Intech Investment Management LLC Has $716,000 Stock Position in Interparfums, Inc. $IPAR

Intech Investment Management LLC reduced its holdings in shares of Interparfums, Inc. (NASDAQ:IPAR) by 54.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,439 shares of the company’s stock after selling 9,962 shares during the quarter. Intech Investment Management LLC’s holdings in Interparfums were worth $716,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Oregon Public Employees Retirement Fund boosted its stake in Interparfums by 2.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,204 shares of the company’s stock valued at $357,000 after buying an additional 100 shares in the last quarter. Osaic Holdings Inc. boosted its stake in Interparfums by 1.6% in the second quarter. Osaic Holdings Inc. now owns 6,583 shares of the company’s stock valued at $865,000 after buying an additional 106 shares in the last quarter. ProShare Advisors LLC boosted its stake in Interparfums by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 3,564 shares of the company’s stock valued at $302,000 after buying an additional 107 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Interparfums by 4.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the company’s stock valued at $224,000 after buying an additional 110 shares in the last quarter. Finally, CWM LLC boosted its stake in Interparfums by 21.3% in the fourth quarter. CWM LLC now owns 660 shares of the company’s stock valued at $56,000 after buying an additional 116 shares in the last quarter. 55.57% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Jean Madar sold 20,000 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the sale, the chief executive officer owned 7,066,341 shares in the company, valued at $643,178,357.82. The trade was a 0.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 43.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on IPAR shares. TD Cowen started 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. BWS Financial reaffirmed a “neutral” rating and issued a $85.00 price objective on shares of Interparfums in a research note on Wednesday, April 22nd. Wall Street Zen lowered Interparfums from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research note on Friday, March 27th. One investment 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 MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $106.00.

Interparfums Trading Up 1.2%

Shares of IPAR stock opened at $92.39 on Tuesday. The firm has a market capitalization of $2.96 billion, a P/E ratio of 17.53 and a beta of 1.16. Interparfums, Inc. has a twelve month low of $77.21 and a twelve month high of $142.61. 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 stock’s fifty day simple moving average is $91.89 and its 200 day simple moving average is $91.17.

Interparfums (NASDAQ:IPAR) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.21. The business had revenue of $344.89 million for the quarter, compared to analyst estimates of $345.00 million. Interparfums had a return on equity of 15.47% and a net margin of 11.32%.Interparfums’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, sell-side analysts predict that Interparfums, Inc. will post 4.82 EPS 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.