--- title: "Assenagon Asset Management S.A. Lowers Stock Position in International Paper Company $IP" type: "News" locale: "en" url: "https://longbridge.com/en/news/295994144.md" description: "Assenagon Asset Management S.A. reduced its stake in International Paper (NYSE:IP) by 54.0% in Q2, holding 42,043 shares valued at $1.6 million. Other institutions like McIlrath & Eck LLC and Summit Securities Group LLC increased their positions. International Paper recently reported quarterly earnings of $0.04 per share, beating estimates, with revenue of $6 billion. The company declared a quarterly dividend of $0.4625 per share, payable September 15th. Analyst ratings range from 'Strong Sell' to 'Buy', with an average consensus of 'Moderate Buy' and a target price of $48.75." datetime: "2026-08-15T07:12:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295994144.md) - [en](https://longbridge.com/en/news/295994144.md) - [zh-HK](https://longbridge.com/zh-HK/news/295994144.md) --- # Assenagon Asset Management S.A. Lowers Stock Position in International Paper Company $IP Assenagon Asset Management S.A. lessened its holdings in shares of International Paper Company (NYSE:IP - Free Report) by 54.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,043 shares of the basic materials company's stock after selling 49,345 shares during the period. Assenagon Asset Management S.A.'s holdings in International Paper were worth $1,602,000 as of its most recent SEC filing. Get **International Paper** alerts: - 3 Major Earnings Winners You May Have Missed Several other institutional investors also recently modified their holdings of the business. McIlrath & Eck LLC lifted its stake in shares of International Paper by 452.6% in the fourth quarter. McIlrath & Eck LLC now owns 641 shares of the basic materials company's stock worth $25,000 after buying an additional 525 shares in the last quarter. MV Capital Management Inc. purchased a new stake in shares of International Paper during the 4th quarter valued at about $25,000. Ascentis Independent Advisors purchased a new stake in shares of International Paper during the 1st quarter valued at about $28,000. DV Equities LLC bought a new stake in International Paper during the fourth quarter valued at approximately $29,000. Finally, Summit Securities Group LLC increased its holdings in International Paper by 115.4% during the fourth quarter. Summit Securities Group LLC now owns 784 shares of the basic materials company's stock valued at $31,000 after buying an additional 5,875 shares during the last quarter. 81.95% of the stock is currently owned by institutional investors. ## International Paper Price Performance NYSE:IP opened at $40.73 on Friday. The firm's fifty day moving average is $38.54 and its two-hundred day moving average is $37.94. The firm has a market cap of $21.57 billion, a price-to-earnings ratio of -6.25 and a beta of 0.94. 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 one year low of $29.26 and a one year high of $50.25. - ScottsMiracle-Gro Stock Blooms After Investor Day Optimism International Paper (NYSE:IP - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The basic materials company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.08. The business had revenue of $6 billion during the quarter, compared to analyst estimates of $6.19 billion. International Paper had a negative return on equity of 1.09% and a negative net margin of 14.20%.The company's revenue was down 11.3% on a year-over-year basis. During the same quarter last year, the business posted $0.20 EPS. Research analysts expect that International Paper Company will post 1.35 EPS for the current year. ## International Paper Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 14th will be issued a dividend of $0.4625 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.85 dividend on an annualized basis and a yield of 4.5%. International Paper's dividend payout ratio is -28.37%. ## Analyst Upgrades and Downgrades - These 5 Penny Stocks Just Surged Double Digits Several research analysts have recently commented on the company. Zacks Research raised International Paper from a "strong sell" rating to a "hold" rating in a research note on Monday, July 13th. Wall Street Zen lowered shares of International Paper from a "hold" rating to a "sell" rating in a report on Sunday, August 9th. Loop Capital set a $61.00 target price on shares of International Paper in a research note on Tuesday, July 28th. Truist Financial restated a "buy" rating and set a $49.00 target price (up from $46.00) on shares of International Paper in a research note on Friday, July 31st. Finally, UBS Group upped their price target on shares of International Paper from $40.00 to $47.00 and gave the stock a "neutral" rating in a research report on Friday, July 31st. Nine investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $48.75. **View Our Latest Stock Analysis on International Paper** ## Insider Buying and Selling at International Paper In other International Paper news, CAO Holly G. Goughnour sold 3,500 shares of International Paper stock in a transaction on Tuesday, August 4th. The shares were 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 of the company's stock, valued at approximately $1,437,046.08. The trade was a 9.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP William Thomas Hamic sold 24,500 shares of International Paper stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $41.20, for a total value of $1,009,400.00. Following the completion of the transaction, the vice president owned 106,952 shares of the company's stock, valued at approximately $4,406,422.40. This represents a 18.64% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.21% of the stock is currently owned by company insiders. ## 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. ## Read More - Five stocks we like better than International Paper - Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors - Quantum Leaps: Debt-Free as AI Storage Demand Accelerates - NVIDIA's $500 Billion GPU Financing Deal Fuels Path Toward $270 - Sandisk’s Margins Look Like Software. Can They Last? _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._ Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in International Paper Right Now? Before you consider International Paper, you'll want to hear this. 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 Paper wasn't on the list. While International Paper currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [IP.US](https://longbridge.com/en/quote/IP.US.md) - [SMG.US](https://longbridge.com/en/quote/SMG.US.md) - [TFC.US](https://longbridge.com/en/quote/TFC.US.md) - [UBS.US](https://longbridge.com/en/quote/UBS.US.md) ## Related News & Research - [Top Executive Makes Headlines With Major International Paper Stock Move](https://longbridge.com/en/news/294904432.md) - [REG - International Paper - Director/PDMR Shareholding](https://longbridge.com/en/news/295239683.md) - [International Paper (NYSE:IP) Issues Earnings Results](https://longbridge.com/en/news/294566884.md) - [Wall Street's Most Accurate Analysts Spotlight On 3 Materials Stocks Delivering High-Dividend Yields](https://longbridge.com/en/news/295931517.md) - [Assenagon Asset Management S.A. Sells 216,061 Shares of Keurig Dr Pepper, Inc $KDP](https://longbridge.com/en/news/295994166.md)