Everstar Asset Management LLC Buys 6,434 Shares of Interparfums, Inc. $IPAR

Everstar Asset Management LLC grew its stake in shares of Interparfums, Inc. (NASDAQ:IPAR) by 153.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,634 shares of the company’s stock after purchasing an additional 6,434 shares during the quarter. Everstar Asset Management LLC’s holdings in Interparfums were worth $966,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Interparfums by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock valued at $183,554,000 after buying an additional 62,832 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Interparfums by 27.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 114,625 shares of the company’s stock valued at $11,277,000 after buying an additional 24,673 shares during the period. UBS Group AG grew its holdings in Interparfums by 91.4% in the 4th quarter. UBS Group AG now owns 131,105 shares of the company’s stock worth $11,122,000 after acquiring an additional 62,605 shares during the last quarter. Tudor Investment Corp ET AL bought a new stake in Interparfums in the 3rd quarter worth $5,156,000. Finally, Aristotle Capital Boston LLC increased its position in shares of Interparfums by 99.8% in the third quarter. Aristotle Capital Boston LLC now owns 168,089 shares of the company’s stock valued at $16,537,000 after acquiring an additional 83,980 shares during the period. Institutional investors own 55.57% of the company’s stock.

Interparfums Stock Performance

NASDAQ:IPAR opened at $99.09 on Monday. The stock has a market cap of $3.17 billion, a P/E ratio of 18.80 and a beta of 1.16. The firm’s fifty day simple moving average is $93.38 and its 200 day simple moving average is $92.34. Interparfums, Inc. has a twelve month low of $77.21 and a twelve month high of $139.94. 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 (NASDAQ:IPAR) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $1.35 earnings per share (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 business had revenue of $344.89 million for the quarter, compared to the consensus estimate of $345.00 million. During the same period in the previous year, the firm earned $1.32 EPS. The company’s quarterly 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, research analysts predict that Interparfums, Inc. will post 4.82 EPS for the current year.

Analyst Ratings Changes

IPAR has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of Interparfums from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. BWS Financial reissued a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a research note on Wednesday, April 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a report on Friday, March 27th. Finally, TD Cowen started coverage on Interparfums in a research report on Monday, June 1st. They set a “buy” rating and a $110.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $106.00.

Insider Activity

In related news, CEO Jean Madar sold 20,000 shares of the business’s stock in a transaction dated 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 transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 43.70% of the stock is owned by corporate insiders.

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.