Sequoia Financial Advisors LLC Makes New $450,000 Investment in Interparfums, Inc. $IPAR

Sequoia Financial Advisors LLC bought a new stake in Interparfums, Inc. (NASDAQ:IPAR) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,952 shares of the company’s stock, valued at approximately $450,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Hantz Financial Services Inc. lifted its stake in Interparfums by 172.2% in the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock valued at $29,000 after purchasing an additional 217 shares during the last quarter. Advisory Services Network LLC purchased a new stake in Interparfums in the third quarter worth $40,000. Global Retirement Partners LLC increased its position in Interparfums by 39.0% in the fourth quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after buying an additional 135 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of 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 buying an additional 386 shares during the period. Finally, Larson Financial Group LLC purchased a new position in shares of Interparfums during the 4th quarter valued at $46,000. 55.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. TD Cowen began coverage on Interparfums in a research note on Monday, June 1st. They issued a “buy” rating and a $110.00 price objective on the stock. Wall Street Zen lowered shares of Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Weiss Ratings upgraded shares of Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Finally, BWS Financial reiterated a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Interparfums currently has an average rating of “Moderate Buy” and a consensus price target of $106.00.

Interparfums Trading Down 1.3%

Shares of Interparfums stock opened at $122.82 on Wednesday. The company’s 50-day moving average price is $103.09 and its 200-day moving average price is $97.25. The company has a current ratio of 3.26, a quick ratio of 2.05 and a debt-to-equity ratio of 0.10. Interparfums, Inc. has a 12-month low of $77.21 and a 12-month high of $133.97. The company has a market cap of $3.93 billion, a price-to-earnings ratio of 23.31 and a beta of 1.13.

Interparfums (NASDAQ:IPAR) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.14 by $0.21. The company 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%. Interparfums’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.32 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, equities analysts expect that Interparfums, Inc. will post 4.82 earnings per share for the current fiscal 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.