Frank, Rimerman Advisors 13F: Exits IP Stake

Frank, Rimerman Advisors disclosed on October 16, 2026, that it sold out of its position in International Paper Company (NYSE: IP), cutting 17,206 shares. This sale leaves the firm with no shares in the packaging and container company, which had a reported value of about $593,000 based on recent market prices.

What Changed in Frank, Rimerman Advisors' International Paper Position

Frank, Rimerman Advisors completely exited its position in International Paper, selling its remaining 17,206 shares for a total decrease of 100%. This marks the end of the fund's stake in the company, having held the shares previously.

Other Institutional Activity in International Paper

Several other funds have also adjusted their holdings in International Paper. Capital Research Global Investors reduced its stake by 23,548 shares, now holding 78,469,265 shares valued at about $2.67 billion. Blackrock Inc. increased its position by 4,715,153 shares, bringing its total to 50,942,140 shares worth approximately $1.73 billion. Price (T. Rowe) Associates Inc. decreased its holdings by 3,694,304 shares, now holding 45,497,485 shares valued at about $1.55 billion. Vanguard Capital Management LLC made a modest increase of 226,553 shares, ending with 34,552,688 shares worth about $1.18 billion. State Street Corporation also raised its holdings by 2,190,546 shares, now holding 32,999,909 shares valued at about $1.12 billion.

International Paper Company Stock Up 1.3%

As of October 16, 2026, International Paper traded around $34.56, which is below both its 50-day moving average of $36.44 and its 200-day moving average of $37.70. The stock is also 31.2% below its 52-week high of $50.25 but remains 18.1% above its 52-week low of $29.26.

Recent Earnings

In its last earnings report, International Paper reported total revenue of approximately $24.2 billion over the trailing twelve months, with a net loss margin of -14.2%. The company's next earnings announcement is set for October 28, 2026.

Insider Buying and Selling at International Paper Company

Recent insider activity includes Per Anders Gustafsson, a Director, who bought 26,092 shares for approximately $1,000,036 on March 12, 2026. Scott A. Tozier, another Director, purchased 10,000 shares at an average price of $31.30, totaling about $313,009 on May 1, 2026. However, Holly G. Goughnour, an Officer, sold 3,500 shares on August 4, 2026, and President William Thomas Hamic sold 24,500 shares on August 7, 2026, at prices around $41.20.

Analysts Set New Price Targets

On September 24, 2026, Argus Research reiterated a Buy rating on International Paper with a price target of $45. On October 2, Citigroup maintained its Buy rating but lowered its target to $47. UBS maintained a Neutral rating with a price target of $35 on October 5, while Wells Fargo maintained an Overweight rating and adjusted its target to $42 on October 7. Lastly, Truist Securities reaffirmed a Buy rating with a target of $41 on October 12.

About International Paper

International Paper Company produces and sells renewable fiber-based packaging across multiple regions, including North America and Europe. They operate primarily in packaging solutions, producing a variety of products such as corrugated boxes and bulk bins. The recent changes in ownership and analyst ratings may impact its future performance.

Bottom Line

Investors will want to watch for International Paper's next earnings report on October 28, 2026. The recent 13F filing from Frank, Rimerman Advisors reflects its holdings as of the end of the previous quarter and may not represent the fund's current position. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.