Ovintiv Inc. (NYSE:OVV - Free Report) - Zacks Research boosted their Q4 2025 earnings per share estimates for shares of Ovintiv in a report released on Monday, June 9th. Zacks Research analyst R. Department now anticipates that the company will earn $1.43 per share for the quarter, up from their previous estimate of $1.36. The consensus estimate for Ovintiv's current full-year earnings is $5.59 per share. Zacks Research also issued estimates for Ovintiv's Q2 2026 earnings at $1.09 EPS, Q4 2026 earnings at $1.42 EPS, FY2026 earnings at $4.87 EPS and Q1 2027 earnings at $1.27 EPS.
Ovintiv (NYSE:OVV - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.20 by $0.22. The company had revenue of $2.38 billion during the quarter, compared to analysts' expectations of $2.23 billion. Ovintiv had a return on equity of 17.87% and a net margin of 20.15%.
Several other brokerages have also recently issued reports on OVV. Scotiabank upgraded Ovintiv to a "strong-buy" rating in a research note on Wednesday, March 19th. Williams Trading set a $58.00 price objective on Ovintiv in a research note on Wednesday, March 5th. Mizuho dropped their target price on Ovintiv from $60.00 to $58.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 13th. BMO Capital Markets raised Ovintiv from a "market perform" rating to an "outperform" rating and increased their target price for the stock from $55.00 to $57.00 in a research report on Monday, March 24th. Finally, Wells Fargo & Company increased their target price on Ovintiv from $45.00 to $46.00 and gave the stock an "equal weight" rating in a research report on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Ovintiv currently has an average rating of "Buy" and an average target price of $55.00.
Check Out Our Latest Research Report on OVV
Ovintiv Stock Down 0.2%
Shares of Ovintiv stock traded down $0.09 on Thursday, hitting $40.53. 3,154,528 shares of the company's stock traded hands, compared to its average volume of 3,379,427. The firm's 50-day moving average is $35.46 and its 200 day moving average is $39.88. Ovintiv has a 52-week low of $29.80 and a 52-week high of $49.57. The stock has a market cap of $10.53 billion, a P/E ratio of 5.38 and a beta of 1.09. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.46.
Hedge Funds Weigh In On Ovintiv
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Ovintiv by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 30,423,206 shares of the company's stock valued at $1,302,113,000 after purchasing an additional 959,711 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Ovintiv by 383.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,258,570 shares of the company's stock worth $396,267,000 after acquiring an additional 7,344,796 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its position in Ovintiv by 3.5% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 8,437,152 shares of the company's stock worth $361,110,000 after acquiring an additional 284,656 shares during the period. Dimensional Fund Advisors LP boosted its position in Ovintiv by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,708,987 shares of the company's stock worth $244,338,000 after acquiring an additional 146,749 shares during the period. Finally, AQR Capital Management LLC boosted its position in Ovintiv by 69.7% during the 1st quarter. AQR Capital Management LLC now owns 5,572,732 shares of the company's stock worth $238,513,000 after acquiring an additional 2,288,989 shares during the period. Institutional investors and hedge funds own 83.81% of the company's stock.
Ovintiv Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a $0.30 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.96%. Ovintiv's dividend payout ratio (DPR) is 51.06%.
Ovintiv Company Profile
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Ovintiv Inc, together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. The company operates through USA Operations, Canadian Operations, and Market Optimization segments. Its principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta.
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