Assetmark Inc. Has $34.45 Million Stock Holdings in Diamondback Energy, Inc. $FANG

31 Oct 2025, 08:04 by Jessica Moore · The Cerbat Gem

Assetmark Inc. grew its stake in shares of Diamondback Energy, Inc. (NASDAQ:FANG – Free Report) by 11.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 250,702 shares of the oil and natural gas company’s stock after purchasing an additional 26,155 shares during the period. Assetmark Inc. owned approximately 0.09% of Diamondback Energy worth $34,446,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in FANG. Boston Partners increased its position in Diamondback Energy by 4.8% in the 1st quarter. Boston Partners now owns 5,418,840 shares of the oil and natural gas company’s stock valued at $861,961,000 after buying an additional 249,098 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Diamondback Energy by 2.3% in the first quarter. Bank of New York Mellon Corp now owns 4,257,247 shares of the oil and natural gas company’s stock worth $680,649,000 after acquiring an additional 94,177 shares in the last quarter. Diamond Hill Capital Management Inc. grew its stake in Diamondback Energy by 4.1% in the first quarter. Diamond Hill Capital Management Inc. now owns 2,932,484 shares of the oil and natural gas company’s stock valued at $468,846,000 after acquiring an additional 114,930 shares during the period. Wellington Management Group LLP increased its holdings in shares of Diamondback Energy by 27.3% during the first quarter. Wellington Management Group LLP now owns 1,950,160 shares of the oil and natural gas company’s stock valued at $311,792,000 after acquiring an additional 418,431 shares in the last quarter. Finally, Nuveen LLC bought a new stake in shares of Diamondback Energy during the first quarter valued at approximately $230,039,000. Institutional investors own 90.01% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on FANG. Scotiabank reiterated an “outperform” rating on shares of Diamondback Energy in a report on Thursday, October 9th. Morgan Stanley lowered their price objective on shares of Diamondback Energy from $186.00 to $184.00 and set an “overweight” rating on the stock in a report on Tuesday, October 14th. Wells Fargo & Company decreased their target price on shares of Diamondback Energy from $211.00 to $160.00 and set an “overweight” rating for the company in a research report on Friday, October 17th. Royal Bank Of Canada restated an “outperform” rating and issued a $173.00 target price on shares of Diamondback Energy in a report on Friday, October 10th. Finally, Piper Sandler dropped their price target on shares of Diamondback Energy from $228.00 to $222.00 and set an “overweight” rating on the stock in a research report on Thursday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $189.67.

Check Out Our Latest Research Report on FANG

Diamondback Energy Price Performance

Shares of NASDAQ FANG opened at $142.15 on Friday. The company has a market capitalization of $41.15 billion, a PE ratio of 10.10 and a beta of 1.04. The company has a quick ratio of 0.52, a current ratio of 0.55 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average price is $142.95 and its 200-day moving average price is $141.33. Diamondback Energy, Inc. has a twelve month low of $114.00 and a twelve month high of $186.07.

Diamondback Energy (NASDAQ:FANG – Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The oil and natural gas company reported $2.67 EPS for the quarter, missing analysts’ consensus estimates of $2.72 by ($0.05). Diamondback Energy had a return on equity of 9.48% and a net margin of 27.25%.The business had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter last year, the business posted $4.52 earnings per share. The business’s revenue was up 48.1% compared to the same quarter last year. On average, equities analysts anticipate that Diamondback Energy, Inc. will post 15.49 EPS for the current year.

Diamondback Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Thursday, August 14th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Thursday, August 14th. Diamondback Energy’s payout ratio is presently 28.43%.

Insider Buying and Selling at Diamondback Energy

In related news, Chairman Travis D. Stice sold 20,400 shares of the stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $142.80, for a total transaction of $2,913,120.00. Following the completion of the transaction, the chairman owned 102,145 shares in the company, valued at approximately $14,586,306. This represents a 16.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.70% of the company’s stock.

Diamondback Energy Profile

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