3,204,477 Shares in Diversified Energy Company PLC $DEC Purchased by Jupiter Asset Management Ltd.

Posted by Brenda Bartman on May 29th, 2026

Jupiter Asset Management Ltd. purchased a new stake in shares of Diversified Energy Company PLC (NYSE:DEC – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 3,204,477 shares of the company’s stock, valued at approximately $46,334,000.

Several other hedge funds have also bought and sold shares of DEC. Quarry LP grew its holdings in Diversified Energy by 1,595.2% in the third quarter. Quarry LP now owns 2,119 shares of the company’s stock worth $30,000 after purchasing an additional 1,994 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of Diversified Energy by 261.3% during the second quarter. Tower Research Capital LLC TRC now owns 5,069 shares of the company’s stock valued at $74,000 after purchasing an additional 3,666 shares during the last quarter. Guinness Asset Management LTD bought a new stake in shares of Diversified Energy in the 3rd quarter worth approximately $106,000. SG Americas Securities LLC purchased a new stake in shares of Diversified Energy in the 4th quarter worth approximately $111,000. Finally, AQR Capital Management LLC purchased a new stake in shares of Diversified Energy in the 1st quarter worth approximately $151,000. Institutional investors own 26.51% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on DEC. Stephens began coverage on Diversified Energy in a research note on Wednesday, April 15th. They set an “overweight” rating and a $24.00 price objective for the company. Citigroup lifted their price target on Diversified Energy from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Tuesday, March 17th. Zacks Research raised Diversified Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday. KeyCorp increased their price objective on shares of Diversified Energy from $18.00 to $20.00 and gave the company an “overweight” rating in a research report on Thursday, April 2nd. Finally, Weiss Ratings lowered shares of Diversified Energy from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $21.83.

Read Our Latest Report on DEC

Diversified Energy Stock Up 2.0%

Diversified Energy stock opened at $14.84 on Friday. Diversified Energy Company PLC has a 12 month low of $12.33 and a 12 month high of $18.90. The stock has a fifty day simple moving average of $16.14 and a two-hundred day simple moving average of $14.76. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 3.57. The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 10.09 and a beta of -0.34.

Diversified Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 28th will be given a $0.29 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.16 dividend on an annualized basis and a yield of 7.8%. Diversified Energy’s payout ratio is 78.91%.

About Diversified Energy

(Free Report)

Diversified Energy Company PLC (NYSE: DEC) is an independent oil and natural gas producer focused on the acquisition and optimization of legacy onshore assets in the United States. The company’s portfolio spans thousands of producing wells and extensive leasehold positions across core regions such as Appalachia, the Permian Basin and the Mid-Continent. By targeting mature properties, Diversified Energy seeks to enhance long-term recovery through operational efficiencies and capital discipline.

The company’s business model centers on fee-based infrastructure and midstream services that provide stable and predictable cash flows.