Fox Run Management L.L.C. Takes Position in Interparfums, Inc. $IPAR

Fox Run Management L.L.C. acquired a new position in Interparfums, Inc. (NASDAQ:IPAR) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 5,699 shares of the company’s stock, valued at approximately $748,000.

Several other institutional investors and hedge funds also recently bought and sold shares of IPAR. First Horizon Advisors Inc. lifted its position in shares of Interparfums by 71.2% in the second quarter. First Horizon Advisors Inc. now owns 375 shares of the company’s stock worth $49,000 after purchasing an additional 156 shares in the last quarter. CWM LLC boosted its stake in shares of Interparfums by 29.4% during the 1st quarter. CWM LLC now owns 418 shares of the company’s stock valued at $48,000 after buying an additional 95 shares during the period. Carolina Wealth Advisors LLC acquired a new stake in shares of Interparfums during the 2nd quarter valued at $76,000. Blue Trust Inc. grew its holdings in shares of Interparfums by 34.6% during the 2nd quarter. Blue Trust Inc. now owns 681 shares of the company’s stock valued at $89,000 after acquiring an additional 175 shares in the last quarter. Finally, New Age Alpha Advisors LLC acquired a new position in shares of Interparfums in the first quarter worth $104,000. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on IPAR shares. Sanford C. Bernstein upgraded Interparfums to a “strong-buy” rating in a research note on Tuesday, October 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Interparfums in a report on Wednesday, October 8th. BWS Financial reissued a “buy” rating and issued a $172.00 price target on shares of Interparfums in a research note on Wednesday, October 22nd. Canaccord Genuity Group cut their price objective on shares of Interparfums from $168.00 to $123.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Jefferies Financial Group decreased their target price on shares of Interparfums from $150.00 to $125.00 and set a “buy” rating for the company in a research report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Interparfums presently has an average rating of “Buy” and a consensus price target of $145.60.

Interparfums Stock Down 0.4%

IPAR opened at $87.38 on Monday. The firm has a market cap of $2.80 billion, a P/E ratio of 17.51 and a beta of 1.39. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.69 and a current ratio of 2.96. The business has a 50 day moving average price of $99.49 and a 200 day moving average price of $116.65. Interparfums, Inc. has a twelve month low of $86.50 and a twelve month high of $148.15.

Interparfums (NASDAQ:IPAR) last released its quarterly earnings results on Wednesday, November 5th. The company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.16. The company had revenue of $429.58 million for the quarter, compared to analyst estimates of $431.78 million. Interparfums had a net margin of 11.03% and a return on equity of 16.45%. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.93 earnings per share. Interparfums has set its FY 2025 guidance at 5.120-5.120 EPS. Research analysts forecast that Interparfums, Inc. will post 5.14 EPS for the current year.

Interparfums Company Profile

Inter Parfums, Inc, together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. It operates in two segments, European Based Operations and United States Based Operations. The company offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T.