652,500 Shares in International Paper Company $IP Acquired by Renaissance Technologies LLC

Posted by Brenda Bartman on Jul 30th, 2026

Renaissance Technologies LLC purchased a new stake in International Paper Company (NYSE:IP – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 652,500 shares of the basic materials company’s stock, valued at approximately $23,294,000.

Several other large investors also recently made changes to their positions in the stock. McIlrath & Eck LLC lifted its position in International Paper by 452.6% in the 4th quarter. McIlrath & Eck LLC now owns 641 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 525 shares in the last quarter. MV Capital Management Inc. bought a new position in International Paper during the 4th quarter worth about $25,000. Sound Income Strategies LLC raised its stake in shares of International Paper by 94.0% in the 4th quarter. Sound Income Strategies LLC now owns 710 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 344 shares during the period. DV Equities LLC bought a new stake in shares of International Paper in the fourth quarter valued at about $29,000. Finally, Ascentis Independent Advisors acquired a new position in shares of International Paper during the first quarter worth about $28,000. Institutional investors own 81.95% of the company’s stock.

International Paper Price Performance

Shares of NYSE IP opened at $42.59 on Thursday. 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 firm has a market cap of $22.55 billion, a P/E ratio of -6.70 and a beta of 0.94. The business’s 50 day moving average is $36.44 and its 200-day moving average is $38.02. International Paper Company has a 1-year low of $29.26 and a 1-year high of $54.63.

International Paper (NYSE:IP – Get Free Report) last announced its earnings results on Thursday, April 30th. The basic materials company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). International Paper had a negative net margin of 13.42% and a negative return on equity of 0.49%. The business had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $6.02 billion. During the same period in the previous year, the firm posted $0.17 EPS. The company’s revenue was up 13.4% compared to the same quarter last year. Equities research analysts predict that International Paper Company will post 1.4 earnings per share for the current year.

International Paper Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 14th will be given a dividend of $0.4625 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, August 14th. International Paper’s dividend payout ratio is presently -29.09%.

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 dated Friday, May 1st. The stock was bought at an average cost of $31.30 per share, for a total transaction of $313,000.00. Following the completion of the transaction, the director owned 10,025 shares in the company, valued at approximately $313,782.50. This represents a 40,000.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on IP. Truist Financial boosted their price objective on shares of International Paper from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Royal Bank Of Canada boosted their price target on shares of International Paper from $45.00 to $48.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Seaport Research Partners upgraded International Paper from a “neutral” rating to a “buy” rating and set a $39.00 price objective for the company in a report on Friday, May 1st. Citigroup boosted their price target on International Paper from $36.00 to $43.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Loop Capital set a $61.00 price objective on International Paper in a research note on Tuesday. Nine analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $46.36.

Check Out Our Latest Analysis on IP

Trending Headlines about International Paper

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

Positive Sentiment: JPMorgan upgraded IP to Overweight and raised its price target to $61 from $51, citing an improving U.S. linerboard pricing cycle. The new target implies substantial upside from recent trading levels. International Paper raised at JP Morgan on improving US linerboard pricing cycle
Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $1.34 from $1.32, its Q4 2026 estimate to $0.75 from $0.69, its Q1 2027 estimate to $0.58 from $0.56, and its FY2028 forecast to $3.35 from $3.25. These increases suggest longer-term earnings improvement potential.
Neutral Sentiment: International Paper is scheduled to report earnings tomorrow. The report could provide important evidence on pricing, demand, margins and the company’s outlook. International Paper reports earnings tomorrow: What to expect
Neutral Sentiment: Zacks maintained a “Hold” rating. Its earnings revisions were mixed, with some longer-term upgrades offset by changes to individual quarterly forecasts.
Negative Sentiment: Zacks cut its Q2 2026 EPS forecast to a loss of $0.04 from a loss of $0.02 and reduced its Q3 2026 estimate to $0.48 from $0.51. The lowered near-term forecasts could weigh on sentiment before the earnings release.
Negative Sentiment: Put-option volume surged to 16,246 contracts, about 341% above average. While options activity does not guarantee a decline, it signals increased hedging or bearish speculation around IP.

About International Paper

(Free Report)

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.