Teacher Retirement System of Texas Buys 9,284 Shares of Diamondback Energy, Inc. $FANG

Teacher Retirement System of Texas increased its holdings in Diamondback Energy, Inc. (NASDAQ:FANG) by 6.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 161,319 shares of the oil and natural gas company’s stock after buying an additional 9,284 shares during the period. Teacher Retirement System of Texas’ holdings in Diamondback Energy were worth $24,251,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in FANG. Smead Capital Management Inc. purchased a new stake in shares of Diamondback Energy in the second quarter worth $144,775,000. Capital Research Global Investors raised its position in shares of Diamondback Energy by 38.0% in the third quarter. Capital Research Global Investors now owns 3,798,812 shares of the oil and natural gas company’s stock worth $543,610,000 after buying an additional 1,046,398 shares in the last quarter. Balyasny Asset Management L.P. raised its position in shares of Diamondback Energy by 2,637.8% in the third quarter. Balyasny Asset Management L.P. now owns 456,686 shares of the oil and natural gas company’s stock worth $65,352,000 after buying an additional 440,005 shares in the last quarter. Two Sigma Investments LP raised its position in Diamondback Energy by 1,127.8% during the third quarter. Two Sigma Investments LP now owns 369,568 shares of the oil and natural gas company’s stock valued at $52,885,000 after purchasing an additional 339,468 shares in the last quarter. Finally, Ninepoint Partners LP purchased a new stake in Diamondback Energy during the third quarter valued at about $45,076,000. Hedge funds and other institutional investors own 90.01% of the company’s stock.

Insiders Place Their Bets

In other news, Director Steven E. West sold 6,000 shares of Diamondback Energy stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $188.35, for a total transaction of $1,130,100.00. Following the completion of the sale, the director owned 4,484 shares of the company’s stock, valued at approximately $844,561.40. The trade was a 57.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jere W. Thompson III sold 750 shares of Diamondback Energy stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $182.47, for a total transaction of $136,852.50. Following the sale, the chief financial officer directly owned 19,975 shares of the company’s stock, valued at $3,644,838.25. This represents a 3.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,217,069 shares of company stock valued at $201,213,109 over the last quarter. Corporate insiders own 0.70% of the company’s stock.

Diamondback Energy News Roundup

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

• Positive Sentiment: Scotiabank raised its price target to $195 and moved to a “sector outperform” rating, signaling buy-side momentum from a major regional bank and likely supporting demand for the shares. Scotiabank price target raise
• Positive Sentiment: Analysts (Zacks Research and others) have been lifting near‑term and FY2026‑FY2027 EPS forecasts for Diamondback — Zacks’ published note shows multiple quarterly and full‑year increases (FY2027 raised toward ~$10.18 in one note), which improves forward earnings visibility and supports a higher valuation multiple.
• Positive Sentiment: Media pieces highlighting continued Wall Street “buy” or bullish consensus for FANG are amplifying demand from momentum and fundamental investors who track the average brokerage recommendation. Wall Street Bulls: Should You Buy?
• Positive Sentiment: Bullish fundamental commentary argues that structural oil drivers (supply discipline, geopolitical risk) support higher medium‑term oil prices and favor Permian producers like Diamondback, reinforcing investor interest. Why peace won’t bring back cheap oil
• Neutral Sentiment: Comparisons within the Permian (FANG vs. Permian Resources) show Diamondback’s scale and cash flow strengths but note competitors’ lower valuations — useful context for relative positioning but mixed for immediate price direction. FANG vs PR Permian comparison
• Neutral Sentiment: Sector performance write‑ups show FANG outperforming some energy peers YTD, which can attract momentum flows but may also reduce short‑term upside as investors assess relative value. Sector performance vs FANG
• Negative Sentiment: Macroeconomic/political headlines: a Bloomberg piece (carried on Yahoo) highlights the Trump administration publicly saying oil price spikes are temporary and tied to geopolitics — if markets buy that narrative, it could cap crude and weigh on oil producers’ upside. Trump promises lower oil prices
• Negative Sentiment: Valuation/positioning concerns: coverage questioning whether FANG looks overvalued after recent gains and the stock’s elevated PE (~35) could prompt profit‑taking or temper larger inflows if investors rotate to cheaper energy names. Overvaluation assessment

Diamondback Energy Stock Performance

FANG stock opened at $195.59 on Friday. The stock has a market capitalization of $55.02 billion, a PE ratio of 34.86 and a beta of 0.50. Diamondback Energy, Inc. has a 12-month low of $127.75 and a 12-month high of $204.91. 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 stock’s 50 day simple moving average is $184.49 and its 200 day simple moving average is $162.23.

Diamondback Energy (NASDAQ:FANG) 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 the consensus estimate of $2.00 by ($0.26). The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.41 billion. Diamondback Energy had a net margin of 11.07% and a return on equity of 8.08%. Diamondback Energy’s quarterly revenue was down 9.0% compared to the same quarter last year. During the same period in the previous year, the company earned $3.67 earnings per share. As a group, research analysts forecast that Diamondback Energy, Inc. will post 16.65 earnings per share for the current fiscal year.

Diamondback Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, March 5th were issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Thursday, March 5th. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.00. Diamondback Energy’s payout ratio is 74.87%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Diamondback Energy in a research report on Monday, December 29th. Wells Fargo & Company raised their price target on Diamondback Energy from $202.00 to $262.00 and gave the company an “overweight” rating in a research report on Monday. Susquehanna raised their price target on Diamondback Energy from $182.00 to $199.00 and gave the company a “positive” rating in a research report on Wednesday, February 25th. TD Cowen upgraded Diamondback Energy to a “strong-buy” rating in a research report on Monday, February 9th. Finally, Barclays raised their price target on Diamondback Energy from $185.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. Four equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $207.95.

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.