Principal Financial Group Inc. Boosts Stock Position in IMAX Corporation $IMAX

Posted by Brian Himes on Jul 28th, 2026

Principal Financial Group Inc. grew its position in IMAX Corporation (NYSE:IMAX – Free Report) by 76.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 192,120 shares of the company’s stock after purchasing an additional 83,118 shares during the period. Principal Financial Group Inc.’s holdings in IMAX were worth $7,302,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of IMAX. CIBC Private Wealth Group LLC purchased a new stake in IMAX in the third quarter valued at approximately $27,000. Quarry LP raised its position in IMAX by 166.8% during the 4th quarter. Quarry LP now owns 875 shares of the company’s stock worth $32,000 after buying an additional 547 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in IMAX by 2,310.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,157 shares of the company’s stock valued at $38,000 after acquiring an additional 1,109 shares during the period. Torren Management LLC acquired a new stake in IMAX during the 4th quarter valued at approximately $40,000. Finally, Aster Capital Management DIFC Ltd boosted its holdings in shares of IMAX by 863.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,666 shares of the company’s stock valued at $62,000 after acquiring an additional 1,493 shares during the last quarter. 93.51% of the stock is currently owned by hedge funds and other institutional investors.

IMAX Trading Up 3.9%

IMAX stock opened at $45.08 on Tuesday. The firm has a market cap of $2.48 billion, a PE ratio of 62.61, a P/E/G ratio of 1.59 and a beta of 0.37. IMAX Corporation has a 12 month low of $24.20 and a 12 month high of $45.88. The stock’s 50 day simple moving average is $40.21 and its two-hundred day simple moving average is $38.11.

IMAX (NYSE:IMAX – Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.13. IMAX had a net margin of 9.84% and a return on equity of 15.47%. The firm had revenue of $102.84 million during the quarter, compared to analyst estimates of $96.09 million. During the same period in the previous year, the firm earned $0.26 EPS. The business’s quarterly revenue was up 12.2% on a year-over-year basis. On average, equities research analysts forecast that IMAX Corporation will post 1.3 EPS for the current year.

IMAX News Roundup

Here are the key news stories impacting IMAX this week:

Positive Sentiment: The Odyssey has generated approximately $140 million in global IMAX box office, reinforcing the film’s importance to IMAX’s current revenue outlook and demonstrating continued consumer willingness to pay for premium large-format presentations. The Odyssey reaches $140 million in global IMAX box office
Positive Sentiment: The film has surpassed $600 million globally after two weekends, while industry coverage describes a meaningful “Nolan effect” driving demand for IMAX screenings. IMAX catches a tailwind from The Odyssey
Positive Sentiment: IMAX China is preparing to show The Odyssey across nearly 800 screens, expanding the film’s potential international contribution and highlighting the breadth of the company’s global network. Imax China prepares full The Odyssey rollout
Positive Sentiment: Wells Fargo, Wedbush, and Barrington Research analysts reportedly expect further upside, adding to bullish sentiment following IMAX’s earnings beat. The company previously reported quarterly EPS of $0.43 versus a $0.30 consensus estimate and revenue of $102.84 million versus $96.09 million expected.
Neutral Sentiment: Resales of scarce IMAX tickets and extensive coverage of 70mm presentations indicate strong consumer interest, although these stories do not directly change IMAX’s financial forecasts.
Negative Sentiment: A 70mm projector failure temporarily disrupted screenings at one theater before service resumed. The incident appears localized, but it underscores maintenance and availability risks associated with IMAX’s aging specialized projection equipment. Screenings resume at King of Prussia theater

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on IMAX shares. Weiss Ratings upgraded shares of IMAX from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Roth Capital boosted their target price on shares of IMAX from $48.00 to $50.00 and gave the company a “buy” rating in a research report on Friday. Barrington Research upped their price target on shares of IMAX from $46.00 to $50.00 and gave the company an “outperform” rating in a report on Friday. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $42.00 price target on shares of IMAX in a research report on Thursday. Finally, Wall Street Zen upgraded IMAX from a “hold” rating to a “buy” rating in a research note on Saturday. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $50.36.

View Our Latest Stock Analysis on IMAX

IMAX Profile

(Free Report)

IMAX Corporation is a global leader in immersive entertainment technologies, specializing in the design, manufacture and distribution of high-resolution cameras, projectors, and proprietary software solutions that enhance both film production and theatrical exhibition. The company licenses its premium large-format system to theatre owners and filmmakers around the world, enabling audiences to experience movies with greater clarity, scale and sound fidelity. IMAX also offers turnkey theatre development services, assisting cinema operators with auditorium design, installation and custom branding to optimize the customer experience.

Founded in 1967 and headquartered in Mississauga, Ontario, IMAX has built a reputation for pioneering film-format innovations, including its patented dual 15-perforation, 70-millimeter projection system.

Principal Financial Group Inc. Boosts Stock Position in IMAX Corporation $IMAX

IMAX Trading Up 3.9%

IMAX News Roundup

Analyst Upgrades and Downgrades

IMAX Profile

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