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

Ovintiv Inc. (NYSE:OVV) – Stock analysts at Zacks Research upped their Q2 2025 EPS estimates for Ovintiv in a report released on Thursday, January 9th. Zacks Research analyst R. Department now anticipates that the company will earn $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.

Several other research firms also recently issued reports on OVV. Truist Financial lifted their price target on shares of Ovintiv from $57.00 to $59.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Scotiabank upped their target price on shares of Ovintiv from $50.00 to $53.00 and gave the stock a “sector outperform” rating in a report on Monday, November 18th. Mizuho cut their price target on Ovintiv from $63.00 to $60.00 and set an “outperform” rating for the company in a research note on Monday, December 16th. JPMorgan Chase & Co. lowered their price objective on Ovintiv from $60.00 to $51.00 and set an “overweight” rating for the company in a research note on Thursday, September 12th. Finally, Barclays lifted their target price on Ovintiv from $53.00 to $57.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $56.59.

Ovintiv Trading Up 1.3 %

NYSE OVV opened at $42.41 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.46. Ovintiv has a 52 week low of $36.90 and a 52 week high of $55.95. The business has a 50 day moving average price of $41.94 and a 200-day moving average price of $42.59. The company has a market cap of $11.04 billion, a price-to-earnings ratio of 5.62 and a beta of 2.63.

Institutional Trading of Ovintiv

A number of hedge funds and other institutional investors have recently made changes to their positions in OVV. Nordea Investment Management AB increased its position in shares of Ovintiv by 25.3% during the fourth quarter. Nordea Investment Management AB now owns 19,716 shares of the company’s stock valued at $796,000 after buying an additional 3,986 shares during the period. Everence Capital Management Inc. bought a new position in Ovintiv in the 4th quarter valued at $449,000. Modus Advisors LLC grew its position in shares of Ovintiv by 3.1% during the 4th quarter. Modus Advisors LLC now owns 111,958 shares of the company’s stock valued at $4,534,000 after purchasing an additional 3,401 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Ovintiv by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 1,172,375 shares of the company’s stock worth $44,914,000 after purchasing an additional 5,832 shares during the period. Finally, Retirement Systems of Alabama raised its position in shares of Ovintiv by 4.4% in the third quarter. Retirement Systems of Alabama now owns 320,759 shares of the company’s stock worth $12,288,000 after buying an additional 13,536 shares in the last quarter. 83.81% of the stock is currently owned by institutional investors.

Ovintiv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.83%. The ex-dividend date was Friday, December 13th. Ovintiv’s dividend payout ratio (DPR) is currently 15.92%.

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.