Bessemer Group Inc. boosted its holdings in shares of International Seaways Inc. (NYSE:INSW – Free Report) by 45.3% in the 1st quarter, Holdings Channel reports. The firm owned 102,940 shares of the transportation company’s stock after buying an additional 32,073 shares during the period. Bessemer Group Inc.’s holdings in International Seaways were worth $7,503,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in INSW. Royal Bank of Canada lifted its position in shares of International Seaways by 42.0% during the 1st quarter. Royal Bank of Canada now owns 9,365 shares of the transportation company’s stock valued at $311,000 after acquiring an additional 2,768 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of International Seaways by 3.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,089 shares of the transportation company’s stock valued at $800,000 after purchasing an additional 900 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of International Seaways by 16.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 128,428 shares of the transportation company’s stock valued at $4,264,000 after purchasing an additional 18,509 shares during the last quarter. Prudential Financial Inc. acquired a new position in shares of International Seaways in the 2nd quarter valued at $223,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in International Seaways in the 2nd quarter worth about $1,626,000. Institutional investors and hedge funds own 67.29% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on INSW. Wall Street Zen upgraded International Seaways from a “buy” rating to a “strong-buy” rating in a report on Monday, April 13th. Weiss Ratings upgraded shares of International Seaways from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Zacks Research downgraded shares of International Seaways from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 25th. Pareto Securities lowered shares of International Seaways from a “buy” rating to a “hold” rating in a report on Monday, May 18th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $100.00 price target on shares of International Seaways in a research report on Friday, May 8th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $86.00.
Trending Headlines about International Seaways
Here are the key news stories impacting International Seaways this week:
- Positive Sentiment: International Seaways was highlighted after earnings upgrades and increased analyst confidence in its outlook, helping fuel the stock’s recent strength. International Seaways (INSW) Is Up 6.3% After Earnings Upgrades And Higher Analyst Confidence In Outlook
- Positive Sentiment: INSW was added to Zacks’ Rank #1 (Strong Buy) value stocks list, which may attract value-focused investors and reinforce bullish sentiment. Best Value Stocks to Buy for July 17th
- Positive Sentiment: Zacks upgraded International Seaways to Strong Buy, citing improved earnings prospects, which could support further upside if the company keeps delivering beats. International Seaways (INSW) Upgraded to Strong Buy: Here’s Why
- Positive Sentiment: Analysts noted firm tanker rates, tight supply, and good charter visibility, all of which are supportive for INSW’s shipping earnings. International Seaways Stock Outlook as Tanker Rates Stay Firm
- Neutral Sentiment: Coverage also pointed to tanker industry trends in 2026, including fleet renewal and route disruptions, which may influence supply/demand dynamics but are longer-term in nature. International Seaways and the Tanker Trends Reshaping Shipping in 2026
- Neutral Sentiment: Additional articles flagged INSW as a momentum and earnings-beat candidate, reinforcing the bullish narrative but not adding materially new fundamentals. Why International Seaways (INSW) is a top momentum stock for the long term
- Neutral Sentiment: More Zacks coverage suggested INSW has a history of beating estimates and could do so again, supporting optimism ahead of the next earnings report. Will International Seaways (INSW) Beat Estimates Again in Its Next Earnings Report?
International Seaways Stock Down 0.1%
NYSE:INSW opened at $86.67 on Monday. The business’s fifty day moving average price is $83.40 and its 200 day moving average price is $73.08. The firm has a market capitalization of $4.29 billion, a price-to-earnings ratio of 7.89 and a beta of -0.12. The company has a current ratio of 7.34, a quick ratio of 7.28 and a debt-to-equity ratio of 0.26. International Seaways Inc. has a 1-year low of $38.25 and a 1-year high of $92.66.
International Seaways (NYSE:INSW – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The transportation company reported $3.90 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $1.03. The firm had revenue of $325.48 million during the quarter, compared to analyst estimates of $279.34 million. International Seaways had a return on equity of 21.04% and a net margin of 55.39%.The business’s quarterly revenue was up 77.5% compared to the same quarter last year. During the same period last year, the company posted $0.80 EPS. On average, sell-side analysts forecast that International Seaways Inc. will post 15.62 earnings per share for the current fiscal year.
International Seaways Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Friday, June 12th. International Seaways’s dividend payout ratio (DPR) is currently 4.37%.
Insider Activity at International Seaways
In related news, SVP Derek G. Solon sold 4,700 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $89.22, for a total transaction of $419,334.00. Following the transaction, the senior vice president directly owned 49,719 shares of the company’s stock, valued at approximately $4,435,929.18. The trade was a 8.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Lois K. Zabrocky sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $88.08, for a total transaction of $2,202,000.00. Following the completion of the transaction, the chief executive officer owned 181,745 shares in the company, valued at approximately $16,008,099.60. This represents a 12.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 42,530 shares of company stock valued at $3,699,995. Company insiders own 1.70% of the company’s stock.
International Seaways Profile
International Seaways, Inc (NYSE: INSW) is an independent tanker company that provides seaborne transportation services to oil companies, commodity traders and national oil companies. The firm’s operations focus on the carriage of crude oil and refined petroleum products, offering both time charter and voyage charter arrangements. With a modern fleet of very large crude carriers (VLCCs), Suezmax and Aframax tankers, as well as medium range (MR) and Handy product tankers, International Seaways supports global energy supply chains across major trade routes.
Founded in 1997 as Diamond S Shipping, the company completed its initial public offering in the late 1990s and rebranded to International Seaways in September 2018.
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