International Seaways Inc. $INSW Stock: SummerHaven Investment Management LLC Cuts Holdings

SummerHaven Investment Management LLC reduced its stake in International Seaways Inc. (NYSE:INSW) by 32.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,389 shares of the transportation company’s stock after selling 6,410 shares during the quarter. International Seaways comprises about 1.0% of SummerHaven Investment Management LLC’s portfolio, making the stock its 21st largest holding. SummerHaven Investment Management LLC’s holdings in International Seaways were worth $1,475,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Quantbot Technologies LP purchased a new stake in International Seaways during the 2nd quarter worth approximately $28,000. Mather Group LLC. raised its holdings in shares of International Seaways by 100.0% in the third quarter. Mather Group LLC. now owns 400 shares of the transportation company’s stock worth $44,000 after buying an additional 200 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in International Seaways by 583.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 963 shares of the transportation company’s stock worth $47,000 after acquiring an additional 822 shares during the last quarter. Allworth Financial LP purchased a new position in shares of International Seaways in the second quarter worth about $48,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in International Seaways during the 2nd quarter valued at approximately $66,000. 67.29% of the stock is currently owned by institutional investors and hedge funds.

International Seaways Stock Performance

NYSE:INSW opened at $109.99 on Friday. International Seaways Inc. has a fifty-two week low of $44.73 and a fifty-two week high of $126.27. The company has a 50 day moving average price of $105.69 and a 200 day moving average price of $91.08. The stock has a market capitalization of $5.45 billion, a P/E ratio of 7.03, a PEG ratio of 0.27 and a beta of -0.14. The company has a debt-to-equity ratio of 0.27, a quick ratio of 5.76 and a current ratio of 5.94.

International Seaways (NYSE:INSW) last released its earnings results on Monday, August 10th. The transportation company reported $5.91 earnings per share for the quarter, beating the consensus estimate of $5.55 by $0.36. International Seaways had a return on equity of 31.75% and a net margin of 61.98%. The company had revenue of $467.29 million during the quarter, compared to the consensus estimate of $406.38 million. During the same period in the previous year, the company posted $1.02 EPS. International Seaways’s revenue was up 138.9% compared to the same quarter last year. Equities research analysts forecast that International Seaways Inc. will post 17.08 EPS for the current year.

International Seaways Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th were issued a dividend of $5.05 per share. This is a boost from International Seaways’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, September 10th. This represents a $20.20 annualized dividend and a yield of 18.4%. International Seaways’s dividend payout ratio (DPR) is presently 129.16%.

Trending Headlines about International Seaways

Here are the key news stories impacting International Seaways this week:

• Positive Sentiment: Fleet expansion announced: International Seaways agreed to acquire Bruton Limited in transactions valuing the target at approximately $370 million. The deal would add four VLCC vessels, including newbuildings, expanding INSW’s crude-oil tanker capacity and potentially increasing future revenue and cash flow. International Seaways Expands VLCC Fleet Through Strategic Combination with Bruton Limited
• Positive Sentiment: Analyst price-target increase: B. Riley raised its target for INSW to $140, signaling continued confidence in the company’s earnings outlook and tanker-sector prospects. B. Riley lifts target for International Seaways stock to USD 140
• Positive Sentiment: Preliminary third-quarter update: INSW reported preliminary third-quarter net income and revenue and provided earnings guidance ahead of its scheduled November 5 results release. The update gives investors additional visibility into operating performance. International Seaways Reports Preliminary Q3 Net Income, Revenue; Plans Acquisition of Bruton
• Neutral Sentiment: Results date scheduled: International Seaways will release full third-quarter 2026 results before the market opens on November 5, followed by an investor conference call. International Seaways to Announce Third Quarter 2026 Results
• Negative Sentiment: Major shareholder continues selling: Finance Ltd Famatown disclosed sales totaling roughly 228,000 INSW shares from October 5–8 at average prices of about $115–$119, reducing its holdings by approximately 3.3% over those transactions. Although the shareholder still owns more than 6.7 million shares, the repeated selling can raise concerns about near-term supply and insider confidence. SEC ownership filing

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Zacks Research raised International Seaways from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. Jefferies Financial Group increased their price objective on shares of International Seaways from $100.00 to $108.00 and gave the company a “buy” rating in a report on Thursday, August 13th. B. Riley Financial raised their target price on International Seaways from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, October 5th. BTIG Research boosted their price target on shares of International Seaways from $100.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, September 18th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $107.00 price objective on shares of International Seaways in a research note on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $109.80.

Insider Transactions at International Seaways

In other news, major shareholder Finance Ltd Famatown sold 104,428 shares of the firm’s stock in a transaction dated Wednesday, July 22nd. The stock was sold at an average price of $90.54, for a total transaction of $9,454,911.12. Following the sale, the insider owned 7,149,594 shares of the company’s stock, valued at approximately $647,324,240.76. This trade represents a 1.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lois Zabrocky sold 2,000 shares of International Seaways stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $108.01, for a total transaction of $216,020.00. Following the sale, the chief executive officer owned 171,745 shares in the company, valued at $18,550,177.45. This represents a 1.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 553,718 shares of company stock worth $60,577,717. Company insiders own 1.70% of the company’s stock.

International Seaways Profile

International Seaways, Inc (NYSE: INSW) is a maritime transportation company that owns and operates oceangoing tankers. The company transports crude oil, refined petroleum products and other liquid cargoes for energy producers, commodity traders, refiners and other customers worldwide.

Its fleet includes crude-oil tankers serving major international trade routes, as well as product tankers used to move gasoline, diesel, jet fuel and other refined petroleum products. International Seaways employs a combination of time-charter, voyage-charter and pool arrangements to market its vessels and provide transportation services.

International Seaways was established in 2016 through the separation of the international tanker business from Overseas Shipholding Group.