Miller Howard Investments 13F: New $1.3M Stake in FANG
Key Points
- Miller Howard Investments now holds 7,012 shares of Diamondback Energy, representing about 0.12% of its total portfolio valued at $1.08 billion.
- The stock recently traded around $207.13, which is about 0.7% above its closing price of $205.75 on October 23, 2026.
- Diamondback Energy has a dividend rate of $4.40, and its next earnings report is expected on November 2, 2026.
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Miller Howard Investments disclosed a new position of 7,012 shares in Diamondback Energy, Inc. (FANG) in a filing on October 26, 2026. This stake is valued at about $1,288,876. The filing indicates that this is a new buy for the fund, which ranks 27th out of 159 positions in its portfolio, accounting for 0.12% of its total reported value of approximately $1.08 billion.
Where Diamondback Energy Fits in Miller Howard Investments' Portfolio
Miller Howard's new position in Diamondback Energy represents a fresh stake, contributing to its overall portfolio.
Other Institutional Activity in Diamondback Energy
In recent activity, Barings reduced its holdings in Diamondback Energy by 13,498 shares, ending with 22,712 shares valued at about $4.17 million. Meanwhile, Boston Partners holds 5,850,054 shares worth approximately $1.21 billion after adding 83,045 shares.
Diamondback Energy, Inc. Stock Up 5.1%
As of October 27, 2026, Diamondback Energy shares were recently trading around $207.13, which is above the $205.75 closing price on October 23, 2026. The stock has shown strong performance, with a revenue growth rate of 52.5% year-over-year.
Recent Earnings
For the trailing twelve months, Diamondback Energy reported revenue of approximately $16.25 billion and an EPS of $5.15. The company's net margin stands at 9.0%, reflecting its profitability. The next earnings report is scheduled for November 2, 2026.
Dividend
Diamondback Energy has an annual dividend rate of $4.40 per share, with a payout ratio of 79.1%.
Analysts Set New Price Targets
On October 15, 2026, Scotiabank initiated coverage with a "Sector Outperform" rating and a price target of $250. UBS maintained a "Buy" rating with a price target of $253 on September 14, 2026, while Raymond James has a "Strong Buy" rating with a target of $255.
About Diamondback Energy
Diamondback Energy, Inc. is an independent oil and natural gas company based in Midland, TX. The firm focuses on acquiring and developing oil and gas reserves in the Permian Basin, primarily in West Texas. This new position by Miller Howard Investments reflects ongoing interest in the energy sector as prices fluctuate.
Bottom Line
Investors will be watching for Diamondback's next earnings report on November 2, 2026. Further institutional activity could provide insights into market sentiment regarding the stock. Miller Howard's new stake highlights its belief in the company's potential in the energy market.
Source: Miller Howard Investments's 13F filing on $FANG (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts