New York State Common Retirement Fund Acquires 5,725 Shares of Diamondback Energy, Inc. $FANG

New York State Common Retirement Fund boosted its holdings in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 1.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 428,123 shares of the oil and natural gas company’s stock after acquiring an additional 5,725 shares during the period. New York State Common Retirement Fund owned 0.15% of Diamondback Energy worth $61,264,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Diamondback Energy by 9.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 117,733 shares of the oil and natural gas company’s stock worth $16,848,000 after purchasing an additional 10,289 shares during the last quarter. Valeo Financial Advisors LLC increased its holdings in Diamondback Energy by 3.0% in the third quarter. Valeo Financial Advisors LLC now owns 2,568 shares of the oil and natural gas company’s stock valued at $367,000 after purchasing an additional 74 shares during the last quarter. J. Safra Sarasin Holding AG lifted its stake in Diamondback Energy by 20.7% in the third quarter. J. Safra Sarasin Holding AG now owns 3,955 shares of the oil and natural gas company’s stock valued at $566,000 after buying an additional 677 shares during the period. Clarus Group Inc. lifted its stake in Diamondback Energy by 13.5% in the third quarter. Clarus Group Inc. now owns 4,214 shares of the oil and natural gas company’s stock valued at $603,000 after buying an additional 500 shares during the period. Finally, Riverwater Partners LLC bought a new position in Diamondback Energy during the third quarter worth about $207,000. Institutional investors and hedge funds own 90.01% of the company’s stock.

Diamondback Energy Price Performance

FANG stock opened at $163.07 on Friday. The stock has a 50-day moving average price of $151.80 and a two-hundred day moving average price of $146.12. Diamondback Energy, Inc. has a 1 year low of $114.00 and a 1 year high of $173.01. The stock has a market cap of $46.70 billion, a PE ratio of 11.33 and a beta of 0.59. The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 0.35.

Diamondback Energy (NASDAQ:FANG) last posted its quarterly earnings data on Monday, November 3rd. The oil and natural gas company reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.94 by $0.14. The company had revenue of $3.92 billion during the quarter, compared to analysts’ expectations of $3.48 billion. Diamondback Energy had a return on equity of 9.57% and a net margin of 27.32%.Diamondback Energy’s revenue for the quarter was up 48.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.19 earnings per share. Equities analysts forecast that Diamondback Energy, Inc. will post 15.49 EPS for the current fiscal year.

Diamondback Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Thursday, November 13th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $4.00 dividend on an annualized basis and a yield of 2.5%. Diamondback Energy’s dividend payout ratio is 27.80%.

Insider Buying and Selling at Diamondback Energy

In other news, Director Charles Alvin Meloy sold 377,911 shares of Diamondback Energy stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $138.61, for a total value of $52,382,243.71. Following the sale, the director directly owned 1,044,864 shares in the company, valued at $144,828,599.04. This trade represents a 26.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.70% of the stock is owned by corporate insiders.

Diamondback Energy News Summary

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

• Positive Sentiment: Recent intraday momentum: Zacks flagged that FANG rose despite broader market weakness, reflecting investor appetite for the name. Diamondback Energy (FANG) Increases Despite Market Slip
• Positive Sentiment: Analyst support: William Blair reiterated a Buy, citing low‑cost operations, disciplined maintenance‑mode capital allocation and robust free cash flow — factors that support dividend/share‑repurchase capacity and investor confidence. Diamondback Energy: Low-Cost Resilience… Buy Rating
• Neutral Sentiment: Morgan Stanley cut its price target to $171 from $183 but kept an Overweight rating — a mixed signal: the firm remains constructive on FANG’s fundamentals while reflecting lower oil‑price assumptions that reduce upside. Morgan Stanley Lowered Diamondback Energy Target to $171
• Neutral Sentiment: Consensus/ratings context: Coverage publications note an average analyst view of “Moderate Buy,” keeping broader market sentiment mildly positive but not uniformly bullish. Diamondback Given Average Rating of Moderate Buy
• Neutral Sentiment: Valuation & comparisons: Recent pieces assessing valuation and peer comparisons provide context but no single catalyst — useful for longer‑term positioning rather than immediate price moves. Assessing Diamondback Energy’s Valuation Comparing Diamondback & Black Dragon
• Neutral Sentiment: Short interest report shows no meaningful change (data appears abnormal/zero), so there’s no clear short‑squeeze or large short positioning signal at present. (Market data release.)
• Negative Sentiment: Earnings revision risk: Zacks Research trimmed its Q3 2026 EPS estimate to $2.23 from $2.38, which could pressure near‑term sentiment if other forecasters follow suit or if macro drivers (oil prices) weaken. Zacks Drops Q3 EPS Estimate

Analyst Upgrades and Downgrades

FANG has been the subject of a number of analyst reports. Royal Bank Of Canada restated an “outperform” rating and set a $173.00 price objective on shares of Diamondback Energy in a report on Friday, October 10th. Scotiabank set a $175.00 price target on shares of Diamondback Energy in a research report on Friday, January 16th. Morgan Stanley decreased their price target on shares of Diamondback Energy from $183.00 to $171.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. Wells Fargo & Company raised their price objective on Diamondback Energy from $169.00 to $171.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, Evercore ISI lifted their target price on Diamondback Energy from $165.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $185.90.

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.