Diamondback Energy, Inc. $FANG Stock Holdings Reduced by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. lowered its position in Diamondback Energy, Inc. (NASDAQ:FANG) by 5.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 107,082 shares of the oil and natural gas company’s stock after selling 6,427 shares during the period. Cullen Frost Bankers Inc.’s holdings in Diamondback Energy were worth $16,098,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Commerzbank Aktiengesellschaft FI increased its stake in Diamondback Energy by 233.9% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 12,673 shares of the oil and natural gas company’s stock valued at $1,814,000 after buying an additional 8,877 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Diamondback Energy by 9.6% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 117,733 shares of the oil and natural gas company’s stock worth $16,848,000 after buying an additional 10,289 shares during the last quarter. Moloney Securities Asset Management LLC bought a new position in shares of Diamondback Energy in the 3rd quarter valued at about $472,000. Assetmark Inc. grew its holdings in shares of Diamondback Energy by 2.4% in the 3rd quarter. Assetmark Inc. now owns 256,638 shares of the oil and natural gas company’s stock valued at $36,725,000 after acquiring an additional 5,936 shares in the last quarter. Finally, National Pension Service increased its position in shares of Diamondback Energy by 4.8% in the third quarter. National Pension Service now owns 354,481 shares of the oil and natural gas company’s stock valued at $50,726,000 after acquiring an additional 16,350 shares during the last quarter. Institutional investors own 90.01% of the company’s stock.

Analyst Upgrades and Downgrades

FANG has been the topic of a number of analyst reports. KeyCorp upped their price objective on Diamondback Energy from $196.00 to $225.00 and gave the stock an “overweight” rating in a research note on Thursday, April 2nd. UBS Group raised their target price on shares of Diamondback Energy from $240.00 to $245.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Mizuho upped their price target on shares of Diamondback Energy from $205.00 to $220.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 17th. Citigroup increased their price target on shares of Diamondback Energy from $225.00 to $245.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $242.00 price objective on shares of Diamondback Energy in a research report on Monday, April 27th. Five analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Diamondback Energy presently has an average rating of “Buy” and an average price target of $219.00.

More Diamondback Energy News

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

• Positive Sentiment: Zacks Research raised earnings estimates for Diamondback Energy for Q2, Q3, Q4 2026 and FY2027, and kept a Strong-Buy rating, signaling confidence in the company’s profit outlook. Diamondback Energy earnings estimate updates
• Positive Sentiment: Bernstein reiterated an Outperform rating and raised its price target to $241, suggesting Wall Street still sees upside if oil supply concerns keep crude prices firm. Bernstein reiterates outperform on Diamondback Energy
• Positive Sentiment: Multiple articles highlighted that WTI crude remains above $100 and that Permian producers like Diamondback may benefit from strong commodity pricing and efficiency gains, which supports upstream earnings expectations. Oil remains above 100 Permian stocks article
• Positive Sentiment: Diamondback announced a planned leadership transition with board backing, which can reduce uncertainty if investors view it as orderly and strategic. Leadership transition announcement
• Neutral Sentiment: Brokerage-summary articles repeatedly cited Diamondback as a low-beta energy name and one that screens well for steadier portfolios, but these pieces were largely general commentary rather than new company-specific catalysts.
• Neutral Sentiment: A MarketWatch note said Diamondback outperformed peers despite losses in the broader session, indicating relative resilience rather than a new fundamental catalyst. MarketWatch stock outperforms competitors

Diamondback Energy Stock Down 1.7%

FANG stock opened at $204.33 on Thursday. Diamondback Energy, Inc. has a fifty-two week low of $132.20 and a fifty-two week high of $214.51. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.56 and a quick ratio of 0.55. The stock has a market capitalization of $57.48 billion, a price-to-earnings ratio of 237.60 and a beta of 0.46. The business’s fifty day moving average price is $193.23 and its two-hundred day moving average price is $169.27.

Diamondback Energy (NASDAQ:FANG) last released its earnings results on Monday, May 4th. The oil and natural gas company reported $4.23 earnings per share for the quarter, beating analysts’ consensus estimates of $3.74 by $0.49. The firm had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $3.83 billion. Diamondback Energy had a return on equity of 7.76% and a net margin of 1.87%.The company’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company posted $4.54 EPS. On average, equities analysts anticipate that Diamondback Energy, Inc. will post 18.93 earnings per share for the current year.

Diamondback Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Thursday, May 14th. This is a boost from Diamondback Energy’s previous quarterly dividend of $1.05. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.2%. Diamondback Energy’s payout ratio is presently 511.63%.

Insider Activity at Diamondback Energy

In other Diamondback Energy news, CAO Teresa L. Dick sold 5,000 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $190.00, for a total value of $950,000.00. Following the completion of the transaction, the chief accounting officer owned 107,755 shares of the company’s stock, valued at $20,473,450. This represents a 4.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Steven E. West sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $188.35, for a total value of $1,130,100.00. Following the completion of the transaction, the director directly owned 4,484 shares of the company’s stock, valued at $844,561.40. This represents a 57.23% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 169,321 shares of company stock valued at $31,055,475. 0.64% of the stock is owned by company 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.