International Paper Company $IP Shares Newly Acquired by McKinney Capital Management LLC

McKinney Capital Management LLC purchased a new stake in shares of International Paper Company (NYSE:IP) during the 3rd quarter, HoldingsChannel reports. The firm purchased 38,224 shares of the basic materials company’s stock, valued at approximately $1,268,000.

Other hedge funds have also modified their holdings of the company. Aberdeen Group plc purchased a new stake in International Paper in the third quarter valued at approximately $3,708,000. Allworth Financial LP raised its position in International Paper by 12.2% during the 3rd quarter. Allworth Financial LP now owns 13,846 shares of the basic materials company’s stock worth $459,000 after buying an additional 1,510 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in International Paper during the 3rd quarter worth approximately $21,278,000. Eurizon Capital SGR S.p.A. purchased a new position in International Paper during the 3rd quarter worth approximately $10,713,000. Finally, CENTRAL TRUST Co acquired a new stake in International Paper during the 3rd quarter valued at approximately $539,000. 81.95% of the stock is owned by institutional investors and hedge funds.

Recent International Paper Headlines

These are some of the IP headlines that stood out recently:

• Negative Sentiment: Zacks cut its Q4 2026 EPS estimate from $0.78 to $0.55 and reduced estimates for each quarter of 2027. Its FY2027 forecast fell from $2.86 to $2.46 per share. The firm also lowered its FY2028 estimate from $3.57 to $3.29, including cuts to several 2028 quarterly forecasts. Zacks Research Has Negative Opinion of IP FY2026 Earnings

Wall Street Analysts Forecast Growth

Several analysts have recently commented on IP shares. Wells Fargo & Company dropped their price objective on shares of International Paper from $46.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, October 7th. UBS Group cut their price objective on shares of International Paper from $47.00 to $35.00 and set a “neutral” rating on the stock in a research note on Monday, October 5th. Seaport Research Partners reissued a “buy” rating and set a $46.00 target price on shares of International Paper in a report on Wednesday, August 12th. Bank of America restated a “buy” rating on shares of International Paper in a research report on Thursday, October 29th. Finally, JPMorgan Chase & Co. decreased their target price on shares of International Paper from $62.00 to $51.00 and set an “overweight” rating for the company in a research report on Thursday, October 29th. Ten investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.44.

International Paper Stock Performance

Shares of NYSE IP traded up $0.49 during midday trading on Friday, reaching $34.43. 4,645,405 shares of the stock were exchanged, compared to its average volume of 5,774,791. The company has a quick ratio of 0.75, a current ratio of 0.99 and a debt-to-equity ratio of 0.57. The firm has a market cap of $18.24 billion, a price-to-earnings ratio of -5.25, a PEG ratio of 5.11 and a beta of 0.97. The firm has a 50-day simple moving average of $34.13 and a two-hundred day simple moving average of $37.04. International Paper Company has a twelve month low of $29.26 and a twelve month high of $50.25.

International Paper (NYSE:IP) last posted its earnings results on Wednesday, October 28th. The basic materials company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.08. International Paper had a negative net margin of 14.32% and a positive return on equity of 1.77%. The firm had revenue of $6.20 billion during the quarter, compared to analysts’ expectations of $6.28 billion. During the same period in the previous year, the business posted ($0.43) EPS. The business’s revenue was down .4% compared to the same quarter last year. As a group, analysts anticipate that International Paper Company will post 1.11 EPS for the current fiscal year.

International Paper Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 16th will be given a dividend of $0.4625 per share. This represents a $1.85 annualized dividend and a yield of 5.4%. The ex-dividend date is Monday, November 16th. International Paper’s dividend payout ratio (DPR) is currently -28.20%.

International Paper Company Profile

International Paper is a global producer of fiber-based packaging and pulp products. Its packaging offerings include containerboard and corrugated packaging used to protect and transport goods, while its pulp products serve a range of consumer and industrial applications. The company traces its origins to 1898, when several U.S. paper manufacturers combined to form International Paper. Over time, it has evolved through acquisitions and changes to its business, with a focus on renewable, fiber-based materials and packaging solutions.