The average one-year price target for Ovintiv (NYSE:OVV) has been revised to $60.79 / share. This is an increase of 11.16% from the prior estimate of $54.69 dated February 21, 2026.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $43.43 to a high of $79.80 / share. The average price target represents a decrease of 2.07% from the latest reported closing price of $62.08 / share.
What is the Fund Sentiment?
There are 570 funds or institutions reporting positions in Ovintiv. This is an decrease of 503 owner(s) or 46.88% in the last quarter. Average portfolio weight of all funds dedicated to OVV is 0.13%, an increase of 38.06%. Total shares owned by institutions decreased in the last three months by 11.90% to 234,743K shares. 
The put/call ratio of OVV is 0.41, indicating a bullish outlook.
What are Other Shareholders Doing?
Charles Schwab Investment Management holds 9,890K shares representing 3.49% ownership of the company. In its prior filing, the firm reported owning 9,687K shares , representing an increase of 2.06%. The firm decreased its portfolio allocation in OVV by 3.55% over the last quarter.
Hotchkis & Wiley Capital Management holds 8,771K shares representing 3.10% ownership of the company. In its prior filing, the firm reported owning 8,672K shares , representing an increase of 1.13%. The firm decreased its portfolio allocation in OVV by 5.10% over the last quarter.
Arrowstreet Capital, Limited Partnership holds 6,744K shares representing 2.38% ownership of the company. In its prior filing, the firm reported owning 5,888K shares , representing an increase of 12.68%. The firm increased its portfolio allocation in OVV by 3.25% over the last quarter.
Price T Rowe Associates holds 6,258K shares representing 2.21% ownership of the company. In its prior filing, the firm reported owning 6,315K shares , representing a decrease of 0.91%. The firm decreased its portfolio allocation in OVV by 3.07% over the last quarter.
Millennium Management holds 5,693K shares representing 2.01% ownership of the company. In its prior filing, the firm reported owning 2,606K shares , representing an increase of 54.22%. The firm increased its portfolio allocation in OVV by 108.88% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
