63,961 Shares of International Paper Company $IP Acquired by Mitchell & Pahl Private Wealth LLC

Mitchell & Pahl Private Wealth LLC bought a new stake in shares of International Paper Company (NYSE:IP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 63,961 shares of the basic materials company’s stock, valued at approximately $2,122,000.

Several other large investors have also modified their holdings of the stock. Man Group plc purchased a new stake in International Paper during the second quarter valued at about $24,640,000. Amundi purchased a new position in International Paper during the 2nd quarter worth approximately $82,666,000. The Manufacturers Life Insurance Company raised its stake in International Paper by 50.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,167,393 shares of the basic materials company’s stock valued at $44,478,000 after purchasing an additional 389,092 shares during the period. HighTower Advisors LLC acquired a new stake in International Paper during the 2nd quarter valued at $1,603,000. Finally, D.A. Davidson & CO. lifted its holdings in shares of International Paper by 29.6% in the first quarter. D.A. Davidson & CO. now owns 137,856 shares of the basic materials company’s stock valued at $4,921,000 after purchasing an additional 31,518 shares in the last quarter. 81.95% of the stock is owned by institutional investors.

Insider Activity at International Paper

In related news, VP William Hamic sold 24,500 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $41.20, for a total value of $1,009,400.00. Following the transaction, the vice president owned 106,952 shares in the company, valued at approximately $4,406,422.40. This represents a 18.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Holly G. Goughnour sold 3,500 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $41.96, for a total value of $146,860.00. Following the completion of the transaction, the chief accounting officer owned 34,248 shares in the company, valued at $1,437,046.08. This represents a 9.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. UBS Group reduced their price objective on International Paper from $47.00 to $35.00 and set a “neutral” rating for the company in a research note on Monday, October 5th. Argus reissued a “buy” rating and issued a $45.00 price target on shares of International Paper in a research report on Thursday, September 24th. Truist Financial decreased their price target on shares of International Paper from $49.00 to $41.00 and set a “buy” rating for the company in a report on Monday. Citigroup decreased their price target on shares of International Paper from $48.00 to $47.00 and set a “buy” rating for the company in a report on Friday, October 2nd. Finally, Wall Street Zen downgraded shares of International Paper from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. Ten investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, International Paper presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.90.

International Paper Stock Up 0.3%

Shares of NYSE:IP traded up $0.10 during midday trading on Wednesday, hitting $31.91. 5,421,173 shares of the stock were exchanged, compared to its average volume of 6,247,427. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.84 and a current ratio of 1.10. International Paper Company has a 52-week low of $29.26 and a 52-week high of $50.25. The business’s fifty day simple moving average is $36.51 and its two-hundred day simple moving average is $36.03. The company has a market capitalization of $16.90 billion, a PE ratio of -4.89, a P/E/G ratio of 4.04 and a beta of 0.93.

International Paper (NYSE:IP) last released its quarterly earnings data on Thursday, July 30th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.08. International Paper had a negative return on equity of 1.09% and a negative net margin of 14.20%. The firm had revenue of $6 billion during the quarter, compared to analysts’ expectations of $6.19 billion. During the same quarter last year, the firm earned $0.20 earnings per share. The business’s revenue for the quarter was down 11.3% on a year-over-year basis. As a group, research analysts predict that International Paper Company will post 1.31 earnings per share for the current fiscal year.

International Paper Announces Dividend

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

About International Paper

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.