The Manufacturers Life Insurance Company Cuts Stock Holdings in Imperial Oil Limited $IMO

Posted by Stanley Muller on Jul 30th, 2026

The Manufacturers Life Insurance Company reduced its stake in Imperial Oil Limited (NYSEAMERICAN:IMO – Free Report) (TSE:IMO) by 20.2% during the first quarter, HoldingsChannel.com reports. The fund owned 652,792 shares of the energy company’s stock after selling 165,159 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Imperial Oil were worth $85,426,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of IMO. Compound Planning Inc. boosted its holdings in shares of Imperial Oil by 3.5% during the 1st quarter. Compound Planning Inc. now owns 2,597 shares of the energy company’s stock valued at $340,000 after purchasing an additional 88 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of Imperial Oil by 1.6% in the first quarter. D.A. Davidson & CO. now owns 5,913 shares of the energy company’s stock worth $774,000 after purchasing an additional 91 shares during the last quarter. Ensign Peak Advisors Inc increased its holdings in shares of Imperial Oil by 1.0% in the fourth quarter. Ensign Peak Advisors Inc now owns 9,924 shares of the energy company’s stock worth $858,000 after purchasing an additional 100 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Imperial Oil by 23.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 531 shares of the energy company’s stock worth $46,000 after buying an additional 101 shares in the last quarter. Finally, Baron Wealth Management LLC lifted its position in shares of Imperial Oil by 3.2% in the first quarter. Baron Wealth Management LLC now owns 4,030 shares of the energy company’s stock worth $527,000 after buying an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 20.74% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on IMO. Zacks Research upgraded Imperial Oil from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 15th. TD Securities reaffirmed a “sell” rating on shares of Imperial Oil in a report on Wednesday, May 13th. Imperial Capital reiterated a “sell” rating on shares of Imperial Oil in a research report on Tuesday, June 23rd. Scotiabank reissued a “sector perform” rating on shares of Imperial Oil in a report on Friday, July 17th. Finally, Desjardins upgraded shares of Imperial Oil to a “hold” rating in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $116.00.

Get Our Latest Stock Report on IMO

Imperial Oil Stock Up 2.4%

Shares of NYSEAMERICAN:IMO opened at $128.80 on Thursday. The company has a market cap of $62.29 billion, a price-to-earnings ratio of 30.38 and a beta of 0.45. Imperial Oil Limited has a 12 month low of $81.87 and a 12 month high of $139.44. The company has a current ratio of 1.23, a quick ratio of 1.02 and a debt-to-equity ratio of 0.17. The company has a 50-day moving average price of $120.77 and a 200 day moving average price of $120.11.

Imperial Oil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Thursday, June 4th were paid a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, June 4th. Imperial Oil’s dividend payout ratio (DPR) is presently 38.24%.

About Imperial Oil

(Free Report)

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.