International Paper (NYSE:IP) Stock Gets Price Target Reduction from Truist Financial

International Paper (NYSE:IP) had its price target reduced by Truist Financial from $49.00 to $41.00 in a research report released on Monday,Benzinga reports. Truist Financial currently has a buy rating on the basic materials company’s stock.

Other equities analysts also recently issued reports about the stock. Seaport Research Partners restated a “buy” rating and set a $46.00 price objective on shares of International Paper in a research note on Wednesday, August 12th. UBS Group decreased their price objective on International Paper from $47.00 to $35.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Weiss Ratings downgraded International Paper from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, October 8th. Wells Fargo & Company dropped their target price on International Paper from $46.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, October 7th. Finally, Zacks Research upgraded International Paper from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.90.

International Paper Stock Performance

Shares of IP stock opened at $31.91 on Monday. International Paper has a 12 month low of $29.26 and a 12 month high of $50.25. The company’s fifty day simple moving average is $36.51 and its 200-day simple moving average is $36.03. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.10 and a quick ratio of 0.84.

International Paper (NYSE:IP) last released its earnings results on Thursday, July 30th. The basic materials company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.08. International Paper had a negative net margin of 14.20% and a negative return on equity of 1.09%. The business had revenue of $6 billion during the quarter, compared to the consensus estimate of $6.19 billion. During the same quarter last year, the firm earned $0.20 earnings per share. The firm’s revenue for the quarter was down 11.3% compared to the same quarter last year. On average, research analysts predict that International Paper will post 1.28 earnings per share for the current fiscal year.

International Paper Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 16th will be paid a $0.4625 dividend. The ex-dividend date is Monday, November 16th. This represents a $1.85 dividend on an annualized basis and a yield of 5.8%. International Paper’s dividend payout ratio (DPR) is currently -28.37%.

Insider Transactions at International Paper

In other news, CAO Holly G. Goughnour sold 3,500 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $41.96, for a total value of $146,860.00. Following the sale, the chief accounting officer directly owned 34,248 shares of the company’s stock, valued at approximately $1,437,046.08. This represents a 9.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP William Hamic sold 24,500 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $41.20, for a total transaction of $1,009,400.00. Following the completion of the sale, the vice president owned 106,952 shares of the company’s stock, valued at $4,406,422.40. This trade represents a 18.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On International Paper

Institutional investors have recently bought and sold shares of the business. Mather Group LLC. bought a new position in shares of International Paper during the 3rd quarter worth approximately $450,000. Mitchell & Pahl Private Wealth LLC acquired a new position in shares of International Paper during the 3rd quarter worth approximately $2,122,000. Focus Financial Network Inc. acquired a new position in shares of International Paper during the 3rd quarter worth approximately $236,000. NorthCrest Asset Manangement LLC acquired a new position in shares of International Paper during the 3rd quarter worth approximately $207,000. Finally, Chapin Davis Inc. bought a new stake in International Paper in the 3rd quarter valued at $236,000. Institutional investors and hedge funds own 81.95% of the company’s stock.

International Paper Company Profile

International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and paper products. The company manufactures corrugated packaging, containerboard and other fiber-based packaging solutions used to protect, transport and display goods, along with market pulp and specialty paper products.

Founded in 1898, International Paper has developed operations serving customers across North America and Europe. Its activities also include recycling and the recovery of fiber used in paper and packaging production, supporting the company’s focus on renewable and recyclable materials.

International Paper completed its combination with DS Smith in 2025, expanding its geographic reach and packaging capabilities.