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Olivia Wilde, Jason Sudeikis

Ramey Photo

Love is definitely in the air for these two.

After making her return to high school by giving students at her alma mater, Phillips Academy, a speech on Thursday, Olivia Wilde seemed more than happy to be back at home with her soon-to-be groom Jason Sudeikis, whom she was spotted smooching while walking their dog Paco in downtown Manhattan today.

The pair kept it super cazh, wearing pants, jackets and shades while making a quick stop for a love peck.

One thing that always catches eyes no matter what she's wearing is Wilde's blingtastic engagement ring. Just last week, her sparkler earned the admiration from fellow stars Tom Hanks and Christopher McDonald, who were her and Sudeikis' seat partners during a New York Knicks game.