Janus Henderson Group PLC Buys 10,500 Shares of Ovintiv Inc. $OVV

Posted by Brenda Bartman on Aug 6th, 2026

Janus Henderson Group PLC boosted its position in Ovintiv Inc. (NYSE:OVV – Free Report) by 9.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 124,783 shares of the company’s stock after purchasing an additional 10,500 shares during the period. Janus Henderson Group PLC’s holdings in Ovintiv were worth $7,409,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Steph & Co. purchased a new stake in shares of Ovintiv during the first quarter valued at approximately $29,000. Flagship Harbor Advisors LLC bought a new position in shares of Ovintiv during the 4th quarter worth $38,000. Los Angeles Capital Management LLC purchased a new stake in Ovintiv in the 4th quarter worth about $46,000. 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 valued at $52,000 after acquiring an additional 287 shares during the period. Finally, Root Financial Partners LLC lifted its holdings in Ovintiv by 43.2% during the first quarter. Root Financial Partners LLC now owns 918 shares of the company’s stock valued at $54,000 after purchasing an additional 277 shares during the last quarter. Institutional investors own 83.81% of the company’s stock.

Ovintiv Price Performance

Ovintiv stock opened at $57.85 on Thursday. Ovintiv Inc. has a 52 week low of $35.47 and a 52 week high of $64.61. The business has a 50-day simple moving average of $56.69 and a 200 day simple moving average of $54.43. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.32. The stock has a market cap of $15.94 billion, a price-to-earnings ratio of 16.34 and a beta of 0.53.

Ovintiv (NYSE:OVV – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $1.94 by ($0.20). The business had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $2.37 billion. Ovintiv had a net margin of 9.43% and a return on equity of 14.84%. On average, research analysts forecast that Ovintiv Inc. will post 6.87 earnings per share for the current fiscal year.

Ovintiv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 15th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Ovintiv’s dividend payout ratio (DPR) is currently 33.90%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. UBS Group lifted their target price on shares of Ovintiv from $71.00 to $74.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. National Bank Financial raised their price objective on shares of Ovintiv from $82.00 to $83.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. Texas Capital upgraded shares of Ovintiv to a “strong-buy” rating in a research note on Thursday, June 25th. Roth Capital increased their target price on Ovintiv from $50.00 to $55.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Finally, Wells Fargo & Company raised Ovintiv from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $57.00 to $80.00 in a report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $66.89.

Check Out Our Latest Research Report on Ovintiv

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.