Boston Partners Cuts Stake in Diamondback Energy, Inc. $FANG

Posted by Brian Himes on Jun 13th, 2026

Boston Partners cut its position in Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) by 2.7% during the fourth quarter, HoldingsChannel reports. The firm owned 5,576,501 shares of the oil and natural gas company’s stock after selling 157,037 shares during the quarter. Diamondback Energy accounts for 0.9% of Boston Partners’ holdings, making the stock its 17th biggest position. Boston Partners’ holdings in Diamondback Energy were worth $838,488,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Geode Capital Management LLC boosted its holdings in shares of 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 buying an additional 14,625 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Diamondback Energy by 11.5% during 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 increased its holdings 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 acquiring an additional 534,073 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Diamondback Energy by 9.6% during the third quarter. Invesco Ltd. now owns 3,120,359 shares of the oil and natural gas company’s stock worth $446,523,000 after buying an additional 274,331 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Diamondback Energy by 9.2% in the third quarter. Dimensional Fund Advisors LP now owns 2,355,480 shares of the oil and natural gas company’s stock valued at $337,078,000 after purchasing an additional 198,919 shares during the period. 90.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Diamondback Energy

In related news, Director Charles Alvin Meloy sold 7,857 shares of the business’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 transaction, the director directly owned 942,721 shares in the company, valued at approximately $178,362,813.20. The trade was a 0.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jere W. Thompson III sold 750 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $182.47, for a total value of $136,852.50. Following the completion of the transaction, the chief financial officer owned 19,975 shares of the company’s stock, valued at $3,644,838.25. This represents a 3.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 54,065 shares of company stock worth $10,551,236 over the last three months. Company insiders own 0.64% of the company’s stock.

Analyst Ratings Changes

FANG has been the topic of a number of recent research reports. Piper Sandler lifted their price target on shares of Diamondback Energy from $215.00 to $248.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Barclays lifted their price target on shares of Diamondback Energy from $225.00 to $232.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Susquehanna lifted their price objective on shares of Diamondback Energy from $231.00 to $245.00 and gave the company a “positive” rating in a research report on Wednesday, May 6th. Sanford C. Bernstein upped their price objective on shares of Diamondback Energy from $237.00 to $241.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Finally, Truist Financial set a $242.00 price objective on shares of Diamondback Energy in a research note on Wednesday, May 6th. Four equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Diamondback Energy has a consensus rating of “Moderate Buy” and an average price target of $223.63.

Get Our Latest Research Report on Diamondback Energy

Diamondback Energy Stock Up 0.3%

Shares of FANG stock opened at $192.13 on Friday. The stock has a market cap of $54.05 billion, a P/E ratio of 223.41 and a beta of 0.42. The stock has a fifty day moving average price of $195.70 and a 200 day moving average price of $175.36. Diamondback Energy, Inc. has a one year low of $134.30 and a one year 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.

Diamondback Energy (NASDAQ:FANG – Get Free Report) last issued its quarterly earnings data 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. Diamondback Energy had a return on equity of 7.76% and a net margin of 1.87%.The company had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $3.83 billion. During the same period last year, the business earned $4.54 earnings per share. The business’s revenue was up 4.7% on a year-over-year basis. Analysts predict that Diamondback Energy, Inc. will post 19.92 earnings per share for the current year.

Diamondback Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Thursday, May 14th. This is an increase from Diamondback Energy’s previous quarterly dividend of $1.05. Diamondback Energy’s dividend payout ratio is presently 511.63%.

Diamondback Energy Profile

(Free Report)

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.