WINTON GROUP Ltd purchased a new stake in Imperial Petroleum Inc. (NASDAQ:IMPP – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 286,133 shares of the company’s stock, valued at approximately $1,319,000. WINTON GROUP Ltd owned approximately 0.63% of Imperial Petroleum at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of IMPP. Anson Funds Management LP purchased a new position in Imperial Petroleum in the fourth quarter worth $15,782,000. Empery Asset Management LP purchased a new stake in shares of Imperial Petroleum during the 4th quarter worth $11,522,000. PEAK6 LLC grew its stake in shares of Imperial Petroleum by 1,554.6% during the 4th quarter. PEAK6 LLC now owns 573,278 shares of the company’s stock worth $2,075,000 after purchasing an additional 538,631 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Imperial Petroleum by 134.3% in the 1st quarter. Renaissance Technologies LLC now owns 549,140 shares of the company’s stock valued at $2,350,000 after purchasing an additional 314,796 shares in the last quarter. Finally, Susquehanna Portfolio Strategies LLC purchased a new position in shares of Imperial Petroleum in the 4th quarter valued at about $916,000. Institutional investors and hedge funds own 94.44% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently commented on IMPP. Weiss Ratings reissued a “hold (c)” rating on shares of Imperial Petroleum in a report on Wednesday, August 5th. Maxim Group set a $9.00 price target on Imperial Petroleum and gave the stock a “buy” rating in a report on Tuesday, May 26th. Finally, Wall Street Zen upgraded Imperial Petroleum from a “buy” rating to a “strong-buy” rating in a report on Sunday. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $9.00.
Imperial Petroleum Stock Performance
IMPP stock opened at $5.79 on Friday. Imperial Petroleum Inc. has a 1 year low of $3.15 and a 1 year high of $6.57. The stock’s 50 day moving average price is $4.95 and its 200 day moving average price is $4.81. The firm has a market cap of $264.14 million, a P/E ratio of 3.03 and a beta of 1.27.
Imperial Petroleum (NASDAQ:IMPP – Get Free Report) last released its quarterly earnings results on Thursday, September 10th. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.03. Imperial Petroleum had a return on equity of 17.50% and a net margin of 36.76%.The company had revenue of $87.07 million during the quarter, compared to the consensus estimate of $72.07 million.
Key Imperial Petroleum News
Here are the key news stories impacting Imperial Petroleum this week:
- Positive Sentiment: Quarterly results exceeded expectations. Imperial Petroleum reported second-quarter EPS of $0.76, ahead of the $0.73 consensus estimate, while revenue reached $87.07 million versus expectations of $72.07 million. The company also reported a 34.99% net margin and 13.84% return on equity, supporting the view that strong tanker and drybulk shipping conditions are translating into significant profitability. Imperial Petroleum Inc. Reports Second Quarter and Six Months 2026 Financial and Operating Results
- Positive Sentiment: Record revenue and buybacks improved the investment narrative. Coverage highlighted record quarterly revenue, strong cash generation and a substantial repurchase of common shares during the latter part of the quarter. Share repurchases can support per-share earnings and signal management confidence, while the analysis also suggested limited near-term dilution risk. Imperial Petroleum: Buy On Strong Prospects And Substantial Share Repurchases
- Positive Sentiment: Preferred-share dividend demonstrates continued cash distributions. Imperial Petroleum declared a $0.546875-per-share dividend on its 8.75% Series A cumulative preferred stock, payable September 30 to holders of record September 25. Although this dividend is for preferred shareholders rather than common shareholders, the declaration indicates the company is maintaining its preferred obligations and has sufficient liquidity for the payment. Imperial Petroleum Inc. Declares Dividend on Series A Preferred Shares
- Neutral Sentiment: Reported short interest was listed at zero shares, unchanged from the prior period, suggesting short-covering is not a meaningful explanation for the recent move. The data may be incomplete or unreliable.
Imperial Petroleum Company Profile
Imperial Petroleum Inc provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers. As of April 1, 2024, the company owned and operated a fleet of six medium range refined petroleum product tankers; one Aframax tanker; two suezmax tankers; and two handysize drybulk carriers with a total capacity of 791,000 deadweight tons.
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