D.A. Davidson & CO. Invests $1.30 Million in Interparfums, Inc. $IPAR

D.A. Davidson & CO. acquired a new stake in shares of Interparfums, Inc. (NASDAQ:IPAR) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,262 shares of the company’s stock, valued at approximately $1,296,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hantz Financial Services Inc. boosted its stake in Interparfums by 172.2% in the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after purchasing an additional 217 shares in the last quarter. Advisory Services Network LLC acquired a new position in Interparfums during the 3rd quarter valued at approximately $40,000. Global Retirement Partners LLC increased its stake in Interparfums by 39.0% during the 4th quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock valued at $41,000 after purchasing an additional 135 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Interparfums by 269.9% in the fourth quarter. GAMMA Investing LLC now owns 529 shares of the company’s stock worth $45,000 after buying an additional 386 shares during the last quarter. Finally, Larson Financial Group LLC purchased a new position in shares of Interparfums in the fourth quarter worth $46,000. 55.57% of the stock is owned by hedge funds and other institutional investors.

Interparfums Stock Down 0.5%

NASDAQ:IPAR opened at $122.22 on Thursday. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.26 and a quick ratio of 2.05. The company’s fifty day moving average price is $103.76 and its 200-day moving average price is $97.51. Interparfums, Inc. has a 1-year low of $77.21 and a 1-year high of $133.97. The firm has a market capitalization of $3.91 billion, a P/E ratio of 23.19 and a beta of 1.13.

Interparfums (NASDAQ:IPAR) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.21. The company had revenue of $344.89 million for the quarter, compared to the consensus estimate of $345.00 million. Interparfums had a return on equity of 15.47% and a net margin of 11.32%.The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period last year, the firm earned $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, equities research analysts anticipate that Interparfums, Inc. will post 4.82 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on IPAR. Wall Street Zen lowered shares of Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. BWS Financial reaffirmed a “neutral” rating and set a $85.00 price target on shares of Interparfums in a research report on Wednesday, April 22nd. Weiss Ratings upgraded Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Finally, TD Cowen started coverage on Interparfums in a report on Monday, June 1st. They issued a “buy” rating and a $110.00 price objective on the stock. One investment 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’s stock. Based on data from MarketBeat.com, Interparfums currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.00.

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.