Franklin Resources Boosts Stake in International Paper

NodeGuardian · 2026-03-18T02:41:49+00:00

Franklin Resources Inc. raised its stake in International Paper Company by 9.5%, now holding over 8.1 million shares. This indicates confidence in the company's prospects despite recent market volatility and analyst downgrades.

NodeGuardian

2026-03-18 02:41:49

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Franklin Resources Inc. increased its stake in International Paper Company (NYSE:IP) by 9.5% during the third quarter, signaling confidence in the company’s long-term prospects. The investment firm now owns over 8.1 million shares, representing approximately 1.55% of International Paper’s outstanding stock. This move comes amidst market volatility for International Paper, suggesting Franklin Resources sees value despite recent analyst downgrades.

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