Triasima Portfolio Management inc. Boosts Position in Imperial Oil Limited $IMO

Triasima Portfolio Management inc. raised its stake in shares of Imperial Oil Limited (NYSEAMERICAN:IMO) (TSE:IMO) by 17.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 83,975 shares of the energy company’s stock after buying an additional 12,570 shares during the quarter. Imperial Oil comprises 1.1% of Triasima Portfolio Management inc.’s portfolio, making the stock its 29th largest holding. Triasima Portfolio Management inc.’s holdings in Imperial Oil were worth $7,264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in IMO. Westside Investment Management Inc. grew its holdings in Imperial Oil by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 426 shares of the energy company’s stock valued at $38,000 after buying an additional 213 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Imperial Oil by 64.8% during the third quarter. Smartleaf Asset Management LLC now owns 430 shares of the energy company’s stock worth $40,000 after purchasing an additional 169 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Imperial Oil by 737.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 511 shares of the energy company’s stock worth $46,000 after purchasing an additional 450 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Imperial Oil during the third quarter worth about $54,000. Finally, Assetmark Inc. grew its holdings in shares of Imperial Oil by 209.5% during the fourth quarter. Assetmark Inc. now owns 653 shares of the energy company’s stock worth $56,000 after purchasing an additional 442 shares in the last quarter. Hedge funds and other institutional investors own 20.74% of the company’s stock.

Imperial Oil Stock Performance

NYSEAMERICAN:IMO opened at $128.48 on Monday. The business has a 50 day moving average of $124.83 and a 200 day moving average of $106.18. The company has a market capitalization of $62.13 billion, a price-to-earnings ratio of 30.30 and a beta of 0.48. Imperial Oil Limited has a 1-year low of $66.62 and a 1-year high of $134.31. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.27 and a quick ratio of 0.94.

Imperial Oil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Thursday, June 4th will be given a $0.87 dividend. The ex-dividend date is Thursday, June 4th. This represents a $3.48 dividend on an annualized basis and a yield of 2.7%. Imperial Oil’s payout ratio is presently 38.69%.

Imperial Oil News Roundup

Here are the key news stories impacting Imperial Oil this week:

• Positive Sentiment: Company maintained its quarterly dividend at C$0.87 per share (payable July 1), which supports income-focused shareholders and signals capital-return confidence. Dividend Announcement
• Neutral Sentiment: Imperial’s press release / MarketBeat summary shows an EPS figure that beat consensus (reported $1.94 vs. $1.67 estimate), and highlights a small revenue decline and healthy ROE — a mixed operational read that could be parsed as positive by some investors. MarketBeat Earnings Summary
• Neutral Sentiment: Macroeconomic context: a US natural-gas oversupply versus global tightness may pressure domestic gas prices and margins in parts of the energy complex, creating mixed headwinds for integrated and upstream operations. Natural Gas Macro Story
• Negative Sentiment: Zacks reports a Q1 EPS miss (reported $1.41 vs. $1.67 consensus), which likely contributed to downward pressure as investors adjust forward estimates. Zacks Earnings Miss
• Negative Sentiment: Multiple news outlets report first-quarter profit fell (about $940M vs. $1.29B year-ago), with management citing lower refinery throughput — a clear operational headwind that reduces near-term cash flow and margin visibility. Reuters Profit Report MSN Coverage
• Negative Sentiment: Analyst stance cooled: a recent roundup shows an average recommendation of “Reduce,” which can amplify selling pressure as investors follow broker guidance. Analyst Consensus

Wall Street Analyst Weigh In

Several research analysts have recently commented on IMO shares. Zacks Research raised Imperial Oil from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 24th. TD Securities reissued a “sell” rating on shares of Imperial Oil in a report on Monday, February 23rd. Finally, Royal Bank Of Canada lowered Imperial Oil from a “sector perform” rating to an “underperform” rating and set a $116.00 price objective for the company. in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, Imperial Oil presently has a consensus rating of “Reduce” and an average target price of $116.00.

Imperial Oil Profile

Imperial Oil (NYSEAMERICAN: IMO) is a Canadian integrated energy company involved in the exploration, production, refining and marketing of petroleum and petrochemical products. Headquartered in Calgary, Alberta, Imperial has operated in Canada for well over a century and is one of the country’s long-standing energy firms. The company is majority-owned by Exxon Mobil Corporation, which provides strategic and technical links to global upstream and downstream capabilities.

Imperial’s operations span upstream activities—exploration and production of crude oil, natural gas and oil-sands resources—and downstream operations including refining, manufacturing of fuels and lubricants, petrochemical products, and retail distribution.