Parvin Asset Management LLC bought a new stake in Interparfums, Inc. (NASDAQ:IPAR – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 6,510 shares of the company’s stock, valued at approximately $728,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Oregon Public Employees Retirement Fund increased its holdings in shares of Interparfums by 2.4% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,204 shares of the company’s stock worth $357,000 after acquiring an additional 100 shares during the period. Osaic Holdings Inc. boosted its stake in Interparfums by 1.6% during the 2nd quarter. Osaic Holdings Inc. now owns 6,583 shares of the company’s stock valued at $865,000 after purchasing an additional 106 shares during the period. ProShare Advisors LLC boosted its stake in Interparfums by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 3,564 shares of the company’s stock valued at $302,000 after purchasing an additional 107 shares during the period. PNC Financial Services Group Inc. grew its position in Interparfums by 4.3% in 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, State of Wyoming grew its position in Interparfums by 23.0% in the 4th quarter. State of Wyoming now owns 600 shares of the company’s stock worth $51,000 after purchasing an additional 112 shares during the last quarter. Institutional investors and hedge funds own 55.57% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have commented on IPAR shares. Jefferies Financial Group raised their price target on shares of Interparfums from $115.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Weiss Ratings raised Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Canaccord Genuity Group boosted their price target on Interparfums from $141.00 to $151.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. The Goldman Sachs Group lowered Interparfums from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $110.00 to $129.00 in a research report on Monday, August 10th. Finally, TD Cowen lowered Interparfums from a “buy” rating to a “hold” rating and raised their price target for the company from $110.00 to $120.00 in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $123.29.
Trending Headlines about Interparfums
Here are the key news stories impacting Interparfums this week:
- Positive Sentiment: Zacks raised its Q2 2027 EPS estimate to $1.02 from $0.98, lifted Q4 2026 EPS to $0.93 from $0.76, and increased Q4 2027 EPS to $1.04 from $0.97. These upgrades suggest improved expectations for select periods.
- Positive Sentiment: Zacks projects FY2027 EPS of $5.06 and FY2028 EPS of $6.42, indicating continued earnings growth beyond the current fiscal year, although both figures reflect revisions to prior estimates.
- Neutral Sentiment: Short interest was reported at zero shares as of August 25, unchanged from August 10. With no reported short positions, short-covering is unlikely to be a meaningful factor supporting IPAR shares.
- Negative Sentiment: Zacks cut its FY2027 EPS forecast to $5.06 from $5.51, a notable reduction that may pressure investor expectations for next year’s profitability.
- Negative Sentiment: Near-term estimates were also lowered: Q3 2026 EPS fell to $1.62 from $1.70, Q1 2027 EPS declined to $1.32 from $1.58, and Q3 2027 EPS dropped to $1.68 from $1.98.
- Negative Sentiment: FY2028 EPS was trimmed slightly to $6.42 from $6.43, while Q1 2028 EPS decreased to $1.82 from $1.83. Although these cuts are small, they reinforce a cautious analyst outlook.
Interparfums Stock Up 0.1%
IPAR opened at $116.67 on Thursday. Interparfums, Inc. has a one year low of $77.21 and a one year high of $129.29. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.00 and a current ratio of 3.31. The stock’s fifty day moving average is $117.16 and its 200-day moving average is $102.31. The company has a market capitalization of $3.74 billion, a PE ratio of 22.31 and a beta of 1.11.
Interparfums (NASDAQ:IPAR – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, meeting the consensus estimate of $0.95. The business had revenue of $341.04 million during the quarter, compared to analysts’ expectations of $341.00 million. Interparfums had a return on equity of 15.21% and a net margin of 11.17%.The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $0.99 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, equities analysts predict that Interparfums, Inc. will post 4.85 EPS for the current fiscal year.
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.
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