238,971 Shares in International Paper Company $IP Purchased by Bastion Asset Management Inc.

Bastion Asset Management Inc. bought a new position in shares of International Paper Company (NYSE:IP) during the 1st quarter, HoldingsChannel reports. The firm bought 238,971 shares of the basic materials company’s stock, valued at approximately $8,721,000. International Paper comprises approximately 2.7% of Bastion Asset Management Inc.’s holdings, making the stock its 7th largest position.

Other institutional investors have also added to or reduced their stakes in the company. MCF Advisors LLC raised its holdings in shares of International Paper by 36.7% in the 4th quarter. MCF Advisors LLC now owns 853 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 229 shares in the last quarter. Rothschild Investment LLC increased its holdings in International Paper by 4.2% during the fourth quarter. Rothschild Investment LLC now owns 5,993 shares of the basic materials company’s stock valued at $236,000 after buying an additional 242 shares during the period. International Private Wealth Advisors LLC increased its holdings in International Paper by 4.1% during the fourth quarter. International Private Wealth Advisors LLC now owns 6,175 shares of the basic materials company’s stock valued at $243,000 after buying an additional 243 shares during the period. Independent Advisor Alliance raised its stake in International Paper by 3.3% in the fourth quarter. Independent Advisor Alliance now owns 7,750 shares of the basic materials company’s stock worth $305,000 after buying an additional 244 shares in the last quarter. Finally, Horizon Investments LLC raised its stake in International Paper by 3.3% in the fourth quarter. Horizon Investments LLC now owns 8,456 shares of the basic materials company’s stock worth $333,000 after buying an additional 267 shares in the last quarter. Hedge funds and other institutional investors own 81.95% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Bank of America cut International Paper from a “buy” rating to a “neutral” rating and set a $41.00 target price on the stock. in a research report on Tuesday. Seaport Research Partners raised International Paper from a “neutral” rating to a “buy” rating and set a $39.00 price target for the company in a research report on Friday, May 1st. Royal Bank Of Canada decreased their price objective on International Paper from $48.00 to $45.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Citigroup lifted their target price on International Paper from $36.00 to $43.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of International Paper in a report on Wednesday, April 1st. They issued a “hold” rating and a $38.00 target price for the company. Eight equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $44.06.

Insider Activity

In related news, Director Scott Tozier acquired 10,000 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were purchased at an average price 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 in the company, valued at $313,782.50. The trade was a 40,000.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is currently owned by company insiders.

International Paper Stock Performance

Shares of IP opened at $37.88 on Friday. International Paper Company has a 12 month low of $29.26 and a 12 month high of $56.13. The stock has a fifty day moving average price of $34.95 and a 200-day moving average price of $38.05. The company has a current ratio of 1.21, a quick ratio of 0.94 and a debt-to-equity ratio of 0.55. The firm has a market cap of $20.06 billion, a PE ratio of -5.96 and a beta of 0.94.

International Paper (NYSE:IP) last announced its earnings results on Thursday, April 30th. The basic materials company reported $0.15 earnings per share 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 business had revenue of $5.97 billion for the quarter, compared to analysts’ expectations of $6.02 billion. During the same quarter last year, the firm earned $0.17 earnings per share. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. Equities research analysts predict that International Paper Company will post 1.38 earnings per share for the current fiscal year.

International Paper Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be issued a $0.4625 dividend. This represents a $1.85 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Friday, August 14th. International Paper’s dividend payout ratio (DPR) is currently -29.09%.

Key Stories Impacting International Paper

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

• Positive Sentiment: Truist Financial reiterated a Buy rating and raised its price target on International Paper, signaling confidence in upside potential. Truist Financial Keeps Their Buy Rating on International Paper Co (IP)
• Positive Sentiment: International Paper declared a quarterly dividend of $0.4625 per share, reinforcing the company’s cash-return profile for shareholders. International Paper Declares Quarterly Dividends on Common and Preferred Shares
• Positive Sentiment: Zacks Research upgraded International Paper from strong sell to hold, which may be interpreted as a modest improvement in sentiment. Zacks.com
• Positive Sentiment: The company announced it will close its Carrollton South, Texas packaging facility by the end of Q3 2026, a move that could help streamline operations and strengthen the North America packaging network. International Paper to Close Carrollton South, Texas Packaging Facility
• Neutral Sentiment: Zacks Research made several small estimate changes for upcoming quarters and future years, including slight cuts to some periods and slight increases to others, suggesting a mixed earnings outlook rather than a clear catalyst. International Paper estimates and analyst updates
• Negative Sentiment: Bank of America reportedly downgraded International Paper to Neutral, which may temper enthusiasm after recent gains. International Paper (NYSE:IP) Downgraded to Neutral Rating by Bank of America
• Negative Sentiment: Zacks Research trimmed some near- and long-term EPS estimates, including Q3 2026 and FY2028, indicating slightly softer earnings expectations. International Paper analyst estimate revisions

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.