First Eagle Investments's position in Imperial Oil Ltd. is currently worth $1.79B. That's 3.43% of their equity portfolio (4th largest holding). The investor owns 3.88% of the outstanding Imperial Oil Ltd. stock. The first Imperial Oil Ltd. trade was made in Q3 2015. Since then First Eagle Investments bought shares 23 more times and sold shares on sixteen occasions. The stake costed the investor $608M, netting the investor a gain of 195% so far.
Imperial Oil pays a strong dividend and has recently repurchased shares creating shareholder value. Read more to see why IMO stock is a Buy.