Zacks Research Lifts Earnings Estimates for Imperial Oil

Key Points

• Zacks Research has raised its Q1 2026 earnings per share (EPS) estimate for Imperial Oil to $1.33, up from $1.31, maintaining a "Strong-Buy" rating on the stock.
• Imperial Oil has increased its quarterly dividend from $0.52 to $0.72, equating to an annual yield of 3.3%.
• The company's market cap stands at $44.22 billion, with its stock currently trading at $87.28, after reaching a one-year high of $91.17.

Imperial Oil Limited (NYSEAMERICAN:IMO - Free Report) TSE: IMO - Investment analysts at Zacks Research lifted their Q1 2026 EPS estimates for Imperial Oil in a research note issued to investors on Friday, September 5th. Zacks Research analyst Team now expects that the energy company will post earnings of $1.33 per share for the quarter, up from their previous estimate of $1.31. Zacks Research currently has a "Strong-Buy" rating on the stock. 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 Q2 2026 earnings at $1.47 EPS, Q4 2026 earnings at $1.25 EPS, FY2026 earnings at $5.13 EPS and Q2 2027 earnings at $1.36 EPS.

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets reissued an "outperform" rating on shares of Imperial Oil in a report on Monday, August 4th. Raymond James Financial downgraded shares of Imperial Oil from a "moderate buy" rating to a "hold" rating in a report on Thursday, July 3rd. Desjardins downgraded shares of Imperial Oil from a "hold" rating to a "strong sell" rating in a report on Tuesday, June 3rd. Tudor Pickering downgraded shares of Imperial Oil from a "strong-buy" rating to a "hold" rating in a report on Friday, July 25th. Finally, Wolfe Research downgraded shares of Imperial Oil from an "outperform" rating to a "peer perform" rating in a report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $105.50.

Imperial Oil Stock Performance

Shares of IMO opened at $87.28 on Monday. Imperial Oil has a 1 year low of $58.76 and a 1 year high of $91.17. The company has a market cap of $44.22 billion, a price-to-earnings ratio of 13.45 and a beta of 0.94. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.34 and a current ratio of 1.58. The firm has a fifty day moving average of $84.23 and a 200-day moving average of $75.16.

Institutional Investors Weigh In On Imperial Oil

Several institutional investors have recently bought and sold shares of IMO. Northern Trust Corp lifted its holdings in Imperial Oil by 64.6% in the fourth quarter. Northern Trust Corp now owns 195,132 shares of the energy company's stock worth $12,020,000 after purchasing an additional 76,551 shares during the period. Captrust Financial Advisors acquired a new stake in Imperial Oil in the 4th quarter valued at about $246,000. Cubist Systematic Strategies LLC acquired a new stake in Imperial Oil in the 4th quarter valued at about $1,657,000. D. E. Shaw & Co. Inc. lifted its holdings in Imperial Oil by 15.5% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 63,878 shares of the energy company's stock valued at $3,935,000 after acquiring an additional 8,588 shares during the last quarter. Finally, Group One Trading LLC lifted its holdings in Imperial Oil by 29.7% in the 4th quarter. Group One Trading LLC now owns 755 shares of the energy company's stock valued at $47,000 after acquiring an additional 173 shares during the last quarter. Institutional investors and hedge funds own 20.74% of the company's stock.

Imperial Oil Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Thursday, September 4th will be issued a $0.72 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This is an increase from Imperial Oil's previous quarterly dividend of $0.52. This represents a $2.88 annualized dividend and a yield of 3.3%. Imperial Oil's dividend payout ratio is currently 31.56%.

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.

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