Imperial Oil Limited (NYSEAMERICAN:IMO – Free Report) (TSE:IMO) – Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for Imperial Oil in a research report issued on Monday, December 16th. Zacks Research analyst R. Department now expects that the energy company will earn $1.01 per share for the quarter, down from their previous forecast of $1.05. The consensus estimate for Imperial Oil’s current full-year earnings is $6.22 per share. Zacks Research also issued estimates for Imperial Oil’s Q2 2025 earnings at $1.17 EPS, Q3 2025 earnings at $1.01 EPS, Q4 2025 earnings at $1.31 EPS, FY2025 earnings at $4.49 EPS, Q1 2026 earnings at $1.54 EPS, Q3 2026 earnings at $1.03 EPS and FY2026 earnings at $5.72 EPS.
IMO has been the topic of several other reports. StockNews.com downgraded shares of Imperial Oil from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. Scotiabank reiterated a “sector perform” rating and set a $110.00 price objective on shares of Imperial Oil in a research report on Wednesday, September 25th.
Imperial Oil Price Performance
Shares of IMO opened at $65.83 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.44. Imperial Oil has a 1-year low of $54.58 and a 1-year high of $80.17. The stock has a market capitalization of $33.74 billion, a P/E ratio of 9.81 and a beta of 1.42.
Imperial Oil Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Shareholders of record on Tuesday, December 3rd will be paid a $0.4304 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $1.72 annualized dividend and a yield of 2.62%. Imperial Oil’s dividend payout ratio is presently 26.38%.
Hedge Funds Weigh In On Imperial Oil
A number of hedge funds have recently modified their holdings of the stock. FMR LLC raised its position in Imperial Oil by 3.7% during the third quarter. FMR LLC now owns 36,933,627 shares of the energy company’s stock valued at $2,598,604,000 after acquiring an additional 1,331,235 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Imperial Oil by 8.4% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 4,420,002 shares of the energy company’s stock valued at $311,175,000 after purchasing an additional 341,689 shares in the last quarter. TD Asset Management Inc lifted its stake in shares of Imperial Oil by 12.2% in the 2nd quarter. TD Asset Management Inc now owns 3,796,660 shares of the energy company’s stock valued at $258,817,000 after purchasing an additional 412,600 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Imperial Oil by 9.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,107,250 shares of the energy company’s stock valued at $148,235,000 after purchasing an additional 187,158 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in Imperial Oil by 10,896.4% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 867,174 shares of the energy company’s stock worth $59,135,000 after purchasing an additional 859,288 shares in the last quarter. 20.74% of the stock is owned by institutional investors and hedge funds.
About Imperial Oil
Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.
Featured Articles
- Five stocks we like better than Imperial Oil
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- AppLovin Insiders Sell Shares: Stock Price Indicated Higher
- How to Calculate Return on Investment (ROI)
- Broadcom’s Stellar Outlook Sparks Hopes for a Semi Sector Rally
- What Are Growth Stocks and Investing in Them
- Salesforce’s Clear Path to $400 and Beyond
Receive News & Ratings for Imperial Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Imperial Oil and related companies with MarketBeat.com's FREE daily email newsletter.