Healthcare of Ontario Pension Plan Trust Fund Purchases 12,564,179 Shares of Cenovus Energy Inc $CVE

Posted by Geri Gentry on Jun 14th, 2026

Healthcare of Ontario Pension Plan Trust Fund boosted its position in Cenovus Energy Inc (NYSE:CVE – Free Report) (TSE:CVE) by 440.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,414,179 shares of the oil and gas company’s stock after acquiring an additional 12,564,179 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned 0.82% of Cenovus Energy worth $260,797,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ninepoint Partners LP raised its stake in shares of Cenovus Energy by 490.0% in the third quarter. Ninepoint Partners LP now owns 3,540,000 shares of the oil and gas company’s stock worth $60,145,000 after purchasing an additional 2,940,000 shares during the last quarter. Lighthouse Investment Partners LLC raised its stake in shares of Cenovus Energy by 29.1% in the third quarter. Lighthouse Investment Partners LLC now owns 484,000 shares of the oil and gas company’s stock worth $8,216,000 after purchasing an additional 109,000 shares during the last quarter. Canoe Financial LP purchased a new stake in shares of Cenovus Energy in the fourth quarter worth approximately $102,662,000. Massachusetts Financial Services Co. MA raised its stake in shares of Cenovus Energy by 24.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 17,935,599 shares of the oil and gas company’s stock worth $303,470,000 after purchasing an additional 3,507,525 shares during the last quarter. Finally, TD Asset Management Inc raised its stake in shares of Cenovus Energy by 3.6% in the fourth quarter. TD Asset Management Inc now owns 16,995,459 shares of the oil and gas company’s stock worth $287,897,000 after purchasing an additional 595,518 shares during the last quarter. Institutional investors own 51.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CVE shares. BMO Capital Markets reissued an “outperform” rating on shares of Cenovus Energy in a research note on Friday, February 20th. Royal Bank Of Canada increased their price objective on Cenovus Energy from $45.00 to $47.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. The Goldman Sachs Group reissued a “buy” rating on shares of Cenovus Energy in a research note on Wednesday, May 13th. TD Securities reissued a “buy” rating on shares of Cenovus Energy in a research note on Friday, February 20th. Finally, Raymond James Financial downgraded Cenovus Energy from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cenovus Energy has an average rating of “Buy” and a consensus target price of $35.25.

View Our Latest Analysis on Cenovus Energy

Cenovus Energy Price Performance

NYSE:CVE opened at $28.24 on Friday. The firm has a market capitalization of $52.79 billion, a price-to-earnings ratio of 15.51 and a beta of 0.34. Cenovus Energy Inc has a 52-week low of $13.47 and a 52-week high of $32.07. The stock has a fifty day moving average of $28.07 and a 200 day moving average of $22.89. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.00 and a current ratio of 1.57.

Cenovus Energy (NYSE:CVE – Get Free Report) (TSE:CVE) last issued its quarterly 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 firm had revenue of $10.79 billion during the quarter, compared to analyst estimates of $9.47 billion. During the same quarter in the previous year, the company posted $0.47 earnings per share. The company’s revenue was up 1.0% compared to the same quarter last year. On average, research analysts expect that Cenovus Energy Inc will post 3.15 EPS for the current fiscal year.

Cenovus Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.22 dividend. This is an increase from Cenovus Energy’s previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Monday, June 15th. Cenovus Energy’s dividend payout ratio (DPR) is presently 32.42%.

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.