Systematic Financial Management LP Acquires 4,785 Shares of Diamondback Energy, Inc. $FANG

Systematic Financial Management LP grew its holdings in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 24.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,066 shares of the oil and natural gas company’s stock after buying an additional 4,785 shares during the quarter. Systematic Financial Management LP’s holdings in Diamondback Energy were worth $3,618,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FANG. Smead Capital Management Inc. bought a new stake in Diamondback Energy during the 2nd quarter worth about $144,775,000. Capital Research Global Investors lifted its position in Diamondback Energy by 38.0% during the 3rd 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 holdings in shares of Diamondback Energy by 2,637.8% in the 3rd quarter. Balyasny Asset Management L.P. now owns 456,686 shares of the oil and natural gas company’s stock valued at $65,352,000 after purchasing an additional 440,005 shares during the period. Two Sigma Investments LP raised its holdings in shares of Diamondback Energy by 1,127.8% in the 3rd 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 during the period. Finally, Ninepoint Partners LP bought a new stake in shares of Diamondback Energy in the 3rd quarter valued at about $45,076,000. 90.01% of the stock is owned by institutional investors.

Diamondback Energy Price Performance

Shares of FANG opened at $200.71 on Monday. Diamondback Energy, Inc. has a 52 week low of $133.75 and a 52 week high of $214.51. The firm has a market cap of $56.46 billion, a P/E ratio of 233.39 and a beta of 0.46. The firm’s 50-day simple moving average is $194.16 and its 200 day simple moving average is $170.09. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.55 and a current ratio of 0.56.

Diamondback Energy (NASDAQ:FANG) last announced its earnings results on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share (EPS) 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 firm had revenue of $4.24 billion for the quarter, compared to analyst estimates of $3.83 billion. During the same quarter in the prior year, the business posted $4.54 EPS. The business’s revenue was up 4.7% compared to the same quarter last year. On average, analysts forecast that Diamondback Energy, Inc. will post 19.49 earnings per share for the current year.

Diamondback Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Thursday, May 14th. This is a boost from Diamondback Energy’s previous quarterly dividend of $1.05. Diamondback Energy’s dividend payout ratio (DPR) is currently 511.63%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FANG. Freedom Capital raised shares of Diamondback Energy to a “strong-buy” rating in a report on Tuesday, March 10th. Susquehanna upped their target price on shares of Diamondback Energy from $231.00 to $245.00 and gave the company a “positive” rating in a report on Wednesday, May 6th. Sanford C. Bernstein lifted their price objective on shares of Diamondback Energy from $237.00 to $241.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th. Zacks Research raised shares of Diamondback Energy from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, TD Cowen raised shares of Diamondback Energy to a “strong-buy” rating in a research report on Monday, February 9th. Five equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $221.84.

Diamondback Energy News Summary

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

• Positive Sentiment: Oil prices remain elevated, which is helping Permian Basin producers like Diamondback Energy. One article noted that higher WTI and more gas production per barrel could be a tailwind for FANG’s revenue and cash flow. Article link
• Positive Sentiment: Broader energy coverage also highlighted Diamondback as a beneficiary if oil supply stays tight, with commentary suggesting U.S. energy stocks could continue to outperform as global reserves are drawn down. Article link
• Neutral Sentiment: Diamondback’s recent earnings beat and dividend increase continue to support the stock’s fundamental case, but these were already known from the company’s latest quarterly report and are not new catalysts.
• Negative Sentiment: Diamondback CAO Teresa L. Dick sold 5,000 shares at $207 each, which can weigh on investor sentiment because insider selling is often viewed cautiously. SEC Form 4 filing
• Negative Sentiment: Zacks Research trimmed several near- and medium-term earnings estimates for FANG, including Q2 2027, Q3 2027, Q1 2028 and FY2028, signaling somewhat softer expectations even though the firm kept a Strong-Buy rating. Zacks analyst note

Insider Activity

In other Diamondback Energy news, CAO Teresa L. Dick sold 5,000 shares of the 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 transaction, the chief accounting officer owned 107,755 shares in the company, valued at $20,473,450. This 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, Director Charles Alvin Meloy sold 7,857 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $183.27, for a total transaction of $1,439,952.39. Following the transaction, the director owned 974,149 shares in the company, valued at approximately $178,532,287.23. The trade was a 0.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 174,321 shares of company stock worth $32,090,475. Insiders own 0.64% of the company’s stock.

Diamondback Energy Company 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.