NewEdge Advisors LLC Has $7.11 Million Stake in Devon Energy Corporation $DVN

NewEdge Advisors LLC increased its stake in Devon Energy Corporation by 31.3% in the second quarter, bringing its total holding to 171,979 shares valued at $7.11 million. This increase follows Devon Energy's strong quarterly results, where it surpassed EPS and revenue estimates, and declared a quarterly dividend of $0.32 per share. Analysts currently maintain a "Moderate Buy" rating for Devon Energy, with a consensus price target of $59.30.