SG Americas Securities LLC Sells 98,269 Shares of Interparfums, Inc. $IPAR

SG Americas Securities LLC cut its holdings in Interparfums, Inc. (NASDAQ:IPAR) by 80.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 24,621 shares of the company’s stock after selling 98,269 shares during the quarter. SG Americas Securities LLC’s holdings in Interparfums were worth $2,237,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Hantz Financial Services Inc. raised its holdings in 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 buying an additional 217 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of Interparfums in the third quarter valued at approximately $35,000. Advisory Services Network LLC acquired a new position in shares of Interparfums in the third quarter valued at approximately $40,000. Global Retirement Partners LLC increased its position in shares of Interparfums by 39.0% during the fourth quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after acquiring an additional 135 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Interparfums by 269.9% during the fourth quarter. GAMMA Investing LLC now owns 529 shares of the company’s stock worth $45,000 after acquiring an additional 386 shares in the last quarter. 55.57% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on IPAR shares. Wall Street Zen cut shares of Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Interparfums in a report on Wednesday, June 24th. TD Cowen assumed coverage on Interparfums in a report on Monday, June 1st. They issued a “buy” rating and a $110.00 price target on the stock. Finally, BWS Financial reaffirmed a “neutral” rating and set a $85.00 price objective on shares of Interparfums in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $106.00.

Interparfums Price Performance

NASDAQ IPAR opened at $115.66 on Thursday. The firm’s 50 day moving average is $95.18 and its 200-day moving average is $93.71. 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 company has a market capitalization of $3.70 billion, a PE ratio of 21.95 and a beta of 1.13. Interparfums, Inc. has a 12-month low of $77.21 and a 12-month high of $139.94.

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

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.