SIR Capital Management L.P. Acquires Shares of 716,400 Ovintiv Inc. $OVV

Posted by Brian Himes on Aug 25th, 2026

SIR Capital Management L.P. acquired a new position in shares of Ovintiv Inc. (NYSE:OVV – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 716,400 shares of the company’s stock, valued at approximately $37,718,000. Ovintiv accounts for 4.3% of SIR Capital Management L.P.’s holdings, making the stock its 4th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of OVV. Stifel Financial Corp boosted its position in shares of Ovintiv by 1.4% in the fourth quarter. Stifel Financial Corp now owns 19,113 shares of the company’s stock valued at $749,000 after acquiring an additional 269 shares during the period. CX Institutional increased its position in Ovintiv by 1.0% during the second quarter. CX Institutional now owns 28,363 shares of the company’s stock worth $1,493,000 after acquiring an additional 276 shares during the period. Root Financial Partners LLC raised its stake in Ovintiv by 43.2% in the 1st quarter. Root Financial Partners LLC now owns 918 shares of the company’s stock worth $54,000 after purchasing an additional 277 shares in the last quarter. Deseret Mutual Benefit Administrators raised its stake in Ovintiv by 27.6% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,328 shares of the company’s stock worth $52,000 after purchasing an additional 287 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in Ovintiv by 2.6% in the 1st quarter. Sanctuary Advisors LLC now owns 13,020 shares of the company’s stock valued at $773,000 after purchasing an additional 324 shares during the period. Institutional investors and hedge funds own 83.81% of the company’s stock.

Insider Activity

In other news, EVP Rachel Maureen Moore sold 7,753 shares of the business’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $63.32, for a total transaction of $490,919.96. Following the completion of the transaction, the executive vice president owned 72,530 shares of the company’s stock, valued at approximately $4,592,599.60. The trade was a 9.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.85% of the company’s stock.

Ovintiv Stock Performance

NYSE OVV opened at $65.91 on Tuesday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $18.16 billion, a price-to-earnings ratio of 18.62 and a beta of 0.53. The firm’s 50 day simple moving average is $58.37 and its 200 day simple moving average is $56.45. Ovintiv Inc. has a 1 year low of $35.47 and a 1 year high of $67.44.

Ovintiv (NYSE:OVV – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $1.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.94 by ($0.20). Ovintiv had a net margin of 9.43% and a return on equity of 14.84%. The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $2.37 billion. As a group, research analysts expect that Ovintiv Inc. will post 7.09 earnings per share for the current fiscal year.

Ovintiv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th will be paid a $0.30 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.20 annualized dividend and a dividend yield of 1.8%. Ovintiv’s dividend payout ratio (DPR) is presently 33.90%.

Analyst Ratings Changes

Several brokerages have recently commented on OVV. Wall Street Zen raised shares of Ovintiv from a “hold” rating to a “buy” rating in a report on Saturday, July 25th. Zacks Research lowered Ovintiv from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Royal Bank Of Canada lifted their price objective on Ovintiv from $70.00 to $85.00 and gave the company an “outperform” rating in a report on Monday, July 27th. UBS Group increased their target price on Ovintiv from $71.00 to $74.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Finally, Morgan Stanley set a $67.00 price target on Ovintiv in a research report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ovintiv has a consensus rating of “Moderate Buy” and a consensus price target of $66.89.

Read Our Latest Analysis on OVV

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.