United Capital Management of KS Inc. Makes New Investment in Devon Energy Corporation $DVN

United Capital Management of KS Inc. acquired a new stake in shares of Devon Energy Corporation (NYSE:DVN) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 20,000 shares of the energy company’s stock, valued at approximately $701,000.

A number of other large investors have also bought and sold shares of DVN. Caldwell Trust Co acquired a new stake in Devon Energy during the 2nd quarter worth approximately $25,000. PFS Partners LLC acquired a new stake in shares of Devon Energy during the third quarter worth $25,000. First Horizon Corp bought a new stake in Devon Energy in the 3rd quarter valued at $26,000. Accredited Wealth Management LLC increased its holdings in Devon Energy by 61.6% during the 3rd quarter. Accredited Wealth Management LLC now owns 808 shares of the energy company’s stock worth $28,000 after purchasing an additional 308 shares in the last quarter. Finally, ORG Partners LLC raised its stake in shares of Devon Energy by 65.7% in the 3rd quarter. ORG Partners LLC now owns 888 shares of the energy company’s stock valued at $31,000 after purchasing an additional 352 shares during the period. 69.72% of the stock is owned by institutional investors.

Devon Energy Trading Up 2.4%

DVN stock opened at $44.53 on Friday. The company has a fifty day moving average price of $40.27 and a two-hundred day moving average price of $36.78. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.98 and a quick ratio of 0.90. The stock has a market cap of $27.61 billion, a price-to-earnings ratio of 10.68, a price-to-earnings-growth ratio of 4.33 and a beta of 0.56. Devon Energy Corporation has a one year low of $25.89 and a one year high of $46.15.

Devon Energy (NYSE:DVN) last issued its quarterly earnings data on Tuesday, February 17th. The energy company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.01. The firm had revenue of $17.19 billion during the quarter, compared to the consensus estimate of $3.67 billion. Devon Energy had a net margin of 15.37% and a return on equity of 16.28%. The business’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same period last year, the business posted $1.10 earnings per share. Equities analysts anticipate that Devon Energy Corporation will post 4.85 EPS for the current year.

Devon Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.2%. Devon Energy’s dividend payout ratio (DPR) is currently 23.02%.

Devon Energy News Summary

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

• Positive Sentiment: Piper Sandler raised its price target to $59 and kept an “overweight” rating, implying roughly 32.5% upside from the current price — a strong bullish signal for investors. Piper Sandler price-target raise
• Positive Sentiment: UBS increased its price target to $55 and reiterated a “buy” rating, suggesting ~23.5% upside — another analyst endorsement supporting share strength. UBS upgrade
• Positive Sentiment: AmericanBankingNews reports a raised price target to $55 (echoing other upward revisions), which reinforces bullish analyst sentiment around DVN. Price Target Raised to $55
• Positive Sentiment: Zacks Research upgraded Devon from “strong sell” to “hold” — a directional improvement in street sentiment that can attract marginal buyers. Zacks upgrade
• Positive Sentiment: Macro/sector note — a 247WallSt piece highlights that if oil rallies toward $100, U.S. E&P names (including Devon) would likely outperform, providing a bullish backdrop for energy stocks. Energy sector bullish thesis
• Neutral Sentiment: Major strategic item — Yahoo reports a proposed $58B all-stock merger between Devon and Coterra, creating one of the largest U.S. shale producers. The deal promises scale and cost synergies but introduces integration and capital-allocation uncertainty while oil prices shift. This is transformative but mixed in near-term risk/benefit. Devon–Coterra merger
• Negative Sentiment: Zacks reduced its Q1 EPS forecast for Devon, a reminder that near-term earnings estimates have been trimmed even as sentiment improves — this can cap upside or raise volatility. Q1 EPS Forecast Decreased
• Negative Sentiment: Separately, Zacks cut Q2 EPS estimates as well, which increases the risk that fundamentals will not fully back higher price targets in the near term. Q2 EPS Estimates Reduced

Analyst Ratings Changes

A number of research firms recently issued reports on DVN. Siebert Williams Shank increased their price objective on Devon Energy from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Citigroup raised their target price on shares of Devon Energy from $43.00 to $44.00 and gave the company a “buy” rating in a research report on Wednesday, December 17th. UBS Group boosted their price target on shares of Devon Energy from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday. Piper Sandler raised their price objective on Devon Energy from $55.00 to $59.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Capital One Financial dropped their target price on Devon Energy from $52.00 to $51.00 and set an “overweight” rating on the stock in a report on Tuesday, November 11th. Twenty-three investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Devon Energy currently has a consensus rating of “Moderate Buy” and an average target price of $48.00.

Devon Energy Profile

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.