Q2 EPS Estimates for Imperial Oil Reduced by Zacks Research

Imperial Oil Limited (NYSEAMERICAN:IMO - Free Report) TSE: IMO - Research analysts at Zacks Research decreased their Q2 2026 EPS estimates for shares of Imperial Oil in a research note issued on Monday, December 16th. Zacks Research analyst R. Department now anticipates that the energy company will earn $1.46 per share for the quarter, down from their previous estimate of $1.52. The consensus estimate for Imperial Oil's current full-year earnings is $6.22 per share.

IMO has been the subject of a number of other research reports. Scotiabank reiterated a "sector perform" rating and issued a $110.00 price target on shares of Imperial Oil in a research note on Wednesday, September 25th. StockNews.com cut shares of Imperial Oil from a "buy" rating to a "hold" rating in a research report on Wednesday, August 28th. Finally, JPMorgan Chase & Co. downgraded shares of Imperial Oil from a "neutral" rating to an "underweight" rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $109.00.

Imperial Oil Stock Down 2.7 %

Shares of IMO traded down $1.71 during mid-day trading on Thursday, hitting $62.51. 751,538 shares of the company's stock were exchanged, compared to its average volume of 411,321. 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 fifty-two week low of $54.58 and a fifty-two week high of $80.17. The stock has a market capitalization of $32.04 billion, a PE ratio of 9.32 and a beta of 1.42.

Imperial Oil Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 1st. Stockholders of record on Tuesday, December 3rd will be paid a $0.4304 dividend. This represents a $1.72 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend is Tuesday, December 3rd. Imperial Oil's dividend payout ratio (DPR) is presently 26.38%.

Institutional Investors Weigh In On Imperial Oil

A number of hedge funds have recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its position in Imperial Oil by 0.9% during the third quarter. Franklin Resources Inc. now owns 191,647 shares of the energy company's stock worth $13,502,000 after buying an additional 1,619 shares during the period. Tidal Investments LLC boosted its stake in shares of Imperial Oil by 77.4% during the 3rd quarter. Tidal Investments LLC now owns 7,474 shares of the energy company's stock worth $527,000 after acquiring an additional 3,261 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Imperial Oil in the 3rd quarter worth approximately $137,000. Barclays PLC increased its stake in Imperial Oil by 27.8% in the 3rd quarter. Barclays PLC now owns 2,838 shares of the energy company's stock valued at $200,000 after purchasing an additional 617 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Imperial Oil by 9.1% during the third quarter. Geode Capital Management LLC now owns 842,664 shares of the energy company's stock worth $59,502,000 after purchasing an additional 70,357 shares during the last quarter. Institutional investors and hedge funds own 20.74% of the company's stock.

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.