Royce & Associates LP Increases Holdings in Interparfums, Inc. $IPAR

Royce & Associates LP lifted its stake in shares of Interparfums, Inc. (NASDAQ:IPAR) by 15.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 480,994 shares of the company’s stock after purchasing an additional 63,985 shares during the quarter. Royce & Associates LP owned 1.50% of Interparfums worth $47,320,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada increased its position in shares of Interparfums by 8.7% during the first quarter. Royal Bank of Canada now owns 55,923 shares of the company’s stock valued at $6,368,000 after buying an additional 4,453 shares during the period. AQR Capital Management LLC grew its stake in Interparfums by 61.7% during the first quarter. AQR Capital Management LLC now owns 2,923 shares of the company’s stock valued at $333,000 after acquiring an additional 1,115 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Interparfums by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,848 shares of the company’s stock worth $1,235,000 after acquiring an additional 476 shares during the period. Goldman Sachs Group Inc. lifted its stake in Interparfums by 2.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company’s stock worth $15,825,000 after purchasing an additional 3,684 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Interparfums by 25.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 153,182 shares of the company’s stock valued at $20,114,000 after purchasing an additional 30,588 shares during the period. Institutional investors own 55.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on IPAR shares. Berenberg Bank assumed coverage on shares of Interparfums in a research report on Friday, November 21st. They set a “buy” rating and a $103.00 price target for the company. Jefferies Financial Group assumed coverage on Interparfums in a research note on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective for the company. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a research note on Monday, December 29th. Zacks Research raised Interparfums from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Finally, BWS Financial reissued a “neutral” rating and set a $85.00 price objective on shares of Interparfums in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Interparfums has an average rating of “Moderate Buy” and an average price target of $119.14.

Interparfums Stock Performance

Shares of NASDAQ IPAR opened at $100.78 on Friday. Interparfums, Inc. has a 1-year low of $77.21 and a 1-year high of $146.00. The company has a current ratio of 2.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.11. The stock’s 50-day moving average is $94.21 and its 200 day moving average is $95.58. The stock has a market cap of $3.23 billion, a price-to-earnings ratio of 19.23 and a beta of 1.24.

Interparfums (NASDAQ:IPAR) last issued its earnings results on Tuesday, February 24th. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.10. The company had revenue of $386.18 million for the quarter, compared to analysts’ expectations of $366.76 million. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The firm’s revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.82 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, sell-side analysts anticipate that Interparfums, Inc. will post 5.14 EPS for the current fiscal year.

Interparfums Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, March 16th. Interparfums’s payout ratio is 61.07%.

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.