Interparfums, Inc. $IPAR Position Boosted by Bahl & Gaynor Inc.

Key Points

• Bahl & Gaynor Inc. increased its stake in Interparfums, Inc. by 16.4% during Q1, acquiring an additional 52,802 shares, bringing their total holdings to approximately 374,647 shares valued at $42.66 million.
• Despite a recent decrease in earnings per share to $0.99, Interparfums had revenue of $333.94 million for the quarter, though this fell short of estimates and marked a 2.3% decline compared to the prior year.
• The company currently has a consensus rating of "Buy" from four analysts, with a price target average set at $162.00.

Bahl & Gaynor Inc. raised its holdings in Interparfums, Inc. (NASDAQ:IPAR - Free Report) by 16.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 374,647 shares of the company's stock after acquiring an additional 52,802 shares during the period. Bahl & Gaynor Inc. owned 1.17% of Interparfums worth $42,661,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in IPAR. Eukles Asset Management acquired a new stake in shares of Interparfums during the 1st quarter worth $30,000. CWM LLC increased its holdings in shares of Interparfums by 29.4% during the 1st quarter. CWM LLC now owns 418 shares of the company's stock worth $48,000 after buying an additional 95 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Interparfums by 52.0% during the 1st quarter. Blue Trust Inc. now owns 506 shares of the company's stock worth $58,000 after buying an additional 173 shares during the last quarter. Coppell Advisory Solutions LLC increased its holdings in shares of Interparfums by 210.3% during the 4th quarter. Coppell Advisory Solutions LLC now owns 512 shares of the company's stock worth $67,000 after buying an additional 347 shares during the last quarter. Finally, New Age Alpha Advisors LLC acquired a new stake in shares of Interparfums during the 1st quarter worth $104,000. 55.57% of the stock is currently owned by institutional investors and hedge funds.

Interparfums Stock Down 1.0%

Interparfums stock traded down $1.15 during trading on Monday, reaching $115.00. 148,851 shares of the company's stock were exchanged, compared to its average volume of 272,793. 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 company's 50-day moving average is $126.28 and its two-hundred day moving average is $124.58. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 23.05 and a beta of 1.43. Interparfums, Inc. has a 52-week low of $97.65 and a 52-week high of $148.15.

Interparfums (NASDAQ:IPAR - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.99 earnings per share for the quarter, missing analysts' consensus estimates of $1.10 by ($0.11). The firm had revenue of $333.94 million during the quarter, compared to analysts' expectations of $357.58 million. Interparfums had a net margin of 11.03% and a return on equity of 16.45%. The business's quarterly revenue was down 2.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.14 earnings per share. Interparfums has set its FY 2025 guidance at 5.350-5.350 EPS. On average, analysts predict that Interparfums, Inc. will post 5.14 earnings per share for the current year.

Analyst Ratings Changes

Separately, BWS Financial restated a "buy" rating and set a $172.00 price objective on shares of Interparfums in a report on Wednesday, May 7th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Interparfums has a consensus rating of "Buy" and an average target price of $162.00.

Insider Transactions at Interparfums

In other Interparfums news, VP Philippe Santi sold 1,000 shares of the company's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $139.23, for a total value of $139,230.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gilbert Harrison sold 400 shares of the company's stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $133.96, for a total transaction of $53,584.00. Following the completion of the transaction, the director directly owned 1,550 shares of the company's stock, valued at approximately $207,638. The trade was a 20.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 43.70% of the company's stock.

Interparfums 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.