Interparfums, Inc. $IPAR Shares Purchased by UBS Group AG

UBS Group AG boosted its stake in Interparfums, Inc. (NASDAQ:IPAR) by 91.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 131,105 shares of the company’s stock after purchasing an additional 62,605 shares during the quarter. UBS Group AG’s holdings in Interparfums were worth $11,122,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in Interparfums by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock valued at $183,554,000 after acquiring an additional 62,832 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Interparfums by 29.2% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 8,320 shares of the company’s stock valued at $704,000 after acquiring an additional 1,881 shares during the period. Evergreen Capital Management LLC acquired a new stake in Interparfums in the 4th quarter valued at $523,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Interparfums by 95.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,357 shares of the company’s stock valued at $624,000 after acquiring an additional 3,590 shares during the period. Finally, Tributary Capital Management LLC grew its stake in Interparfums by 0.9% in the 4th quarter. Tributary Capital Management LLC now owns 115,311 shares of the company’s stock valued at $9,782,000 after acquiring an additional 1,051 shares during the period. Institutional investors and hedge funds own 55.57% of the company’s stock.

Interparfums Trading Down 1.8%

Shares of IPAR opened at $86.16 on Friday. Interparfums, Inc. has a 52-week low of $77.21 and a 52-week high of $142.61. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10. The firm’s fifty day moving average is $91.95 and its two-hundred day moving average is $90.90. The stock has a market cap of $2.76 billion, a PE ratio of 16.35 and a beta of 1.16.

Interparfums (NASDAQ:IPAR) last announced its earnings results on Tuesday, May 5th. The company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.21. Interparfums had a net margin of 11.32% and a return on equity of 15.47%. The company had revenue of $344.89 million for the quarter, compared to analysts’ expectations of $345.00 million. During the same quarter in the previous year, the company posted $1.32 EPS. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Research analysts forecast that Interparfums, Inc. will post 4.82 earnings per share for the current fiscal year.

Interparfums Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $3.20 annualized dividend and a dividend yield of 3.7%. Interparfums’s payout ratio is presently 60.72%.

Analyst Ratings Changes

IPAR has been the topic of a number of research analyst reports. BWS Financial reissued a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a research note on Wednesday, April 22nd. Wall Street Zen cut shares of Interparfums from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research note on Friday, March 27th. Finally, Zacks Research raised shares of Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $105.20.

Insider Buying and Selling at Interparfums

In other news, CEO Jean Madar sold 20,000 shares of the business’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the transaction, the chief executive officer owned 7,066,341 shares of the company’s stock, valued at approximately $643,178,357.82. The trade was a 0.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 43.70% of the company’s stock.

Interparfums Profile

Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others.

The company’s core activities include fragrance creation, brand management and international logistics.