Van Hulzen Asset Management LLC purchased a new stake in Interparfums, Inc. (NASDAQ:IPAR – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 10,163 shares of the company’s stock, valued at approximately $1,137,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Hantz Financial Services Inc. lifted its holdings in shares of Interparfums by 172.2% during the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after acquiring an additional 217 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Interparfums in the third quarter worth approximately $40,000. Global Retirement Partners LLC grew its holdings in Interparfums by 39.0% in the fourth quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock valued at $41,000 after purchasing an additional 135 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Interparfums by 34.2% in the first quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company’s stock valued at $44,000 after purchasing an additional 124 shares during the period. Finally, Larson Financial Group LLC acquired a new position in Interparfums during the fourth quarter worth approximately $46,000. Institutional investors and hedge funds own 55.57% of the company’s stock.
Analyst Ratings Changes
A number of research firms have weighed in on IPAR. Jefferies Financial Group increased their price target on shares of Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Canaccord Genuity Group boosted their price objective on shares of Interparfums from $141.00 to $151.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. TD Cowen downgraded Interparfums from a “buy” rating to a “hold” rating and upped their price objective for the stock from $110.00 to $120.00 in a report on Monday, August 10th. The Goldman Sachs Group lowered Interparfums from a “buy” rating to a “neutral” rating and increased their target price for the stock from $110.00 to $129.00 in a research report on Monday, August 10th. Finally, Berenberg Bank cut Interparfums from a “buy” rating to a “hold” rating and set a $130.00 target price on the stock. in a report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $123.29.
Interparfums Stock Up 1.0%
IPAR opened at $116.80 on Tuesday. The firm has a 50 day moving average price of $116.43 and a 200 day moving average price of $102.08. The company has a market cap of $3.74 billion, a PE ratio of 22.33 and a beta of 1.11. Interparfums, Inc. has a 1 year low of $77.21 and a 1 year high of $129.29. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.00 and a current ratio of 3.31.
Interparfums (NASDAQ:IPAR – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.95. The firm had revenue of $341.04 million for the quarter, compared to analysts’ expectations of $341.00 million. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. Interparfums’s revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.99 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Sell-side analysts expect that Interparfums, Inc. will post 4.85 earnings per share for the current year.
About Interparfums
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.
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