95,503 Shares in Interparfums, Inc. $IPAR Purchased by Jupiter Topco LLC

Jupiter Topco LLC purchased a new stake in Interparfums, Inc. (NASDAQ:IPAR) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 95,503 shares of the company’s stock, valued at approximately $10,684,000.

Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Interparfums during the second quarter valued at approximately $326,252,000. Vanguard Group Inc. lifted its stake in shares of Interparfums by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock worth $183,554,000 after buying an additional 62,832 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of Interparfums by 19.3% in the first quarter. First Trust Advisors LP now owns 879,005 shares of the company’s stock worth $79,849,000 after buying an additional 142,223 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Interparfums by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 796,189 shares of the company’s stock worth $72,326,000 after acquiring an additional 20,146 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Interparfums by 3.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 753,469 shares of the company’s stock valued at $63,917,000 after acquiring an additional 23,767 shares in the last quarter. 55.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Veronique Gabai-Pinsky sold 900 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $116.86, for a total value of $105,174.00. Following the completion of the transaction, the director directly owned 900 shares in the company, valued at approximately $105,174. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 43.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on IPAR. Jefferies Financial Group increased their price objective on shares of Interparfums from $115.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Berenberg Bank cut Interparfums from a “buy” rating to a “hold” rating and set a $130.00 target price on the stock. in a report on Friday, August 14th. Canaccord Genuity Group upped their price target on Interparfums from $141.00 to $151.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Weiss Ratings raised Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. Finally, BWS Financial downgraded Interparfums from a “neutral” rating to a “sell” rating and set a $85.00 price objective on the stock. in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $123.29.

Interparfums Price Performance

Interparfums stock opened at $117.78 on Friday. Interparfums, Inc. has a 12-month low of $77.21 and a 12-month high of $129.29. The stock has a market cap of $3.77 billion, a P/E ratio of 22.52 and a beta of 1.11. The company has a 50-day moving average price of $117.89 and a 200 day moving average price of $102.52. The company has a current ratio of 3.31, a quick ratio of 2.00 and a debt-to-equity ratio of 0.09.

Interparfums (NASDAQ:IPAR) last posted its earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, meeting the consensus estimate of $0.95. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. The company had revenue of $341.04 million for the quarter, compared to analyst estimates of $341.00 million. During the same period in the previous year, the business posted $0.99 EPS. Interparfums’s revenue was up 2.1% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Sell-side analysts anticipate that Interparfums, Inc. will post 4.85 earnings per share for the current year.

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.