Sigma Planning Corp acquired a new stake in shares of International Paper Company (NYSE:IP – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 27,171 shares of the basic materials company’s stock, valued at approximately $1,035,000.
Other large investors have also modified their holdings of the company. Dynamic Technology Lab Private Ltd acquired a new position in International Paper during the first quarter worth $249,000. Intech Investment Management LLC boosted its stake in shares of International Paper by 100.5% in the 1st quarter. Intech Investment Management LLC now owns 32,025 shares of the basic materials company’s stock valued at $1,709,000 after purchasing an additional 16,055 shares in the last quarter. Cresset Asset Management LLC grew its holdings in shares of International Paper by 20.8% in the 2nd quarter. Cresset Asset Management LLC now owns 17,345 shares of the basic materials company’s stock worth $812,000 after purchasing an additional 2,981 shares during the last quarter. Jump Financial LLC increased its position in shares of International Paper by 280.9% during the 2nd quarter. Jump Financial LLC now owns 38,092 shares of the basic materials company’s stock worth $1,784,000 after purchasing an additional 28,092 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in International Paper by 8.0% during the 2nd quarter. Cerity Partners LLC now owns 33,749 shares of the basic materials company’s stock valued at $1,580,000 after purchasing an additional 2,493 shares during the last quarter. 81.95% of the stock is currently owned by institutional investors and hedge funds.
International Paper Stock Down 4.1%
Shares of International Paper stock opened at $36.36 on Wednesday. The business has a fifty day simple moving average of $39.63 and a 200 day simple moving average of $37.58. The stock has a market cap of $19.26 billion, a PE ratio of -5.58 and a beta of 0.93. The company has a quick ratio of 0.84, a current ratio of 1.10 and a debt-to-equity ratio of 0.57. International Paper Company has a 12 month low of $29.26 and a 12 month high of $50.25.
International Paper Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be paid a $0.4625 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.85 annualized dividend and a yield of 5.1%. International Paper’s payout ratio is presently -28.37%.
Key Headlines Impacting International Paper
Here are the key news stories impacting International Paper this week:
- Positive Sentiment: Zacks Research raised several longer-term EPS estimates. Forecasts increased for Q1 2027 to $0.64 from $0.60, FY2027 to $2.81 from $2.75, and FY2028 to $3.52 from $3.47. Estimates for Q3 2027, Q4 2027 and Q1 2028 were also raised slightly, suggesting analysts see potential for earnings improvement beyond fiscal 2026. Zacks maintained a “Hold” rating. Zacks Research estimates
- Positive Sentiment: Insider buying provides a limited supportive signal. Over the past six months, executives Anders Gustafsson and Scott Tozier purchased roughly $1.3 million of IP shares in total, although another executive sold approximately $1.0 million. International Paper trading analysis
- Neutral Sentiment: International Paper and other partners were associated with nearly $5 million in habitat-restoration grants in the Lower Mississippi Alluvial Valley. The initiative may support the company’s environmental profile, but the announcement is unlikely to materially affect earnings or valuation. NFWF habitat-restoration grants
- Negative Sentiment: Near-term earnings expectations were reduced. Zacks cut Q3 2026 EPS to $0.32 from $0.34 and FY2026 EPS to $1.29 from $1.32. The revisions reinforce concerns that the current-year recovery remains uneven.
- Negative Sentiment: Soft demand and weak profitability continue to weigh on sentiment. Recent results showed lower sales volumes, revenue below the year-earlier period, and only $0.04 in adjusted operating earnings per share. Investors are also questioning how much additional benefit containerboard price increases can provide. A broader risk-off market, geopolitical concerns and higher oil prices have added pressure to cyclical materials stocks such as IP. International Paper stock analysis
Insider Buying and Selling
In other International Paper news, VP William Thomas Hamic sold 24,500 shares of International Paper stock in a transaction on Friday, August 7th. The shares were sold at an average price of $41.20, for a total value of $1,009,400.00. Following the sale, the vice president directly owned 106,952 shares in the company, valued at approximately $4,406,422.40. The trade was a 18.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Holly G. Goughnour sold 3,500 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $41.96, for a total value of $146,860.00. Following the sale, the chief accounting officer owned 34,248 shares in the company, valued at $1,437,046.08. The trade was a 9.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.21% of the company’s stock.
Analyst Ratings Changes
IP has been the subject of a number of research analyst reports. Weiss Ratings upgraded shares of International Paper from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 21st. Wells Fargo & Company increased their price target on International Paper from $42.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Wall Street Zen cut International Paper from a “hold” rating to a “sell” rating in a report on Tuesday, August 25th. Loop Capital set a $61.00 price objective on International Paper in a research report on Tuesday, July 28th. Finally, Citigroup increased their target price on International Paper from $43.00 to $48.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Nine equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $48.75.
View Our Latest Stock Report on IP
International Paper Profile
International Paper is a global producer of renewable fiber-based products, focused primarily on pulp, paper, and packaging. The company manufactures containerboard and corrugated packaging used for shipping and retail display, as well as a range of specialty papers and pulp products that serve industrial, consumer goods, and e-commerce customers. Its product portfolio is oriented toward large-scale packaging solutions, tissue and paper grades, and raw pulp for a variety of manufacturing uses.
Founded in 1898, International Paper is headquartered in Memphis, Tennessee, and is one of the largest and longest-established companies in the forest products sector.
Recommended Stories
- Five stocks we like better than International Paper
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Want to see what other hedge funds are holding IP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Paper Company (NYSE:IP – Free Report).
Receive News & Ratings for International Paper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Paper and related companies with MarketBeat.com's FREE daily email newsletter.
