Zacks Research Weighs in on Ovintiv’s Q2 Earnings (NYSE:OVV)

Ovintiv Inc. (NYSE:OVV) – Research analysts at Zacks Research upped their Q2 2025 earnings estimates for Ovintiv in a note issued to investors on Thursday, November 28th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.94 per share for the quarter, up from their prior estimate of $0.91. The consensus estimate for Ovintiv’s current full-year earnings is $5.31 per share. Zacks Research also issued estimates for Ovintiv’s Q4 2025 earnings at $1.25 EPS, FY2025 earnings at $4.27 EPS and FY2026 earnings at $4.41 EPS.

A number of other brokerages have also commented on OVV. Morgan Stanley decreased their price objective on Ovintiv from $53.00 to $51.00 and set an “equal weight” rating on the stock in a research report on Monday, September 16th. Siebert Williams Shank upgraded Ovintiv to a “strong-buy” rating in a report on Tuesday, October 15th. Truist Financial boosted their price objective on Ovintiv from $57.00 to $59.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Mizuho reduced their target price on shares of Ovintiv from $60.00 to $58.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 9th. Finally, UBS Group boosted their price target on shares of Ovintiv from $57.00 to $59.00 and gave the stock a “buy” rating in a research note on Monday, November 18th. Five research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $56.65.

Ovintiv Stock Performance

Shares of Ovintiv stock opened at $45.42 on Monday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.52 and a quick ratio of 0.52. The firm has a 50 day simple moving average of $41.94 and a 200 day simple moving average of $44.04. Ovintiv has a fifty-two week low of $36.90 and a fifty-two week high of $55.95. The firm has a market cap of $11.82 billion, a P/E ratio of 6.02 and a beta of 2.62.

Ovintiv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.20 annualized dividend and a yield of 2.64%. Ovintiv’s dividend payout ratio is presently 15.92%.

Institutional Investors Weigh In On Ovintiv

Several large investors have recently modified their holdings of OVV. Pacer Advisors Inc. boosted its holdings in shares of Ovintiv by 11,282.4% in the third quarter. Pacer Advisors Inc. now owns 6,543,648 shares of the company’s stock valued at $250,687,000 after buying an additional 6,486,159 shares during the period. AQR Capital Management LLC boosted its stake in Ovintiv by 114.9% in the 2nd quarter. AQR Capital Management LLC now owns 3,027,292 shares of the company’s stock worth $141,889,000 after purchasing an additional 1,618,556 shares during the period. Assenagon Asset Management S.A. increased its holdings in Ovintiv by 7,422.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,359,014 shares of the company’s stock worth $52,064,000 after purchasing an additional 1,340,947 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in shares of Ovintiv by 17.2% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 8,212,561 shares of the company’s stock valued at $314,623,000 after purchasing an additional 1,207,610 shares during the period. Finally, SIR Capital Management L.P. acquired a new stake in shares of Ovintiv in the 2nd quarter valued at about $22,732,000. 83.81% of the stock is currently owned by institutional investors.

Ovintiv Company Profile

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.