Rakuten Investment Management Inc. Acquires 93,327 Shares of International Paper Company $IP

Posted by Geri Gentry on Nov 8th, 2026

Rakuten Investment Management Inc. acquired a new position in shares of International Paper Company (NYSE:IP – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 93,327 shares of the basic materials company’s stock, valued at approximately $3,110,000.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of International Paper in the second quarter valued at about $1,940,896,000. Bank of New York Mellon Corp acquired a new position in shares of International Paper during the second quarter worth about $689,498,000. Atlas FRM LLC purchased a new position in International Paper during the second quarter worth about $374,904,000. Hill City Capital LP purchased a new position in International Paper during the second quarter worth about $194,310,000. Finally, Bank of America Corp DE acquired a new stake in International Paper in the second quarter valued at about $142,802,000. Institutional investors and hedge funds own 81.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on IP shares. Citigroup lowered their price objective on International Paper from $47.00 to $41.00 and set a “buy” rating on the stock in a report on Friday, October 30th. Bank of America reissued a “buy” rating on shares of International Paper in a research note on Thursday, October 29th. Argus reissued a “buy” rating and issued a $45.00 price target on shares of International Paper in a report on Thursday, September 24th. UBS Group reduced their price target on International Paper from $47.00 to $35.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Finally, JPMorgan Chase & Co. decreased their price target on International Paper from $62.00 to $51.00 and set an “overweight” rating on the stock in a research note on Thursday, October 29th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $45.44.

Check Out Our Latest Report on IP

International Paper Stock Performance

NYSE:IP opened at $34.54 on Friday. The company has a quick ratio of 0.77, a current ratio of 0.99 and a debt-to-equity ratio of 0.57. International Paper Company has a fifty-two week low of $29.26 and a fifty-two week high of $50.25. The stock has a market cap of $18.29 billion, a PE ratio of -5.27, a price-to-earnings-growth ratio of 5.11 and a beta of 0.97. The firm’s fifty day simple moving average is $34.38 and its 200-day simple moving average is $37.24.

International Paper (NYSE:IP – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The basic materials company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.29 by $0.08. International Paper had a negative net margin of 14.32% and a positive return on equity of 1.77%. The firm had revenue of $6.20 billion during the quarter, compared to analysts’ expectations of $6.28 billion. During the same quarter last year, the business earned ($0.43) earnings per share. The business’s revenue for the quarter was down .4% compared to the same quarter last year. Analysts expect that International Paper Company will post 1.14 earnings per share for the current fiscal year.

International Paper Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 16th will be given a $0.4625 dividend. The ex-dividend date is Monday, November 16th. This represents a $1.85 annualized dividend and a dividend yield of 5.4%. International Paper’s payout ratio is currently -28.20%.

About International Paper

(Free Report)

International Paper is a global producer of fiber-based packaging and pulp products. Its packaging offerings include containerboard and corrugated packaging used to protect and transport goods, while its pulp products serve a range of consumer and industrial applications.

The company traces its origins to 1898, when several U.S. paper manufacturers combined to form International Paper. Over time, it has evolved through acquisitions and changes to its business, with a focus on renewable, fiber-based materials and packaging solutions.

International Paper serves customers across multiple regions, including North America and Europe.