Thrivent Financial for Lutherans Acquires 52,195 Shares of International Paper Company $IP

Thrivent Financial for Lutherans lifted its holdings in International Paper Company (NYSE:IP) by 25.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 258,263 shares of the basic materials company’s stock after buying an additional 52,195 shares during the quarter. Thrivent Financial for Lutherans’ holdings in International Paper were worth $10,173,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. AE Wealth Management LLC boosted its stake in shares of International Paper by 8.5% in the third quarter. AE Wealth Management LLC now owns 332,310 shares of the basic materials company’s stock worth $15,419,000 after acquiring an additional 26,146 shares during the period. Caprock Group LLC bought a new position in International Paper during the third quarter valued at approximately $2,340,000. Icon Advisers Inc. Co. bought a new position in International Paper during the third quarter valued at approximately $4,853,000. Advisors Preferred LLC bought a new position in International Paper during the third quarter valued at approximately $1,181,000. Finally, Barclays PLC boosted its stake in International Paper by 12.4% during the third quarter. Barclays PLC now owns 2,348,177 shares of the basic materials company’s stock valued at $108,955,000 after buying an additional 259,371 shares during the last quarter. Institutional investors own 81.95% of the company’s stock.

International Paper Price Performance

NYSE:IP opened at $29.42 on Wednesday. The firm has a market capitalization of $15.58 billion, a price-to-earnings ratio of -4.62 and a beta of 0.93. International Paper Company has a 1 year low of $29.36 and a 1 year high of $56.13. The business has a 50 day simple moving average of $34.78 and a 200-day simple moving average of $38.83. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.21 and a quick ratio of 0.94.

International Paper (NYSE:IP) last posted its quarterly earnings data on Thursday, April 30th. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.03). The company had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $6.02 billion. International Paper had a negative net margin of 13.42% and a negative return on equity of 0.49%. International Paper’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.17 earnings per share. Equities analysts forecast that International Paper Company will post 1.38 EPS for the current year.

International Paper Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 22nd will be paid a $0.4625 dividend. This represents a $1.85 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, May 22nd. International Paper’s dividend payout ratio (DPR) is presently -29.09%.

Trending Headlines about International Paper

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

• Positive Sentiment: International Paper announced it has acquired Delmarva Corrugated Packaging in Dover, Delaware, expanding its East Coast footprint and sustainable packaging capacity. The deal should help strengthen its converting network and presence in a growing regional market. International Paper Acquires a Converting Facility from Delmarva Corrugated Packaging
• Positive Sentiment: Zacks Research raised its Q4 2026 EPS estimate for International Paper to $0.61 from $0.59 and increased its Q2 2027 estimate to $0.67 from $0.62, which suggests some improvement in longer-term earnings expectations. IP Boosts Footprint With Converting Facility Acquisition in Dover
• Neutral Sentiment: Several recent Zacks revisions were mixed overall, including higher estimates for some later periods but lower forecasts for Q2 2026, Q1 2027, and FY2026. The firm also maintained a “Strong Sell” rating, keeping sentiment cautious. Zacks estimate changes for International Paper
• Negative Sentiment: Zacks Research cut its Q2 2026 EPS estimate to $0.01 from $0.27, lowered FY2026 EPS to $1.28 from $1.60, and reduced Q1 2027 EPS to $0.51 from $0.72, reinforcing concerns about near-term earnings pressure. Zacks lowered estimates for International Paper

Insider Activity at International Paper

In related news, Director Scott Tozier acquired 10,000 shares of the stock in a transaction dated Friday, May 1st. The stock was acquired at an average cost of $31.30 per share, with a total value of $313,000.00. Following the purchase, the director directly owned 10,025 shares of the company’s stock, valued at approximately $313,782.50. This trade represents a 40,000.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Anders Gustafsson purchased 13,217 shares of International Paper stock in a transaction dated Thursday, March 12th. The stock was acquired at an average price of $37.83 per share, for a total transaction of $499,999.11. Following the completion of the acquisition, the director owned 26,092 shares of the company’s stock, valued at approximately $987,060.36. This trade represents a 102.66% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 36,092 shares of company stock valued at $1,313,064 over the last ninety days. Corporate insiders own 0.21% of the company’s stock.

Analysts Set New Price Targets

IP has been the subject of a number of research reports. Jefferies Financial Group increased their price target on International Paper from $47.00 to $48.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Truist Financial dropped their price target on International Paper from $48.00 to $44.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Wells Fargo & Company raised International Paper from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $38.00 to $39.00 in a research note on Monday, May 4th. 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 note on Friday, May 1st. Finally, Zacks Research lowered International Paper from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 23rd. Nine equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $43.73.

International Paper Company Profile

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.