Diamondback Energy, Inc. $FANG Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Diamondback Energy, Inc. (NASDAQ:FANG) by 5.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 419,247 shares of the oil and natural gas company’s stock after acquiring an additional 22,530 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Diamondback Energy were worth $63,868,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new position in Diamondback Energy in the 4th quarter valued at $25,000. Richardson Financial Services Inc. boosted 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 purchasing an additional 125 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new stake in shares of Diamondback Energy during the 4th quarter worth $26,000. JPL Wealth Management LLC purchased a new stake in shares of Diamondback Energy during the 3rd quarter worth $26,000. Finally, E Fund Management Hong Kong Co. Ltd. boosted 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 purchasing an additional 102 shares in the last quarter. 90.01% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Piper Sandler boosted their target price on shares of Diamondback Energy from $215.00 to $248.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. Barclays boosted their target price on shares of Diamondback Energy from $190.00 to $225.00 and gave the stock an “overweight” rating in a research report on Tuesday. Susquehanna boosted their target price on shares of Diamondback Energy from $231.00 to $245.00 and gave the stock a “positive” rating in a research report on Wednesday. Raymond James Financial restated a “strong-buy” rating and set a $242.00 target price on shares of Diamondback Energy in a research report on Monday, April 27th. Finally, UBS Group boosted their target price on shares of Diamondback Energy from $240.00 to $245.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Five investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $215.70.

Diamondback Energy Trading Down 2.5%

Shares of FANG opened at $190.30 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.56 and a quick ratio of 0.40. The firm has a 50 day simple moving average of $188.80 and a 200-day simple moving average of $165.63. Diamondback Energy, Inc. has a 1-year low of $130.48 and a 1-year high of $214.51. The stock has a market cap of $53.53 billion, a price-to-earnings ratio of 221.28 and a beta of 0.46.

Diamondback Energy (NASDAQ:FANG) last issued its quarterly earnings data on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share for the quarter, topping analysts’ consensus estimates of $3.74 by $0.49. Diamondback Energy had a net margin of 1.87% and a return on equity of 7.76%. The business had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $3.83 billion. During the same period last year, the company posted $4.54 EPS. The company’s revenue was up 4.7% on a year-over-year basis. Equities analysts forecast that Diamondback Energy, Inc. will post 18.86 EPS for the current fiscal year.

Diamondback Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th will be paid a dividend of $1.10 per share. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Thursday, May 14th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.3%. Diamondback Energy’s dividend payout ratio is 488.37%.

More Diamondback Energy News

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

• Positive Sentiment: Q1 beat, higher guidance and shareholder returns — Diamondback reported Q1 EPS and revenue above estimates, raised full‑year oil production guidance, increased its dividend and reiterated buybacks, which supports earnings power and cash return to shareholders. Read More.
• Positive Sentiment: Barclays raised its price target to $225 and kept an Overweight rating, citing better‑than‑expected production results — a clear analyst endorsement that can support upside. Read More.
• Positive Sentiment: Susquehanna increased its price target to $245 and moved to a positive rating (largest upside among recent notes), adding further analyst conviction. Read More.
• Positive Sentiment: Earnings estimate revisions are moving higher — analysts (Zacks and others) are lifting forward estimates after the beat, which can support multiple expansion or higher target revisions. Read More.
• Neutral Sentiment: Management signals disciplined growth but may pursue expansion if oil prices stay elevated — RBC frames growth as conditional on macro oil strength, so future capital allocation could shift depending on the commodity cycle. Read More.
• Neutral Sentiment: Earnings call emphasized “disciplined growth ahead” — positive tone, but execution and pacing of any growth program will be watched closely by the market. Read More.
• Negative Sentiment: High valuation and recent strong run create profit‑taking risk — FANG’s P/E is elevated and the stock had large YTD gains, so some investors are trimming positions despite positive news.
• Negative Sentiment: Operational/financial metrics that may concern some holders: year‑over‑year EPS was slightly lower than last year, and liquidity ratios and net margin remain modest — these factors can temper enthusiasm despite the beat and buybacks.

Insider Buying and Selling at Diamondback Energy

In other news, CAO Teresa L. Dick sold 5,000 shares of the firm’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 transaction 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 $20,473,450. This trade represents a 4.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Matt Zmigrosky sold 20,899 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $180.00, for a total transaction of $3,761,820.00. Following the completion of the transaction, the executive vice president owned 60,493 shares in the company, valued at approximately $10,888,740. This trade represents a 25.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 156,464 shares of company stock worth $28,568,431. 0.64% of the stock is currently owned by insiders.

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.