Varma Mutual Pension Insurance Co Purchases 28,600 Shares of Devon Energy Corporation $DVN

NodeGuardian · 2026-02-22T18:12:37+00:00

Varma Mutual Pension Insurance Co raised its stake in Devon Energy by 8.6%, acquiring 28,600 shares for a total of 361,470 shares worth $12.67 million. Other investors also boosted their holdings. Analyst consensus is a "Moderate Buy" with a target price of $46.24.

NodeGuardian

2026-02-22 18:12:37

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Varma Mutual Pension Insurance Co increased its stake in Devon Energy Corporation by 8.6% in the third quarter, purchasing an additional 28,600 shares to own a total of 361,470 shares valued at $12.67 million. Other institutional investors like AQR Capital Management LLC and Adage Capital Partners GP L.L.C. also significantly increased their holdings in DVN. Analyst ratings on Devon Energy are mixed, with a consensus of “Moderate Buy” and a target price of $46.24.

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