<div id="readability-page-1"><p>Encompass Capital Advisors LLC raised its stake in  International Seaways Inc. (NYSE:INSW - Free Report) by 33.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 399,824 shares of the transportation company's stock after buying an additional 99,914 shares during the period. Encompass Capital Advisors LLC owned about 0.81% of International Seaways worth $14,586,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><div><p><span></span><span>Get <strong>International Seaways</strong> alerts:</span></p></div><ul><li>3 Recession-Resistant Stocks: Low Beta, High Margins, Low Debt</li></ul><p>Other hedge funds have also added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC bought a new stake in shares of  International Seaways in the second quarter valued at about $273,000.  PNC Financial Services Group Inc. increased its position in  International Seaways by 550.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,822 shares of the transportation company's stock valued at $60,000 after purchasing an additional 1,542 shares during the period.  Creative Planning raised its holdings in shares of  International Seaways by 270.9% in the 2nd quarter. Creative Planning now owns 30,981 shares of the transportation company's stock valued at $1,130,000 after purchasing an additional 22,628 shares in the last quarter.  HighTower Advisors LLC lifted its position in shares of  International Seaways by 42.5% in the 1st quarter. HighTower Advisors LLC now owns 38,308 shares of the transportation company's stock worth $1,272,000 after purchasing an additional 11,430 shares during the period.  Finally, Denali Advisors LLC lifted its position in shares of  International Seaways by 61.9% in the 2nd quarter. Denali Advisors LLC now owns 25,100 shares of the transportation company's stock worth $916,000 after purchasing an additional 9,600 shares during the period. 67.29% of the stock is currently owned by institutional investors. </p><h2>Insider Activity at International Seaways</h2><p>In other news, SVP Derek G. Solon sold 3,500 shares of International Seaways stock in a transaction on Monday, November 10th. The shares were sold at an average price of $53.71, for a total transaction of $187,985.00. Following the completion of the sale, the senior vice president directly owned 49,393 shares in the company, valued at approximately $2,652,898.03. The trade was a 6.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO James D. Small III sold 20,000 shares of the business's stock in a transaction on Friday, November 14th. The shares were sold at an average price of $53.60, for a total transaction of $1,072,000.00. Following the sale, the chief accounting officer directly owned 49,292 shares in the company, valued at $2,642,051.20. This trade represents a 28.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 32,500 shares of company stock valued at $1,699,875 over the last 90 days. Company insiders own  2.00% of the company's stock. </p><h2>International Seaways Stock Performance</h2><ul><li>ZIM Shipping stock proves unsinkable despite Red Sea disruptions</li></ul><p>Shares of INSW opened at $48.60 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.26. The firm has a market cap of $2.40 billion, a PE ratio of 11.07 and a beta of -0.20. International Seaways Inc. has a 12 month low of $27.20 and a 12 month high of $55.18. The stock has a fifty day moving average price of $49.96 and a 200-day moving average price of $44.72. </p><p>International Seaways (NYSE:INSW - Get Free Report) last announced its earnings results on Wednesday, November 23rd. The transportation company reported ($0.63) earnings per share (EPS) for the quarter. International Seaways had a net margin of 28.26% and a return on equity of 10.13%. The business had revenue of $84.82 million for the quarter.  Equities research analysts predict that  International Seaways Inc. will post 7.77 earnings per share for the current fiscal year. </p><h2>International Seaways Dividend Announcement</h2><ul><li>Ride the Waves of Wealth With This Oil Tanker 17% Yield</li></ul><p>The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Tuesday, December 9th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, December 9th. International Seaways's dividend payout ratio (DPR) is presently 10.93%. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of equities analysts recently commented on INSW shares. Pareto Securities downgraded shares of International Seaways from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, November 11th. Zacks Research upgraded International Seaways from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a report on Tuesday. Weiss Ratings  restated a &#34;hold (c+)&#34; rating on shares of International Seaways in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised International Seaways from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, December 6th. One research analyst  has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $52.67.</p><p><b>Read Our Latest Research Report on INSW</b></p><h2>International Seaways Company Profile</h2> (Free Report)<p>International Seaways, Inc owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments: Crude Tankers and Product Carriers. As of December 31, 2023, the company owned a fleet of 73 vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities.</p><h2>See Also</h2><ul><li>Five stocks we like better than International Seaways</li><li>How to Evaluate a Stock Before Buying </li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>How to Short Nasdaq: An Easy-to-Follow Guide</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>3 Must-Buy Warren Buffett Stocks for Volatile Times</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p><strong>Want to see what other hedge funds are holding INSW?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Seaways Inc. (NYSE:INSW - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlOU1c?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlOU1c"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in International Seaways Right Now?</h2><p>Before you consider International Seaways, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and International Seaways wasn't on the list.</p><p>While International Seaways currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

INSW

<p>Encompass Capital Advisors LLC increased its stake in International Seaways Inc. by 33.3% in Q2, owning 399,824 shares worth $14.6 million. Insider trading saw SVP Derek Solon and CAO James Small III sell shares, reducing their ownership. International Seaways reported a net margin of 28.26% and a return on equity of 10.13%. Analysts predict EPS of 7.77 for the fiscal year. The company announced a quarterly dividend of $0.12, with a yield of 1.0%.</p>

Encompass Capital Advisors LLC Boosts Position in International Seaways Inc. $INSW