Vanguard Personalized Indexing Management LLC Buys 14,203 Shares of Devon Energy Corporation $DVN

Vanguard Personalized Indexing Management LLC grew its stake in Devon Energy Corporation (NYSE:DVN) by 11.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 135,375 shares of the energy company’s stock after acquiring an additional 14,203 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Devon Energy were worth $4,746,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. TD Asset Management Inc lifted its holdings in Devon Energy by 6.4% in the second quarter. TD Asset Management Inc now owns 267,322 shares of the energy company’s stock valued at $8,504,000 after acquiring an additional 16,106 shares during the period. Greatmark Investment Partners Inc. increased its position in shares of Devon Energy by 5.6% during the 3rd quarter. Greatmark Investment Partners Inc. now owns 571,925 shares of the energy company’s stock valued at $20,052,000 after purchasing an additional 30,435 shares during the last quarter. Natixis increased its position in shares of Devon Energy by 101.4% during the 2nd quarter. Natixis now owns 73,902 shares of the energy company’s stock valued at $2,351,000 after purchasing an additional 37,211 shares during the last quarter. CWM LLC increased its position in shares of Devon Energy by 70.0% during the 3rd quarter. CWM LLC now owns 336,861 shares of the energy company’s stock valued at $11,810,000 after purchasing an additional 138,717 shares during the last quarter. Finally, Stephens Inc. AR lifted its stake in shares of Devon Energy by 90.4% in the 2nd quarter. Stephens Inc. AR now owns 72,546 shares of the energy company’s stock worth $2,308,000 after purchasing an additional 34,448 shares during the period. 69.72% of the stock is currently owned by institutional investors.

Devon Energy Stock Up 1.0%

DVN opened at $39.85 on Thursday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.87 and a current ratio of 0.96. Devon Energy Corporation has a fifty-two week low of $25.89 and a fifty-two week high of $39.99. The firm’s fifty day moving average is $36.81 and its 200 day moving average is $34.92. The stock has a market cap of $25.00 billion, a price-to-earnings ratio of 9.38, a price-to-earnings-growth ratio of 3.61 and a beta of 0.60.

Devon Energy (NYSE:DVN) last issued its quarterly earnings results on Wednesday, November 5th. The energy company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.11. The business had revenue of $0.00 million during the quarter, compared to analyst estimates of $4.10 billion. Devon Energy had a return on equity of 18.14% and a net margin of 15.56%.During the same quarter in the prior year, the business posted $1.10 EPS. On average, sell-side analysts forecast that Devon Energy Corporation will post 4.85 earnings per share for the current fiscal year.

Devon Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were given a dividend of $0.24 per share. The ex-dividend date was Monday, December 15th. This represents a $0.96 annualized dividend and a dividend yield of 2.4%. Devon Energy’s dividend payout ratio (DPR) is currently 22.59%.

More Devon Energy News

Here are the key news stories impacting Devon Energy this week:

• Positive Sentiment: Siebert Williams Shank raised its price target on Devon to $50, a bullish signal that can attract buyers and support further upside if investors follow the upgraded target. Read More.
• Positive Sentiment: Within Zacks’ package of revisions there were small upward tweaks to a couple quarters (Q1 2026 to $0.96 from $0.95 and Q2 2027 to $1.06 from $1.03), which slightly offsets the negatives by nudging near-term EPS expectations higher for those periods. Read More.
• Neutral Sentiment: A Benzinga piece highlighting Devon’s five‑year share performance may help longer‑term sentiment and retail interest, but it is unlikely to move the stock materially on its own. Read More.
• Negative Sentiment: Zacks Research downgraded Devon from “Hold” to a firm “Strong Sell” — a reputational negative that tends to pressure flows and could prompt some portfolio managers to reduce exposure. Read More.
• Negative Sentiment: Zacks cut multiple earnings forecasts across FY2026 and FY2027 (FY2026 to $3.68 from $3.71; FY2027 to $4.45 from $4.55) and trimmed several quarterly EPS forecasts. The net effect is lower analyst earnings expectations, which is bearish for the stock’s near‑term valuation. Read More.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DVN. Benchmark restated a “buy” rating on shares of Devon Energy in a research report on Friday, January 16th. Zacks Research downgraded shares of Devon Energy from a “hold” rating to a “strong sell” rating in a research report on Monday. JPMorgan Chase & Co. reduced their price objective on Devon Energy from $44.00 to $41.00 and set an “overweight” rating for the company in a research note on Thursday, January 15th. Morgan Stanley lowered their target price on Devon Energy from $48.00 to $46.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Finally, BMO Capital Markets cut their price target on Devon Energy from $48.00 to $45.00 and set an “outperform” rating for the company in a report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $44.76.

About Devon Energy

Devon Energy Corporation (NYSE: DVN) is an independent oil and gas exploration and production company headquartered in Oklahoma City, Oklahoma. The company focuses on the exploration, development, production and marketing of hydrocarbons, including crude oil, natural gas liquids (NGLs) and natural gas. Devon operates as an upstream energy company that acquires, evaluates and develops onshore resource plays using a combination of drilling, completion and production optimization techniques.

Core business activities include identifying and developing energy reserves, operating well programs and managing reservoir performance to generate production and cash flow.