Woodmont Investment Counsel LLC Purchases 4,278 Shares of Diamondback Energy, Inc. $FANG

Woodmont Investment Counsel LLC lifted its position in shares of Diamondback Energy, Inc. (NASDAQ:FANG) by 9.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 51,595 shares of the oil and natural gas company’s stock after acquiring an additional 4,278 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in Diamondback Energy were worth $7,756,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in FANG. Flagship Harbor Advisors LLC acquired a new position in Diamondback Energy in the fourth quarter valued at approximately $25,000. JPL Wealth Management LLC acquired a new position in Diamondback Energy in the third quarter valued at approximately $26,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Diamondback Energy by 106.3% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 198 shares of the oil and natural gas company’s stock valued at $28,000 after buying an additional 102 shares during the period. Salomon & Ludwin LLC acquired a new position in Diamondback Energy in the third quarter valued at approximately $31,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in Diamondback Energy in the third quarter valued at approximately $38,000. Institutional investors own 90.01% of the company’s stock.

Key Stories Impacting Diamondback Energy

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

• Positive Sentiment: KeyCorp/KeyBanc materially raised EPS forecasts and reiterated an Overweight/Buy view with a $225 target — this lifts forward earnings expectations and supports valuation upside. KeyCorp Increases Earnings Estimates for Diamondback Energy
• Positive Sentiment: Diamondback launched tender offers for long‑term notes — proactive liability management that can reduce refinancing risk and support credit metrics if executions are favorable. Diamondback Energy Launches Tender Offers for Long-Term Notes
• Neutral Sentiment: Roth MKM (coverage reported) reiterated coverage while adjusting its target — a mixed/neutral signal because target changes were modest relative to the recent rally. Roth MKM Keeps Their Buy Rating on Diamondback
• Neutral Sentiment: Director sale disclosed under a pre‑arranged 10b5‑1 plan — notable dollar amount but routine execution under a plan, so watch for further insider activity but treat as neutral for now. SEC Form 4 Filing
• Negative Sentiment: WTI/Brent plunged after a conditional Iran ceasefire reduced geopolitical risk — the oil move is the primary immediate reason energy stocks, including Diamondback, are being sold. US Equity Indexes Surge, Crude Oil Plummets
• Negative Sentiment: Broad, sector‑wide declines in major oil names (Exxon, Chevron, Occidental) amplified risk‑off flows in energy—this spillover pressured mid‑caps and exploration names like FANG. Exxon Mobil Stock Is Falling. Why Energy Is Going From Record Gains to a Major Slump.
• Negative Sentiment: Roth Capital (coverage reported) moved to downgrade — adds to short‑term negative sentiment and headline pressure. Roth Capital downgrades Diamondback Energy (FANG)
• Negative Sentiment: Multiple media pieces highlighting FANG’s intraday decline are reinforcing selling momentum and may pressure liquidity/short‑term performance. Diamondback Energy (FANG) Stock Sinks As Market Gains

Insider Buying and Selling at Diamondback Energy

In related news, Director Charles Alvin Meloy sold 7,857 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $193.93, for a total value of $1,523,708.01. Following the completion of the transaction, the director owned 958,435 shares of the company’s stock, valued at approximately $185,869,299.55. This trade represents a 0.81% 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 hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Matt Zmigrosky sold 4,101 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $190.51, for a total transaction of $781,281.51. Following the completion of the transaction, the executive vice president directly owned 56,392 shares of the company’s stock, valued at approximately $10,743,239.92. This trade represents a 6.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,217,069 shares of company stock valued at $201,213,109 over the last quarter. 0.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Scotiabank upgraded shares of Diamondback Energy to a “strong-buy” rating in a report on Friday, March 27th. Benchmark lowered shares of Diamondback Energy from a “buy” rating to a “hold” rating in a report on Thursday, March 5th. Wells Fargo & Company increased their price objective on shares of Diamondback Energy from $171.00 to $202.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Piper Sandler increased their price objective on shares of Diamondback Energy from $215.00 to $248.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Finally, Raymond James Financial increased their target price on shares of Diamondback Energy from $210.00 to $240.00 and gave the stock a “strong-buy” rating in a report on Tuesday, March 17th. Five equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $202.57.

Diamondback Energy Trading Down 4.6%

FANG opened at $186.47 on Thursday. The firm’s fifty day moving average is $179.51 and its two-hundred day moving average is $159.00. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.40 and a current ratio of 0.42. The firm has a market cap of $52.45 billion, a PE ratio of 33.24 and a beta of 0.50. Diamondback Energy, Inc. has a twelve month low of $114.00 and a twelve month high of $204.91.

Diamondback Energy (NASDAQ:FANG) last posted its earnings results on Monday, February 23rd. The oil and natural gas company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $2.00 by ($0.26). Diamondback Energy had a return on equity of 8.08% and a net margin of 11.07%.The firm had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.41 billion. During the same quarter last year, the business posted $3.67 earnings per share. The company’s revenue for the quarter was down 9.0% on a year-over-year basis. Equities research analysts anticipate that Diamondback Energy, Inc. will post 15.49 EPS for the current year.

Diamondback Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, March 5th were issued a dividend of $1.05 per share. The ex-dividend date was Thursday, March 5th. This is a positive change from Diamondback Energy’s previous quarterly dividend of $1.00. This represents a $4.20 dividend on an annualized basis and a dividend yield of 2.3%. Diamondback Energy’s dividend payout ratio (DPR) is 74.87%.

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.