Vanguard Personalized Indexing Management LLC Grows Position in Devon Energy Corporation $DVN

Vanguard Personalized Indexing Management LLC increased its stake in shares of Devon Energy Corporation (NYSE:DVN) by 11.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund 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.

A number of other institutional investors and hedge funds also recently bought and sold shares of DVN. Caldwell Trust Co purchased a new stake in Devon Energy in the 2nd quarter worth $25,000. PFS Partners LLC purchased a new position in shares of Devon Energy during the third quarter valued at about $25,000. First Horizon Corp bought a new stake in shares of Devon Energy in the third quarter worth about $26,000. Trust Co. of Vermont lifted its position in shares of Devon Energy by 241.3% in the second quarter. Trust Co. of Vermont now owns 942 shares of the energy company’s stock worth $30,000 after buying an additional 666 shares in the last quarter. Finally, ORG Partners LLC lifted its position in shares of Devon Energy by 65.7% in the third quarter. ORG Partners LLC now owns 888 shares of the energy company’s stock worth $31,000 after buying an additional 352 shares in the last quarter. 69.72% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on DVN shares. Mizuho raised their price target on Devon Energy from $40.00 to $43.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Devon Energy in a research report on Monday, December 29th. Wells Fargo & Company boosted their price target on shares of Devon Energy from $37.00 to $43.00 and gave the stock an “overweight” rating in a research report on Tuesday. JPMorgan Chase & Co. decreased their price target on shares of Devon Energy from $44.00 to $41.00 and set an “overweight” rating on the stock in a research note on Thursday, January 15th. Finally, Morgan Stanley lowered their price objective on shares of Devon Energy from $48.00 to $46.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $44.76.

Key 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.

Devon Energy Stock Performance

NYSE:DVN opened at $39.85 on Thursday. The firm has a market capitalization of $25.00 billion, a PE ratio of 9.38, a PEG ratio of 3.61 and a beta of 0.60. The stock’s fifty day moving average is $36.81 and its 200 day moving average is $34.92. Devon Energy Corporation has a fifty-two week low of $25.89 and a fifty-two week high of $39.99. 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 (NYSE:DVN) last posted its quarterly earnings data on Wednesday, November 5th. The energy company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.11. Devon Energy had a net margin of 15.56% and a return on equity of 18.14%. The business had revenue of $0.00 million for the quarter, compared to analysts’ expectations of $4.10 billion. During the same quarter in the previous year, the business posted $1.10 earnings per share. On average, sell-side analysts anticipate that Devon Energy Corporation will post 4.85 earnings per share for the current year.

Devon Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Monday, December 15th. Devon Energy’s dividend payout ratio is 22.59%.

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.