MQS Management LLC Takes Position in Ovintiv Inc. $OVV

Posted by Francis Steltz on May 24th, 2026

MQS Management LLC purchased a new stake in shares of Ovintiv Inc. (NYSE:OVV – Free Report) during the 4th quarter, Holdings Channel reports. The fund purchased 9,405 shares of the company’s stock, valued at approximately $369,000.

Several other large investors have also made changes to their positions in OVV. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Ovintiv during the third quarter valued at $36,000. Flagship Harbor Advisors LLC acquired a new position in shares of Ovintiv during the fourth quarter valued at $38,000. IFP Advisors Inc lifted its stake in shares of Ovintiv by 58.4% during the third quarter. IFP Advisors Inc now owns 1,340 shares of the company’s stock valued at $54,000 after acquiring an additional 494 shares during the period. Advisory Services Network LLC acquired a new position in shares of Ovintiv during the third quarter valued at $58,000. Finally, CIBC Private Wealth Group LLC lifted its stake in Ovintiv by 258.2% in the third quarter. CIBC Private Wealth Group LLC now owns 1,576 shares of the company’s stock valued at $64,000 after buying an additional 1,136 shares during the period. Institutional investors and hedge funds own 83.81% of the company’s stock.

Ovintiv Stock Down 0.2%

Shares of Ovintiv stock opened at $58.75 on Friday. Ovintiv Inc. has a 1 year low of $34.99 and a 1 year high of $63.46. The business has a 50-day moving average of $57.89 and a two-hundred day moving average of $47.85. The company has a market capitalization of $16.51 billion, a P/E ratio of 18.95 and a beta of 0.57. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.56 and a quick ratio of 0.56.

Ovintiv (NYSE:OVV – Get Free Report) last announced its quarterly earnings results on Monday, May 11th. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.15. Ovintiv had a return on equity of 13.14% and a net margin of 8.51%.The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.38 billion. As a group, equities analysts predict that Ovintiv Inc. will post 8.5 EPS for the current year.

Ovintiv Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, June 15th. Ovintiv’s dividend payout ratio is 38.71%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on OVV shares. Stephens raised Ovintiv to a “hold” rating in a research note on Tuesday, February 3rd. Morgan Stanley started coverage on Ovintiv in a research note on Friday, March 27th. They issued an “equal weight” rating and a $68.00 target price on the stock. Weiss Ratings lowered Ovintiv from a “buy (b-)” rating to a “hold (c)” rating in a research note on Tuesday, May 12th. Wells Fargo & Company increased their target price on Ovintiv from $55.00 to $57.00 and gave the company an “equal weight” rating in a research note on Thursday, May 14th. Finally, Mizuho increased their target price on Ovintiv from $68.00 to $69.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $62.32.

View Our Latest Analysis on OVV

Insider Activity

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

About Ovintiv

(Free Report)

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.