Key Points
- SVP Rodrigo Davoli sold 3,250 shares on March 4 at an average of $46.46 for total proceeds of $150,995, trimming his stake by 6.53% to 46,484 shares valued at about $2.16M.
- Sylvamo beat quarterly estimates with EPS $1.08 vs. $1.05 and revenue $890M vs. $858.8M, but revenue was down 8.2% year‑over‑year and the stock recently traded at $43.57 (50‑day MA $49.24, 200‑day MA $46.48).
- The company declared a quarterly dividend of $0.45 ($1.80 annualized) for a 4.1% yield, while analysts’ consensus rating is a "Hold" with an average price target of $56.00.
Sylvamo Corporation (NYSE:SLVM - Get Free Report) SVP Rodrigo Davoli sold 3,250 shares of Sylvamo stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $46.46, for a total transaction of $150,995.00. Following the completion of the sale, the senior vice president directly owned 46,484 shares in the company, valued at approximately $2,159,646.64. The trade was a 6.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Sylvamo Price Performance
NYSE:SLVM traded down $1.56 during trading hours on Friday, hitting $43.57. The company's stock had a trading volume of 89,851 shares, compared to its average volume of 313,076. The business's 50-day moving average is $49.24 and its two-hundred day moving average is $46.48. Sylvamo Corporation has a 52-week low of $37.51 and a 52-week high of $68.76. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.92 and a current ratio of 1.50. The company has a market capitalization of $1.72 billion, a PE ratio of 13.37, a PEG ratio of 0.55 and a beta of 0.96.
Sylvamo (NYSE:SLVM - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $1.05 by $0.03. The business had revenue of $890.00 million for the quarter, compared to analysts' expectations of $858.76 million. Sylvamo had a return on equity of 15.12% and a net margin of 3.94%.The company's revenue was down 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.96 EPS. As a group, research analysts anticipate that Sylvamo Corporation will post 7.45 EPS for the current fiscal year.
Sylvamo Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 7th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, April 7th. Sylvamo's payout ratio is 55.21%.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Fourth Sail Capital LP acquired a new stake in Sylvamo during the 2nd quarter worth approximately $8,146,000. Intech Investment Management LLC grew its stake in Sylvamo by 47.5% during the second quarter. Intech Investment Management LLC now owns 26,758 shares of the company's stock worth $1,341,000 after buying an additional 8,618 shares during the period. Handelsbanken Fonder AB increased its position in shares of Sylvamo by 45.7% in the second quarter. Handelsbanken Fonder AB now owns 6,700 shares of the company's stock worth $336,000 after acquiring an additional 2,100 shares in the last quarter. Squarepoint Ops LLC raised its stake in shares of Sylvamo by 74.4% in the 2nd quarter. Squarepoint Ops LLC now owns 158,497 shares of the company's stock valued at $7,941,000 after acquiring an additional 67,616 shares during the period. Finally, Capital Fund Management S.A. acquired a new position in shares of Sylvamo during the 2nd quarter valued at $828,000. Hedge funds and other institutional investors own 91.16% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on SLVM shares. Bank of America upgraded shares of Sylvamo from an "underperform" rating to a "buy" rating and raised their target price for the company from $41.00 to $59.00 in a report on Monday, November 17th. Weiss Ratings reissued a "hold (c)" rating on shares of Sylvamo in a research note on Wednesday, January 21st. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $53.00 target price on shares of Sylvamo in a research note on Thursday, December 18th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $56.00.
Check Out Our Latest Stock Report on SLVM
About Sylvamo
(
Get Free Report)
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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