Ovintiv Inc. $OVV Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its holdings in Ovintiv Inc. (NYSE:OVV) by 4.6% in the first quarter, Holdings Channel reports. The institutional investor owned 10,545,700 shares of the company’s stock after selling 513,634 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Ovintiv were worth $626,006,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in OVV. Integrated Wealth Concepts LLC grew its position in shares of Ovintiv by 70.9% in the first quarter. Integrated Wealth Concepts LLC now owns 9,127 shares of the company’s stock valued at $391,000 after purchasing an additional 3,788 shares during the period. Great Lakes Advisors LLC acquired a new position in shares of Ovintiv during the first quarter valued at approximately $202,000. Focus Partners Wealth raised its holdings in shares of Ovintiv by 49.3% during the first quarter. Focus Partners Wealth now owns 19,282 shares of the company’s stock valued at $825,000 after acquiring an additional 6,364 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Ovintiv by 47.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,830 shares of the company’s stock valued at $78,000 after acquiring an additional 589 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Ovintiv by 103.2% in the second quarter. EverSource Wealth Advisors LLC now owns 3,298 shares of the company’s stock valued at $126,000 after acquiring an additional 1,675 shares in the last quarter. 83.81% of the stock is owned by institutional investors and hedge funds.

Ovintiv Stock Up 0.1%

Shares of NYSE:OVV opened at $57.82 on Monday. Ovintiv Inc. has a 52-week low of $35.47 and a 52-week high of $63.46. The stock has a market cap of $16.25 billion, a P/E ratio of 18.65 and a beta of 0.53. The business has a fifty day moving average of $56.19 and a two-hundred day moving average of $52.46. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.48.

Ovintiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. Ovintiv’s payout ratio is presently 38.71%.

Key Headlines Impacting Ovintiv

Here are the key news stories impacting Ovintiv this week:

• Positive Sentiment: Citigroup lowered its price target on Ovintiv to $66 from $70, but kept a Buy rating, implying additional upside from current levels. Benzinga
• Positive Sentiment: Zacks Research raised several forward earnings estimates for Ovintiv, including Q3 2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027, FY2027, Q1 2028, Q2 2028 and FY2028, signaling expectations for continued earnings strength. MarketBeat
• Neutral Sentiment: Separately, Zacks Research trimmed its Q4 2026 EPS estimate slightly to $1.57 from $1.59 and maintained a Hold rating, which suggests some near-term caution ahead of earnings. MarketBeat
• Neutral Sentiment: Investors are also looking ahead to Ovintiv’s upcoming earnings report, with some market coverage noting the company still needs to prove it can deliver a beat. Zacks

Analyst Upgrades and Downgrades

OVV has been the subject of several research reports. Barclays boosted their price target on Ovintiv from $68.00 to $75.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Stephens decreased their price objective on Ovintiv from $71.00 to $68.00 and set an “equal weight” rating on the stock in a report on Friday. Roth Capital lifted their target price on shares of Ovintiv from $50.00 to $55.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 24th. Wall Street Zen lowered shares of Ovintiv from a “buy” rating to a “hold” rating in a report on Tuesday, June 30th. Finally, Weiss Ratings cut shares of Ovintiv from a “buy (b-)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Ovintiv has an average rating of “Moderate Buy” and an average price target of $65.63.

Ovintiv 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.