Ovintiv’s (NYSE:OVV) average one-year price target has been raised to $60.79 per share, reflecting an 11.16% increase from the previous estimate of $54.69 on February 21, 2026. The current price target range provided by analysts is between $43.43 and $79.80 per share, with the average target indicating a 2.07% decline from the latest closing price of $62.08 per share.
As of the last quarter, 570 funds hold positions in Ovintiv, marking a notable decrease of 503 or 46.88%. Total shares owned by institutions have dropped by 11.90% to 234,743K shares. The current put/call ratio for OVV stands at 0.41, suggesting a bullish outlook.
Among individual shareholders, Charles Schwab Investment Management owns 9,890K shares (3.49% ownership), with a 2.06% increase in its holdings. Conversely, Price T Rowe Associates reduced its holdings from 6,315K to 6,258K shares, reflecting a 0.91% decrease, while Millennium Management’s holdings surged by 54.22%, increasing from 2,606K to 5,693K shares.
