullishness on longer-term earnings power (FY2028 EPS revised to $14.43). Is Diamondback Stock Worth Buying Before Q1 Earnings Release?
• Neutral Sentiment: Multiple earnings previews (Zacks, Yahoo) highlight Q1 as a pivotal test for FANG — metrics beyond headline revenue/earnings (volume, hedges, unit costs) will drive the read-through. Investors are positioning ahead of the May 4 report. Gear Up for Diamondback (FANG) Q1 Earnings: Wall Street Estimates for Key Metrics
• Negative Sentiment: Consensus sees Q1 revenue down roughly 5–6% year-over-year; a miss or weaker commodity realization could pressure the stock despite hedges and higher volumes. This is a near-term execution risk around the upcoming report. Is Diamondback Stock Worth Buying Before Q1 Earnings Release?

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.

Want to see what other hedge funds are holding FANG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diamondback Energy, Inc. (NASDAQ:FANG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.