Ovintiv Q3 EPS Estimate Reduced by Capital One Financial

Ovintiv Inc. (NYSE:OVV) – Research analysts at Capital One Financial decreased their Q3 2025 earnings per share (EPS) estimates for Ovintiv in a research report issued on Wednesday, October 15th. Capital One Financial analyst P. Johnston now anticipates that the company will earn $0.88 per share for the quarter, down from their prior forecast of $0.94. The consensus estimate for Ovintiv’s current full-year earnings is $5.59 per share.

Other equities research analysts also recently issued research reports about the company. Royal Bank Of Canada set a $55.00 price target on Ovintiv and gave the stock an “outperform” rating in a research report on Wednesday. TD Cowen upgraded Ovintiv to a “strong-buy” rating in a research note on Monday, July 7th. Weiss Ratings restated a “hold (c-)” rating on shares of Ovintiv in a research note on Wednesday, October 8th. UBS Group upped their target price on Ovintiv from $51.00 to $52.00 and gave the stock a “buy” rating in a research note on Wednesday, August 20th. Finally, Roth Capital initiated coverage on Ovintiv in a research note on Monday. They set a “neutral” rating and a $42.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $51.29.

Ovintiv Trading Down 2.3%

Shares of NYSE:OVV opened at $36.42 on Thursday. The company has a market capitalization of $9.36 billion, a P/E ratio of 16.12, a P/E/G ratio of 5.34 and a beta of 0.97. Ovintiv has a 1 year low of $29.80 and a 1 year high of $47.18. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.43 and a quick ratio of 0.43. The business’s 50 day simple moving average is $40.54 and its 200 day simple moving average is $38.70.

Ovintiv (NYSE:OVV) last issued its quarterly earnings results on Thursday, July 24th. The company reported $1.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.02). The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.92 billion. Ovintiv had a return on equity of 14.24% and a net margin of 6.46%.

Ovintiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 15th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, September 15th. Ovintiv’s dividend payout ratio is presently 53.10%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OVV. Charles Schwab Investment Management Inc. raised its position in Ovintiv by 383.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,258,570 shares of the company’s stock worth $396,267,000 after purchasing an additional 7,344,796 shares during the last quarter. AQR Capital Management LLC raised its position in Ovintiv by 69.7% during the 1st quarter. AQR Capital Management LLC now owns 5,572,732 shares of the company’s stock worth $238,513,000 after purchasing an additional 2,288,989 shares during the last quarter. Adage Capital Partners GP L.L.C. raised its position in Ovintiv by 143.8% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 3,739,237 shares of the company’s stock worth $142,278,000 after purchasing an additional 2,205,233 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in Ovintiv during the 1st quarter worth $56,865,000. Finally, Qube Research & Technologies Ltd bought a new position in Ovintiv during the 2nd quarter worth $41,701,000. 83.81% of the stock is currently owned by institutional investors.

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.