London Co. of Virginia Has $13.12 Million Holdings in Interparfums, Inc. $IPAR

London Co. of Virginia cut its holdings in shares of Interparfums, Inc. (NASDAQ:IPAR) by 16.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 154,684 shares of the company’s stock after selling 30,807 shares during the period. London Co. of Virginia owned 0.48% of Interparfums worth $13,122,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in IPAR. Royal Bank of Canada lifted its position in Interparfums by 8.7% during the 1st quarter. Royal Bank of Canada now owns 55,923 shares of the company’s stock valued at $6,368,000 after purchasing an additional 4,453 shares during the period. AQR Capital Management LLC lifted its position in Interparfums by 61.7% during the 1st quarter. AQR Capital Management LLC now owns 2,923 shares of the company’s stock valued at $333,000 after purchasing an additional 1,115 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position 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 valued at $1,235,000 after purchasing an additional 476 shares during the period. Goldman Sachs Group Inc. lifted its position 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 purchasing an additional 3,684 shares during the period. Finally, Russell Investments Group Ltd. lifted its position in Interparfums by 24.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 9,752 shares of the company’s stock valued at $1,281,000 after purchasing an additional 1,893 shares during the period. 55.57% of the stock is currently owned by institutional investors and hedge funds.

Interparfums Stock Performance

Shares of IPAR stock opened at $100.17 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.05 and a current ratio of 3.26. The company has a market capitalization of $3.21 billion, a P/E ratio of 19.01 and a beta of 1.16. The company’s 50 day moving average price is $92.92 and its two-hundred day moving average price is $91.98. Interparfums, Inc. has a 52 week low of $77.21 and a 52 week 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 firm had revenue of $344.89 million for the quarter, compared to the consensus estimate of $345.00 million. Interparfums had a net margin of 11.32% and a return on equity of 15.47%. The business’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period last year, the company posted $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, analysts expect that Interparfums, Inc. will post 4.82 earnings per share for the current fiscal year.

Analysts Set New Price Targets

IPAR has been the topic of a number of research reports. Wall Street Zen downgraded shares of Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. TD Cowen initiated coverage on shares of Interparfums in a research report on Monday, June 1st. They set a “buy” rating and a $110.00 target price on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a research report on Friday, March 27th. Finally, BWS Financial restated a “neutral” rating and set a $85.00 target price 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 assigned a Hold rating to the company. According to data from MarketBeat, Interparfums currently has an average rating of “Moderate Buy” and an average target price of $106.00.

Insider Buying and Selling

In other Interparfums news, CEO Jean Madar sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the sale, the chief executive officer directly owned 7,066,341 shares in the company, valued at approximately $643,178,357.82. This trade represents a 0.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 43.70% of the company’s stock.

Interparfums Company 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.