London Co. of Virginia Increases Stake in Interparfums, Inc. $IPAR

London Co. of Virginia lifted its position in Interparfums, Inc. (NASDAQ:IPAR) by 21.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,043 shares of the company’s stock after acquiring an additional 33,359 shares during the quarter. London Co. of Virginia’s holdings in Interparfums were worth $17,082,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IPAR. Sei Investments Co. increased its position in Interparfums by 17.3% during the 1st quarter. Sei Investments Co. now owns 230,073 shares of the company’s stock valued at $20,900,000 after purchasing an additional 33,882 shares during the period. First Trust Advisors LP lifted its position in shares of Interparfums by 19.3% in the 1st quarter. First Trust Advisors LP now owns 879,005 shares of the company’s stock worth $79,849,000 after purchasing an additional 142,223 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Interparfums by 17.7% during the first quarter. PNC Financial Services Group Inc. now owns 3,110 shares of the company’s stock valued at $282,000 after purchasing an additional 468 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Interparfums by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 796,189 shares of the company’s stock valued at $72,326,000 after purchasing an additional 20,146 shares in the last quarter. Finally, Aurora Investment Counsel boosted its stake in shares of Interparfums by 7.0% during the first quarter. Aurora Investment Counsel now owns 3,965 shares of the company’s stock valued at $360,000 after purchasing an additional 260 shares in the last quarter. 55.57% of the stock is owned by hedge funds and other institutional investors.

Interparfums Stock Up 2.3%

Shares of Interparfums stock opened at $122.55 on Friday. 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 company has a market cap of $3.93 billion, a P/E ratio of 23.25 and a beta of 1.13. The firm’s 50 day moving average price is $105.13 and its 200-day moving average price is $97.93. Interparfums, Inc. has a 52-week low of $77.21 and a 52-week high of $128.62.

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

Analysts Set New Price Targets

A number of equities analysts recently commented on IPAR shares. Wall Street Zen downgraded shares of Interparfums from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. TD Cowen began coverage on 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 upgraded Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. BWS Financial reissued a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a research report on Wednesday, April 22nd. Finally, Canaccord Genuity Group upped their price objective on Interparfums from $123.00 to $141.00 and gave the stock a “buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Interparfums has an average rating of “Moderate Buy” and an average price target of $109.00.

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.