Interparfums, Inc. $IPAR Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in Interparfums, Inc. (NASDAQ:IPAR) by 2.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 796,189 shares of the company’s stock after buying an additional 20,146 shares during the period. Dimensional Fund Advisors LP’s holdings in Interparfums were worth $72,326,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Interparfums by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock valued at $183,554,000 after acquiring an additional 62,832 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Interparfums by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 753,469 shares of the company’s stock worth $63,917,000 after acquiring an additional 23,767 shares during the last quarter. First Trust Advisors LP lifted its position in Interparfums by 17.3% during the 4th quarter. First Trust Advisors LP now owns 736,782 shares of the company’s stock worth $62,501,000 after acquiring an additional 108,433 shares during the period. State Street Corp lifted its position in Interparfums by 0.8% during the 4th quarter. State Street Corp now owns 688,964 shares of the company’s stock worth $58,445,000 after acquiring an additional 5,370 shares during the period. Finally, Royce & Associates LP lifted its position in Interparfums by 42.0% during 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. 55.57% of the stock is currently owned by institutional investors and hedge funds.

Interparfums Trading Down 0.8%

NASDAQ IPAR opened at $124.55 on Friday. The company has a market capitalization of $3.99 billion, a PE ratio of 23.63 and a beta of 1.13. The company has a fifty day moving average of $108.76 and a 200 day moving average of $99.29. Interparfums, Inc. has a 1 year low of $77.21 and a 1 year high of $129.29. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.26 and a quick ratio of 2.05.

Interparfums (NASDAQ:IPAR) last announced 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 for 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 revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period last year, the firm earned $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Research analysts forecast that Interparfums, Inc. will post 4.85 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on IPAR. Wall Street Zen lowered Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. BWS Financial reaffirmed a “neutral” rating and set a $85.00 target price on shares of Interparfums in a report on Wednesday, April 22nd. Jefferies Financial Group lifted their target price on Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday. Weiss Ratings upgraded Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 8th. Finally, Canaccord Genuity Group increased their price target on shares of Interparfums from $141.00 to $151.00 and gave the stock a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $116.17.

About Interparfums

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.