Prescott Group Capital Management L.L.C. Purchases New Shares in Interparfums, Inc. $IPAR

Prescott Group Capital Management L.L.C. purchased a new stake in Interparfums, Inc. (NASDAQ:IPAR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 23,629 shares of the company’s stock, valued at approximately $2,004,000. Prescott Group Capital Management L.L.C. owned about 0.07% of Interparfums at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. 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. GAMMA Investing LLC increased its position in shares of Interparfums by 269.9% during the 4th quarter. GAMMA Investing LLC now owns 529 shares of the company’s stock valued at $45,000 after purchasing an additional 386 shares during the last quarter. Larson Financial Group LLC purchased a new stake in shares of Interparfums during the 4th quarter valued at $46,000. Finally, Quarry LP increased 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 purchasing an additional 484 shares during the last quarter. 55.57% of the stock is owned by hedge funds and other institutional investors.

Interparfums Stock Up 4.4%

IPAR stock opened at $90.27 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.05 and a current ratio of 3.26. The company has a market capitalization of $2.89 billion, a price-to-earnings ratio of 17.13 and a beta of 1.16. Interparfums, Inc. has a fifty-two week low of $77.21 and a fifty-two week high of $142.61. The stock has a fifty day moving average of $91.56 and a 200-day moving average of $90.78.

Interparfums (NASDAQ:IPAR) last posted 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 during 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 quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, equities research analysts predict that Interparfums, Inc. will post 4.82 earnings per share for the current year.

Interparfums Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.80 per share. The ex-dividend date is Monday, June 15th. This represents a $3.20 annualized dividend and a dividend yield of 3.5%. Interparfums’s dividend payout ratio is presently 60.72%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on IPAR. Wall Street Zen lowered Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. BWS Financial reaffirmed a “neutral” rating and set a $85.00 target price on shares of Interparfums in a research report on Wednesday, April 22nd. Zacks Research raised Interparfums from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $105.20.

Insider Buying and Selling at Interparfums

In other news, CEO Jean Madar sold 20,000 shares of the stock in a transaction on Thursday, April 2nd. The stock was 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 43.70% of the company’s stock.

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.