Tudor Investment Corp ET AL Takes $5.16 Million Position in Interparfums, Inc. $IPAR

Tudor Investment Corp ET AL acquired a new stake in shares of Interparfums, Inc. (NASDAQ:IPAR) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 52,407 shares of the company’s stock, valued at approximately $5,156,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Exchange Traded Concepts LLC purchased a new stake in shares of Interparfums during the 3rd quarter valued at $34,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Interparfums during the 3rd quarter valued at $35,000. Advisory Services Network LLC purchased a new stake in shares of Interparfums during the 3rd quarter valued at $40,000. Quarry LP raised its position in shares of Interparfums by 1,180.5% during the 3rd quarter. Quarry LP now owns 525 shares of the company’s stock valued at $52,000 after buying an additional 484 shares in the last quarter. Finally, State of Wyoming purchased a new stake in shares of Interparfums during the 2nd quarter valued at $127,000. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Insider Activity

In other Interparfums 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 value of $1,820,400.00. Following the transaction, the chief executive officer owned 7,066,341 shares in the company, valued at approximately $643,178,357.82. The trade was a 0.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 43.70% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on IPAR shares. Wall Street Zen cut shares of Interparfums from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. BWS Financial restated a “neutral” rating and set a $85.00 price objective on shares of Interparfums in a research report on Thursday, January 29th. Jefferies Financial Group started coverage on shares of Interparfums in a research report on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective on the stock. Zacks Research upgraded shares of Interparfums from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a research report on Friday, March 27th. One investment 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’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $110.67.

Interparfums Price Performance

IPAR stock opened at $90.55 on Thursday. The firm’s 50-day moving average price is $95.79 and its two-hundred day moving average price is $91.67. Interparfums, Inc. has a 12-month low of $77.21 and a 12-month high of $142.61. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 17.28 and a beta of 1.25. The company has a current ratio of 2.99, a quick ratio of 1.97 and a debt-to-equity ratio of 0.11.

Interparfums (NASDAQ:IPAR) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.10. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The firm had revenue of $386.18 million for the quarter, compared to analysts’ expectations of $366.76 million. During the same quarter in the previous year, the company earned $0.82 earnings per share. The company’s revenue for the quarter was up 6.8% 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 predict that Interparfums, Inc. will post 5.14 earnings per share for the current year.

Interparfums Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were given a $0.80 dividend. The ex-dividend date was Monday, March 16th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.5%. Interparfums’s payout ratio is presently 61.07%.

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.