Interparfums, Inc. $IPAR Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. boosted its position in Interparfums, Inc. (NASDAQ:IPAR) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,163,784 shares of the company’s stock after acquiring an additional 62,832 shares during the quarter. Vanguard Group Inc. owned 0.07% of Interparfums worth $183,554,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd acquired a new position in Interparfums in the third quarter valued at $35,000. Advisory Services Network LLC purchased a new position in Interparfums in the third quarter valued at about $40,000. Quarry LP raised its position in Interparfums by 1,180.5% in the third quarter. Quarry LP now owns 525 shares of the company’s stock valued at $52,000 after purchasing an additional 484 shares during the period. GAMMA Investing LLC raised its position in Interparfums by 269.9% in the fourth quarter. GAMMA Investing LLC now owns 529 shares of the company’s stock valued at $45,000 after purchasing an additional 386 shares during the period. Finally, CWM LLC raised its position in Interparfums by 21.3% in the fourth quarter. CWM LLC now owns 660 shares of the company’s stock valued at $56,000 after purchasing an additional 116 shares during the period. Institutional investors and hedge funds own 55.57% of the company’s stock.

Insider Activity

In other news, CEO Jean Madar sold 20,000 shares of Interparfums stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the sale, the chief executive officer directly 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 43.70% of the company’s stock.

Analyst Upgrades and Downgrades

IPAR has been the topic of several research reports. Zacks Research raised Interparfums from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. BWS Financial reissued a “neutral” rating and issued a $85.00 price objective on shares of Interparfums in a research report on Wednesday, April 22nd. Jefferies Financial Group initiated coverage on Interparfums in a research report on Wednesday, January 14th. They issued a “buy” rating and a $112.00 price objective on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Interparfums in a research report on Friday, March 27th. Finally, Wall Street Zen lowered Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. One 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 has a consensus rating of “Moderate Buy” and a consensus target price of $105.20.

Interparfums Price Performance

Shares of NASDAQ IPAR opened at $94.48 on Monday. Interparfums, Inc. has a 1 year low of $77.21 and a 1 year high of $142.61. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of 17.93 and a beta of 1.16. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.05 and a current ratio of 3.26. The stock’s 50-day simple moving average is $93.10 and its 200-day simple moving average is $91.22.

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 analysts’ consensus estimates of $1.14 by $0.21. Interparfums had a return on equity of 15.47% and a net margin of 11.32%.The business had revenue of $344.89 million for the quarter, compared to analyst estimates of $345.00 million. During the same period in the previous year, the company earned $1.32 earnings per share. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, equities analysts anticipate that Interparfums, Inc. will post 4.82 earnings per share for the current fiscal year.

Interparfums Dividend Announcement

The firm also recently announced 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. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, June 15th. Interparfums’s payout ratio is presently 60.72%.

Interparfums Company 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.