TruWealth Advisors LLC Has $19.52 Million Holdings in Diamondback Energy, Inc. $FANG

Key Points

• TruWealth Advisors trimmed its stake in Diamondback Energy by 20.1% in Q4, selling 32,586 shares and ending the period with 129,820 shares worth about $19.52 million.
• Large insider/institutional selling has occurred recently — Fang Holdings LP sold 1,000,000 shares for $162.88M and insiders disposed of 1,209,212 shares (≈$199.7M) in the last quarter.
• Despite a quarterly EPS miss ($1.74 vs. $2.00) and revenue decline, analysts maintain a consensus "Buy" with a ~$195.43 price target, and the company raised its quarterly dividend to $1.05 (≈2.2% yield).

TruWealth Advisors LLC lessened its holdings in Diamondback Energy, Inc. (NASDAQ:FANG - Free Report) by 20.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 129,820 shares of the oil and natural gas company's stock after selling 32,586 shares during the quarter. TruWealth Advisors LLC's holdings in Diamondback Energy were worth $19,516,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. JPL Wealth Management LLC bought a new stake in shares of Diamondback Energy during the 3rd quarter valued at $26,000. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of Diamondback Energy by 106.3% during the third 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 purchasing an additional 102 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Diamondback Energy during the second quarter worth $29,000. Salomon & Ludwin LLC bought a new stake in Diamondback Energy in the third quarter valued at about $31,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in Diamondback Energy in the third quarter valued at about $38,000. 90.01% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Diamondback Energy news, Director Steven E. West sold 6,000 shares of Diamondback Energy stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $188.35, for a total value of $1,130,100.00. Following the sale, the director directly owned 4,484 shares in the company, valued at approximately $844,561.40. The trade was a 57.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the transaction, the insider owned 98,686,727 shares of the company's stock, valued at approximately $16,074,094,093.76. This represents a 1.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,209,212 shares of company stock valued at $199,689,401 in the last quarter. Company insiders own 0.70% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on FANG shares. Scotiabank set a $175.00 target price on Diamondback Energy in a report on Friday, January 16th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Diamondback Energy in a research note on Monday, December 29th. Wells Fargo & Company increased their price target on shares of Diamondback Energy from $171.00 to $202.00 and gave the company an "overweight" rating in a research report on Monday, March 16th. Jefferies Financial Group reissued a "hold" rating and set a $173.00 price objective on shares of Diamondback Energy in a research note on Monday, January 19th. Finally, Benchmark downgraded shares of Diamondback Energy from a "buy" rating to a "hold" rating in a research note on Thursday, March 5th. Three investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $195.43.

Diamondback Energy Stock Up 1.2%

NASDAQ:FANG opened at $192.54 on Friday. The stock has a 50-day simple moving average of $168.44 and a 200 day simple moving average of $153.84. Diamondback Energy, Inc. has a 52-week low of $114.00 and a 52-week high of $194.68. The company has a market cap of $54.16 billion, a PE ratio of 34.32 and a beta of 0.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.40 and a current ratio of 0.42.

Diamondback Energy (NASDAQ:FANG - Get Free Report) last released its quarterly earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share for the quarter, missing analysts' consensus estimates of $2.00 by ($0.26). The firm 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 company's revenue was down 9.0% compared to the same quarter last year. During the same period last year, the company earned $3.67 EPS. On average, sell-side analysts expect that Diamondback Energy, Inc. will post 15.49 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, March 5th were given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 2.2%. This is an increase from Diamondback Energy's previous quarterly dividend of $1.00. The ex-dividend date of this dividend was Thursday, March 5th. Diamondback Energy's payout ratio is 74.87%.

Diamondback Energy News Roundup

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

• Positive Sentiment: Broad analyst endorsement — 26 covering analysts have an average “Buy” rating on FANG, reinforcing institutional confidence and helping momentum. Article Title
• Positive Sentiment: Analyst upgrades / 52‑week high — Recent upgrades pushed FANG to a new 52‑week high, attracting momentum traders and supporting the rally. Article Title
• Positive Sentiment: Dividend increase — The company raised its quarterly payout (now $1.05 per share), improving yield and income appeal for dividend-focused investors.
• Neutral Sentiment: Short‑interest data appears anomalous — Reported short interest showed zero in the recent snapshot (likely a data/reporting issue), so there’s no clear short‑squeeze signal from the published figures.
• Neutral Sentiment: Market coverage roundup — Aggregators highlighted insider selling among several names including FANG; such write‑ups are informational and don’t by themselves prove negative intent. Article Title
• Negative Sentiment: Multiple material insider sales this week — Several executives/directors sold shares (EVP Matt Zmigrosky, CAO Teresa L. Dick, Director Steven E. West), with Zmigrosky’s recent transactions disclosed in SEC filings; clustered insider selling can weigh on sentiment even when attributed to diversification or tax planning. Article Title
• Negative Sentiment: Recent earnings miss — FANG’s latest quarter missed EPS and revenue estimates, which remains a fundamental caution point for some investors despite the subsequent analyst optimism. Article Title

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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