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Devon Energy (BIT:1DY6) Price Target Increased by 10.85% to 46.73

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Analysts raised Devon Energy’s (BIT:1DY6) one-year price target by 10.85% to €46.73, up from €42.15 in February 2026, reflecting bullish sentiment. The new target implies an 11.95% upside from the latest closing price of €41.74, with forecasts ranging from €32.95 to €60.61, signaling mixed but predominantly optimistic outlooks. Institutional ownership dropped 36.8% last quarter, with 1,161 funds holding 494 million shares—a 11.71% decline—though average portfolio allocation rose slightly to 0.27%. Major shareholders showed divergent moves: Victory Capital boosted its stake by 14.88%, while Geode Capital cut its allocation by 45.58% despite a minor 0.97% share increase. Kimmeridge Energy surged its holdings by 36.11%, contrasting with stable positions from EnCap funds, highlighting shifting institutional confidence.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Devon Energy (BIT:1DY6) Price Target Increased by 10.85% to 46.73 April 12, 2026 — 07:38 am EDT Written by George Maybach for Fintel-> The average one-year price target for Devon Energy (BIT:1DY6) has been revised to €46.73 / share. This is an increase of 10.85% from the prior estimate of €42.15 dated February 23, 2026. The price target is an average of many targets provided by analysts. The latest targets range from a low of €32.95 to a high of €60.61 / share. The average price target represents an increase of 11.95% from the latest reported closing price of €41.74 / share. What is the Fund Sentiment? There are 1,161 funds or institutions reporting positions in Devon Energy. This is an decrease of 676 owner(s) or 36.80% in the last quarter. Average portfolio weight of all funds dedicated to 1DY6 is 0.27%, an increase of 1.40%. Total shares owned by institutions decreased in the last three months by 11.71% to 494,051K shares. What are Other Shareholders Doing?

Geode Capital Management holds 19,178K shares representing 3.09% ownership of the company. In its prior filing, the firm reported owning 18,991K shares , representing an increase of 0.97%. The firm decreased its portfolio allocation in 1DY6 by 45.58% over the last quarter.

Victory Capital Management holds 13,917K shares representing 2.24% ownership of the company. In its prior filing, the firm reported owning 11,846K shares , representing an increase of 14.88%. The firm increased its portfolio allocation in 1DY6 by 18.46% over the last quarter. EnCap Energy Capital Fund XI holds 11,806K shares representing 1.90% ownership of the company. No change in the last quarter. EnCap Partners GP holds 10,446K shares representing 1.68% ownership of the company. No change in the last quarter.

Kimmeridge Energy Management Company holds 8,851K shares representing 1.42% ownership of the company. In its prior filing, the firm reported owning 5,655K shares , representing an increase of 36.11%. The firm increased its portfolio allocation in 1DY6 by 4.39% over the last quarter. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.Click to Learn MoreThis story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Fintel Fintel is a leading provider of financial data and insights for intelligent, data-driven investors. With coverage of over 75,000 listed companies on all major stock exchanges, Fintel has the most comprehensive coverage of global equities at prices individual investors can afford. Find out what Retail is Buying with our Retail Ownership and Funds Flow Leaderboard-> Check out our Gamma Squeeze Leaderboard for High-Conviction Trading Ideas-> For Best Dividend Investments, Check out our Dividend Leaderboard-> More articles by this source-> More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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