GoalVest Advisory LLC bought a new position in International Paper Company (NYSE:IP – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 30,205 shares of the basic materials company’s stock, valued at approximately $1,002,000.
Other hedge funds have also added to or reduced their stakes in the company. MV Capital Management Inc. bought a new stake in shares of International Paper during the fourth quarter valued at about $25,000. Aberdeen Wealth Management LLC bought a new position in shares of International Paper in the second quarter valued at approximately $27,000. Ascentis Independent Advisors purchased a new position in International Paper during the first quarter valued at approximately $28,000. Delta Asset Management LLC TN purchased a new position in International Paper during the second quarter valued at approximately $31,000. Finally, MCF Advisors LLC increased its holdings in International Paper by 36.7% during the 4th quarter. MCF Advisors LLC now owns 853 shares of the basic materials company’s stock worth $34,000 after acquiring an additional 229 shares during the period. Hedge funds and other institutional investors own 81.95% of the company’s stock.
International Paper Price Performance
Shares of NYSE IP traded down $0.12 during mid-day trading on Friday, reaching $32.40. 2,007,759 shares of the company were exchanged, compared to its average volume of 6,277,895. International Paper Company has a 52 week low of $29.26 and a 52 week high of $50.25. The company’s 50 day moving average price is $38.39 and its 200 day moving average price is $36.28. The stock has a market capitalization of $17.16 billion, a PE ratio of -4.96, a PEG ratio of 4.22 and a beta of 0.93. The company has a quick ratio of 0.84, a current ratio of 1.10 and a debt-to-equity ratio of 0.57.
International Paper Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th were given a dividend of $0.4625 per share. The ex-dividend date was Friday, August 14th. This represents a $1.85 annualized dividend and a dividend yield of 5.7%. International Paper’s dividend payout ratio is -28.37%.
Insider Activity
In related news, CAO Holly G. Goughnour sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $41.96, for a total transaction of $146,860.00. Following the transaction, the chief accounting officer directly owned 34,248 shares of the company’s stock, valued at approximately $1,437,046.08. This trade represents a 9.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP William Hamic sold 24,500 shares of the business’s 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 completion of the sale, the vice president owned 106,952 shares of the company’s stock, valued at $4,406,422.40. The trade was a 18.64% decrease in their position. The SEC filing for this sale provides additional information. 0.21% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Several research analysts have commented on IP shares. Bank of America raised shares of International Paper from a “neutral” rating to a “buy” rating and set a $46.00 price target for the company in a report on Friday, September 11th. Wells Fargo & Company boosted their target price on International Paper from $42.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Royal Bank Of Canada raised their price target on International Paper from $48.00 to $52.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Citigroup reiterated a “buy” rating on shares of International Paper in a research report on Friday. Finally, Seaport Research Partners reissued a “buy” rating and set a $46.00 price objective on shares of International Paper in a report on Wednesday, August 12th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, International Paper currently has a consensus rating of “Moderate Buy” and an average target price of $48.82.
Read Our Latest Stock Analysis on IP
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.
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