Swiss National Bank Sells 31,300 Shares of Diamondback Energy, Inc. $FANG

Swiss National Bank reduced its holdings in Diamondback Energy, Inc. (NASDAQ:FANG) by 5.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 547,399 shares of the oil and natural gas company’s stock after selling 31,300 shares during the quarter. Swiss National Bank’s holdings in Diamondback Energy were worth $78,333,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in FANG. E Fund Management Hong Kong Co. Ltd. increased its position in Diamondback Energy by 106.3% in 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 period. Twin Peaks Wealth Advisors LLC acquired a new stake in Diamondback Energy in the 2nd quarter worth $29,000. Salomon & Ludwin LLC bought a new position in Diamondback Energy during the third quarter valued at about $31,000. Estabrook Capital Management acquired a new position in shares of Diamondback Energy in the second quarter valued at $41,000. Finally, City Holding Co. acquired a new position in shares of Diamondback Energy in the 3rd quarter valued at $43,000. Institutional investors and hedge funds own 90.01% of the company’s stock.

Analyst Upgrades and Downgrades

FANG has been the subject of a number of analyst reports. Piper Sandler cut their price objective on Diamondback Energy from $218.00 to $215.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. Wall Street Zen lowered Diamondback Energy from a “hold” rating to a “sell” rating in a research note on Saturday, December 27th. Scotiabank set a $175.00 target price on shares of Diamondback Energy in a research report on Friday, January 16th. 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, January 27th. Finally, Morgan Stanley reduced 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. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Diamondback Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $189.00.

Diamondback Energy Stock Down 2.5%

Shares of FANG opened at $178.37 on Wednesday. The firm has a market cap of $50.31 billion, a P/E ratio of 31.80 and a beta of 0.59. The firm’s 50-day simple moving average is $162.47 and its 200 day simple moving average is $151.81. 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, Inc. has a 52 week low of $114.00 and a 52 week high of $186.65.

Diamondback Energy (NASDAQ:FANG) last announced its earnings results 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). 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 business’s revenue for the quarter was down 9.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.67 EPS. On average, analysts forecast that Diamondback Energy, Inc. will post 15.49 earnings per share for the current year.

Diamondback Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th will be paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, March 5th. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s dividend payout ratio is currently 74.87%.

Insider Transactions at Diamondback Energy

In other Diamondback Energy news, Director Charles Alvin Meloy sold 60,605 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $161.12, for a total transaction of $9,764,677.60. Following the completion of the sale, the director owned 982,006 shares of the company’s stock, valued at approximately $158,220,806.72. This represents a 5.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 shares were sold at an average price of $162.88, for a total value of $162,880,000.00. Following the completion of the transaction, the insider directly owned 98,686,727 shares in the company, valued at $16,074,094,093.76. This represents a 1.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,160,605 shares of company stock worth $190,757,794. Insiders own 0.48% of the company’s stock.

Key Diamondback Energy News

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

• Positive Sentiment: Energy sector tailwind — oil prices topped $100 and energy names rallied earlier in the week, which can support Diamondback’s fundamentals if prices sustain. These Stocks Are Today’s Movers: Chevron, Hims & Hers, Carnival, Delta, Newmont, Vertiv, and More
• Negative Sentiment: Large secondary offering priced — SGF FANG Holdings priced an underwritten sale of 11,000,000 Diamondback shares for roughly $1.9B; Diamondback will not receive proceeds and the deal is expected to close March 12. The added supply from a major holder is the primary near‑term negative catalyst. Diamondback Energy Announces Pricing of Secondary Common Stock Offering
• Negative Sentiment: Market coverage and headlines highlight the offering and broader ownership moves, amplifying selling pressure and investor focus on dilution and post‑merger capital allocation. Diamondback Energy dips as SGF FANG Holdings prices 11M share public offering at $1.9B
• Negative Sentiment: Insider selling — Chairman Travis D. Stice disclosed combined sales of 100,000 shares in early March at ~\$181 per share, reducing insider ownership materially and reinforcing supply concerns for some investors. SEC Form 4 – Travis D. Stice
• Negative Sentiment: Analyst estimate cuts — Zacks reduced near‑term EPS forecasts (Q1/Q2 2027) modestly, adding downward pressure on sentiment amid the supply news and softer commodity dynamics. Diamondback Energy (FANG) Registers a Bigger Fall Than the Market
• Negative Sentiment: Broader investor analysis flags the combination of the large secondary, insider sales and weaker oil/gas near‑term pricing as a possible change to the investment case, increasing uncertainty around ownership and capital allocation. Is Diamondback’s Large Secondary Share Sale And Insider Selling Altering The Investment Case For FANG?

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.