Ovintiv (NYSE:OVV) Price Target Raised to $80.00

Posted by Geri Gentry on Nov 7th, 2026

Ovintiv (NYSE:OVV – Free Report) had its price target hoisted by Barclays from $75.00 to $80.00 in a research report released on Wednesday,Benzinga reports. Barclays currently has an overweight rating on the stock.

A number of other equities research analysts have also recently weighed in on OVV. Roth Capital boosted their price target on shares of Ovintiv from $55.00 to $65.00 and gave the company a “neutral” rating in a research report on Thursday, October 22nd. Weiss Ratings raised Ovintiv from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 2nd. Truist Financial lifted their target price on Ovintiv from $73.00 to $77.00 and gave the stock a “buy” rating in a research report on Monday, October 12th. Wells Fargo & Company boosted their target price on Ovintiv from $79.00 to $82.00 and gave the company an “overweight” rating in a report on Wednesday, October 14th. Finally, Royal Bank Of Canada boosted their target price on Ovintiv from $85.00 to $90.00 and gave the company an “outperform” rating in a report on Tuesday, October 13th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Ovintiv has an average rating of “Moderate Buy” and a consensus target price of $74.33.

Check Out Our Latest Stock Report on OVV

Ovintiv Stock Down 0.6%

Shares of Ovintiv stock traded down $0.36 during trading hours on Wednesday, hitting $60.55. The company had a trading volume of 3,826,156 shares, compared to its average volume of 3,225,096. The company’s 50-day moving average is $64.82 and its two-hundred day moving average is $58.02. Ovintiv has a twelve month low of $36.81 and a twelve month high of $73.61. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market cap of $16.68 billion, a P/E ratio of 12.21 and a beta of 0.57.

Ovintiv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be paid a dividend of $0.30 per share. The ex-dividend date is Tuesday, December 15th. This represents a $1.20 dividend on an annualized basis and a yield of 2.0%. Ovintiv’s dividend payout ratio is currently 24.19%.

Insiders Place Their Bets

In other Ovintiv news, EVP Rachel 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 transaction, the executive vice president directly owned 72,530 shares of the company’s stock, valued at approximately $4,592,599.60. This trade represents a 9.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.85% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ovintiv

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Allworth Financial LP grew its holdings in shares of Ovintiv by 6.7% during the third quarter. Allworth Financial LP now owns 3,537 shares of the company’s stock worth $186,000 after buying an additional 221 shares during the last quarter. Eurizon Capital SGR S.p.A. increased its position in Ovintiv by 289.3% in the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 1,016 shares of the company’s stock valued at $60,000 after acquiring an additional 755 shares during the period. Maryland State Retirement & Pension System raised its stake in Ovintiv by 12.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 16,271 shares of the company’s stock valued at $941,000 after acquiring an additional 1,815 shares during the last quarter. Ritholtz Wealth Management raised its stake in Ovintiv by 105.9% during the 3rd quarter. Ritholtz Wealth Management now owns 36,382 shares of the company’s stock valued at $2,104,000 after acquiring an additional 18,716 shares during the last quarter. Finally, Machina Capital S.A.S. purchased a new stake in Ovintiv during the 3rd quarter valued at approximately $559,000. 83.81% of the stock is owned by hedge funds and other institutional investors.

Ovintiv Company Profile

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Ovintiv Inc is an independent energy company engaged in the exploration, development, production and marketing of oil, condensate, natural gas liquids and natural gas. The company’s operations are focused on North America, with production and resource development activities in the United States and Canada.

Ovintiv’s U.S. operations include assets in the Permian Basin of Texas and New Mexico and the Uinta Basin of Utah. In Canada, the company’s portfolio includes the Montney and Horn River natural gas and liquids-rich plays in British Columbia and Alberta.