95,503 Shares in Interparfums, Inc. $IPAR Acquired by Jupiter Topco LLC

Jupiter Topco LLC bought a new stake in Interparfums, Inc. (NASDAQ:IPAR - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 95,503 shares of the company's stock, valued at approximately $10,684,000. Jupiter Topco LLC owned approximately 0.30% of Interparfums as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IPAR. Vanguard Group Inc. increased its holdings in shares of Interparfums by 3.0% during the fourth 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 in the last quarter. UBS Group AG increased its stake in Interparfums by 91.4% during the 4th quarter. UBS Group AG now owns 131,105 shares of the company's stock valued at $11,122,000 after purchasing an additional 62,605 shares in the last quarter. Principal Financial Group Inc. increased its stake in Interparfums by 20.7% during the 1st quarter. Principal Financial Group Inc. now owns 105,505 shares of the company's stock valued at $9,584,000 after purchasing an additional 18,098 shares in the last quarter. London Co. of Virginia raised its holdings in shares of Interparfums by 21.6% in the first quarter. London Co. of Virginia now owns 188,043 shares of the company's stock worth $17,082,000 after buying an additional 33,359 shares during the last quarter. Finally, Granite Investment Partners LLC raised its holdings in shares of Interparfums by 58.3% in the first quarter. Granite Investment Partners LLC now owns 48,965 shares of the company's stock worth $4,448,000 after buying an additional 18,024 shares during the last quarter. 55.57% of the stock is currently owned by hedge funds and other institutional investors.

Interparfums Trading Up 0.4%

Shares of Interparfums stock opened at $117.78 on Friday. The firm has a 50-day simple moving average of $117.89 and a two-hundred day simple moving average of $102.52. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.00 and a current ratio of 3.31. Interparfums, Inc. has a fifty-two week low of $77.21 and a fifty-two week high of $129.29. The company has a market cap of $3.77 billion, a P/E ratio of 22.52 and a beta of 1.11.

Interparfums (NASDAQ:IPAR - Get Free Report) last announced its quarterly 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 firm had revenue of $341.04 million during the quarter, compared to analyst estimates of $341.00 million. Interparfums had a return on equity of 15.21% and a net margin of 11.17%.Interparfums's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.99 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, equities analysts predict that Interparfums, Inc. will post 4.85 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on IPAR shares. 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 report on Thursday, July 30th. TD Cowen lowered Interparfums from a "buy" rating to a "hold" rating and increased their price objective for the company from $110.00 to $120.00 in a report on Monday, August 10th. Berenberg Bank cut Interparfums from a "buy" rating to a "hold" rating and set a $130.00 price objective for the company. in a research note on Friday, August 14th. 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, July 28th. Finally, Weiss Ratings raised shares of Interparfums from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, July 8th. One equities research 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 given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $123.29.

Insider Activity at Interparfums

In other news, Director Veronique Gabai-Pinsky sold 900 shares of the company's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $116.86, for a total transaction of $105,174.00. Following the completion of the transaction, the director directly owned 900 shares of the company's stock, valued at $105,174. This represents a 50.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 43.60% of the stock is owned by company insiders.

Interparfums Company 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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