New York Life Investment Management LLC Makes New Investment in International Paper Company $IP

New York Life Investment Management LLC bought a new position in International Paper Company (NYSE:IP) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 73,541 shares of the basic materials company’s stock, valued at approximately $2,439,000.

A number of other institutional investors have also recently bought and sold shares of IP. Pinion Investment Advisors LLC acquired a new stake in International Paper during the third quarter valued at approximately $545,000. M&G PLC bought a new stake in shares of International Paper in the 3rd quarter valued at approximately $38,732,000. Kestra Investment Management LLC acquired a new position in shares of International Paper in the 3rd quarter worth approximately $240,000. AlphaCore Capital LLC acquired a new position in shares of International Paper in the 3rd quarter worth approximately $751,000. Finally, Fulcrum Asset Management LLP acquired a new position in shares of International Paper in the 3rd quarter worth approximately $1,895,000. Institutional investors and hedge funds own 81.95% of the company’s stock.

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

International Paper Price Performance

IP stock traded up $0.49 during midday trading on Friday, reaching $34.43. 4,645,405 shares of the company’s stock traded hands, compared to its average volume of 5,774,791. The company has a 50-day simple moving average of $34.13 and a two-hundred day simple moving average of $37.04. The company has a quick ratio of 0.75, a current ratio of 0.99 and a debt-to-equity ratio of 0.57. International Paper Company has a 1-year low of $29.26 and a 1-year high of $50.25. The company 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.

International Paper (NYSE:IP) last posted its quarterly earnings data on Wednesday, October 28th. The basic materials company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.08. The company had revenue of $6.20 billion for the quarter, compared to analyst estimates of $6.28 billion. International Paper had a positive return on equity of 1.77% and a negative net margin of 14.32%. The business’s revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.43) earnings per share. On average, analysts anticipate that International Paper Company will post 1.11 earnings per share for the current year.

International Paper Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 16th will be issued a $0.4625 dividend. This represents a $1.85 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Monday, November 16th. International Paper’s payout ratio is currently -28.20%.

Analyst Upgrades and Downgrades

Several analysts recently commented on IP shares. UBS Group decreased their price target on International Paper from $47.00 to $35.00 and set a “neutral” rating on the stock in a research note on Monday, October 5th. Argus reiterated a “buy” rating and set a $45.00 price objective on shares of International Paper in a research note on Thursday, September 24th. Wells Fargo & Company cut their price objective on International Paper from $46.00 to $42.00 and set an “overweight” rating for the company in a report on Wednesday, October 7th. Citigroup lowered their target price on shares of International Paper from $47.00 to $41.00 and set a “buy” rating on the stock in a report on Friday, October 30th. Finally, Seaport Research Partners reiterated a “buy” rating and set a $46.00 target price on shares of International Paper in a research report on Wednesday, August 12th. Ten 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $45.44.

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.