United Capital Financial Advisors LLC Makes New Investment in Ovintiv Inc. $OVV

Posted by Brian Himes on Sep 1st, 2026

United Capital Financial Advisors LLC purchased a new position in Ovintiv Inc. (NYSE:OVV – Free Report) in the second quarter, Holdings Channel reports. The institutional investor purchased 9,897 shares of the company’s stock, valued at approximately $521,000.

Several other hedge funds also recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of Ovintiv during the 2nd quarter valued at $1,422,959,000. Dimensional Fund Advisors LP boosted its stake in Ovintiv by 17.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,059,334 shares of the company’s stock worth $433,418,000 after purchasing an additional 1,669,469 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Ovintiv by 2.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 9,890,315 shares of the company’s stock valued at $387,601,000 after buying an additional 203,256 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Ovintiv by 16.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 7,880,705 shares of the company’s stock valued at $467,874,000 after buying an additional 1,137,162 shares in the last quarter. Finally, Millennium Management LLC increased its position in shares of Ovintiv by 116.3% during the fourth quarter. Millennium Management LLC now owns 5,692,806 shares of the company’s stock valued at $223,101,000 after buying an additional 3,060,691 shares during the period. 83.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Ovintiv

In other news, EVP Rachel Maureen Moore sold 7,753 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $63.32, for a total transaction of $490,919.96. Following the sale, the executive vice president owned 72,530 shares in the company, valued at approximately $4,592,599.60. This trade represents a 9.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.85% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on OVV. Roth Capital increased their price target on shares of Ovintiv from $50.00 to $55.00 and gave the stock a “neutral” rating in a report on Wednesday, June 24th. Truist Financial reaffirmed a “buy” rating and set a $73.00 price objective (up from $66.00) on shares of Ovintiv in a research note on Monday, July 27th. Zacks Research lowered shares of Ovintiv from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Texas Capital upgraded shares of Ovintiv to a “strong-buy” rating in a research note on Thursday, June 25th. Finally, Scotiabank raised shares of Ovintiv from an “outperform” rating to a “buy” rating in a report on Wednesday, May 20th. One 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $66.89.

Read Our Latest Analysis on OVV

Ovintiv Stock Performance

Shares of OVV opened at $65.75 on Tuesday. Ovintiv Inc. has a 12-month low of $35.47 and a 12-month high of $67.44. 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 company has a market cap of $18.11 billion, a PE ratio of 18.57 and a beta of 0.53. The stock has a 50-day moving average price of $59.54 and a 200-day moving average price of $57.11.

Ovintiv (NYSE:OVV – Get Free Report) last posted its quarterly earnings data 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 company had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $2.37 billion. Ovintiv had a return on equity of 14.84% and a net margin of 9.43%. As a group, equities analysts forecast that Ovintiv Inc. will post 7.09 earnings per share for the current fiscal year.

Ovintiv Announces Dividend

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

Ovintiv Company Profile

(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.