International PaperIP
Market Cap: $16.4B
About: International Paper manufactures packaging products and cellulose fibers. It accounts for roughly one third of the North American corrugated packaging market. Though it has operations in Brazil, India, and China, more than three fourths of its sales come from North America. International Paper serves a variety of end markets, including industrial, consumer products, and manufacturing.
Employees: 39,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
133% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 7 (+4) [Q2]
74% more call options, than puts
Call options by funds: $780M | Put options by funds: $449M
28% more capital invested
Capital invested by funds: $11.2B [Q1] → $14.4B (+$3.16B) [Q2]
25.92% more ownership
Funds ownership: 69.93% [Q1] → 95.85% (+25.92%) [Q2]
12% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 121
2% more funds holding
Funds holding: 822 [Q1] → 836 (+14) [Q2]
17% less repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 309
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Argus Research David Coleman 17% 1-year accuracy 1 / 6 met price target | 10%upside $52 | Buy Upgraded | 14 Aug 2024 |
Wells Fargo Gabe Hajde 58% 1-year accuracy 19 / 33 met price target | 4%downside $45 | Equal-Weight Maintained | 25 Jul 2024 |
RBC Capital Matthew McKellar 50% 1-year accuracy 6 / 12 met price target | 19%upside $56 | Outperform Maintained | 25 Jul 2024 |
Truist Securities Michael Roxland 70% 1-year accuracy 33 / 47 met price target | 17%upside $55 | Buy Maintained | 16 Jul 2024 |
Wells Fargo Gabe Hajde 58% 1-year accuracy 19 / 33 met price target | 9%downside $43 | Equal-Weight Maintained | 10 Jul 2024 |
Financial journalist opinion
Based on 8 articles about IP published over the past 30 days