Charles Schwab Investment Management Inc. raised its stake in Sylvamo Corporation (NYSE:SLVM – Free Report) by 9.6% in the fourth quarter, HoldingsChannel reports. The fund owned 645,135 shares of the company’s stock after purchasing an additional 56,393 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Sylvamo were worth $31,063,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently bought and sold shares of the company. Versant Capital Management Inc lifted its holdings in Sylvamo by 328.3% in the third quarter. Versant Capital Management Inc now owns 681 shares of the company’s stock valued at $30,000 after acquiring an additional 522 shares during the period. GAMMA Investing LLC lifted its holdings in Sylvamo by 222.8% in the fourth quarter. GAMMA Investing LLC now owns 765 shares of the company’s stock valued at $37,000 after acquiring an additional 528 shares during the period. International Assets Investment Management LLC acquired a new position in Sylvamo in the fourth quarter valued at approximately $38,000. Advisory Services Network LLC acquired a new position in Sylvamo in the third quarter valued at approximately $38,000. Finally, Farther Finance Advisors LLC lifted its holdings in Sylvamo by 162.7% in the fourth quarter. Farther Finance Advisors LLC now owns 838 shares of the company’s stock valued at $40,000 after acquiring an additional 519 shares during the period. 91.16% of the stock is owned by institutional investors and hedge funds.
Sylvamo Trading Down 3.5%
Shares of SLVM stock opened at $37.35 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.45 and a quick ratio of 0.81. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 14.76, a PEG ratio of 0.57 and a beta of 0.91. The stock has a 50 day simple moving average of $41.76 and a 200-day simple moving average of $45.80. Sylvamo Corporation has a 1-year low of $37.09 and a 1-year high of $57.65.
Sylvamo Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 28th. Stockholders of record on Tuesday, July 7th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend is Tuesday, July 7th. Sylvamo’s dividend payout ratio is presently 71.15%.
Insider Buying and Selling at Sylvamo
In other news, SVP Rodrigo Davoli sold 3,250 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $46.46, for a total transaction of $150,995.00. Following the completion of the transaction, the senior vice president directly owned 46,484 shares of the company’s stock, valued at $2,159,646.64. This represents a 6.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.81% of the stock is currently owned by insiders.
Analysts Set New Price Targets
SLVM has been the subject of a number of analyst reports. Royal Bank Of Canada decreased their price target on Sylvamo from $50.00 to $49.00 and set a “sector perform” rating for the company in a report on Monday, May 11th. Weiss Ratings downgraded Sylvamo from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Truist Financial initiated coverage on Sylvamo in a report on Monday, March 30th. They issued a “buy” rating and a $54.00 price target for the company. Finally, Zacks Research raised Sylvamo from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Sylvamo has an average rating of “Hold” and an average price target of $54.00.
Get Our Latest Analysis on SLVM
Sylvamo News Roundup
Here are the key news stories impacting Sylvamo this week:
- Positive Sentiment: Sylvamo’s board declared a quarterly dividend of $0.45 per share, equal to a 4.7% annualized yield, which may attract income-focused investors. Sylvamo Announces Dividend
- Positive Sentiment: Sidoti raised its Q4 2027 earnings estimate for Sylvamo to $1.85 per share from $1.50, suggesting a more optimistic longer-term outlook. MarketBeat estimate update
- Neutral Sentiment: Sidoti also lowered estimates for several other periods, including Q2 2026, Q3 2026, Q1 2027, Q2 2027, and FY2026, reflecting a more cautious near-term view. MarketBeat estimate update
- Negative Sentiment: The analyst cuts reinforce concerns about earnings momentum after Sylvamo’s latest quarter missed EPS expectations, which can weigh on the share price. MarketBeat earnings results
About Sylvamo
Sylvamo Corporation, trading on the New York Stock Exchange under the ticker SLVM, is a leading global producer of uncoated freesheet paper. The company was established in October 2021 through a spin-off from International Paper, creating an independent entity focused exclusively on the development, manufacturing and marketing of high-quality uncoated paper products. Headquartered in Memphis, Tennessee, Sylvamo draws on decades of industry experience inherited from its predecessor, positioning itself to meet evolving customer needs in paper-based communications and packaging applications.
The company’s core product portfolio includes office and digital print papers, direct mail and marketing materials, catalog and commercial printing papers, and a range of specialty and value-added grades.
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