2,916,610 Shares in Interparfums, Inc. $IPAR Bought by BlackRock Inc.

Key Points

• BlackRock acquired 2.92 million Interparfums shares worth approximately $326.3 million, giving it a 9.11% stake in the fragrance company. Institutional investors collectively own 55.57% of IPAR.
• Interparfums reported quarterly revenue of $341.04 million and adjusted earnings of $0.95 per share, both essentially in line with analyst expectations. Revenue increased 2.1% year over year, and full-year 2026 EPS guidance is $4.85.
• Analyst sentiment is mixed: several firms downgraded the stock to “hold,” while others raised price targets and maintained “buy” ratings. The consensus rating is “Hold,” with an average target price of $123.29 versus the reported share price of $116.67.

BlackRock Inc. bought a new stake in shares of Interparfums, Inc. (NASDAQ:IPAR - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 2,916,610 shares of the company's stock, valued at approximately $326,252,000. BlackRock Inc. owned approximately 9.11% of Interparfums as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of IPAR. Hantz Financial Services Inc. increased its holdings in shares of Interparfums by 172.2% in the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company's stock worth $29,000 after purchasing an additional 217 shares during the last quarter. Advisory Services Network LLC bought a new position in Interparfums during the third quarter valued at approximately $40,000. Versant Capital Management Inc boosted its stake in Interparfums by 75.4% during the second quarter. Versant Capital Management Inc now owns 428 shares of the company's stock valued at $48,000 after buying an additional 184 shares during the last quarter. Global Retirement Partners LLC purchased a new position in Interparfums during the 2nd quarter valued at approximately $48,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Interparfums by 34.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company's stock valued at $44,000 after buying an additional 124 shares in the last quarter. 55.57% of the stock is currently owned by institutional investors.

Interparfums Trading Up 0.1%

IPAR stock opened at $116.67 on Thursday. Interparfums, Inc. has a twelve month low of $77.21 and a twelve month high of $129.29. The stock has a market capitalization of $3.74 billion, a price-to-earnings ratio of 22.31 and a beta of 1.11. The company has a quick ratio of 2.00, a current ratio of 3.31 and a debt-to-equity ratio of 0.09. The firm's fifty day simple moving average is $117.16 and its two-hundred day simple moving average is $102.31.

Interparfums (NASDAQ:IPAR - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.95 EPS for the quarter, hitting analysts' consensus estimates of $0.95. The firm had revenue of $341.04 million during the quarter, compared to analysts' expectations of $341.00 million. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. The firm's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.99 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, analysts anticipate that Interparfums, Inc. will post 4.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on IPAR. The Goldman Sachs Group downgraded Interparfums from a "buy" rating to a "neutral" rating and lifted their price objective for the stock from $110.00 to $129.00 in a research note on Monday, August 10th. Jefferies Financial Group raised their target price on shares of Interparfums from $115.00 to $145.00 and gave the company a "buy" rating in a report on Tuesday, July 28th. Berenberg Bank cut shares of Interparfums from a "buy" rating to a "hold" rating and set a $130.00 price target on the stock. in a research report on Friday, August 14th. TD Cowen downgraded shares of Interparfums from a "buy" rating to a "hold" rating and upped their price target for the company from $110.00 to $120.00 in a research note on Monday, August 10th. Finally, Canaccord Genuity Group increased their price objective on shares of Interparfums from $141.00 to $151.00 and gave the company a "buy" rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $123.29.

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.

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