International Paper (NYSE:IP) Given New $46.00 Price Target at Truist Financial

International Paper (NYSE:IP) had its price target lifted by Truist Financial from $40.00 to $46.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the basic materials company’s stock. Truist Financial’s target price would suggest a potential upside of 25.99% from the company’s current price.

Other equities analysts have also issued research reports about the company. Zacks Research raised International Paper from a “strong sell” rating to a “hold” rating in a research note on Monday. Wells Fargo & Company lifted their price target on International Paper from $39.00 to $42.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Seaport Research Partners upgraded shares of International Paper from a “neutral” rating to a “buy” rating and set a $39.00 price target on the stock in a research report on Friday, May 1st. Bank of America lowered shares of International Paper from a “buy” rating to a “neutral” rating and set a $41.00 price objective on the stock. in a report on Tuesday. Finally, Royal Bank Of Canada lowered their price objective on shares of International Paper from $48.00 to $45.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Eight equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, International Paper currently has an average rating of “Moderate Buy” and a consensus price target of $44.06.

International Paper Stock Performance

NYSE:IP opened at $36.51 on Wednesday. International Paper has a 1 year low of $29.26 and a 1 year high of $56.13. The firm has a 50 day moving average of $34.79 and a 200-day moving average of $38.08. 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 stock has a market capitalization of $19.33 billion, a P/E ratio of -5.74 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 EPS 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 during the quarter, compared to analyst estimates of $6.02 billion. During the same period in the previous year, the firm earned $0.17 earnings per share. The firm’s revenue was up 13.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that International Paper will post 1.38 EPS for the current fiscal year.

Insider Activity at International Paper

In other International Paper news, Director Scott Tozier purchased 10,000 shares of the company’s stock in a transaction that occurred on 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 completion of the purchase, the director directly owned 10,025 shares in the company, valued at approximately $313,782.50. This represents a 40,000.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.21% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On International Paper

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in International Paper by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 64,357,913 shares of the basic materials company’s stock worth $2,535,058,000 after acquiring an additional 310,834 shares during the period. Capital International Investors lifted its stake in shares of International Paper by 29.4% in the 4th quarter. Capital International Investors now owns 63,413,335 shares of the basic materials company’s stock valued at $2,498,013,000 after purchasing an additional 14,422,616 shares during the period. Capital Research Global Investors boosted its position in shares of International Paper by 0.4% in the 4th quarter. Capital Research Global Investors now owns 54,535,444 shares of the basic materials company’s stock worth $2,148,154,000 after purchasing an additional 204,654 shares during the last quarter. State Street Corp boosted its position in shares of International Paper by 1.3% in the 4th quarter. State Street Corp now owns 30,009,733 shares of the basic materials company’s stock worth $1,182,083,000 after purchasing an additional 397,673 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of International Paper by 81.6% during the fourth quarter. Franklin Resources Inc. now owns 14,832,952 shares of the basic materials company’s stock worth $584,270,000 after purchasing an additional 6,663,986 shares during the period. 81.95% of the stock is owned by institutional investors.

International Paper News Summary

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

• Positive Sentiment: International Paper declared a quarterly dividend of $0.4625 per share, reinforcing its income appeal for investors. International Paper Declares Quarterly Dividend
• Positive Sentiment: Zacks Research raised its Q4 2026 EPS estimate to $0.69 from $0.67 and upgraded the stock to hold, suggesting slightly improved earnings expectations. Zacks.com
• Neutral Sentiment: Zacks Research nudged its Q1 2027 EPS estimate higher to $0.56 from $0.54, a small positive change with limited immediate stock impact.
• Neutral Sentiment: Zacks Research slightly lowered its Q3 2027 and Q4 2027 EPS estimates, reflecting modestly softer longer-term profit expectations.
• Negative Sentiment: Bank of America downgraded International Paper from buy to neutral, which likely pressured the stock and signals reduced analyst enthusiasm. International Paper (NYSE:IP) Downgraded to Neutral Rating by Bank of America

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.