Teacher Retirement System of Texas Has $24.25 Million Position in Diamondback Energy, Inc. $FANG

Key Points

• Teacher Retirement System of Texas increased its stake in Diamondback Energy (NASDAQ:FANG) by 6.1% in Q4 to 161,319 shares valued at $24.25 million, about 0.06% of the company.
• Company insiders sold heavily in the past three months—totaling 1,217,069 shares worth $201.2 million (including recent sales by a director and the CAO)—though insiders still own roughly 0.7% of FANG.
• Diamondback raised its quarterly dividend to $1.05 (annualized $4.20, ~2.1% yield) and retains broad analyst support with a consensus "Buy" and an average price target near $207.95 amid several upward revisions.

Teacher Retirement System of Texas increased its position in shares of Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) by 6.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 161,319 shares of the oil and natural gas company's stock after purchasing an additional 9,284 shares during the period. Teacher Retirement System of Texas owned approximately 0.06% of Diamondback Energy worth $24,251,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC bought a new stake in shares of Diamondback Energy during the 4th quarter worth $25,000. Richardson Financial Services Inc. lifted its position in shares of Diamondback Energy by 245.1% during the 4th quarter. Richardson Financial Services Inc. now owns 176 shares of the oil and natural gas company's stock worth $26,000 after buying an additional 125 shares during the last quarter. JPL Wealth Management LLC bought a new stake in shares of Diamondback Energy during the 3rd quarter worth $26,000. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Diamondback Energy by 106.3% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the oil and natural gas company's stock worth $28,000 after buying an additional 102 shares during the last quarter. Finally, Salomon & Ludwin LLC bought a new stake in shares of Diamondback Energy during the 3rd quarter worth $31,000. 90.01% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Diamondback Energy news, Director Steven E. West sold 6,000 shares of the business'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 transaction of $1,130,100.00. Following the completion of the sale, the director directly owned 4,484 shares of the company's stock, valued at approximately $844,561.40. The trade was a 57.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Teresa L. Dick sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The shares were 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 directly owned 107,755 shares of the company's stock, valued at approximately $20,473,450. This represents a 4.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,217,069 shares of company stock worth $201,213,109. Company insiders own 0.70% of the company's stock.

Key Headlines Impacting Diamondback Energy

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

• Positive Sentiment: Scotiabank raised its price target to $195 and moved to a "sector outperform" rating, signaling buy-side momentum from a major regional bank and likely supporting demand for the shares. Scotiabank price target raise
• Positive Sentiment: Analysts (Zacks Research and others) have been lifting near‑term and FY2026‑FY2027 EPS forecasts for Diamondback — Zacks' published note shows multiple quarterly and full‑year increases (FY2027 raised toward ~$10.18 in one note), which improves forward earnings visibility and supports a higher valuation multiple.
• Positive Sentiment: Media pieces highlighting continued Wall Street "buy" or bullish consensus for FANG are amplifying demand from momentum and fundamental investors who track the average brokerage recommendation. Wall Street Bulls: Should You Buy?
• Positive Sentiment: Bullish fundamental commentary argues that structural oil drivers (supply discipline, geopolitical risk) support higher medium‑term oil prices and favor Permian producers like Diamondback, reinforcing investor interest. Why peace won't bring back cheap oil
• Neutral Sentiment: Comparisons within the Permian (FANG vs. Permian Resources) show Diamondback's scale and cash flow strengths but note competitors' lower valuations — useful context for relative positioning but mixed for immediate price direction. FANG vs PR Permian comparison
• Neutral Sentiment: Sector performance write‑ups show FANG outperforming some energy peers YTD, which can attract momentum flows but may also reduce short‑term upside as investors assess relative value. Sector performance vs FANG
• Negative Sentiment: Macroeconomic/political headlines: a Bloomberg piece (carried on Yahoo) highlights the Trump administration publicly saying oil price spikes are temporary and tied to geopolitics — if markets buy that narrative, it could cap crude and weigh on oil producers' upside. Trump promises lower oil prices
• Negative Sentiment: Valuation/positioning concerns: coverage questioning whether FANG looks overvalued after recent gains and the stock's elevated PE (~35) could prompt profit‑taking or temper larger inflows if investors rotate to cheaper energy names. Overvaluation assessment

Diamondback Energy Stock Up 0.9%

Shares of NASDAQ:FANG opened at $195.59 on Friday. The company has a market capitalization of $55.02 billion, a price-to-earnings ratio of 34.86 and a beta of 0.50. 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 business's 50-day moving average is $184.49 and its 200-day moving average is $162.23. Diamondback Energy, Inc. has a 1 year low of $127.75 and a 1 year high of $204.91.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last announced its quarterly earnings data on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share (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 during the quarter, compared to analyst estimates of $3.41 billion. During the same period in the prior year, the firm earned $3.67 earnings per share. The firm's revenue for the quarter was down 9.0% compared to the same quarter last year. Equities research analysts predict that Diamondback Energy, Inc. will post 16.65 earnings per share for the current year.

Diamondback Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Thursday, March 5th were issued a dividend of $1.05 per share. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $4.20 dividend on an annualized basis and a yield of 2.1%. This is an increase from Diamondback Energy's previous quarterly dividend of $1.00. Diamondback Energy's dividend payout ratio is presently 74.87%.

Analysts Set New Price Targets

Several brokerages recently weighed in on FANG. Piper Sandler upped their price objective on Diamondback Energy from $215.00 to $248.00 and gave the stock an "overweight" rating in a research report on Thursday, March 12th. TD Cowen upgraded Diamondback Energy to a "strong-buy" rating in a research report on Monday, February 9th. Scotiabank upped their price objective on Diamondback Energy from $175.00 to $195.00 and gave the stock a "sector outperform" rating in a research report on Wednesday. Sanford C. Bernstein reduced their price objective on Diamondback Energy from $199.00 to $190.00 and set an "outperform" rating on the stock in a research report on Monday, January 5th. Finally, Morgan Stanley boosted their price objective on Diamondback Energy from $220.00 to $224.00 and gave the stock an "overweight" rating in a research report on Friday, April 17th. Four investment 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 company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $207.95.

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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