INTERNATIONAL PAPER CO /NEW/
No SEC Form 4 filings for $IP in the last 30 days.
Diamond Hill Capital’s Large Cap Strategy (Q1 2026 investor letter) said it exited its position in International Paper (NYSE: IP), a packaging and pulp producer, after fundamentals “fell short” of expectations, and it redeployed proceeds into other opportunities. The strategy returned -2.39% net of fees vs. the Russell 1000 Value’s 2.10%.
Smurfit Westrock plc stock fell 8% this week, trading near $37 per share, due to investor focus on improving demand but lingering margin recovery issues in the packaging sector. Despite a recent merger for greater scale, the company's LSE delisting and target price cuts by analysts impacted sentiment, with RBC and Barclays lowering their price targets while maintaining favorable ratings. Management reaffirmed its full-year 2026 adjusted EBITDA guidance, noting a stronger industry outlook, and the stock appears undervalued by TIKR's model, suggesting an upside if merger benefits and pricing actions translate to higher EBITDA.
International Paper has broken ground on a new $225 million packaging facility in Brandon, Mississippi, which is expected to create nearly 150 jobs and replace an older plant in Richland. Mississippi Gov. Tate Reeves highlighted the project's contribution to the state's economic growth and its role in allowing for income tax reductions. The state-of-the-art facility is anticipated to be completed by late 2027, boosted by years of infrastructure upgrades in Brandon.
