Victory Capital Management Inc. Sells 46,182 Shares of International Seaways Inc. $INSW

Victory Capital Management Inc. lowered its stake in shares of International Seaways Inc. (NYSE:INSW) by 16.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 227,158 shares of the transportation company’s stock after selling 46,182 shares during the period. Victory Capital Management Inc. owned approximately 0.46% of International Seaways worth $10,467,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. grew its position in shares of International Seaways by 4,255.3% during the 3rd quarter. Pacer Advisors Inc. now owns 197,380 shares of the transportation company’s stock worth $9,095,000 after buying an additional 192,848 shares in the last quarter. Marex Group plc purchased a new stake in International Seaways during the second quarter valued at approximately $4,276,000. Denali Advisors LLC boosted its holdings in International Seaways by 94.3% in the third quarter. Denali Advisors LLC now owns 48,774 shares of the transportation company’s stock worth $2,248,000 after acquiring an additional 23,674 shares in the last quarter. Creative Planning increased its holdings in shares of International Seaways by 270.9% during the second quarter. Creative Planning now owns 30,981 shares of the transportation company’s stock valued at $1,130,000 after acquiring an additional 22,628 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of International Seaways by 7.5% during the third quarter. American Century Companies Inc. now owns 1,994,978 shares of the transportation company’s stock valued at $91,929,000 after acquiring an additional 139,868 shares in the last quarter. Institutional investors own 67.29% of the company’s stock.

International Seaways Price Performance

International Seaways stock opened at $70.35 on Thursday. The stock has a market capitalization of $3.48 billion, a P/E ratio of 11.29 and a beta of -0.23. The company’s fifty day moving average price is $61.88 and its 200 day moving average price is $53.31. The company has a debt-to-equity ratio of 0.27, a quick ratio of 3.71 and a current ratio of 3.71. International Seaways Inc. has a 1 year low of $27.20 and a 1 year high of $78.51.

International Seaways (NYSE:INSW) last posted its quarterly earnings data on Thursday, February 26th. The transportation company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.70. International Seaways had a return on equity of 13.92% and a net margin of 36.67%.The company had revenue of $267.88 million for the quarter, compared to analysts’ expectations of $245.29 million. During the same period in the previous year, the firm posted $0.90 EPS. International Seaways’s revenue was up 37.7% compared to the same quarter last year. As a group, equities research analysts anticipate that International Seaways Inc. will post 7.77 earnings per share for the current fiscal year.

International Seaways Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 20th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, March 20th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.7%. International Seaways’s dividend payout ratio is presently 7.70%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on INSW. Pareto Securities upgraded shares of International Seaways from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a research note on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft increased their price target on shares of International Seaways from $63.00 to $80.00 and gave the stock a “buy” rating in a report on Monday. Benchmark reiterated a “buy” rating on shares of International Seaways in a research note on Thursday, February 26th. BTIG Research upped their price target on shares of International Seaways from $70.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of International Seaways in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, International Seaways has an average rating of “Buy” and an average target price of $68.00.

Trending Headlines about International Seaways

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

• Positive Sentiment: Earnings estimates are being revised up, which supports the company’s outlook and could underpin further upside if momentum continues. Earnings Estimates Moving Higher for INSW
• Positive Sentiment: Major dealers raised targets and ratings recently (Deutsche Bank boosted its price target to $80 and other firms upgraded/raised targets), providing analyst support for the stock. Deutsche Bank Increases INSW Price Target
• Positive Sentiment: Institutional buying and larger hedge‑fund positions have increased over recent quarters, which can stabilize shares and provide longer‑term demand. MarketBeat INSW Summary
• Neutral Sentiment: The company declared a small quarterly dividend ($0.12 per share, annualized $0.48), a limited yield that’s unlikely to materially move the stock but adds a modest cash return. Dividend & Company Details
• Negative Sentiment: Several insiders and directors sold meaningful stakes this week (including sales by Director Alexandra Blankenship and Director Randee E. Day), which often signals management profit‑taking and can pressure the stock short term. Blankenship Form 4 Day Form 4
• Negative Sentiment: Treasurer Debra Grillo sold 389 shares (disclosed in a Form 4), a smaller but visible insider reduction that reinforces the near‑term selling narrative. InsiderTrades: Grillo Sale

Insiders Place Their Bets

In other International Seaways news, CAO James D. Small III sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $75.37, for a total transaction of $1,507,400.00. Following the transaction, the chief accounting officer owned 36,376 shares of the company’s stock, valued at approximately $2,741,659.12. The trade was a 35.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Alexandra Kate Blankenship sold 5,000 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $74.88, for a total value of $374,400.00. Following the completion of the sale, the director directly owned 10,213 shares of the company’s stock, valued at $764,749.44. This trade represents a 32.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 60,697 shares of company stock valued at $4,402,750. Corporate insiders own 2.00% of the company’s stock.

About International Seaways

International Seaways, Inc (NYSE: INSW) is an independent tanker company that provides seaborne transportation services to oil companies, commodity traders and national oil companies. The firm’s operations focus on the carriage of crude oil and refined petroleum products, offering both time­ charter and voyage­ charter arrangements. With a modern fleet of very large crude carriers (VLCCs), Suezmax and Aframax tankers, as well as medium range (MR) and Handy product tankers, International Seaways supports global energy supply chains across major trade routes.

Founded in 1997 as Diamond S Shipping, the company completed its initial public offering in the late 1990s and rebranded to International Seaways in September 2018.