Tejara Capital Ltd Makes New Investment in Ovintiv Inc. $OVV

Tejara Capital Ltd acquired a new position in shares of Ovintiv Inc. (NYSE:OVV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 101,700 shares of the company’s stock, valued at approximately $3,986,000. Ovintiv makes up 0.9% of Tejara Capital Ltd’s investment portfolio, making the stock its 20th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP increased its holdings in Ovintiv by 25.8% during the third quarter. Dimensional Fund Advisors LP now owns 9,389,865 shares of the company’s stock worth $379,165,000 after buying an additional 1,927,193 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Ovintiv by 12.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 5,888,500 shares of the company’s stock worth $237,747,000 after purchasing an additional 649,819 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Ovintiv by 263.8% in the 3rd quarter. AQR Capital Management LLC now owns 4,949,637 shares of the company’s stock valued at $199,866,000 after purchasing an additional 3,589,030 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Ovintiv by 8.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,740,750 shares of the company’s stock valued at $110,671,000 after purchasing an additional 216,153 shares during the period. Finally, Holocene Advisors LP lifted its stake in Ovintiv by 5.1% in the 3rd quarter. Holocene Advisors LP now owns 2,619,615 shares of the company’s stock valued at $105,780,000 after purchasing an additional 126,245 shares during the last quarter. 83.81% of the stock is owned by institutional investors.

Ovintiv News Roundup

Here are the key news stories impacting Ovintiv this week:

• Positive Sentiment: Royal Bank of Canada reaffirmed its outperform rating on Ovintiv and kept a $70 price target, implying meaningful upside from recent trading levels. RBC maintains Ovintiv’s outperform rating
• Positive Sentiment: Truist Financial also reiterated a buy rating and set a $70 price target, signaling continued confidence in Ovintiv’s valuation and earnings outlook. Truist/Ovintiv price target update
• Positive Sentiment: Mizuho raised its price target to $69 and maintained an outperform rating, adding to the cluster of favorable analyst revisions around the stock. Mizuho raises Ovintiv price target
• Positive Sentiment: UBS and Evercore ISI both reaffirmed buy ratings, while other notes highlighted constructive views on Ovintiv and the energy sector more broadly. UBS reaffirms buy rating
• Positive Sentiment: Ovintiv’s Q1 2026 earnings call highlighted strong cash flow and strategic debt management, which supports investor confidence in financial flexibility and capital returns. Ovintiv Q1 2026 earnings call highlights
• Neutral Sentiment: Zacks published a value-investing screen on Ovintiv, but it did not include a clear new catalyst by itself. Zacks value investor article

Insiders Place Their Bets

In related news, Director Howard John Mayson sold 5,000 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $52.39, for a total value of $261,950.00. Following the transaction, the director directly owned 45,780 shares in the company, valued at approximately $2,398,414.20. This represents a 9.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Meghan Nicole Eilers sold 11,582 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $54.78, for a total transaction of $634,461.96. Following the transaction, the executive vice president directly owned 54,092 shares in the company, valued at approximately $2,963,159.76. This represents a 17.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.85% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

OVV has been the topic of a number of recent analyst reports. Mizuho boosted their price target on Ovintiv from $68.00 to $69.00 and gave the stock an “outperform” rating in a research report on Wednesday. Wells Fargo & Company raised their price objective on Ovintiv from $55.00 to $57.00 and gave the company an “equal weight” rating in a research report on Thursday. Roth Mkm lifted their target price on Ovintiv from $42.00 to $50.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 24th. JPMorgan Chase & Co. initiated coverage on Ovintiv in a report on Wednesday, February 25th. They set an “overweight” rating and a $58.00 target price on the stock. Finally, Barclays raised their price target on Ovintiv from $62.00 to $68.00 and gave the company an “overweight” rating in a report on Tuesday. Fourteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $62.16.

Ovintiv Trading Up 0.9%

Shares of OVV stock opened at $58.33 on Friday. Ovintiv Inc. has a 12-month low of $34.88 and a 12-month high of $63.46. The company has a market capitalization of $16.39 billion, a PE ratio of 18.82, a price-to-earnings-growth ratio of 1.57 and a beta of 0.57. The firm has a 50 day moving average price of $57.09 and a two-hundred day moving average price of $46.96. The company has a quick ratio of 0.54, a current ratio of 0.56 and a debt-to-equity ratio of 0.48.

Ovintiv (NYSE:OVV) last announced its earnings results on Monday, May 11th. The company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.85 by $0.15. The company had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.38 billion. Ovintiv had a return on equity of 13.14% and a net margin of 8.51%. As a group, analysts predict that Ovintiv Inc. will post 7.82 earnings per share for the current year.

Ovintiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.30 per share. The ex-dividend date is Monday, June 15th. This represents a $1.20 annualized dividend and a yield of 2.1%. Ovintiv’s dividend payout ratio (DPR) is presently 38.71%.

Ovintiv Company Profile

Ovintiv Inc is a North American energy company focused on the exploration, development and production of oil, natural gas and natural gas liquids. Formerly known as Encana Corporation, the company rebranded as Ovintiv in January 2020 and established its headquarters in Denver, Colorado. Ovintiv’s upstream portfolio spans multiple unconventional resource plays, reflecting a strategy centered on high-return projects and disciplined capital allocation.

The company’s core business activities include the acquisition and development of acreage in major shale basins across the United States and Canada.