Diversified Energy Company PLC $DEC Holdings Reduced by JPMorgan Chase & Co.

09 Apr 2026, 09:13 by Sarita Garza · The Markets Daily

JPMorgan Chase & Co. decreased its position in Diversified Energy Company PLC (NYSE:DEC – Free Report) by 28.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 104,540 shares of the company’s stock after selling 42,584 shares during the period. JPMorgan Chase & Co.’s holdings in Diversified Energy were worth $1,465,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of DEC. Ameriprise Financial Inc. bought a new position in Diversified Energy in the 2nd quarter worth about $53,894,000. Citadel Advisors LLC grew its position in Diversified Energy by 47.6% in the 3rd quarter. Citadel Advisors LLC now owns 2,379,205 shares of the company’s stock worth $33,333,000 after purchasing an additional 767,378 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Diversified Energy by 177.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,187,856 shares of the company’s stock worth $16,060,000 after purchasing an additional 760,428 shares during the last quarter. Alyeska Investment Group L.P. grew its position in Diversified Energy by 211.3% in the 3rd quarter. Alyeska Investment Group L.P. now owns 550,000 shares of the company’s stock worth $7,706,000 after purchasing an additional 373,296 shares during the last quarter. Finally, Fortress Investment Group LLC bought a new position in Diversified Energy in the 3rd quarter worth about $4,977,000. Institutional investors own 26.51% of the company’s stock.

Insider Buying and Selling at Diversified Energy

In other news, Director Randall S. Wade sold 2,100,000 shares of the company’s stock in a transaction that occurred on Friday, January 9th. The shares were sold at an average price of $13.28, for a total value of $27,888,000.00. Following the completion of the sale, the director directly owned 7,501,585 shares of the company’s stock, valued at approximately $99,621,048.80. This represents a 21.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Analyst Upgrades and Downgrades

Several research analysts have commented on DEC shares. Citigroup upped their target price on shares of Diversified Energy from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Tuesday, March 17th. Mizuho upped their target price on shares of Diversified Energy from $26.00 to $27.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Truist Financial started coverage on shares of Diversified Energy in a research report on Tuesday, March 24th. They issued a “buy” rating and a $22.00 target price for the company. KeyCorp upped their target price on shares of Diversified Energy from $18.00 to $20.00 and gave the stock an “overweight” rating in a research report on Thursday, April 2nd. Finally, Wall Street Zen cut shares of Diversified Energy from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Diversified Energy presently has an average rating of “Moderate Buy” and an average price target of $21.80.

Read Our Latest Stock Report on DEC

Diversified Energy Trading Down 1.9%

Shares of NYSE:DEC opened at $16.57 on Thursday. The company has a 50 day moving average of $14.72 and a 200-day moving average of $14.17. The firm has a market cap of $1.20 billion, a P/E ratio of 11.27 and a beta of -0.23. Diversified Energy Company PLC has a twelve month low of $10.08 and a twelve month high of $18.90. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 2.73.

Diversified Energy (NYSE:DEC – Get Free Report) last issued its quarterly earnings results on Friday, February 6th. The company reported $2.28 earnings per share for the quarter. As a group, analysts anticipate that Diversified Energy Company PLC will post 0.18 earnings per share for the current fiscal year.

Diversified Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, May 29th. Diversified Energy’s dividend payout ratio is currently 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.