First Trust Advisors LP Purchases 92,253 Shares of Interparfums, Inc. $IPAR

First Trust Advisors LP boosted its holdings in Interparfums, Inc. (NASDAQ:IPAR) by 17.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 628,349 shares of the company’s stock after buying an additional 92,253 shares during the period. First Trust Advisors LP owned 1.96% of Interparfums worth $61,817,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IPAR. Exchange Traded Concepts LLC purchased a new position in shares of Interparfums in the third quarter valued at about $34,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Interparfums during the third quarter worth about $35,000. First Horizon Advisors Inc. raised its stake in Interparfums by 71.2% during the 2nd quarter. First Horizon Advisors Inc. now owns 375 shares of the company’s stock valued at $49,000 after purchasing an additional 156 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in Interparfums during the 2nd quarter valued at approximately $84,000. Finally, State of Wyoming purchased a new position in Interparfums in the 2nd quarter worth approximately $127,000. 55.57% of the stock is owned by institutional investors.

Interparfums Price Performance

Shares of Interparfums stock opened at $94.02 on Wednesday. The firm has a market cap of $3.01 billion, a PE ratio of 17.94 and a beta of 1.21. The stock has a 50 day moving average of $95.66 and a 200 day moving average of $94.52. 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, Inc. has a 12 month low of $77.21 and a 12 month high of $142.61.

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, topping analysts’ consensus estimates of $0.78 by $0.10. The business had revenue of $386.18 million for the quarter, compared to the consensus estimate of $366.76 million. Interparfums had a return on equity of 15.76% and a net margin of 11.31%.The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.82 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, research analysts expect that Interparfums, Inc. will post 5.14 EPS for the current fiscal year.

Interparfums Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a $0.80 dividend. The ex-dividend date is Monday, March 16th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 3.4%. Interparfums’s payout ratio is 61.07%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Canaccord Genuity Group restated a “buy” rating and issued a $123.00 price target on shares of Interparfums in a research note on Wednesday, November 19th. BWS Financial reiterated 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 initiated coverage on shares of Interparfums in a report on Wednesday, January 14th. They issued a “buy” rating and a $112.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research note on Monday, December 29th. Finally, Zacks Research upgraded shares of Interparfums from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $119.14.

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.