Rachel Maureen Moore Sells 7,753 Shares of Ovintiv (NYSE:OVV) Stock

Ovintiv Inc. (NYSE:OVV) EVP Rachel Maureen Moore sold 7,753 shares of the company’s stock in a transaction dated 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 represents a 9.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Ovintiv Trading Up 1.1%

Shares of OVV stock opened at $62.99 on Friday. The firm’s 50-day simple moving average is $57.31 and its 200-day simple moving average is $55.40. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.01 and a quick ratio of 1.01. Ovintiv Inc. has a 1-year low of $35.47 and a 1-year high of $64.61. The firm has a market cap of $17.35 billion, a P/E ratio of 17.79 and a beta of 0.53.

Ovintiv (NYSE:OVV) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.74 earnings per share for the quarter, missing analysts’ consensus estimates of $1.94 by ($0.20). Ovintiv had a return on equity of 14.84% and a net margin of 9.43%.The company had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $2.37 billion. As a group, equities analysts forecast that Ovintiv Inc. will post 6.83 EPS for the current year.

Ovintiv Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, September 15th. Ovintiv’s payout ratio is currently 33.90%.

Analysts Set New Price Targets

A number of brokerages have commented on OVV. National Bank Financial boosted their price objective on Ovintiv from $82.00 to $83.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. Scotiabank upgraded Ovintiv from an “outperform” rating to a “buy” rating in a research note on Wednesday, May 20th. Mizuho raised their target price on Ovintiv from $69.00 to $75.00 and gave the company an “outperform” rating in a report on Wednesday, May 27th. Truist Financial reaffirmed a “buy” rating and issued a $73.00 price objective (up from $66.00) on shares of Ovintiv in a research report on Monday, July 27th. Finally, Morgan Stanley dropped their price target on shares of Ovintiv from $68.00 to $65.00 and set an “equal weight” rating on the stock in a research note on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $66.79.

Ovintiv News Summary

Here are the key news stories impacting Ovintiv this week:

• Positive Sentiment: Ovintiv declared a quarterly dividend of $0.30 per share, or $1.20 annualized, representing an approximately 1.9% yield. The dividend is payable September 29 to shareholders of record September 15. Ovintiv dividend and stock information
• Positive Sentiment: Zacks Research raised its EPS forecast for the first quarter of 2027 to $1.29 from $1.22 and its second-quarter 2028 forecast to $1.97 from $1.81, offering some support for the longer-term outlook.
• Neutral Sentiment: Zacks maintained a Hold rating. Its FY2026 EPS estimate is $6.66, below the broader consensus of $6.87. Ovintiv’s prior quarter also showed mixed results: EPS of $1.74 missed expectations, although revenue of $3.01 billion exceeded the $2.37 billion consensus.
• Negative Sentiment: Zacks lowered several forecasts, including Q3 2026 EPS to $1.45 from $1.49 and Q4 2026 EPS to $1.47 from $1.57. Estimates for Q2, Q3 and Q4 2027 were also reduced to $1.24, $1.24 and $1.27, respectively.
• Negative Sentiment: The largest revisions were to annual earnings: FY2027 EPS fell to $5.03 from $5.58, while FY2028 EPS dropped to $6.51 from $7.22. Q1 2028 EPS was cut to $1.43 from $1.78, suggesting analysts see weaker profitability across several future periods. Ovintiv analyst estimates
• Negative Sentiment: Executive Vice President Rachel Maureen Moore sold 7,753 shares at an average price of $63.32, reducing her direct stake by 9.66%. She still owns 72,530 shares, so the sale may reflect personal portfolio management rather than a fundamental warning, but insider selling can weigh on sentiment near a 52-week high. SEC insider transaction filing

Institutional Investors Weigh In On Ovintiv

Institutional investors have recently modified their holdings of the business. Steph & Co. acquired a new position in Ovintiv in the first quarter valued at approximately $29,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Ovintiv in the second quarter worth $32,000. Aberdeen Wealth Management LLC acquired a new stake in Ovintiv in the second quarter worth $32,000. Los Angeles Capital Management LLC bought a new stake in Ovintiv in the fourth quarter valued at $46,000. Finally, Deseret Mutual Benefit Administrators grew its position in shares of Ovintiv by 27.6% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,328 shares of the company’s stock worth $52,000 after acquiring an additional 287 shares during the last quarter. Institutional investors own 83.81% of the company’s stock.

About Ovintiv

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.