First Trust Advisors LP Grows Position in Interparfums, Inc. $IPAR

First Trust Advisors LP raised its position in Interparfums, Inc. (NASDAQ:IPAR) by 17.2% during the third quarter, HoldingsChannel.com reports. The firm owned 628,349 shares of the company’s stock after purchasing an additional 92,253 shares during the period. First Trust Advisors LP’s holdings in Interparfums were worth $61,817,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Royal Bank of Canada lifted 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 worth $6,368,000 after purchasing an additional 4,453 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Interparfums by 61.7% in the first quarter. AQR Capital Management LLC now owns 2,923 shares of the company’s stock worth $333,000 after purchasing an additional 1,115 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Interparfums by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,848 shares of the company’s stock worth $1,235,000 after buying an additional 476 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Interparfums by 2.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company’s stock valued at $15,825,000 after buying an additional 3,684 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its holdings in Interparfums by 71.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 375 shares of the company’s stock valued at $49,000 after buying an additional 156 shares in the last quarter. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Analysts Set New Price Targets

IPAR has been the topic of a number of research analyst reports. Berenberg Bank initiated coverage on shares of Interparfums in a research note on Friday, November 21st. They issued a “buy” rating and a $103.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research note on Monday, December 29th. BWS Financial reiterated a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a report on Thursday, January 29th. Jefferies Financial Group started coverage on Interparfums in a report on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective on the stock. Finally, UBS Group set a $103.00 target price on Interparfums in a research report on Friday, November 21st. 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 MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $119.14.

Interparfums Stock Up 0.9%

Shares of Interparfums stock opened at $94.02 on Wednesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.99 and a quick ratio of 1.97. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 17.94 and a beta of 1.21. The firm’s 50-day moving average is $95.66 and its two-hundred day moving average is $94.52. Interparfums, Inc. has a 1 year low of $77.21 and a 1 year high of $142.61.

Interparfums (NASDAQ:IPAR) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.78 by $0.10. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The business had revenue of $386.18 million during the quarter, compared to analyst estimates of $366.76 million. During the same quarter in the previous year, the business posted $0.82 EPS. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, research analysts expect that Interparfums, Inc. will post 5.14 earnings per share for the current fiscal year.

Interparfums Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a dividend of $0.80 per share. The ex-dividend date is Monday, March 16th. This represents a $3.20 dividend on an annualized basis and a yield of 3.4%. Interparfums’s dividend payout ratio is currently 61.07%.

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.