Interparfums, Inc. $IPAR Shares Bought by Vest Financial LLC

Key Points

• Vest Financial LLC increased its stake in Interparfums, Inc. by 25.5%, owning 31,506 shares worth approximately $4.1 million as of the latest SEC filing.
• Interparfums reported an EPS of $0.99 for the last quarter, missing analyst expectations of $1.10 and indicating a 2.3% decline in revenue year-over-year.
• According to Weiss Ratings, the stock has a consensus rating of "Moderate Buy" with a target price of $162.00, supported by four buy ratings from analysts.

Vest Financial LLC grew its holdings in shares of Interparfums, Inc. (NASDAQ:IPAR - Free Report) by 25.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 31,506 shares of the company's stock after acquiring an additional 6,408 shares during the quarter. Vest Financial LLC owned about 0.10% of Interparfums worth $4,137,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Eukles Asset Management acquired a new stake in shares of Interparfums in the first quarter valued at $30,000. CWM LLC lifted its holdings in shares of Interparfums by 29.4% in the first 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. Blue Trust Inc. lifted its holdings in shares of Interparfums by 52.0% in the first quarter. Blue Trust Inc. now owns 506 shares of the company's stock valued at $58,000 after buying an additional 173 shares during the period. Carolina Wealth Advisors LLC acquired a new stake in shares of Interparfums in the second quarter valued at $76,000. Finally, New Age Alpha Advisors LLC acquired a new stake in shares of Interparfums in the first quarter valued at $104,000. Institutional investors and hedge funds own 55.57% of the company's stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a "hold (c)" rating on shares of Interparfums in a report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $162.00.

Interparfums Trading Up 0.0%

Shares of NASDAQ IPAR opened at $92.50 on Tuesday. Interparfums, Inc. has a 12 month low of $91.19 and a 12 month high of $148.15. The company has a market cap of $2.97 billion, a price-to-earnings ratio of 18.54 and a beta of 1.35. The company has a quick ratio of 1.69, a current ratio of 2.96 and a debt-to-equity ratio of 0.14. The business has a fifty day simple moving average of $107.67 and a 200-day simple moving average of $118.21.

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

About Interparfums

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.

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