Candriam S.C.A. Cuts Stake in International Paper Company $IP

Candriam S.C.A. lowered its stake in shares of International Paper Company (NYSE:IP) by 74.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,141 shares of the basic materials company’s stock after selling 17,743 shares during the period. Candriam S.C.A.’s holdings in International Paper were worth $219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of IP. McIlrath & Eck LLC increased its holdings in International Paper by 452.6% in the 4th quarter. McIlrath & Eck LLC now owns 641 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 525 shares during the last quarter. MV Capital Management Inc. purchased a new stake in International Paper in the 4th quarter worth $25,000. Ascentis Independent Advisors bought a new position in shares of International Paper during the 1st quarter valued at about $28,000. DV Equities LLC bought a new position in shares of International Paper during the 4th quarter valued at about $29,000. Finally, Sound Income Strategies LLC grew its position in shares of International Paper by 94.0% during the fourth quarter. Sound Income Strategies LLC now owns 710 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 344 shares in the last quarter. Hedge funds and other institutional investors own 81.95% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Citigroup lifted their target price on International Paper from $36.00 to $43.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Seaport Research Partners upgraded International Paper from a “neutral” rating to a “buy” rating and set a $39.00 price target for the company in a report on Friday, May 1st. JPMorgan Chase & Co. lifted their price objective on International Paper from $43.00 to $51.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Deutsche Bank Aktiengesellschaft started coverage on International Paper in a report on Wednesday, April 1st. They set a “hold” rating and a $38.00 price objective on the stock. Finally, Royal Bank Of Canada lowered their target price on International Paper from $48.00 to $45.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $44.06.

Insider Buying and Selling

In other news, Director Scott Tozier acquired 10,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were acquired at an average price of $31.30 per share, for a total transaction of $313,000.00. Following the completion of the transaction, the director directly owned 10,025 shares of the company’s stock, valued at approximately $313,782.50. The trade was a 40,000.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.21% of the stock is owned by insiders.

Key Stories Impacting International Paper

Here are the key news stories impacting International Paper this week:

• Positive Sentiment: Truist Financial raised its price target on International Paper to $46 from $40 and reiterated a Buy rating, signaling confidence in further upside for International Paper (IP). Truist Financial Keeps Their Buy Rating on International Paper Co (IP)
• Positive Sentiment: International Paper (IP) declared a quarterly dividend of $0.4625 per share on common stock, implying a roughly 5% annualized yield and reinforcing the company’s commitment to returning cash to shareholders. International Paper Declares Quarterly Dividend
• Positive Sentiment: Zacks Research upgraded International Paper (IP) from Strong Sell to Hold, a modestly better view that may ease some bearish pressure. International Paper upgraded by Zacks Research
• Neutral Sentiment: Zacks Research slightly raised near-term earnings estimates for International Paper (IP) for Q4 2026 and Q1 2027, while trimming estimates for Q3 2027; the revisions suggest only small changes to the company’s outlook rather than a major fundamental shift.
• Negative Sentiment: Bank of America downgraded International Paper (IP) from Buy to Neutral, which may have weighed on sentiment even though the firm still sees some upside via its price target. International Paper Shares Slip After BofA Downgrades Stock to Neutral (IP)
• Negative Sentiment: Zacks Research also lowered some future earnings estimates for International Paper (IP), including Q3 2027, which could signal softer profit expectations ahead.

International Paper Trading Up 0.9%

Shares of IP stock opened at $36.81 on Thursday. The company has a market cap of $19.49 billion, a PE ratio of -5.79 and a beta of 0.94. International Paper Company has a 1 year low of $29.26 and a 1 year high of $56.13. The stock’s 50 day simple moving average is $34.86 and its two-hundred day simple moving average is $38.06. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.21 and a quick ratio of 0.94.

International Paper (NYSE:IP) last announced its earnings results on Thursday, April 30th. The basic materials company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). The company had revenue of $5.97 billion during the quarter, compared to analysts’ expectations of $6.02 billion. International Paper had a negative return on equity of 0.49% and a negative net margin of 13.42%.International Paper’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.17 EPS. Research analysts predict that International Paper Company will post 1.38 earnings per share for the current year.

International Paper Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.4625 per share. This represents a $1.85 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend is Friday, August 14th. International Paper’s payout ratio is presently -29.09%.

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.