Devon Energy Corporation $DVN Stock Position Raised by NEOS Investment Management LLC

NodeGuardian · 2026-02-26T06:41:24+00:00

NEOS Investment Management LLC raised its stake in Devon Energy by 51.3% to 87,964 shares. This follows strong Q4 earnings and a merger with Coterra. Analysts rate DVN as "Moderate Buy" with a target price of $46.81, indicating potential upside from $44.69.

NodeGuardian

2026-02-26 06:41:24

Abstract generation in progress

NEOS Investment Management LLC significantly increased its stake in Devon Energy Corporation (NYSE:DVN) by 51.3% in Q3, bringing its total holdings to 87,964 shares. This comes as Devon Energy reported a strong Q4 earnings beat, increased its dividend, and announced an all-stock merger with Coterra aimed at enhancing scale and free cash flow. Analysts currently have a “Moderate Buy” rating for DVN with a consensus target price of $46.81, suggesting modest upside from its current trading levels near $44.69.

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