D.A. Davidson & CO. Buys 31,518 Shares of International Paper Company $IP

D.A. Davidson & CO. raised its stake in International Paper Company (NYSE:IP) by 29.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 137,856 shares of the basic materials company’s stock after buying an additional 31,518 shares during the period. D.A. Davidson & CO.’s holdings in International Paper were worth $4,921,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bank of New York Mellon Corp lifted its stake in shares of International Paper by 66.2% in the 1st quarter. Bank of New York Mellon Corp now owns 13,601,299 shares of the basic materials company’s stock valued at $485,566,000 after acquiring an additional 5,417,274 shares during the last quarter. Gentry Private Wealth LLC boosted its holdings in shares of International Paper by 13.7% during the 1st quarter. Gentry Private Wealth LLC now owns 8,260 shares of the basic materials company’s stock valued at $295,000 after acquiring an additional 997 shares in the last quarter. NFSG Corp bought a new stake in International Paper during the 1st quarter worth $37,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in International Paper by 57.9% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 12,831 shares of the basic materials company’s stock worth $458,000 after acquiring an additional 4,706 shares during the last quarter. Finally, Bleakley Financial Group LLC increased its holdings in International Paper by 41.4% in the 1st quarter. Bleakley Financial Group LLC now owns 14,605 shares of the basic materials company’s stock worth $521,000 after purchasing an additional 4,279 shares in the last quarter. Institutional investors own 81.95% of the company’s stock.

Analyst Upgrades and Downgrades

IP has been the subject of several research reports. Truist Financial increased their target price on International Paper from $40.00 to $46.00 and gave the company a “buy” rating in a research report on Wednesday. BNP Paribas Exane reduced their price target on International Paper from $44.00 to $42.00 and set an “outperform” rating on the stock in a report on Wednesday, March 25th. Wells Fargo & Company upped their price objective on International Paper from $39.00 to $42.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Weiss Ratings lowered shares of International Paper from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, April 27th. Finally, Citigroup lifted their target price on shares of International Paper from $36.00 to $43.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Eight equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $44.31.

Insider Activity at International Paper

In related news, Director Scott Tozier bought 10,000 shares of International Paper stock in a transaction that occurred on Friday, May 1st. The shares were acquired at an average cost of $31.30 per share, for a total transaction of $313,000.00. Following the completion of the acquisition, 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 purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.21% of the stock is currently owned by corporate insiders.

International Paper Stock Down 0.9%

Shares of NYSE:IP opened at $37.53 on Friday. The firm has a market cap of $19.87 billion, a P/E ratio of -5.90 and a beta of 0.94. The company has a quick ratio of 0.94, a current ratio of 1.21 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. The business has a fifty day simple moving average of $35.04 and a 200 day simple moving average of $38.04.

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 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 company had revenue of $5.97 billion for the quarter, compared to analyst estimates of $6.02 billion. During the same period in the previous year, the firm posted $0.17 earnings per share. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. Analysts predict that International Paper Company will post 1.39 earnings per share for the current year.

International Paper Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be paid a $0.4625 dividend. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend is Friday, August 14th. International Paper’s payout ratio is currently -29.09%.

Key Headlines Impacting International Paper

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

• Positive Sentiment: Wells Fargo reiterated a Buy rating on International Paper, and Royal Bank of Canada raised its price target from $45 to $48, signaling continued analyst confidence in upside potential. International Paper Co (IP) Gets a Buy from Wells Fargo
• Positive Sentiment: The company announced new independent board appointments, adding Katherine Collins and Lori J. Ryerkerk, which may be viewed as a governance-strengthening move. International Paper Announces Changes to Its Board of Directors
• Positive Sentiment: Truist Financial issued a positive forecast for International Paper, adding to the constructive analyst tone around the stock. Truist Financial Issues Positive Forecast for International Paper (NYSE:IP) Stock Price
• Neutral Sentiment: International Paper’s board changes also included the departure of directors Dr. Kathryn Sullivan and Ahmet, suggesting a broader refresh rather than a clear operational catalyst. International Paper Announces Changes to Its Board of Directors
• Neutral Sentiment: Zacks Research trimmed its Q3 2026 EPS estimate to $0.51 from $0.53 and lowered FY2028 EPS slightly to $3.25 from $3.28, but kept a Hold rating, making this more of a mild caution than a major negative. International Paper Company (NYSE:IP) – Free Report
• Negative Sentiment: International Paper said it will close its Carrollton South, Texas packaging facility by the end of Q3 2026, and another report said the company will also close a Texas plant, highlighting ongoing network rationalization that can weigh on sentiment. International Paper to Close Carrollton South, Texas Packaging Facility

About International Paper

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.