Westfield Capital Management Co. LP Makes New Investment in IMAX Corporation $IMAX

Westfield Capital Management Co. LP acquired a new stake in shares of IMAX Corporation (NYSE:IMAX) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,622,625 shares of the company’s stock, valued at approximately $53,141,000.

Other institutional investors and hedge funds have also modified their holdings of the company. TD Waterhouse Canada Inc. raised its position in IMAX by 125.0% during the second quarter. TD Waterhouse Canada Inc. now owns 900 shares of the company’s stock valued at $25,000 after acquiring an additional 500 shares in the last quarter. First Horizon Corp acquired a new stake in shares of IMAX during the 3rd quarter worth approximately $34,000. Jones Financial Companies Lllp grew its stake in shares of IMAX by 43.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,041 shares of the company’s stock worth $34,000 after purchasing an additional 317 shares during the period. Clearstead Advisors LLC purchased a new position in shares of IMAX during the 3rd quarter valued at approximately $35,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of IMAX by 467.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,215 shares of the company’s stock valued at $40,000 after purchasing an additional 1,001 shares during the period. Institutional investors and hedge funds own 93.51% of the company’s stock.

IMAX News Roundup

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: IMAX reported a solid Q4: $0.58 EPS vs. $0.43 consensus and revenue of $125.2M (up ~35% YoY), with improved margins — a direct driver of today’s upside. MarketBeat Q4 Report
• Positive Sentiment: Box‑office tailwinds: IMAX benefited from heavy lift by Avatar: Fire & Ash and other tentpoles, helping IMAX post its best-ever global box office ($1.28B in 2025) and fueling expectations for further upside. Deadline: Avatar drives Q4
• Positive Sentiment: Dune 3 secured IMAX exclusivity for its opening weekend in many markets, boosting premium-screen demand and helping IMAX capture a larger share of opening-week revenue. That exclusivity likely contributed to positive investor sentiment. Yahoo: Dune 3 wins IMAX opening
• Positive Sentiment: Analyst upgrades and higher targets: JPMorgan raised its target to $48 (overweight) and Benchmark raised its target to $44 (buy); Rosenblatt reiterated buy — analyst support adds conviction and likely helped the rally. Benzinga coverage TickerReport Rosenblatt note
• Neutral Sentiment: IMAX published a formal target for $1.4B global box office in 2026 and said it’s expanding premium content and network reach — a positive roadmap but execution- and box-office dependent. Seeking Alpha: 2026 target
• Neutral Sentiment: Non‑studio content initiatives (Studio Ghibli re‑releases, select live F1 events) broaden revenue streams but are smaller contributors versus blockbuster openings. Collider: Ghibli re-release KHOU: F1 in IMAX
• Negative Sentiment: Marvel’s Avengers: Doomsday will not have an IMAX opening‑week release in the U.S., which could limit near‑term IMAX volume from one of the season’s biggest films. This is a headwind vs. expectations for universal IMAX distribution on tentpoles. Gizmodo: Avengers not in IMAX opening
• Negative Sentiment: Coverage notes that Avengers and other Marvel titles may be IMAX‑enabled in select international markets but not the U.S., creating uneven revenue upside across regions. ComicBookMovie: IMAX exclusions

IMAX Trading Up 14.8%

IMAX stock opened at $41.92 on Friday. IMAX Corporation has a 12-month low of $20.48 and a 12-month high of $42.46. The business’s 50-day moving average is $36.32 and its 200 day moving average is $33.86. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 0.00, a PEG ratio of 1.81 and a beta of 0.38.

Wall Street Analyst Weigh In

Several research firms recently commented on IMAX. Roth Mkm restated a “buy” rating and set a $42.00 price target on shares of IMAX in a research report on Monday, December 8th. B. Riley Financial reissued a “buy” rating on shares of IMAX in a research note on Monday, December 8th. Wells Fargo & Company lifted their price target on IMAX from $40.00 to $47.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Weiss Ratings reiterated a “buy (b)” rating on shares of IMAX in a research report on Monday, December 29th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $47.00 price objective on shares of IMAX in a report on Tuesday. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $43.00.

IMAX Company Profile

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.