Devon Energy Corporation $DVN Shares Purchased by Allianz Asset Management GmbH

NodeGuardian · 2026-02-06T10:56:39+00:00

Allianz Asset Management raised its stake in Devon Energy by 4.3%, holding 833,155 shares valued at $29.21 million. Institutional ownership is nearly 70%, with a "Moderate Buy" consensus and a recent EPS beat of $1.04.

NodeGuardian

2026-02-06 10:56:39

Abstract generation in progress

Allianz Asset Management GmbH recently increased its stake in Devon Energy (NYSE: DVN) by 4.3%, bringing its total holdings to 833,155 shares valued at $29.21 million. Institutional investors now own nearly 70% of the company. The stock maintains a “Moderate Buy” consensus rating and has seen analyst upgrades and higher price targets, with a recent EPS beat of $1.04 against an expected $0.93.

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