Interparfums, Inc. $IPAR Shares Purchased by Edgestream Partners L.P.

Edgestream Partners L.P. boosted its position in shares of Interparfums, Inc. (NASDAQ:IPARFree Report) by 710.2% during the first quarter, Holdings Channel reports. The firm owned 60,809 shares of the company’s stock after buying an additional 53,304 shares during the quarter. Edgestream Partners L.P.’s holdings in Interparfums were worth $5,524,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Hantz Financial Services Inc. boosted its position in shares of Interparfums by 172.2% in the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after buying an additional 217 shares in the last quarter. Advisory Services Network LLC purchased a new position in Interparfums during the 3rd quarter valued at about $40,000. Global Retirement Partners LLC raised its position in Interparfums by 39.0% during the fourth quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after acquiring an additional 135 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Interparfums by 34.2% during the first quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company’s stock worth $44,000 after acquiring an additional 124 shares during the last quarter. Finally, Larson Financial Group LLC purchased a new stake in shares of Interparfums in the fourth quarter valued at about $46,000. Institutional investors and hedge funds own 55.57% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on IPAR shares. Jefferies Financial Group increased their price target on shares of Interparfums from $115.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday. Canaccord Genuity Group upped their target price on Interparfums from $141.00 to $151.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings upgraded Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. BWS Financial reissued a “neutral” rating and set a $85.00 price target on shares of Interparfums in a research report on Wednesday, April 22nd. Finally, TD Cowen began coverage on Interparfums in a report on Monday, June 1st. They issued a “buy” rating and a $110.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Interparfums presently has a consensus rating of “Moderate Buy” and an average price target of $116.17.

View Our Latest Stock Analysis on IPAR

Interparfums Price Performance

Interparfums stock opened at $125.57 on Friday. The stock has a market capitalization of $4.02 billion, a P/E ratio of 23.83 and a beta of 1.13. Interparfums, Inc. has a 12-month low of $77.21 and a 12-month 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. The firm’s 50-day moving average is $108.13 and its two-hundred day moving average is $99.11.

Interparfums (NASDAQ:IPARGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.21. The business had revenue of $344.89 million during 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 company’s revenue was up 1.8% on a year-over-year basis. 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. Equities analysts predict that Interparfums, Inc. will post 4.85 earnings per share for the current year.

Interparfums Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IPAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Interparfums, Inc. (NASDAQ:IPARFree Report).

Institutional Ownership by Quarter for Interparfums (NASDAQ:IPAR)

Receive News & Ratings for Interparfums Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Interparfums and related companies with MarketBeat.com's FREE daily email newsletter.