Zacks Research Increases Earnings Estimates for Imperial Oil

Imperial Oil Limited (NYSEAMERICAN:IMO) (TSE:IMO) – Stock analysts at Zacks Research lifted their Q2 2025 earnings estimates for Imperial Oil in a research report issued on Thursday, June 12th. Zacks Research analyst R. Department now forecasts that the energy company will post earnings of $1.15 per share for the quarter, up from their prior estimate of $1.13. The consensus estimate for Imperial Oil’s current full-year earnings is $5.82 per share. Zacks Research also issued estimates for Imperial Oil’s Q3 2025 earnings at $1.16 EPS, Q4 2025 earnings at $1.01 EPS, Q1 2026 earnings at $1.30 EPS, Q2 2026 earnings at $1.13 EPS, Q4 2026 earnings at $1.22 EPS, Q1 2027 earnings at $2.33 EPS and FY2027 earnings at $6.46 EPS.

Other equities analysts have also recently issued reports about the stock. The Goldman Sachs Group cut shares of Imperial Oil from a “neutral” rating to a “sell” rating in a research note on Thursday, March 27th. Raymond James reiterated an “outperform” rating on shares of Imperial Oil in a research report on Monday, May 5th. Wolfe Research upgraded shares of Imperial Oil from a “peer perform” rating to an “outperform” rating in a research report on Monday, April 21st. Desjardins cut shares of Imperial Oil from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 3rd. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $101.00 price objective on shares of Imperial Oil in a research report on Thursday, April 3rd. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $106.33.

Imperial Oil Price Performance

Shares of Imperial Oil stock opened at $81.91 on Monday. The firm has a fifty day simple moving average of $69.67 and a 200-day simple moving average of $70.19. The company has a current ratio of 1.34, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. Imperial Oil has a 1-year low of $58.76 and a 1-year high of $81.95. The stock has a market capitalization of $41.70 billion, a price-to-earnings ratio of 12.43 and a beta of 1.44.

Imperial Oil Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Wednesday, June 4th will be issued a dividend of $0.523 per share. This represents a $2.09 dividend on an annualized basis and a yield of 2.55%. This is an increase from Imperial Oil’s previous quarterly dividend of $0.50. The ex-dividend date is Wednesday, June 4th. Imperial Oil’s payout ratio is presently 25.80%.

Hedge Funds Weigh In On Imperial Oil

Institutional investors have recently added to or reduced their stakes in the company. FMR LLC boosted its position in Imperial Oil by 16.9% during the fourth quarter. FMR LLC now owns 43,162,088 shares of the energy company’s stock worth $2,659,965,000 after purchasing an additional 6,228,461 shares during the period. Goldman Sachs Group Inc. boosted its position in Imperial Oil by 395.8% during the first quarter. Goldman Sachs Group Inc. now owns 4,546,520 shares of the energy company’s stock worth $328,804,000 after purchasing an additional 3,629,568 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in Imperial Oil by 273.2% during the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 658,949 shares of the energy company’s stock worth $47,607,000 after purchasing an additional 482,393 shares during the period. Canada Pension Plan Investment Board boosted its position in Imperial Oil by 1,233.1% during the first quarter. Canada Pension Plan Investment Board now owns 498,056 shares of the energy company’s stock worth $35,983,000 after purchasing an additional 460,696 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Imperial Oil during the fourth quarter worth $19,507,000. 20.74% of the stock is currently 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.