Deutsche Bank AG Acquires Shares of 879,697 Diamondback Energy, Inc. $FANG

Deutsche Bank AG acquired a new stake in shares of Diamondback Energy, Inc. (NASDAQ:FANG) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 879,697 shares of the oil and natural gas company’s stock, valued at approximately $154,633,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Boston Partners raised its holdings in shares of Diamondback Energy by 2.9% in the 3rd quarter. Boston Partners now owns 5,733,538 shares of the oil and natural gas company’s stock worth $821,649,000 after acquiring an additional 163,548 shares during the last quarter. Geode Capital Management LLC lifted its position in Diamondback Energy by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 5,621,120 shares of the oil and natural gas company’s stock valued at $844,073,000 after acquiring an additional 14,625 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Diamondback Energy by 11.5% in the 4th quarter. Bank of New York Mellon Corp now owns 5,159,365 shares of the oil and natural gas company’s stock valued at $775,607,000 after acquiring an additional 532,756 shares in the last quarter. Capital Research Global Investors boosted its stake in Diamondback Energy by 14.1% during the 4th quarter. Capital Research Global Investors now owns 4,332,885 shares of the oil and natural gas company’s stock valued at $651,363,000 after purchasing an additional 534,073 shares during the last quarter. Finally, Morgan Stanley boosted its stake in Diamondback Energy by 3.2% during the 4th quarter. Morgan Stanley now owns 3,828,941 shares of the oil and natural gas company’s stock valued at $575,605,000 after purchasing an additional 117,798 shares during the last quarter. 90.01% of the stock is owned by institutional investors.

Diamondback Energy News Roundup

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

• Positive Sentiment: Morgan Stanley reaffirmed its Equal Weight rating but raised or maintained a $216 price target, implying modest upside from the referenced price. The target provides some support, though the neutral rating limits the bullish signal. Morgan Stanley rating report
• Positive Sentiment: Zacks Research increased its FY2028 EPS forecast to $15.37 from $14.83, suggesting potential longer-term earnings improvement. Diamondback Energy valuation and pipeline venture article
• Neutral Sentiment: Analysts continue to rate FANG Hold or Equal Weight, indicating neither a strong bullish nor bearish consensus. Diamondback’s Permian-to-Katy gas pipeline strategy and participation in the Solitude Pipeline venture could broaden its midstream exposure, but the investment benefits remain dependent on execution and future cash flows. Diamondback Permian-to-Katy gas pipeline article
• Negative Sentiment: Zacks Research cut several near- and medium-term forecasts: Q3 2026 EPS to $2.70 from $4.32, Q4 2026 to $3.11 from $4.19, FY2026 to $16.52 from $18.11, FY2027 to $14.95 from $16.42, Q4 2027 to $3.08 from $3.87, and Q1 2028 to $3.12 from $3.57. Additional reductions affected Q2 and Q3 2027 estimates. These revisions outweigh the isolated FY2028 increase and are likely pressuring the stock.

Insider Transactions at Diamondback Energy

In related news, Director Charles Alvin Meloy sold 83,334 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $187.12, for a total value of $15,593,458.08. Following the transaction, the director owned 851,530 shares in the company, valued at approximately $159,338,293.60. This represents a 8.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Lawrence Plaumann sold 500 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $196.50, for a total value of $98,250.00. Following the transaction, the director directly owned 13,437 shares of the company’s stock, valued at approximately $2,640,370.50. This trade represents a 3.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 129,167 shares of company stock worth $24,714,309 in the last ninety days. Company insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Morgan Stanley downgraded Diamondback Energy from an “overweight” rating to an “equal weight” rating and set a $216.00 price objective for the company. in a research note on Wednesday. Raymond James Financial reaffirmed a “strong-buy” rating and set a $248.00 target price on shares of Diamondback Energy in a research report on Friday, July 31st. Sanford C. Bernstein upped their price target on Diamondback Energy from $237.00 to $241.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Wolfe Research reissued an “outperform” rating and issued a $206.00 price target on shares of Diamondback Energy in a research report on Tuesday, August 4th. Finally, UBS Group lowered their price target on Diamondback Energy from $246.00 to $243.00 and set a “buy” rating for the company in a research report on Tuesday, July 21st. Four investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Diamondback Energy has an average rating of “Moderate Buy” and a consensus target price of $222.21.

Diamondback Energy Stock Performance

NASDAQ FANG opened at $208.55 on Thursday. Diamondback Energy, Inc. has a 52-week low of $134.30 and a 52-week high of $214.51. The company has a 50-day simple moving average of $191.03 and a 200 day simple moving average of $188.74. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.45 and a current ratio of 0.47. The company has a market capitalization of $58.40 billion, a PE ratio of 40.65 and a beta of 0.43.

Diamondback Energy (NASDAQ:FANG) last announced its quarterly earnings data on Monday, August 3rd. The oil and natural gas company reported $6.48 EPS for the quarter, topping the consensus estimate of $6.08 by $0.40. The business had revenue of $5.56 billion for the quarter, compared to analyst estimates of $4.89 billion. Diamondback Energy had a net margin of 8.58% and a return on equity of 10.10%. The company’s revenue for the quarter was up 51.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.38 earnings per share. On average, research analysts predict that Diamondback Energy, Inc. will post 19.3 EPS for the current year.

Diamondback Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 13th will be paid a dividend of $1.10 per share. The ex-dividend date is Thursday, August 13th. This represents a $4.40 annualized dividend and a dividend yield of 2.1%. Diamondback Energy’s dividend payout ratio (DPR) is presently 85.77%.

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.