Northwestern Mutual Wealth Management Co. Increases Position in Diamondback Energy, Inc. $FANG

Northwestern Mutual Wealth Management Co. lifted its holdings in Diamondback Energy, Inc. (NASDAQ:FANG) by 236.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 88,478 shares of the oil and natural gas company’s stock after purchasing an additional 62,180 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Diamondback Energy were worth $13,301,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Flagship Harbor Advisors LLC acquired a new stake in Diamondback Energy in the 4th quarter worth about $25,000. Richardson Financial Services Inc. boosted its holdings in Diamondback Energy by 245.1% in the 4th quarter. Richardson Financial Services Inc. now owns 176 shares of the oil and natural gas company’s stock worth $26,000 after buying an additional 125 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new stake in Diamondback Energy in the 4th quarter worth about $26,000. JPL Wealth Management LLC acquired a new stake in Diamondback Energy in the 3rd quarter worth about $26,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in Diamondback Energy in the 3rd quarter worth about $38,000. 90.01% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Charles Alvin Meloy sold 7,857 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $189.20, for a total value of $1,486,544.40. Following the completion of the sale, the director directly owned 942,721 shares in the company, valued at $178,362,813.20. This represents a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 sale, the director owned 4,484 shares of the company’s stock, valued at $844,561.40. This trade represents a 57.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 169,321 shares of company stock valued at $31,055,475. Insiders own 0.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Susquehanna lifted their price objective on Diamondback Energy from $231.00 to $245.00 and gave the stock a “positive” rating in a report on Wednesday, May 6th. TD Cowen upgraded Diamondback Energy to a “strong-buy” rating in a report on Monday, February 9th. Raymond James Financial reiterated a “strong-buy” rating and issued a $242.00 price objective on shares of Diamondback Energy in a report on Monday, April 27th. Mizuho lifted their price objective on Diamondback Energy from $205.00 to $220.00 and gave the stock an “outperform” rating in a report on Tuesday, March 17th. Finally, UBS Group lifted their price objective on Diamondback Energy from $240.00 to $245.00 and gave the stock a “buy” rating in a report on Friday, April 10th. Five equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $219.00.

Key Stories Impacting Diamondback Energy

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 Price Performance

FANG stock opened at $204.33 on Thursday. 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 business has a 50 day simple moving average of $193.23 and a 200-day simple moving average of $169.27. The firm has a market capitalization of $57.48 billion, a PE ratio of 237.60 and a beta of 0.46. Diamondback Energy, Inc. has a 1 year low of $132.20 and a 1 year high of $214.51.

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

Diamondback Energy Increases Dividend

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

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.