International Paper (IP)

• Market cap: $29.3B
• 1 day: -0.89%
• 5 days: -0.48%
• 1 month: -4.99%
• 3 months: -6.12%
• 6 months: 15.27%
• Year to date: 4.51%
• 1 year: 59.98%
• 5 years: 28.40%
• 10 years: -3.22%
• Sector: Materials
• Industry: Paper Mills

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 Q4 regulatory filings by fund managers ($100M+ AUM)

160% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 13 (+8) [Q4]

111% more first-time investments, than exits

New positions opened: 135 | Existing positions closed: 64

88% more call options, than puts

Call options by funds: $534M | Put options by funds: $285M

21% more capital invested

Capital invested by funds: $17.8B [Q3] → $21.5B (+$3.66B) [Q4]

9.72% more ownership

Funds ownership: 105.06% [Q3] → 114.78% (+9.72%) [Q4]

4% more funds holding

Funds holding: 860 [Q3] → 897 (+37) [Q4]

15% less repeat investments, than reductions

Existing positions increased: 278 | Existing positions reduced: 327

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $64 15% upside
• Avg. target: $64 15% upside
• High target: $64 15% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

RBC Capital Matthew McKellar 55% 1-year accuracy 12 / 22 met price target	15% upside $64	Outperform Reiterated	31 Jan 2025
Truist Securities Michael Roxland 35% 1-year accuracy 17 / 48 met price target	15% upside $64	Buy Reiterated	31 Jan 2025