Candriam S.C.A. Decreases Position in International Paper Company $IP

Candriam S.C.A. lessened its position in 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 SEC. The institutional investor 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 SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. McIlrath & Eck LLC increased its holdings in shares of International Paper by 452.6% in the 4th quarter. McIlrath & Eck LLC now owns 641 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 525 shares in the last quarter. MV Capital Management Inc. bought a new position in shares of International Paper during the fourth quarter valued at $25,000. Ascentis Independent Advisors bought a new position in shares of International Paper during the first quarter valued at $28,000. DV Equities LLC purchased a new stake in shares of International Paper during the fourth quarter valued at $29,000. Finally, Sound Income Strategies LLC boosted 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 buying an additional 344 shares during the last quarter. Hedge funds and other institutional investors own 81.95% of the company’s stock.

Wall Street Analyst Weigh In

IP has been the topic of several research analyst reports. Royal Bank Of Canada lowered their target price on shares of International Paper from $48.00 to $45.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. UBS Group reduced their price target on shares of International Paper from $40.00 to $32.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Seaport Research Partners raised shares of International Paper from a “neutral” rating to a “buy” rating and set a $39.00 price objective for the company in a report on Friday, May 1st. BNP Paribas Exane lowered their price objective on shares of International Paper from $44.00 to $42.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 25th. Finally, Bank of America cut shares of International Paper from a “buy” rating to a “neutral” rating and set a $41.00 target price on the stock. in a report on Tuesday. Eight analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, International Paper currently has an average rating of “Moderate Buy” and an average target price of $44.06.

International Paper Trading Up 0.9%

Shares of NYSE:IP opened at $36.81 on Thursday. The stock has a 50 day moving average of $34.86 and a 200 day moving average of $38.06. The company has a market cap of $19.49 billion, a PE ratio of -5.79 and a beta of 0.94. The company has a current ratio of 1.21, a quick ratio of 0.94 and a debt-to-equity ratio of 0.55. International Paper Company has a 12-month low of $29.26 and a 12-month high of $56.13.

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

International Paper Dividend Announcement

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

Trending Headlines about 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.

Insider Activity at International Paper

In other news, Director Scott Tozier acquired 10,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were purchased at an average cost of $31.30 per share, for a total transaction of $313,000.00. Following the transaction, the director directly owned 10,025 shares of the company’s stock, valued at approximately $313,782.50. This trade represents a 40,000.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.21% of the stock is owned by insiders.

International Paper Company 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.