Interparfums (NASDAQ:IPAR) Stock Price Target Raised at Jefferies Financial Group

Interparfums (NASDAQ:IPAR) had its price target hoisted by Jefferies Financial Group from $145.00 to $156.00 in a research report released on Friday,Benzinga reports. Jefferies Financial Group currently has a buy rating on the stock.

Several other research firms have also weighed in on IPAR. TD Cowen lowered shares of Interparfums from a “buy” rating to a “hold” rating and upped their target price for the stock from $110.00 to $120.00 in a report on Monday, August 10th. Zacks Research upgraded shares of Interparfums from a “strong sell” rating to a “hold” rating in a research report on Monday, October 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Interparfums in a report on Friday, October 2nd. The Goldman Sachs Group cut shares of Interparfums from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $110.00 to $129.00 in a research note on Monday, August 10th. Finally, Berenberg Bank cut shares of Interparfums from a “buy” rating to a “hold” rating and set a $130.00 price objective on the stock. in a research note on Friday, August 14th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $125.29.

Interparfums Price Performance

NASDAQ IPAR traded up $0.27 on Friday, reaching $135.55. The company’s stock had a trading volume of 308,978 shares, compared to its average volume of 200,411. Interparfums has a 52 week low of $77.21 and a 52 week high of $136.52. The company has a current ratio of 3.31, a quick ratio of 2.00 and a debt-to-equity ratio of 0.09. The firm has a market cap of $4.34 billion, a PE ratio of 25.53 and a beta of 1.08. The business has a 50-day moving average price of $115.45 and a 200 day moving average price of $105.42.

Interparfums (NASDAQ:IPAR) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.32. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. The firm had revenue of $429.51 million during the quarter, compared to analysts’ expectations of $430.00 million. During the same quarter last year, the company earned $2.05 earnings per share. The company’s revenue for the quarter was down .1% compared to the same quarter last year. Sell-side analysts expect that Interparfums will post 4.85 EPS for the current year.

Interparfums Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 15th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, December 15th. Interparfums’s payout ratio is currently 60.26%.

Insider Activity at Interparfums

In related news, Director Veronique Gabai-Pinsky sold 900 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $116.86, for a total value of $105,174.00. Following the completion of the sale, the director owned 900 shares of the company’s stock, valued at $105,174. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 43.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Interparfums

Several hedge funds have recently added to or reduced their stakes in IPAR. BlackRock Inc. acquired a new position in Interparfums during the 2nd quarter valued at about $326,252,000. First Trust Advisors LP boosted its stake in Interparfums by 19.3% in the first quarter. First Trust Advisors LP now owns 879,005 shares of the company’s stock valued at $79,849,000 after acquiring an additional 142,223 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Interparfums by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 796,189 shares of the company’s stock valued at $72,326,000 after purchasing an additional 20,146 shares during the period. Bahl & Gaynor LLC lifted its stake in shares of Interparfums by 3.1% in the 3rd quarter. Bahl & Gaynor LLC now owns 446,199 shares of the company’s stock valued at $49,510,000 after purchasing an additional 13,451 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in shares of Interparfums in the 2nd quarter worth $35,603,000. Institutional investors own 55.57% of the company’s stock.

Trending Headlines about Interparfums

Here are the key news stories impacting Interparfums this week:

• Positive Sentiment: Jefferies raised its price target to $156 from $145 and maintained a Buy rating, implying about 15% upside from $135.55. Jefferies rating information
• Positive Sentiment: Canaccord Genuity increased its target to $154 from $151 and kept its Buy rating, citing roughly 14% potential upside. Canaccord Genuity rating information
• Positive Sentiment: Interparfums reported third-quarter EPS of $2.13, ahead of estimates and above $2.05 a year earlier. Margin expansion and tariff refunds boosted profitability, and the company raised its 2026 sales guidance. Q3 earnings and guidance article
• Positive Sentiment: The company declared a quarterly dividend of $0.80 per share, payable December 31, with a December 15 ex-dividend date. The annualized payout is $3.20 per share. Dividend announcement

Interparfums Company Profile

Interparfums, Inc (NASDAQ: IPAR) develops, manufactures and distributes prestige fragrances and related beauty products. The company operates primarily through licensing agreements with fashion, luxury and lifestyle brands, creating perfumes, colognes, body products and other fragrance-related offerings for men and women.

Its portfolio has included internationally recognized names such as Montblanc, Jimmy Choo, Coach, Kate Spade New York, Rochas, Boucheron, Van Cleef & Arpels, Oscar de la Renta and Karl Lagerfeld, although brand relationships and licensing arrangements may change over time.