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

Ovintiv Inc. (NYSE:OVV) – Investment analysts at Zacks Research increased their Q2 2025 earnings estimates for shares of Ovintiv in a research report issued to clients and investors on Thursday, January 9th. Zacks Research analyst R. Department now expects that the company will post earnings of $1.00 per share for the quarter, up from their previous estimate of $0.98. The consensus estimate for Ovintiv’s current full-year earnings is $5.45 per share. Zacks Research also issued estimates for Ovintiv’s Q3 2025 earnings at $1.16 EPS, Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $4.50 EPS, Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $0.93 EPS, Q3 2026 earnings at $1.28 EPS, Q4 2026 earnings at $1.84 EPS and FY2026 earnings at $4.93 EPS.

A number of other analysts have also issued reports on the stock. Scotiabank boosted their price target on shares of Ovintiv from $50.00 to $53.00 and gave the stock a “sector outperform” rating in a research note on Monday, November 18th. UBS Group dropped their price target on shares of Ovintiv from $59.00 to $56.00 and set a “buy” rating on the stock in a research note on Monday, December 9th. Mizuho dropped their price target on shares of Ovintiv from $63.00 to $60.00 and set an “outperform” rating on the stock in a research note on Monday, December 16th. Citigroup dropped their price target on shares of Ovintiv from $55.00 to $54.00 and set a “buy” rating on the stock in a research note on Tuesday, November 26th. Finally, Evercore ISI dropped their price target on shares of Ovintiv from $60.00 to $54.00 and set an “outperform” rating on the stock in a research note on Monday, September 30th. Five investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $56.81.

Ovintiv Stock Up 2.7 %

Shares of NYSE:OVV opened at $43.57 on Friday. 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 market capitalization of $11.34 billion, a PE ratio of 5.78 and a beta of 2.63. The firm’s 50-day moving average is $42.03 and its two-hundred day moving average is $42.56. Ovintiv has a 1 year low of $36.90 and a 1 year high of $55.95.

Ovintiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date was Friday, December 13th. Ovintiv’s payout ratio is 15.92%.

Hedge Funds Weigh In On Ovintiv

Several hedge funds and other institutional investors have recently modified their holdings of the company. Hotchkis & Wiley Capital Management LLC lifted 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 in the last quarter. Pacer Advisors Inc. lifted its position in Ovintiv by 11,282.4% during the 3rd quarter. Pacer Advisors Inc. now owns 6,543,648 shares of the company’s stock worth $250,687,000 after acquiring an additional 6,486,159 shares in the last quarter. Smead Capital Management Inc. lifted its position in Ovintiv by 3.5% during the 3rd quarter. Smead Capital Management Inc. now owns 6,303,203 shares of the company’s stock worth $241,476,000 after acquiring an additional 212,535 shares in the last quarter. Geode Capital Management LLC lifted its position in Ovintiv by 4.7% during the 3rd quarter. Geode Capital Management LLC now owns 4,533,633 shares of the company’s stock worth $173,296,000 after acquiring an additional 205,409 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Ovintiv by 3.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,844,632 shares of the company’s stock worth $180,194,000 after acquiring an additional 142,296 shares in the last quarter. 83.81% of the stock is owned by institutional investors and hedge funds.

About Ovintiv

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.