Mawer Investment Management Ltd. Invests $6.52 Million in Interparfums, Inc. $IPAR

Mawer Investment Management Ltd. bought a new stake in shares of Interparfums, Inc. (NASDAQ:IPAR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 76,881 shares of the company’s stock, valued at approximately $6,522,000. Mawer Investment Management Ltd. owned approximately 0.24% of Interparfums as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. raised its stake in Interparfums by 172.2% in the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after buying an additional 217 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new stake in Interparfums during the 3rd quarter valued at $35,000. Advisory Services Network LLC purchased a new position in shares of Interparfums in the 3rd quarter valued at $40,000. Global Retirement Partners LLC increased its holdings in shares of Interparfums by 39.0% in the 4th quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock valued at $41,000 after acquiring an additional 135 shares during the period. Finally, Quarry LP raised its position in shares of Interparfums by 1,180.5% in the 3rd quarter. Quarry LP now owns 525 shares of the company’s stock worth $52,000 after acquiring an additional 484 shares in the last quarter. 55.57% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently commented on IPAR. Wall Street Zen lowered shares of Interparfums from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a report on Friday, March 27th. TD Cowen initiated coverage on Interparfums in a research report on Monday. They set a “buy” rating and a $110.00 price target on the stock. Zacks Research upgraded 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 issued a $85.00 price objective 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 assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Interparfums has an average rating of “Moderate Buy” and an average target price of $106.00.

Insider Transactions at Interparfums

In other Interparfums news, CEO Jean Madar sold 20,000 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 7,066,341 shares in the company, valued at approximately $643,178,357.82. This represents a 0.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 43.70% of the company’s stock.

Interparfums Price Performance

NASDAQ:IPAR opened at $92.40 on Tuesday. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10. Interparfums, Inc. has a 52 week low of $77.21 and a 52 week high of $142.61. The stock’s 50-day moving average price is $91.91 and its 200-day moving average price is $91.04. The stock has a market capitalization of $2.96 billion, a PE ratio of 17.53 and a beta of 1.16.

Interparfums (NASDAQ:IPAR) last issued its quarterly 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. 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 analyst estimates of $345.00 million. During the same quarter in the previous year, the firm earned $1.32 EPS. The firm’s revenue was up 1.8% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, equities analysts expect 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.