Mn Services Vermogensbeheer B.V. bought a new stake in International Paper Company (NYSE:IP – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 144,742 shares of the basic materials company’s stock, valued at approximately $4,801,000.
Several other large investors have also made changes to their positions in IP. GAMMA Investing LLC bought a new position in International Paper during the 3rd quarter valued at about $335,000. Farther Finance Advisors LLC acquired a new stake in shares of International Paper during the third quarter worth approximately $418,000. Gradient Investments LLC acquired a new stake in shares of International Paper during the third quarter worth approximately $1,015,000. Valeo Financial Advisors LLC bought a new position in shares of International Paper in the third quarter valued at approximately $542,000. Finally, Venture Visionary Partners LLC bought a new position in shares of International Paper in the third quarter valued at approximately $429,000. Institutional investors own 81.95% of the company’s stock.
International Paper Price Performance
IP opened at $32.10 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.10 and a quick ratio of 0.84. The stock has a market capitalization of $17.00 billion, a P/E ratio of -4.92, a price-to-earnings-growth ratio of 4.06 and a beta of 0.93. The company’s 50 day simple moving average is $37.12 and its 200-day simple moving average is $36.12. International Paper Company has a one year low of $29.26 and a one year high of $50.25.
International Paper Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th were given a dividend of $0.4625 per share. The ex-dividend date was Friday, August 14th. This represents a $1.85 dividend on an annualized basis and a dividend yield of 5.8%. International Paper’s payout ratio is presently -28.37%.
Analysts Set New Price Targets
A number of equities research analysts recently commented on IP shares. Wells Fargo & Company decreased their price target on International Paper from $46.00 to $42.00 and set an “overweight” rating on the stock in a research report on Wednesday. UBS Group cut their price objective on International Paper from $47.00 to $35.00 and set a “neutral” rating for the company in a research report on Monday. Truist Financial reissued a “buy” rating and issued a $49.00 price objective (up from $46.00) on shares of International Paper in a research note on Friday, July 31st. Royal Bank Of Canada raised their target price on International Paper from $48.00 to $52.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Finally, Seaport Research Partners reaffirmed a “buy” rating and issued a $46.00 price target on shares of International Paper in a report on Wednesday, August 12th. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $47.52.
Read Our Latest Stock Analysis on IP
Insider Buying and Selling at International Paper
In other news, CAO Holly G. Goughnour sold 3,500 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $41.96, for a total transaction of $146,860.00. Following the transaction, the chief accounting officer owned 34,248 shares of the company’s stock, valued at $1,437,046.08. This represents a 9.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP William Hamic sold 24,500 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the vice president owned 106,952 shares in the company, valued at approximately $4,406,422.40. This represents a 18.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.21% of the company’s stock.
International Paper Profile
International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and paper products. The company manufactures corrugated packaging, containerboard and other fiber-based packaging solutions used to protect, transport and display goods, along with market pulp and specialty paper products.
Founded in 1898, International Paper has developed operations serving customers across North America and Europe. Its activities also include recycling and the recovery of fiber used in paper and packaging production, supporting the company’s focus on renewable and recyclable materials.
International Paper completed its combination with DS Smith in 2025, expanding its geographic reach and packaging capabilities.
See Also
- Five stocks we like better than International Paper
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
- Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
- Arista Networks Plugs Into All-Time Highs
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.
