Diamond Hill Capital Management LLC Investment Advisor Purchases New Stake in Adams Natural Resources Fund, Inc. $PEO

Posted by Geri Gentry on Aug 17th, 2026

Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in shares of Adams Natural Resources Fund, Inc. (NYSE:PEO – Free Report) during the second quarter, HoldingsChannel reports. The institutional investor purchased 349,945 shares of the financial services provider’s stock, valued at approximately $16,153,000.

Several other institutional investors also recently bought and sold shares of PEO. Saba Capital Management L.P. raised its stake in shares of Adams Natural Resources Fund by 0.4% in the 4th quarter. Saba Capital Management L.P. now owns 2,698,250 shares of the financial services provider’s stock valued at $58,660,000 after acquiring an additional 10,926 shares during the period. Adams Diversified Equity Fund Inc. boosted its position in Adams Natural Resources Fund by 1.9% during the 1st quarter. Adams Diversified Equity Fund Inc. now owns 2,621,907 shares of the financial services provider’s stock worth $72,889,000 after purchasing an additional 49,223 shares during the period. Lazard Asset Management LLC boosted its position in Adams Natural Resources Fund by 23.4% during the 3rd quarter. Lazard Asset Management LLC now owns 510,075 shares of the financial services provider’s stock worth $10,977,000 after purchasing an additional 96,622 shares during the period. Bank of New York Mellon Corp acquired a new stake in Adams Natural Resources Fund in the 2nd quarter valued at $14,657,000. Finally, Pathstone Holdings LLC increased its holdings in Adams Natural Resources Fund by 28.2% in the 3rd quarter. Pathstone Holdings LLC now owns 264,520 shares of the financial services provider’s stock valued at $5,692,000 after purchasing an additional 58,231 shares in the last quarter. 33.54% of the stock is currently owned by hedge funds and other institutional investors.

Adams Natural Resources Fund Price Performance

NYSE:PEO opened at $27.80 on Monday. The business’s 50-day moving average is $25.93 and its two-hundred day moving average is $26.09. Adams Natural Resources Fund, Inc. has a 12 month low of $20.75 and a 12 month high of $28.88.

Adams Natural Resources Fund Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Monday, July 27th will be paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 7.8%. This is an increase from Adams Natural Resources Fund’s previous quarterly dividend of $0.52. The ex-dividend date is Monday, July 27th.

Adams Natural Resources Fund Profile

(Free Report)

Adams Natural Resources Fund (NYSE: PEO) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. Listed on the New York Stock Exchange, the fund offers investors a way to access a diversified portfolio of companies engaged in the natural resources and energy sectors without investing directly in individual stocks or commodities.

The fund primarily invests in equity securities, including common and preferred stocks, of companies involved in exploration, production, processing, and distribution of oil, natural gas, coal and alternative energy sources.