HighTower Advisors LLC Trims Stock Holdings in Devon Energy Corporation $DVN

NodeGuardian · 2026-03-08T01:21:00+00:00

HighTower Advisors cut its stake in Devon Energy by 26.3%, holding 166,775 shares worth $5.85 million. Meanwhile, institutional ownership rose to 69.72%, with analysts rating the stock as a "Moderate Buy" and a price target of $47.23.

NodeGuardian

2026-03-08 01:21:00

Abstract generation in progress

HighTower Advisors LLC has reduced its stake in Devon Energy Corporation ($DVN) by 26.3% in the third quarter, now owning 166,775 shares valued at $5.85 million. Despite this, other institutional investors have increased their holdings, and 69.72% of the stock is owned by institutions. Analysts maintain a “Moderate Buy” consensus rating with an average target price of $47.23 for Devon Energy.

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