Devon Energy Corporation $DVN Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Devon Energy Corporation (NYSE:DVN) by 11.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 321,240 shares of the energy company’s stock after purchasing an additional 33,501 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.05% of Devon Energy worth $11,263,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. TD Asset Management Inc boosted its position in shares of Devon Energy by 6.4% in the second quarter. TD Asset Management Inc now owns 267,322 shares of the energy company’s stock worth $8,504,000 after acquiring an additional 16,106 shares during the last quarter. Natixis raised its stake in Devon Energy by 101.4% during the second quarter. Natixis now owns 73,902 shares of the energy company’s stock worth $2,351,000 after purchasing an additional 37,211 shares during the period. CWM LLC boosted its holdings in shares of Devon Energy by 70.0% in 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. Stephens Inc. AR grew its stake in shares of Devon Energy by 90.4% during the 2nd quarter. Stephens Inc. AR now owns 72,546 shares of the energy company’s stock valued at $2,308,000 after buying an additional 34,448 shares during the period. Finally, Scott & Selber Inc. purchased a new stake in shares of Devon Energy during the 2nd quarter valued at $2,455,000. Hedge funds and other institutional investors own 69.72% of the company’s stock.

Devon Energy Trading Up 1.7%

NYSE DVN opened at $38.63 on Friday. The stock has a market cap of $24.23 billion, a P/E ratio of 9.09, a PEG ratio of 3.50 and a beta of 0.60. The company’s fifty day simple moving average is $36.57 and its 200-day simple moving average is $34.81. The company has a current ratio of 0.96, a quick ratio of 0.87 and a debt-to-equity ratio of 0.48. Devon Energy Corporation has a 52 week low of $25.89 and a 52 week high of $39.19.

Devon Energy (NYSE:DVN) last released its quarterly earnings results on Wednesday, November 5th. The energy company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.11. Devon Energy had a net margin of 15.56% and a return on equity of 18.14%. The firm had revenue of $0.00 million for the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter in the previous year, the firm posted $1.10 EPS. Equities research analysts predict that Devon Energy Corporation will post 4.85 EPS for the current fiscal year.

Devon Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were paid a $0.24 dividend. The ex-dividend date was Monday, December 15th. This represents a $0.96 annualized dividend and a dividend yield of 2.5%. Devon Energy’s payout ratio is 22.59%.

Key Headlines Impacting Devon Energy

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

• Positive Sentiment: BofA raised its price target to $46 and kept a Buy rating, citing Devon’s resilient portfolio — a clear vote of confidence that can support further upside. BofA Lifts Devon Energy (DVN) PT to $46, Favoring Its Resilient Portfolio
• Positive Sentiment: Barclays analyst commentary flagged upside for DVN and said the stock is expected to rise, adding momentum to the bullish narrative. Devon Energy (NYSE:DVN) Stock Price Expected to Rise, Barclays Analyst Says
• Positive Sentiment: Investor’s Business Daily upgraded DVN’s relative price strength, a technical endorsement that often attracts momentum-focused traders. IBD rating upgrades: Devon Energy shows improved relative price strength
• Neutral Sentiment: Seeking Alpha published a bullish take noting “continued room to grow,” but this is an analytic view rather than a concrete catalyst. Devon Energy Has Continued Room To Grow
• Neutral Sentiment: Zacks noted DVN outperformed the market in the recent session (stock moved higher), but this is observational and not a fresh fundamental driver. Devon Energy (DVN) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Two analyst roundups (The Globe and Mail) discussed Devon alongside peers — useful context but no major new catalyst. Analysts Offer Insights on Energy Companies: Devon Energy (DVN) and Kinder Morgan (KMI)
• Neutral Sentiment: An American Banking News note raised a price target to $36 (a raise from prior levels but below current trading), which limits perceived upside relative to other higher PTs. Devon Energy (NYSE:DVN) Price Target Raised to $36.00
• Negative Sentiment: A Yahoo/Finance piece questioned whether investors should “reconsider” DVN after mixed share performance, flagging that some caution remains amid variable flows and market conditions. Is It Time To Reconsider Devon Energy (DVN) After Mixed Share Price Performance?

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Citigroup lifted their target price on Devon Energy from $43.00 to $44.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. Raymond James Financial boosted their target price on Devon Energy from $42.00 to $44.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. Jefferies Financial Group raised their price target on shares of Devon Energy from $33.00 to $36.00 and gave the company a “hold” rating in a report on Tuesday, January 20th. Mizuho lifted their price target on shares of Devon Energy from $40.00 to $43.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Finally, Benchmark reissued a “buy” rating on shares of Devon Energy in a research report on Friday, January 16th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $44.31.

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.