Tacita Capital Inc Takes Position in Cenovus Energy Inc $CVE

Posted by Brenda Bartman on Aug 20th, 2026

Tacita Capital Inc acquired a new stake in shares of Cenovus Energy Inc (NYSE:CVE – Free Report) (TSE:CVE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,257 shares of the oil and gas company’s stock, valued at approximately $452,000.

Other large investors also recently bought and sold shares of the company. TD Asset Management Inc grew its stake in 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 valued at $287,897,000 after purchasing an additional 595,518 shares during the last quarter. Beverly Hills Private Wealth LLC purchased a new stake in shares of Cenovus Energy during the second quarter valued at about $2,678,000. Alberta Investment Management Corp purchased a new stake in shares of Cenovus Energy during the second quarter valued at about $143,730,000. Amundi lifted its position in shares of Cenovus Energy by 1.4% during the first quarter. Amundi now owns 5,366,196 shares of the oil and gas company’s stock valued at $142,365,000 after buying an additional 71,891 shares during the last quarter. Finally, Militia Capital Management LLC bought a new stake in shares of Cenovus Energy in the 1st quarter valued at about $1,740,000. Institutional investors own 51.19% of the company’s stock.

Cenovus Energy Price Performance

Shares of NYSE CVE opened at $32.49 on Thursday. Cenovus Energy Inc has a 52 week low of $14.85 and a 52 week high of $33.11. The business’s 50 day moving average price is $27.65 and its 200 day moving average price is $26.32. The company has a quick ratio of 1.04, a current ratio of 1.63 and a debt-to-equity ratio of 0.25. The firm has a market cap of $60.10 billion, a P/E ratio of 12.50 and a beta of 0.34.

Cenovus Energy (NYSE:CVE – Get Free Report) (TSE:CVE) last posted its quarterly earnings results on Wednesday, July 29th. The oil and gas company reported $1.11 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.11. Cenovus Energy had a net margin of 12.37% and a return on equity of 21.08%. The company had revenue of $14.59 billion during the quarter, compared to analyst estimates of $11.87 billion. During the same period last year, the firm posted $0.45 EPS. Cenovus Energy’s revenue for the quarter was up 47.9% compared to the same quarter last year. On average, sell-side analysts expect that Cenovus Energy Inc will post 3.2 earnings per share for the current year.

Cenovus Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 15th. Cenovus Energy’s dividend payout ratio (DPR) is 24.62%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on CVE shares. Morgan Stanley reaffirmed an “overweight” rating on shares of Cenovus Energy in a research report on Wednesday. Raymond James Financial cut shares of Cenovus Energy from a “strong-buy” rating to an “outperform” rating in a research report on Wednesday, May 6th. Zacks Research lowered shares of Cenovus Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. Lake Street Capital set a $36.00 price target on shares of Cenovus Energy in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada upped their price target on Cenovus Energy from $47.00 to $51.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $36.25.

View Our Latest Analysis on Cenovus Energy

Cenovus Energy Company 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.