Decoding the Surge in International Paper Stock Today

After this afternoon's 2.1% surge to $47.07 per share, International Paper might just keep moving past its target price of $45.5. With an average analyst rating of hold, and target prices from $38.6 to $57.0, the stock's next move is anyone's guess.

The stock has an average amount of shares sold short at 7.3%, and a short ratio of 2.42. The company's insiders own 0.44% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 88.7% of International Paper's shares being owned by this investor type.

Institutions Invested in International Paper

Date Reported Holder Percentage Shares Value
2024-03-31 Vanguard Group Inc 12% 40,587,799 $1,910,467,686
2024-03-31 Blackrock Inc. 10% 34,642,702 $1,630,631,972
2024-03-31 State Street Corporation 6% 22,354,936 $1,052,246,830
2024-03-31 Price (T.Rowe) Associates Inc 6% 21,135,702 $994,857,486
2024-03-31 Invesco Ltd. 4% 14,696,142 $691,747,399
2024-03-31 Franklin Resources, Inc. 3% 11,372,176 $535,288,320
2024-03-31 Greenhaven Associates, Inc. 3% 10,165,385 $478,484,668
2024-03-31 Geode Capital Management, LLC 2% 8,028,950 $377,922,674
2024-03-31 Dimensional Fund Advisors LP 2% 6,269,057 $295,084,511
2024-03-31 Bank Of New York Mellon Corporation 2% 6,082,422 $286,299,601

Besides an analyst consensus of little upside potential, other market factors point to there being mixed market sentiment on International Paper.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.