Intech Investment Management LLC Has $716,000 Stake in Interparfums, Inc. $IPAR

Intech Investment Management LLC trimmed its holdings in Interparfums, Inc. (NASDAQ:IPAR) by 54.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,439 shares of the company’s stock after selling 9,962 shares during the period. Intech Investment Management LLC’s holdings in Interparfums were worth $716,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund lifted its holdings in Interparfums by 2.4% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,204 shares of the company’s stock worth $357,000 after purchasing an additional 100 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in Interparfums by 1.6% during the 2nd quarter. Osaic Holdings Inc. now owns 6,583 shares of the company’s stock worth $865,000 after purchasing an additional 106 shares during the last quarter. ProShare Advisors LLC lifted its holdings in Interparfums by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 3,564 shares of the company’s stock worth $302,000 after purchasing an additional 107 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Interparfums by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the company’s stock worth $224,000 after purchasing an additional 110 shares during the last quarter. Finally, CWM LLC lifted its holdings in Interparfums by 21.3% during the 4th quarter. CWM LLC now owns 660 shares of the company’s stock worth $56,000 after purchasing an additional 116 shares during the last quarter. 55.57% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Interparfums news, CEO Jean Madar sold 20,000 shares of the firm’s 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 transaction, the chief executive officer owned 7,066,341 shares in the company, valued at $643,178,357.82. This trade represents a 0.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 43.70% of the stock is currently owned by company insiders.

Interparfums Price Performance

Interparfums stock opened at $92.39 on Tuesday. The stock’s fifty day moving average price is $91.89 and its two-hundred day moving average price is $91.17. Interparfums, Inc. has a one year low of $77.21 and a one year high of $142.61. 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 firm has a market cap of $2.96 billion, a PE ratio of 17.53 and a beta of 1.16.

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

Analysts Set New Price Targets

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

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.