Hodges Capital Management Inc. Sells 3,535 Shares of Diamondback Energy, Inc. $FANG

Hodges Capital Management Inc. reduced its holdings in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 22.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 12,291 shares of the oil and natural gas company’s stock after selling 3,535 shares during the period. Hodges Capital Management Inc.’s holdings in Diamondback Energy were worth $1,759,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Commerzbank Aktiengesellschaft FI lifted its stake in Diamondback Energy by 233.9% in the third 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Diamondback Energy by 9.6% during the third 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 acquiring an additional 10,289 shares during the period. Moloney Securities Asset Management LLC bought a new stake in Diamondback Energy in the 3rd quarter valued at $472,000. Massachusetts Financial Services Co. MA lifted its position in Diamondback Energy by 9.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,385,428 shares of the oil and natural gas company’s stock valued at $198,255,000 after acquiring an additional 122,921 shares in the last quarter. Finally, WoodTrust Financial Corp acquired a new position in Diamondback Energy in the 3rd quarter worth $1,624,000. Institutional investors own 90.01% of the company’s stock.

Diamondback Energy Stock Up 3.2%

FANG stock opened at $174.01 on Thursday. The company has a market cap of $49.83 billion, a price-to-earnings ratio of 12.09 and a beta of 0.63. Diamondback Energy, Inc. has a twelve month low of $114.00 and a twelve month high of $174.17. The business has a 50 day moving average price of $155.35 and a two-hundred day moving average price of $148.34. The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 0.35.

Trending Headlines about Diamondback Energy

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

• Positive Sentiment: Analysts and previews flag a likely Q4 beat driven by rising Permian production, tight cost control and a favorable ESP (earnings surprise predictor), which supports upside to the share price as investors price in another strong report. Diamondback Energy Q4 Earnings Preview: Another Beat Likely?
• Positive Sentiment: Zacks’ deeper Q4 preview notes that looking beyond headline revenue/EPS estimates into key operating metrics could reveal stronger-than-expected performance for the quarter, reinforcing bullish positioning ahead of the print. Diamondback (FANG) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
• Neutral Sentiment: Market coverage roundup: a recent MSN piece surveys Wall Street sentiment on FANG, useful for gauging buy/sell-side positioning but not providing a clear directional catalyst by itself. Is Wall Street bullish or bearish on Diamondback Energy stock?
• Negative Sentiment: Zacks Research has trimmed EPS forecasts across multiple quarters and fiscal years (examples: Q4 2025 cut to $1.86 from $1.91; FY2026 to $8.25 from $8.51; FY2027 to $9.25 from $9.49). Those downward revisions could limit upside if the company’s results fail to materially outpace these lowered expectations. (Multiple Zacks estimate updates summarized from recent research notes.)

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Sanford C. Bernstein dropped their price target on Diamondback Energy from $199.00 to $190.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Piper Sandler increased their price objective on Diamondback Energy from $215.00 to $218.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Citigroup dropped their target price on Diamondback Energy from $180.00 to $178.00 and set a “buy” rating on the stock in a research report on Tuesday, January 6th. Scotiabank set a $175.00 price target on Diamondback Energy in a research report on Friday, January 16th. Finally, Wall Street Zen cut shares of Diamondback Energy from a “hold” rating to a “sell” rating in a research note on Saturday, December 27th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Diamondback Energy presently has an average rating of “Buy” and a consensus price target of $185.90.

Insider Buying and Selling at Diamondback Energy

In other news, Director Charles Alvin Meloy sold 377,911 shares of Diamondback Energy stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $138.61, for a total value of $52,382,243.71. Following the completion of the transaction, the director owned 1,044,864 shares of the company’s stock, valued at $144,828,599.04. This trade represents a 26.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Fang Holdings Lp Sgf sold 1,000,000 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $162.88, for a total transaction of $162,880,000.00. Following the transaction, the insider owned 98,686,727 shares in the company, valued at $16,074,094,093.76. This represents a 1.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,438,516 shares of company stock valued at $225,026,921 over the last three months. 0.70% 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.