Diamondback Energy, Inc. $FANG Stock Position Increased by Greenwood Capital Associates LLC

Posted by Brenda Bartman on Aug 30th, 2026

Greenwood Capital Associates LLC increased its position in Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) by 15.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,128 shares of the oil and natural gas company’s stock after buying an additional 3,873 shares during the quarter. Greenwood Capital Associates LLC’s holdings in Diamondback Energy were worth $5,120,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FANG. Greenleaf Trust grew its holdings in Diamondback Energy by 1.0% during the second quarter. Greenleaf Trust now owns 8,154 shares of the oil and natural gas company’s stock worth $1,433,000 after acquiring an additional 77 shares during the period. Capital Advisors Inc. OK raised its position in Diamondback Energy by 2.9% in the second quarter. Capital Advisors Inc. OK now owns 1,929 shares of the oil and natural gas company’s stock worth $339,000 after acquiring an additional 54 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Diamondback Energy by 42.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,353,016 shares of the oil and natural gas company’s stock worth $237,833,000 after acquiring an additional 402,004 shares in the last quarter. New Mexico Educational Retirement Board lifted its holdings in Diamondback Energy by 10.3% in the 2nd quarter. New Mexico Educational Retirement Board now owns 9,600 shares of the oil and natural gas company’s stock valued at $1,687,000 after acquiring an additional 900 shares during the last quarter. Finally, Royal London Asset Management Ltd. boosted its position in shares of Diamondback Energy by 2.0% during the 2nd quarter. Royal London Asset Management Ltd. now owns 124,549 shares of the oil and natural gas company’s stock valued at $21,893,000 after purchasing an additional 2,386 shares in the last quarter. Institutional investors own 90.01% of the company’s stock.

Insider Activity

In other Diamondback Energy news, EVP Matt Zmigrosky sold 5,000 shares of Diamondback Energy stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $200.54, for a total transaction of $1,002,700.00. Following the transaction, the executive vice president directly owned 46,392 shares in the company, valued at approximately $9,303,451.68. The trade was a 9.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark Lawrence Plaumann sold 500 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $196.50, for a total transaction of $98,250.00. Following the sale, the director directly owned 13,437 shares in the company, valued at approximately $2,640,370.50. This trade represents a 3.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 129,167 shares of company stock worth $24,714,309 in the last quarter. Insiders own 0.64% of the company’s stock.

Diamondback Energy Trading Down 1.4%

Shares of FANG opened at $197.67 on Friday. The business’s 50-day moving average price is $193.25 and its 200 day moving average price is $190.49. The company has a current ratio of 0.47, a quick ratio of 0.45 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $55.35 billion, a P/E ratio of 38.53 and a beta of 0.43. Diamondback Energy, Inc. has a 1-year low of $134.30 and a 1-year high of $216.90.

Diamondback Energy (NASDAQ:FANG – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The oil and natural gas company reported $6.48 EPS for the quarter, beating analysts’ consensus estimates of $6.08 by $0.40. Diamondback Energy had a net margin of 8.58% and a return on equity of 10.10%. The company had revenue of $5.56 billion during the quarter, compared to analyst estimates of $4.89 billion. During the same period in the prior year, the firm earned $2.38 earnings per share. The business’s quarterly revenue was up 51.2% on a year-over-year basis. Analysts expect that Diamondback Energy, Inc. will post 20.13 earnings per share for the current year.

Diamondback Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 13th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Thursday, August 13th. Diamondback Energy’s dividend payout ratio is 85.77%.

Analyst Ratings Changes

Several brokerages have recently issued reports on FANG. Wolfe Research reaffirmed an “outperform” rating and issued a $206.00 price objective on shares of Diamondback Energy in a research note on Tuesday, August 4th. Susquehanna increased their target price on shares of Diamondback Energy from $245.00 to $255.00 and gave the company a “positive” rating in a research note on Tuesday, July 21st. Wells Fargo & Company raised their target price on shares of Diamondback Energy from $262.00 to $263.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Citigroup reduced their target price on shares of Diamondback Energy from $221.00 to $220.00 and set a “buy” rating for the company in a report on Monday, August 10th. Finally, Roth Capital set a $212.00 price target on Diamondback Energy and gave the company a “buy” rating in a report on Monday, June 22nd. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $222.21.

Check Out Our Latest Stock Report on Diamondback Energy

About Diamondback Energy

(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.