Interparfums, Inc. $IPAR Stake Reduced by Aurora Investment Counsel

Aurora Investment Counsel cut its stake in Interparfums, Inc. (NASDAQ:IPAR) by 81.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,705 shares of the company’s stock after selling 16,237 shares during the period. Aurora Investment Counsel’s holdings in Interparfums were worth $314,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IPAR. Norges Bank acquired a new position in shares of Interparfums during the fourth quarter valued at $19,313,000. Royce & Associates LP increased its holdings in shares of Interparfums by 42.0% in the 4th quarter. Royce & Associates LP now owns 683,201 shares of the company’s stock worth $57,956,000 after acquiring an additional 202,207 shares during the period. Millennium Management LLC lifted its position in Interparfums by 823.0% in the 3rd quarter. Millennium Management LLC now owns 205,526 shares of the company’s stock valued at $20,220,000 after purchasing an additional 183,258 shares during the last quarter. Squarepoint Ops LLC lifted its position in Interparfums by 249.3% in the 2nd quarter. Squarepoint Ops LLC now owns 225,907 shares of the company’s stock valued at $29,664,000 after purchasing an additional 161,239 shares during the last quarter. Finally, Man Group plc boosted its stake in Interparfums by 572.8% during the 2nd quarter. Man Group plc now owns 187,058 shares of the company’s stock valued at $24,563,000 after purchasing an additional 159,254 shares during the period. 55.57% of the stock is currently owned by institutional investors.

Interparfums Stock Performance

IPAR opened at $101.78 on Friday. 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 has a market capitalization of $3.26 billion, a price-to-earnings ratio of 19.31 and a beta of 1.16. The business has a 50 day moving average price of $92.55 and a two-hundred day moving average price of $91.62. Interparfums, Inc. has a 1-year low of $77.21 and a 1-year high of $141.51.

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

Insider Transactions at Interparfums

In related 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 sale, the chief executive officer directly owned 7,066,341 shares in the company, valued at approximately $643,178,357.82. This trade represents a 0.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 43.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. TD Cowen started coverage on shares of Interparfums in a research report on Monday, June 1st. They issued a “buy” rating and a $110.00 target price for the company. Wall Street Zen downgraded Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. BWS Financial reissued a “neutral” rating and issued a $85.00 price objective on shares of Interparfums in a report on Wednesday, April 22nd. 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 issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average 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.