Diamondback Energy, Inc. $FANG Shares Purchased by Sunpointe LLC

Sunpointe LLC lifted its position in Diamondback Energy, Inc. (NASDAQ:FANG) by 177.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 5,861 shares of the oil and natural gas company’s stock after acquiring an additional 3,752 shares during the period. Sunpointe LLC’s holdings in Diamondback Energy were worth $839,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. lifted its stake in 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 last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in Diamondback Energy during the second quarter valued at $29,000. Salomon & Ludwin LLC acquired a new stake in shares of Diamondback Energy during the third quarter worth $31,000. Estabrook Capital Management acquired a new stake in shares of Diamondback Energy during the second quarter worth $41,000. Finally, City Holding Co. bought a new position in shares of Diamondback Energy in the 3rd quarter worth about $43,000. 90.01% of the stock is currently owned by institutional investors.

More Diamondback Energy News

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

• Positive Sentiment: UBS raised its price target to $216 and kept a “buy” rating — a bullish analyst action implying ~20% upside and signaling confidence in Diamondback’s outlook. UBS Raises Target
• Positive Sentiment: Barclays raised its target to $185 and maintains an “overweight” stance, adding to the string of supportive analyst notes. Barclays Upgrade
• Positive Sentiment: TD Cowen (via TipRanks) reiterated a Buy and $195 target, citing disciplined growth, expanding inventory and low breakevens — fundamental support for the stock. TD Cowen Note
• Positive Sentiment: Benzinga included Diamondback among “5 Energy Stocks Leading This Year’s Biggest Rally,” highlighting sector leadership and Diamondback’s shareholder-friendly cost structure as reasons to watch the name. Benzinga Feature
• Positive Sentiment: Zacks flagged FANG as a key player after WTI rallied above $75, which supports oil-driven upside for producers like Diamondback. Zacks Oil Note
• Neutral Sentiment: Piper Sandler trimmed its price target slightly (from $218 to $215) but kept an “overweight” rating — a modest technical adjustment rather than a change in conviction. Piper Sandler Note
• Neutral Sentiment: Reported short-interest data for March appears erroneous (shows 0 shares and NaN change); there’s no reliable evidence here of a new short-pressure dynamic. (Data item: March 5 short-interest report.)
• Negative Sentiment: Benchmark downgraded Diamondback from “buy” to “hold,” which is the clearest negative analyst action and could cap near-term upside if other firms follow. Benchmark Downgrade
• Negative Sentiment: Barron’s and other coverage note that some energy names are being downgraded even as oil rises, suggesting investor caution that recent rallies may be vulnerable to profit-taking or valuation resets. Barron’s Coverage

Analyst Upgrades and Downgrades

FANG has been the subject of a number of recent research reports. Citigroup lowered their price objective on shares of Diamondback Energy from $180.00 to $178.00 and set a “buy” rating for the company in a research report on Tuesday, January 6th. Wall Street Zen downgraded Diamondback Energy from a “hold” rating to a “sell” rating in a report on Saturday, December 27th. Mizuho upped their price objective on Diamondback Energy from $194.00 to $205.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. Wells Fargo & Company raised their target price on Diamondback Energy from $169.00 to $171.00 and gave the company an “overweight” rating in a research note on Tuesday, January 27th. Finally, Morgan Stanley cut their price target on Diamondback Energy from $183.00 to $171.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Diamondback Energy has a consensus rating of “Moderate Buy” and an average target price of $189.00.

Diamondback Energy Stock Up 1.3%

Diamondback Energy stock opened at $179.04 on Friday. The stock has a market cap of $50.50 billion, a price-to-earnings ratio of 31.91 and a beta of 0.59. The company has a current ratio of 0.42, a quick ratio of 0.40 and a debt-to-equity ratio of 0.32. The company’s 50-day moving average price is $160.56 and its two-hundred day moving average price is $150.79. Diamondback Energy, Inc. has a 52 week low of $114.00 and a 52 week high of $183.36.

Diamondback Energy (NASDAQ:FANG) last issued 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 company had revenue of $3.38 billion during 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% on a year-over-year basis. During the same period in the prior year, the company posted $3.67 earnings per share. On average, analysts expect that Diamondback Energy, Inc. will post 15.49 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, March 5th will be paid a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s dividend payout ratio is 71.30%.

Insider Buying and Selling at Diamondback Energy

In related news, Director Charles Alvin Meloy sold 60,605 shares of Diamondback Energy stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $161.12, for a total transaction of $9,764,677.60. Following the transaction, the director directly owned 982,006 shares of the company’s stock, valued at $158,220,806.72. The trade was a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the business’s 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 completion of the sale, the insider owned 98,686,727 shares in the company, valued at approximately $16,074,094,093.76. This trade represents a 1.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.70% of the stock is currently owned by company insiders.

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.