Cenovus Energy Inc $CVE Shares Bought by Capital International Inc. CA

Posted by Geri Gentry on Jun 7th, 2026

Capital International Inc. CA grew its position in Cenovus Energy Inc (NYSE:CVE – Free Report) (TSE:CVE) by 26.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,525,223 shares of the oil and gas company’s stock after purchasing an additional 943,390 shares during the period. Capital International Inc. CA’s holdings in Cenovus Energy were worth $76,563,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of CVE. Financial Management Professionals Inc. acquired a new position in shares of Cenovus Energy in the fourth quarter valued at about $25,000. NBC Securities Inc. increased its holdings in shares of Cenovus Energy by 961.5% in the fourth quarter. NBC Securities Inc. now owns 1,656 shares of the oil and gas company’s stock valued at $28,000 after purchasing an additional 1,500 shares during the period. Geneos Wealth Management Inc. increased its holdings in shares of Cenovus Energy by 74.1% in the second quarter. Geneos Wealth Management Inc. now owns 3,253 shares of the oil and gas company’s stock valued at $44,000 after purchasing an additional 1,384 shares during the period. Advisory Services Network LLC acquired a new position in shares of Cenovus Energy in the third quarter valued at about $50,000. Finally, Allworth Financial LP boosted its stake in shares of Cenovus Energy by 32.2% in the third quarter. Allworth Financial LP now owns 3,025 shares of the oil and gas company’s stock worth $51,000 after buying an additional 737 shares during the last quarter. 51.19% of the stock is owned by institutional investors and hedge funds.

Cenovus Energy Stock Performance

Shares of Cenovus Energy stock opened at $28.25 on Friday. Cenovus Energy Inc has a one year low of $13.29 and a one year high of $32.07. The company has a market cap of $52.82 billion, a price-to-earnings ratio of 15.52 and a beta of 0.34. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.00 and a current ratio of 1.57. The business’s 50 day moving average price is $27.87 and its 200 day moving average price is $22.54.

Cenovus Energy (NYSE:CVE – Get Free Report) (TSE:CVE) last posted its earnings results on Wednesday, May 6th. The oil and gas company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.05. Cenovus Energy had a return on equity of 15.29% and a net margin of 9.53%.The company had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $9.47 billion. During the same quarter last year, the firm earned $0.47 earnings per share. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, research analysts predict that Cenovus Energy Inc will post 3.15 EPS for the current year.

Cenovus Energy Increases Dividend

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 dividend of $0.22 per share. This is a positive change from Cenovus Energy’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.88 dividend on an annualized basis and a yield of 3.1%. Cenovus Energy’s dividend payout ratio (DPR) is presently 32.42%.

Analyst Ratings Changes

A number of brokerages have recently commented on CVE. Royal Bank Of Canada upped their target price on Cenovus Energy from $45.00 to $47.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Raymond James Financial downgraded Cenovus Energy from a “strong-buy” rating to an “outperform” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group restated a “buy” rating on shares of Cenovus Energy in a research note on Wednesday, May 13th. Lake Street Capital set a $36.00 target price on Cenovus Energy in a research note on Wednesday, May 13th. Finally, UBS Group restated a “buy” rating on shares of Cenovus Energy in a research note on Thursday, April 9th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Cenovus Energy currently has an average rating of “Buy” and a consensus price target of $35.25.

Check Out Our Latest Stock Report on Cenovus Energy

Cenovus Energy Profile

(Free Report)

Cenovus Energy Inc is a Canadian integrated energy company engaged in the exploration, development and production of crude oil, natural gas liquids and natural gas, together with downstream refining and marketing activities. Headquartered in Calgary, Alberta, Cenovus operates a mix of oil sands thermal and dilbit assets, conventional oil and gas properties, and owns refining and midstream assets designed to move and process hydrocarbons into finished petroleum products for commercial markets.

The company was originally formed as a spin‑off from Encana Corporation in 2009 and has grown through organic development and strategic acquisitions.